Market Current Level Change
Saudi Stock Exchange 8,347.25 76.70 (0.93%)
Dubai Financial Market 2,490.55 -36.73 (-1.45%)
Abu Dhabi Stock Exchange 4,983.42 -15.80 (-0.32%)
Kuwait Stock Exchange 5,234.51 6.97 (0.13%)
Bahrain Stock Exchange 1,340.12 -3.67 (-0.27%)
Muscat Securities Market 4,279.87 -28.87 (-0.67%)
Qatar Exchange 10,762.99 91.43 (0.86%)
GulfBase GCC Index 4,560.67 -4.71 (-0.10%)
Bank AlJazira wins 2 industry awards

(Saudi Gazette - 12/27/2018 8:26:00 AM)

BANK Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards received were: Critics Choice for Best Islamic Digital Banking and Critics Choice for Best Islamic Retail Banking Innovation...

Gold hits six-month high on US political worries

(Arab News - 12/27/2018 8:24:00 AM)

Gold rose to its highest in six months on Wednesday as worries over US political uncertainty, aggravated by a partial government shutdown, and slowing global economic growth drove investors toward the safe-haven metal.<br/><br/> Spot gold climbed 0.3...

MENA printing business to grow to $32bn in 2019

(Saudi Gazette - 12/27/2018 8:23:00 AM)

The Middle East and North Africa (MENA) region continues to present one of the world’s key growth regions for printing.<br/><br/> In 2019, the total value of the commercial print business in MENA is forecast to reach $32 billion, according to exclusive...

Oman's share index ends higher marginally

(Times of Oman - 12/27/2018 8:15:00 AM)

The MSM30 index ended higher by 0.31 per cent to close at 4,326.15 points. MSM Sharia Index closed at 587.74 points, up by 0.05 per cent. National Finance was the most active in terms of volume and in terms of turnover. The top gainer of the day was Oman...

Oman's share index ends higher marginally

(Times of Oman - 12/27/2018 8:14:00 AM)

The MSM30 index ended higher by 0.31 per cent to close at 4,326.15 points. MSM Sharia Index closed at 587.74 points, up by 0.05 per cent. National Finance was the most active in terms of volume and in terms of turnover. The top gainer of the day was Oman...

Raysut Industrial Estate holds meeting with investors

(Times of Oman - 12/27/2018 8:11:00 AM)

The Quality Improvement Committee at Raysut Industrial Estate held its first meeting chaired by Eng. Hamad Al Qasabi, Director General of the estate and the committee’s chairman.<br/><br/> The meeting was attended by a number of CEOs of companies and...

World economy set to feel delayed trade war pain in 2019

(Gulf News - 12/27/2018 8:08:00 AM)

While 2018 was the year trade wars broke out, 2019 will be the year the global economy feels the pain. Bloomberg’s Global Trade Tracker is softening amid a fading rush to front-load export orders ahead of threatened tariffs. And volumes are tipped to...

Dubai’s penny stocks see mild traction

(Gulf News - 12/27/2018 8:00:00 AM)

Small stocks, those whose prices are below Dh1, witnessed buying in the last hour of trade in Dubai, led by a Gulf Finance House (GFH) recovery after traders saw positive movement in US futures. <br/><br/> GFH closed more than 5 per cent higher to end at...

UAE, Chechnya explore economic cooperation

(Gulf News - 12/27/2018 7:58:00 AM)

The Zayed Fund for Innovation and Entrepreneurship, established by the Khalifa Fund for Enterprise Development, is contributing to the economic development of Chechnya with a number of projects.<br/><br/> according to Hussain Jasim Al Nowais, chairman of...

Oman’s first wind turbine installed in Dhofar

(Oman Daily Observer - 12/27/2018 7:56:00 AM)

Masdar, the Abu Dhabi Future Energy Company, announced yesterday the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in Dhofar Governorate, the project is fully financed by Abu Dhabi Fund for Development (ADFD)....