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December 28, 2014

The KSE was able to compensate some of its previous weeks' losses
12:52 GMT
Kuwait Stock Exchange (KSE) ended last week in the green zone. The Price Index closed at 6,577.81 points, up by 5.58 percent from the week before closing, the Weighted Index increased by 5.95 percent after closing at 441.59 points, whereas the KSX-15 Index closed 1,069.99 points up by 7.19 percen
Saudi Arabia enjoys prosperity despite the global and regional conditions
12:35 GMT
The Council of Saudi Chambers (CSC) and the UNDP (UN Development Program) recently discussed the Saudi private sector’s vision for 2015 as part of the Millennium Development Goals.
A unit of the new high-speed train is loaded onto a freighter in Barcelona on December 12, 2014, bound for Jeddah City in Saudi Arabia
08:20 GMT
Saudi Arabia has given a "final warning" to avoid delays on an $8.2 billion high-speed rail project which Spanish and Saudi firms are helping to build.
Marka may attract interest after announcing it had agreed to acquire sporting goods retail chain Retailcorp from a subsidiary of Dubai World in a deal valued above Dh 220 million.
08:00 GMT
Marka may attract interest after announcing it had agreed to acquire sporting goods retail chain Retailcorp from a subsidiary of Dubai World in a deal valued above Dh 220 million.
Rising trade value shows that Dubai will cross the 2013 reported trade figures of Dh1.3 trillion in 2014
04:54 GMT
Dubai’s non-oil foreign trade witnessed steady growth during the first nine months of 2014 with nearly Dh1 trillion mark and set to cross last year’s trade value by the end of 2014, according to the data released by Dubai Customs on Saturday.

December 25, 2014

Over the last 12 months, investor and developer sentiment about Dubai’s property market has swung from extreme exuberance to one displaying a more measured outlook.
03:55 GMT
When it comes Dubai’s property market, euphoria may not necessarily be a good thing.

December 24, 2014

A third of Qatari Internet users will harness WhatsApp to find out the latest news, compared to 21% of online expats.
13:26 GMT
For the first time, a study of Internet users in Qatar has explored the usage of emerging social media channels, alongside more established networks.
Youth unemployment surges across the Middle East. (Image: courtesy of Al Arabiya)
12:17 GMT
According to a recent report by the International Labor Organization, “World of Work Report 2014: Developing with Jobs,” there is a global job crisis, and the crisis is especially acute among the youth.
It's all doom and gloom for the Gulfi dream as the GCC are bracing for tough times with vital oil revenues falling rapidly. (Image: Gulf man expreses grief via Shutterstock)
10:38 GMT
Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.
During the first 10 months of this year Jordan exported 822,000 tonnes of fruit and vegetables
06:02 GMT
The country’s fruit and vegetable exports during this year increased by 7 per cent, while its sheep exports increased by 15 per cent compared to last year.

December 23, 2014

The new Etihad A380
14:04 GMT
The maiden flight of Etihad Airways' long-awaited Airbus A380 superjumbo will take place next week, the Abu Dhabi carrier said Thursday, also announcing its first Boeing 787 Dreamliner route.
The white taxi of Egypt
10:41 GMT
Alex Bank promised to exempt white taxi owners from repaying interest rates that were supposed to be paid for three installments that go back to 2011
Saudi Airlines (Saudia)
09:01 GMT
Saudi Arabian Airlines (Saudia) received another Boeing 777-300ER, a state-of-the-art aircraft with advanced facilities, on Monday.
FREG turns up the heat on grey transactions
07:31 GMT
UAE’s Foreign Exchange and Remittance Group (FERG) has turned up the heat on money laundering and frauds at its recent anti money laundering (AML) and combating terrorist financing (CTF) conference in Dubai.
Dubai Financial Market
06:55 GMT
The Dubai index extended gains for a third session on Monday as investors raised bullish bets triggered by recovering crude oil. The Abu Dhabi index, however, ended lower.