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Tuesday, November 24, 2009
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BREAKING NEWS |
Qatar promises 'historic' 2022 World Cup
EUR | GBP
1.110 , USD | EUR
0.669 , USD | GBP
0.603
Monetary Policy
Business
Economy
Oman to boost spending by 9 pct in 2010
Nov 24, 2009 at 10:12
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BRIEF: Arab state's economy minister Mekki says to raise spending to $18.7 bln as oil prices increase.
Oman economy to grow by 2.5 pct; inflation up
Oman sees exceeding spending plan by 20 pct
Business
Economy
Iran dumps dollar for euro, gains $5 bln
Nov 23, 2009 at 14:34
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UPDATE 2: Cbank governor says Islamic Republic gains through policy of shifting away from greenback.
Business
Economy
Mideast surpluses to hit $1 tln in 5 yrs -IMF
Nov 23, 2009 at 12:45
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Oil-rich region's current account surpluses to expand massively as oil prices and demand recover from crisis.
The World in 2010
Business
Economy
UAE spells out reservations on currency union
Nov 23, 2009 at 11:22
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Cbank governor says Arab state left plan for 'fundamental' reasons, union has no system for unit of account.
Gulf Monetary Union
Finance
Markets
Dubai to tap int'l mkts for bond -Alabbar
Nov 21, 2009 at 09:02
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Executive council member says 'reasonable chunk' of $10 bln govt bond will be bought by regional institutions.
World Economic Forum
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Dubai Debt
Business
Economy
Oman cbank says sticks to U.S. dollar peg
Nov 20, 2009 at 15:39
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Peg issue gains momentum again as dollar retreats and oil prices recover, helping economies in the Gulf.
Business
Economy
Saudi says dumping dollar a 'non-starter'
Nov 20, 2009 at 09:29
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Kingdom's top official says riyal's peg to dollar serves country very well, see no reasons to change it.
Business
Economy
Qatar's $7 bln bond may trigger debt issues
Nov 19, 2009 at 14:21
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Sovereign bonds to open further debt issuance as need for capital rises due to tight lending in Arab state.
Business
Economy
Qatar's new tax law to boost investment
Nov 18, 2009 at 12:13
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Economy and trade minister Kamal says new income tax law reduces tax on foreign firms' profits.
Tax
Business
Economy
Saudi reiterates loyalty to dollar
Nov 18, 2009 at 11:37
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Kingdom's cbank says dollar peg beneficial, to follow as long as greenback remains global currency -paper.
Business
Economy
Qatar tax law for corporates not individuals
Nov 17, 2009 at 16:23
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BRIEF: Govt official clarifies new income tax law will apply to revenues of corporations and not individuals.
Business
Economy
Qatar to impose income tax in Jan 2010
Nov 17, 2009 at 15:24
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Crown prince issues income tax law,which could make it first Gulf Arab country to tax income of individuals.
Tax
Business
Economy
Bahrain to ratify single currency next week
Nov 17, 2009 at 14:55
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BRIEF: Gulf state expects to approve planned single currency after parliament cleared project, official says.
Gulf Monetary Union
Business
Economy
GCC hints at ditching dollar peg
Nov 17, 2009 at 12:53
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UPDATE 2: Kuwait foreign minister says Gulf states will discuss option to peg single currency to basket.
Business
Economy
Dubai $10 bln bond to be issued by end '09
Nov 16, 2009 at 12:10
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Member of emirate's financial crisis committee says 2nd tranche of $20 billion bond programme by end of year.
Dubai Debt
Business
Economy
Qatar to sell 3-part global bond this week
Nov 16, 2009 at 07:24
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Arab state to sell five, ten and 30-yr dollar bonds to provide funding for state-owned or controlled firms.
»
ALL NEWS
Markets
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Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Markets
Saudi
6,303.81
0.20%
Amman
2,591.39
0.09%
Muscat
6,393.67
-0.04%
Dubai
2,070.89
-1.93%
Abu Dhabi
2,893.87
-0.47%
Kuwait
6,869.10
1.08%
Doha
7,150.52
-1.46%
Bahrain
1,449.05
0.11%
Palestine
498.01
-0.28%
Egypt
6,316.61
0.59%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Kuwait falls; most Arab markets rise
Most Popular
RATED
PHOTOS
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EMAILED
Gulf Air to cut staff, may sell planes
5
UK builders chase $331 mln unpaid Dubai bills
5
Saudia, Gulf Air involved in midair scare
5
GCC can price oil in new currency -economist
5
Gulf growth outlook brightens -poll
5
GALLERY: How the other half fly
GALLERY: Sneak peek inside A380
Inside Dubai’s fishy business
UK builders chase $331 mln unpaid Dubai bills
Saudia, Gulf Air involved in midair scare
Dubai in image makeover with exec shake-up
GCC can price oil in new currency -economist
Gulf Air to cut staff, may sell planes
UK builders chase $331 mln unpaid Dubai bills
GCC can price oil in new currency -economist
Qatar wants most of $23 bln rail built by '22
Abu Dhabi's NMDC wins $408 mln canal contract
Dubai in image makeover with exec shake-up
Essential Reading
Business
Industry
UK builders chase $331 mln unpaid Dubai bills
Nov 23, 2009 at 16:27
Developers mostly in Dubai face huge outstanding, possibly in excess of 50 pct, UK business group says.
Gulf Air to cut staff, may sell planes
Gulf growth outlook brightens -poll
Iran dumps dollar for euro, gains $5 bln
UAE economy 'humming again', prospects bright
Abu Dhabi airport passenger traffic stutters
Discussion Forum
LATEST
7 DAYS
1 MONTH
Saudi Telecom in spat over free call offer
11/24/2009 12:45:53 PM
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 11:29:21 AM
2
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You didn't give the whole story-just last week-GO (Etihad Atheeb Telecom Consortium) launched fixed line voice services as the second fixed line operator in KSA. STC is feeling the heat and...
MORE
Emirates NBD replaces board member Al Futtaim
11/24/2009 8:28:25 AM
2
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High time boards in the region took action against lazy and irresponsible directors who collect board seats like trophies for the inside information they can glean from the position. Many...
MORE
UAE economy 'humming again', prospects bright
11/20/2009 2:14:00 PM
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Very True, these Arabs must come out of their air filled illusions like Dubai's economy, and realize the fact that Dubai still has not touched the bottom, nor UAE ever had a stable econmy it...
MORE
Emirates NBD replaces board member Al Futtaim
11/22/2009 5:51:23 PM
2
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High time boards in the region took action against lazy and irresponsible directors who collect board seats like trophies for the inside information they can glean from the position. Many...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 4:20:29 AM
2
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
Passport confiscation rampant in UAE
Nov 03, 2009 at 01:17
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Mr. Observer, Unfortunately, your hopes that the govt looking into this issue is like hoping for snow to fall in Dubai in July. It just would not happen simply because the people that...
MORE
Dubai's ruler tells doubters to 'shut up'
Nov 09, 2009 at 12:26
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Right on the dot Stephen... Only the buildings are modern but everything underlying it is primitive... Plus all the perpetual spin about things being gung ho while lives are...
MORE
Saudi king waives lashes for female journo
Oct 26, 2009 at 16:42
11
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There certainly should be limitations to freedom of speech. But why are we attacking the US like it's such an imperfect place and everyone who lives there are idiots? I know a lot of...
MORE
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