U.S. Stock Futures Rise As EU Debt Concern Eases
U.S. stock futures advanced, following a two-day decline in the Standard & Poor’s 500 Index, as increased…
Saudi Arabia Ranks First in Global Mobile Phone Use
Saudi Arabia occupied the first rank among the countries with the highest proportion of mobile phone users in the…
Gas Sector Tax Economically Unjustified: Putin
Gazprom’s shares shed 1.5% following the Russian Prime Minister’s statement that the tax burden on the gas sector…
Japan Pledges $60 Bln To IMF
Japan vowed it will provide $60 billion in loans to the International Monetary Fund, the first non-European nation…
Du Launches “VSAT” Service Platform
Enhancing its Satellite data business offerings, Du has launched a new Very Small Aperture Terminal (VSAT) services…
Kuwait’s Boubyan Bank Posts KD 2.48 Mln Net Profit For Q1 2012
Kuwaiti lender Boubyan Bank announced that its net profit reached KD 2.48 million, a growth of 17% for the first…
Dubai Bourse Ends Flat; Tuesday
The Dubai Financial Market (DFM) General Index ended roller coaster Tuesday flat at 1,649.14 points. While market…
Real Estate Market in KSA Needs SR500bln in Five Years
Saudi real estate market needs more than SR500 billion in the next five years to finance housing projects, a real…
Criminal Court adjourn “Al Maghraby & Garana” Case till 29 April
Giza Criminal Court, headed by Judge Hosam Mohamed Dabous, adjourned the case of Ahmed Maghraby- the former…
ADX Closed Higher 0.23% Backed By Etisalat Gains
The Abu Dhabi Securities Exchange (ADX) General Index closed 0.23% higher at 2,505.43 Tuesday. Market bellwether…
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