August 6, 2012
Giovanni Cernogoraz of Croatia won the Olympic gold medal Monday in men's trap shooting.
The stock markets in the Gulf Cooperation Council (GCC) rose in July, gaining 0.41 per cent after a decrease of 2.91 per cent in June, according to Kuwait Financial Centre's (Markaz) latest update on regional markets.
August 2, 2012
A proposal to turn the Gulf Cooperation Council (GCC) into a Gulf union will be reviewed by the alliance foreign ministers in September.
July 31, 2012
Dubai real estate developer Emaar Properties rallied to its highest level since April 2011 yesterday, lifted by forecast-beating second-quarter earnings, but trading across the rest of the Gulf region was more mixed.
July 26, 2012
Dubai Gulf Arab markets dipped into negative territory on low volumes yesterday as investors, focussed on the Muslim holy month of Ramadan and avoiding the region's searing summer heat.
July 25, 2012
Projects are already underway for a customs union and perhaps even a single currency.
July 24, 2012
Saudi Arabia, the biggest Arab economy, is leading moves towards political and economic cooperation Projects already underway or under study include a customs union, a joint value-added tax and even the introduction of single currency.
July 19, 2012
Airlines operating across the Gulf region have slashed fares to several destinations across Europe, Asia and Middle East during the Holy Month of Ramadan, with a view to attracting travellers.
July 16, 2012
The GCC countries' economy constitutes the equivalent of two per cent of the world's gross domestic product (GDP), according to Al Ahli Bank's economist Dr Saeed Al Shaikh.
The Bahrain All-Share Index yesterday closed at 1,112.60 points, marking a decrease of 1.29 points below its previous closing.
July 12, 2012
Kuwait Financial Centre 'Markaz' said in its recent report, titled 'GCC Research Statistics' that equity markets witnessed almost the same level of attention in the first half of 2012, compared to the previous half.
July 10, 2012
Legendary Kuwaiti actress Suad Abdullah will return to the scene this Ramadan season with her new television drama “Khawat Dunia” (Worldly Sisters), which follows around the lives of a group woman who remain very close friends even though they all have different nationalities.
July 5, 2012
The emir of Kuwait, Sheikh Sabah al Ahmad al Sabah, asked outgoing Prime Minister Sheikh Jaber al Mubarak al-Sabah to form a new government
July 2, 2012
Kuwait's highly dependent on oil economy could do wit new avenues or props for support - and one of those investment destinations is Malaysia.
June 14, 2012
The Kuwait-based Arab Fund for Economic and Social Development on Wednesday expressed interest in investing in the Kingdom’s alternative energy projects.