Companies scramble for emergency meetings amid reports of proposal to tax reserves Reports of the Reform and Revenue Mobilisation Commission’s (RRMC) proposal to tax accumulated reserves of companies... Published 30 May, 2023 06:14pm
Markets Major Gulf markets gain as US debt deal spurs optimism Major stock markets in the Gulf rose in early trade on Tuesday as investors cheered the prospect of the world’s... Published 30 May, 2023 01:57pm
Markets Most Gulf markets gain on US debt ceiling deal; Abu Dhabi falls Most stock markets in the Gulf rose in early trading on Monday after lawmakers in Washington reached a tentative... Published 29 May, 2023 02:07pm
Markets UAE stocks rise as oil prices rise on US debt deal optimism Stock markets in the United Arab Emirates closed higher on Friday as oil prices rose following progress in talks... Published 26 May, 2023 06:31pm
Markets Most Gulf markets lower as US debt-ceiling talks drag on Most stock markets in the Gulf ended lower on Thursday tracking global shares after U.S. debt-ceilingtalks dragged... Published 25 May, 2023 06:29pm
Markets Gulf markets range-bound as US debt jitters dent sentiment Most major Gulf markets were range-bound on Thursday as the impasse in negotiations to raise the US debt ceiling and... Published 25 May, 2023 01:55pm
Markets Gulf stocks slide as impasse over US debt talks weigh; Egypt gains Most major Gulf stock markets ended lower on Wednesday, tracking weakness in global peers as an impasse over U.S.... Published 24 May, 2023 06:45pm
Markets Gulf stocks track global markets lower on oil volatility, US debt impasse Most Gulf stock markets ended lower on Tuesday, mirroring a decline in its global peers as volatile energy prices... Published 23 May, 2023 06:45pm
Markets Gulf stock markets end mixed ahead of US debt talks Gulf stock markets ended mixed on Monday as investors remained cautious ahead of U.S. debt ceiling talks, with UAE... Published 22 May, 2023 07:05pm
Markets UAE markets extend weekly loss Stock markets in United Arab Emirates closed lower on Friday for a second consecutive session as investors remained... Published 19 May, 2023 07:38pm
Markets Most Gulf markets in red as US debt talks weigh; Saudi gains Most stock markets in the Gulf ended lower on Thursday amid concerns around the U.S. government’s debt-ceiling... Published 18 May, 2023 06:55pm
Markets Most Gulf markets fall on lower oil prices; Saudi gains Most stock markets in the Gulf fell in early trade on Thursday on lower oil price, although the Saudi index bucked... Published 18 May, 2023 03:03pm
Markets Most Gulf markets in red; oil lifts Saudi Most major stock markets in the Gulf fell in early trade on Thursday tracking Asian shares lower, although the Saudi... Published 11 May, 2023 02:10pm
Markets Gulf stock markets end mixed; Egypt gains Gulf stock markets showed no clear direction on Wednesday after a mixed set of corporate earnings, while Egypt’s... Published 10 May, 2023 07:09pm
Markets Aramco bolsters Saudi index; Dubai eases Stock markets in the Gulf ended mixed on Tuesday, with Aramco’s quarterly earnings lifting the Saudi index, while... Published 09 May, 2023 06:55pm
Markets Qatar leads major Gulf markets lower on weak earnings Major stock markets in the Gulf fell in early trade on Monday, with the Qatari bourse leading the losses following a... Published 08 May, 2023 02:06pm
Markets ADIB boosts Abu Dhabi index, Dubai retreats The Abu Dhabi index closed higher on Friday, boosted by gains in Abu Dhabi Islamic Bank after sovereign wealth fund... Published 05 May, 2023 06:44pm
Markets Most Gulf markets in black as oil edges higher Most stock markets in the Gulf ended higher on Thursday, bouncing back from early losses with a rebound in oil... Published 04 May, 2023 07:38pm
Markets Most Gulf markets fall ahead of expected interest rate hikes Most stock markets in the Gulf ended lower on Wednesday, ahead of an expected Federal Reserve interest rate hike... Published 03 May, 2023 06:52pm
Markets UAE stocks close higher on strong corporate earnings Stock markets in the United Arab Emirates closed higher on Friday, as a slew of strong corporate earnings lifted... Published 28 Apr, 2023 06:44pm
Markets Gulf markets close mixed on economic worries; Egypt gains Most stock markets in the Gulf ended mixed on Thursday amid concerns around recession in the United States, with the... Published 27 Apr, 2023 09:00pm
Markets Gulf markets put in mixed performance on recession fears Stock markets in the Gulf put in a mixed performance on Wednesday amid expectations of slowing economic growth and... Published 26 Apr, 2023 07:28pm
Markets Major Gulf markets mixed in early trade Major stock markets in the Gulf were mixed in early trade on Wednesday amid rising recession fears in the United... Published 26 Apr, 2023 01:35pm
Markets Kuwaiti shares up ahead of Eid break; Qatar falls Kuwait’s stock market rose on Thursday as most Gulf bourses were closed for Eid-al-fitr, while the Qatari index... Published 20 Apr, 2023 04:54pm
Markets Most Gulf markets in red ahead of Eid break, interest rate hike worries Most stock markets in the Gulf ended lower on Wednesday in thin trade ahead of Eid al-Fitr holidays and weighed by... Published 19 Apr, 2023 06:16pm
Markets Most Gulf markets end lower ahead of Eid break Stock markets in the Gulf ended lower in thin trade on Tuesday, as long-term equity investors stayed on the... Published 18 Apr, 2023 06:43pm
Markets UAE markets gain as Fed rate hike pause seen Stock markets in the United Arab Emirates ended higher on Friday on speculation the Federal Reserve is nearing the... Published 14 Apr, 2023 05:27pm
Markets Most Gulf markets track global shares higher Most stock markets in the Gulf ended higher on Tuesday, tracking a rise in global shares as traders held onto hope... Published 11 Apr, 2023 07:57pm
Markets Gulf markets retreat as recession worries weigh Stock markets in the Gulf ended lower on Thursday as mounting evidence of a U.S. economic slowdown fuelled worries... Published 06 Apr, 2023 06:47pm
Markets Saudi bourse gains on higher oil prices Saudi Arabia’s stock market ended higher on Tuesday on rising oil prices, while the Egyptian bourse eased after four... Published 04 Apr, 2023 06:35pm