Recent

Out of a total of 27 companies traded on the exchange, shares of 18 companies rose, while shares of five companies fell (File photo).
April 27, 2015 - 04:55 GMT
The Dubai index may consolidate in a range with a tough resistance at the keenly-watched 4,200 level.
Riyadh’s hotel market also saw year-to-February occupancy rates remain stable at 64 per cent (File photo).
April 26, 2015 - 21:10 GMT
Saudi Arabia’s hospitality market can expect to witness high levels of new supply over the next three years.
Lebanon continues to be beset by structural bottlenecks such as electricity, water, transportation and telecommunications (File photo).
April 26, 2015 - 16:44 GMT
Policymakers need to urgently address Lebanon’s longstanding and worsening structural bottlenecks
Concerns related to low oil prices, coupled with the more recent concerns over QFII access being delayed, have led to a significant outflow of funds from foreign investors (File photo).
April 26, 2015 - 16:30 GMT
The move holds significant potential for the market’s growth and importance over the coming years, Deloitte said in a study.
low-income buyers have turned to purchasing singles, to save money for other necessities.
April 26, 2015 - 13:29 GMT
The Cairo and Giza Tobacco Traders Association expects a decrease in tax proceeds of EGP 2bn ($262 million) in the current fiscal year’s national budget.
Dubai trails a long way behind at a mere $43 per square foot, just above the last two cities in the table, Kuala Lumpur and Seoul (image: on file).
April 26, 2015 - 13:15 GMT
Dubai skyscrapers have emerged as among the cheapest per square foot in the world for prime office rents.
This included goods and services for Qatar such as aerospace orders, a football club acquisition, sponsorship deals and land and general exposure (image: on file).
April 26, 2015 - 10:21 GMT
The total included legitimate trade deals in the course of lobbying in the run up to the 2010 vote for the tournament.
The Iranian president noted that his administration also managed to increase the budget for the country’s development over the past two years (image: on file).
April 26, 2015 - 05:55 GMT
Iranian President Hassan Rouhani says the country’s dependence on oil revenues will drop to its lowest level ever in the current Iranian year (which began on March 21).
Officials have played down the impact of the phosphate spill in the Nile (image: on file).
April 23, 2015 - 22:24 GMT
Companies in Egypt are racing to meet the rising demand for mineral water in Upper Egypt in the wake of a barge, carrying 500 tonnes of phosphate.
The agreement, which is to involve 60% of local production, is to kick off in Sharm El-Sheikh (image: on file).
April 23, 2015 - 14:14 GMT
A Continental Free Trade agreement between 26 African countries is to be launched from Egypt in June.
The Apple Watch Edition, priced from $10,000, will be available in select retail stores only.
April 23, 2015 - 14:02 GMT
Apple’s first smartwatch will be available in the UAE on Saturday, but from the grey market, for a hefty premium.