Saudi Telecom drags down Riyadh, rest of Gulf weak
Saudi Telecom dragged Riyadh's market down further early on Monday while other Gulf bourses, many of them reopening…
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Gulf
Egypt’s GIG studies entering into inward reinsurance arrangements in Gulf
Egypt’s Arab Misr Insurance Group – GIG is studying inward requests from Gulf insurance brokers for reinsurance…
Arqaam plans two new IPOs on Dubai stock market this year
Emirates financial services firm, Arqaam Capital is seeking two initial share offerings for two UAE firms on Dubai…
Gulf shares rise after oil prices climb
A bounce in oil prices at the end of last week helped lift stock markets in the Gulf on Sunday, while Egypt's main…
Gulf bourses firm as oil came off multi-month lows
Bourses in the Gulf firmed on Wednesday as oil prices came off multi-month lows and global equities firmed. Dubai's…
Arqaam Capital targeting AUMs up to $3 bln in two years
Dubai-based financial services firm Arqaam Capital is planning to increase its total assets under management to $3…
Gulf may be dampened by oil, aftermath of earnings
Stock markets in the Gulf may be weighed down by soft oil prices and the aftermath of a mediocre corporate earnings…
Suez Canal reduces cheaper tolls for empty US oil vessels travelling to Gulf
The Suez Canal Authority has announced a decision to reduce the toll on empty US oil vessels sailing through the…
Egypt’s cenbank pays back $1 billion debt to Qatar
Egypt has returned to Qatar $1 billion deposited by the Gulf state to help prop up the Egyptian central bank's…
Egypt’s cenbank pays back $1 billion debt to Qatar
Egypt has returned to Qatar $1 billion deposited by the Gulf state to help prop up the Egyptian central bank's…