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BREAKING NEWS | Iran seeks guarantees to ship nuke fuel
EUR | GBP Up 1.110 ,  USD | EUR Up 0.670 ,  USD | GBP Up 0.604
Conglomerates
Emirates NBD faces $350 mln Saudi exposure
Nov 23, 2009 at 08:03
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UAE banks' Saudi exposure at $2.9 bln
Nov 19, 2009 at 08:50
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Banks to take provisions on exposure to Saad and Gosaibi groups, more provisions required in 2010 - cbank.
  Saad Saga
Saudi debts will not hit bank ratings -S&P
Nov 18, 2009 at 13:03
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S&P says debt woes Saad and Gosaibi will not to trigger credit rating downgrades on Kingdom's banks.
  Saad Saga
Essar to buy Dhabi's African telecom assets
Nov 16, 2009 at 09:19
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Indian group to purchase majority stake in UAE firm's units, Warid Telecom Uganda, Warid Telecom Congo.
UAE warns banks on Saudi debt provision
Nov 16, 2009 at 09:10
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Cbank insists banks to take provisions worth half of exposure to troubled Saudi firms by year-end -paper.
  Saad Saga
Saad unit fails to meet sukuk payments
Nov 15, 2009 at 14:41
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Golden Belt 1 Sukuk Company unable to meet payment obligations as scheduled on $650 mln sukuk due in 2012.
  Saad Saga
Abu Dhabi freezes Saad Group's UAE assets
Nov 12, 2009 at 16:36
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Emirate's court issues provisional attachment order of $151 mln on accounts, assets of two Saad Group firms.
  Saad Saga
Sanea cash pile discovered in Cayman Islands
Nov 08, 2009 at 09:58
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Accountants report shows Saad's Cayman Islands holding company has more than $6.2 bln in assets -paper.
  Saad Saga
Mashreq sees 'signs' of Gosaibi settlement
Nov 03, 2009 at 07:50
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Dubai-based lender's CEO says troubled Saudi conglomerate might be willing to offer settlements and offers.
Mashreq provisions for exposure adequate -CEO
Nov 03, 2009 at 00:05
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UAE lender takes 50 pct for provisions against exposure to two indebted Saudi conglomerates, Ghurair says.
  Saad Saga | Kuwait Financial Forum
Sanea ran $10 bln 'Ponzi scheme'
Nov 02, 2009 at 08:02
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Al-Gosaibi accuses owner of rival Saad Group of operating 'one of largest Ponzi schemes in history' -paper.
  Saad Saga
Dubai Holding CEO takes helm at property unit
Nov 01, 2009 at 16:04
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UPDATE 1: Ahmad bin Byat named acting chairman of Dubai Properties as chairman questioned in corruption probe.
  Corruption Crackdown
Banks to raise Q3 provisions -Bahrain cbank
Nov 01, 2009 at 12:14
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Central bank advises lenders to raise third-quarter provisions for Saudi exposure to 75 pct, governor says.
  Saad Saga | Kuwait Financial Forum
Dubai Investments Q3 profits down 56 pct
Nov 01, 2009 at 08:43
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UPDATE 1: Conglomerate sees earnings plunge to $76.25 mln for quarter due to lower income from property sales.
  Q3 Results
Al-Gosaibi denies debt talks with UAE cbank
Oct 27, 2009 at 12:07
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Saudi conglomerate says held meetings with cbank officials, but debt deal with local banks was not in agenda.
  Saad Saga
Al-Gosaibi holds debt talks with UAE cbank
Oct 27, 2009 at 08:18
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Struggling Saudi conglomerate meets with central bank to broker deal over $3 bln owed to local lenders -paper.
  Saad Saga
» ALL NEWS

Sector Stock Watch
Arab Potash 34.05 0.12%
SAFCO 115.00 0.22%
Qatar Industries 117.80 0.86%
Saudi Kayan 18.00 -0.55%

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: Dubai leads losses in pre-Eid trading in Gulf

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UK builders chase $331 mln unpaid Dubai bills
Nov 23, 2009 at 22:27
Developers mostly in Dubai face huge outstanding, possibly in excess of 50 pct, UK business group says.
Discussion Forum
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Saudi Telecom in spat over free call offer
11/24/2009 6:45:53 PM
2 | |
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 5:29:21 PM
2 | |
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 2:28:25 PM
2 | |
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
» ALL COMMENTS
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