Guides & Analytics
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 is insufficient and economically unjustified.…
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 to commit money to boost the fund's financial…
Du Launches “VSAT” Service Platform
Enhancing its Satellite data business offerings, Du has launched a new Very Small Aperture Terminal (VSAT) services platform based on iDirect evolution technology.…
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 quarter of 2012, compared to KD 2.11 million of the…
Dubai Bourse Ends Flat; Tuesday
The Dubai Financial Market (DFM) General Index ended roller coaster Tuesday flat at 1,649.14 points. While market heavyweights Arabtec Construction (up 2.44%) and…
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 estate expert has said. Abdulhadi Al-Rashidi, GM,…
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 minister of housing, Zohair Garana-the former minister of…
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 Etisalat, the UAE's first telco firm, edged 1.27%…