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…
Emirates Airline Studies New Foreign Buys
Dubai's Emirates airline is studying new opportunities to buy foreign carriers if they fit the emirate's strategy,…
Saudi Market Violations Drop 16.7% in 2011: CMA
Saudi Arabia's Capital Markets Authority (CMA) has said the number of suspected violations of its rules in 2011…
US and KSA Sign “Renewable Energy Projects” Deals
US Assistant Secretary of Commerce for Manufacturing and Services Nicole Lamb says the United States and Saudi…
Turkey’s Bank Asya Receives US$325 Mln Islamic loan
Turkish lender Asya Katilim Bankasi (Bank Asya) has secured a $325 million dual-currency syndicated Islamic loan, a…
NBE Receives EGP 6 Bln To Finance SMEs
National bank of Egypt (NBE) received EGP six billion loans from eight international and local bodies to finance…
EGX Indices Close In Dark Red on Foreign Selling Pressures
On Tuesday’s closing session, the EGX extended its losses to reach EGP 2.7 billion as the capital market amounted…
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