Market Current Level Change
Saudi Stock Exchange 6,945.74 28.71 (0.42%)
Dubai Financial Market 3,416.71 -22.12 (-0.64%)
Abu Dhabi Stock Exchange 4,512.91 -28.13 (-0.62%)
Kuwait Stock Exchange 6,854.27 23.42 (0.34%)
Bahrain Stock Exchange 1,332.15 -1.88 (-0.14%)
Muscat Securities Market 5,525.43 15.26 (0.28%)
Qatar Exchange 10,089.86 -115.75 (-1.13%)
GulfBase GCC Index 4,278.74 -4.94 (-0.12%)
Sterling rebounds vs euro as political worries ebb

(Business Recorder - 4/27/2017 7:46:00 AM)

Sterling clawed back some ground against the euro on Wednesday, recovering from a two-week low, as a perception that political risk had faded drove investors to buy the pound after taking their bets against it to record levels. The pound recorded its...

Brazil real weakens on fiscal jitters, Trump tax plan eyed

(Business Recorder - 4/27/2017 7:45:00 AM)

The Brazilian real weakened on Wednesday after lawmakers voted to water down the austerity demands in a states debt relief bill, fueling concerns over the government's fiscal agenda. The lower house of Congress approved late on Tuesday scrapping a...

Muscat bourse recovers on buying support

(Times of Oman - 4/27/2017 7:43:00 AM)

Shares on the Muscat bourse recovered amid better investor sentiment on Wednesday. The MSM30 Index advanced by 0.80 per cent to close at 5,510.18 points. The MSM Sharia Index closed at 801.51 points, up by 0.45 per cent. Bank Sohar was the most active...

Liquidity situation improving in Oman, say bankers

(Times of Oman - 4/27/2017 7:42:00 AM)

Bank liquidity in Oman is improving and financial institutions are in a comfortable position now, according to bankers, who attended the “New Age Banking Summit Oman” here on Wednesday. “The liquidity situation is improving now. We had undergone some...

Aamal posts first-quarter net profit of QR139.7mn

(Gulf Times - 4/27/2017 7:40:00 AM)

Aamal Company has reported net profit of QR139.7mn, translating into earnings-per-share of QR0.18 at the end of first quarter (Q1) ended March 31, 2017. “The Q1, 2017 has seen our revenues grow very strongly, by more than 22%; this has been driven by a...

GCC value-added tax framework provides roadmap for Qatar: KPMG

(Gulf Times - 4/27/2017 7:39:00 AM)

Following the release of the unified agreement for value-added tax (VAT) for the Gulf Cooperation Council (GCC) countries by Saudi Arabia, Philippe Norré, head (Indirect Taxes) at KPMG in Qatar, stated “this milestone was paving the way for the...

Doha Bank honoured at 3G Awards in Dubai

(The Peninsula - 4/27/2017 7:38:00 AM)

Doha Bank received the “Global Good Governance (3G) Awards 2017” under the category "3G Environmental Responsibility Award 2017", at Fair month The Palm in Dubai, on Monday. The award ceremony was hosted by Cambridge IF Analytica. Leaders from Corporate...

QIIB wins Visa International Award

(The Peninsula - 4/27/2017 7:37:00 AM)

QIIB has bagged the ‘Best growing Qatari bank in the banking card industry in 2016’ award , instituted by Visa International for banks achieving the highest growth rate in the card sector in countries where they operate. Abdulbasit Ahmad Al Shaibei, QIIB...

Du names new executive VP for corporate communications

(Trade Arabia - 4/27/2017 7:35:00 AM)

UAE telecommunications provider du has appointed Abdulwahed Juma as the executive vice president of brand and corporate communications. In today’s competitive telecommunications environment, offering a distinct value addition is key for a brand as a...

Dana Gas makes first international condensate sale in Egypt

(Arab News - 4/27/2017 7:34:00 AM)

Dana Gas, the Middle East’s largest regional natural gas company, has achieved an important milestone with the first international sale of condensate in Egypt under the gas production enhancement agreement (GPEA). The first cargo is approximately 150,000...