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GCC Stock Markets to Witness More Volatility Due to US-Iran Tensions
January 6th, 2020 - 07:19 GMT

GCC Stock Markets to Witness More Volatility Due to US-Iran Tensions

Stock markets in the UAE and the Gulf took a major hit on Sunday, owing to US-Iran tensions after the killing of an Iranian general on Friday morning. Analysts expect that short-term volatility will continue in the coming weeks until the tensions ease in the region. Hence, investors should take a cautious approach and opt for stocks that have dividend-paying capacity. The Kuwait and Dubai indices lost the most on ...
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DFM General Index jumped 0.74 per cent to 2,781 points, helped nearly 15 per cent gains in stock prices of Agility and Amlak Finance.
October 7th, 2019 - 08:37 GMT

Most GCC Stock Markets Open the Week on Positive Note

A gain of more than 1 percent in Industries Qatar and Qatar National Bank lifted Qatari stocks by 0.8 percent in early trade. Stocks in oil producing countries are showing strong momentum with oil prices at a four-year high, as US sanctions on Tehran squeezed Iranian crude exports. (Shutterstock)
October 1st, 2018 - 05:00 GMT

Strong Oil Prices Boost GCC Stocks, Led by Qatar and Saudi

British expats topped the list with eight executive leaders. (Shutterstock)
August 14th, 2018 - 09:32 GMT

Meet the 50 Most Influential Expats in UAE

Emirati traders follow the stock market activity at the Dubai Financial Market. (Karim Sahib/ AFP)
June 28th, 2017 - 10:41 GMT

Arabtec Share Price Falls 9 Percent After Recapitalization

The growth was led by an increase in construction, followed by wholesale and retail, and travel and tourism. (Pexels)
May 10th, 2017 - 08:12 GMT

Led by Construction, Dubai’s Private Sector Records Strongest Growth in 26 Months

Investors monitor stocks at Saudi Arabia's National Commercial Bank. (AFP/File)
August 2nd, 2016 - 08:00 GMT

Stock markets improve for Gulf while Egypt weakens

Arabtec's vice-chairman hopes the company's restructuring process will help improve the financial performance. (Ventures On Site)
June 2nd, 2016 - 10:00 GMT

Arabtec dips into reserves to stem losses

Despite the losses, Arabtec's investors seem buoyed by the project pipeline. (Venturesonsite.com)
February 22nd, 2016 - 06:00 GMT

Arabtec posts $626M debt for 2015, but investors keep the faith

Al Bawaba
January 24th, 2016 - 03:00 GMT

Bahrain Air Show rakes in a record $9B in deals

Al Bawaba
December 14th, 2015 - 06:30 GMT

Gulf stocks take a tumble with oil at seven-year low

Al Bawaba
December 10th, 2015 - 01:30 GMT

Egypt to invest $20B to build housing for the poor

Previously, Arabtec said it would build one million homes in Egypt. It is unclear whether the 13,000 homes are included in the project. (Al Bawaba/File)
November 16th, 2015 - 07:24 GMT

Arabtec seeks approval to build 13,000 homes in Egypt

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