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07 April 02:13 PM

Gulf news

10 December 2018 02:18 PM Warba Bank’s rights issue fully subscribed
 Warba Bank announced that the subscription for its capital was fully covered.
Global Indices
10 December 2018 02:09 PM Wyndham to open three new hotels in Dubai
Wyndham Hotels is looking to boost its footprint in Dubai by opening three new hotels in Deira Waterfront Development by Ithra Dubai.
Global Markets brief
10 December 2018 02:03 PM 6 sector drag down QSE Monday
The telecommunication sector topped the losers falling 1.06%
Global Markets brief
10 December 2018 02:01 PM ENOC to launch 45 new service stations in Saudi Arabia
The move comes along with the Ministry of Municipal and Rural Affairs’ plan to construct up to 1,200 petrol stations
Oil and Energy
10 December 2018 02:00 PM UAE’s MoF to launch integrated payment system by 2020
The new payment system will contribute to protecting the country's financial system
Currencies
10 December 2018 01:38 PM UK construction activity slows down in October
The UK construction sector output declined in October after a solid growth in September, but expanded over the three-month period ended the month.
Global Markets brief
10 December 2018 01:11 PM UK industrial output grows 0.3% in 3M
UK industrial production growth rose 0.3% in the three months ended October, compared with the three months ended July, whereas output dipped month-on-month.
Global Reports
10 December 2018 00:57 PM Saudi crown prince to launch SAR 6bn SPARK Monday
Saudi crown prince to launch SAR 6bn SPARK Monday
Global Reports
10 December 2018 00:46 PM UK economy grows 0.4% in 3M
UK GDP grew 0.4% over the three-month period ended October, slightly slower than the three months ended September.
Global Reports
10 December 2018 00:23 PM Esharaq Properties repurchases 1m shares
The real estate firm repurchased the share at AED 0.49 through ADIB Securities
Global Reports
10 December 2018 00:18 PM German trade surplus shrinks in October
Germany's trade surplus shrank in October, as imports grew faster than exports on which feuds between the US and both China and the EU weighed.
Global Markets brief
10 December 2018 11:49 AM UAE to host 40th GCC Summit
The Supreme Council of GCC nations welcomes the UAE’s hosting of the coming summit
Global Markets brief
10 December 2018 11:47 AM Shuaa Capital owns 182m shares in Wahat Al Zaweya
Shuaa also confirms that it holds no exposure in WAZ on its balance sheet.
Global Reports
10 December 2018 11:45 AM Agility to invest $329m in digital platform
The platform will help small businesses, entrepreneurs and consumers to manage their logistics business online or via mobile.
Global Reports
10 December 2018 11:34 AM China’s NPIC buys 4% stake in ADNOC’s offshore concession
ADNOC has awarded a 4% stake in its onshore concession to North Petroleum International Company (NPIC).
Oil and Energy
10 December 2018 11:16 AM Brent climbs after producers seal supply cut deal; outlook dims
Brent crude oil prices rose on Monday after OPEC and some allied producers agreed on supply cut on Friday.
Global Reports
10 December 2018 10:42 AM Five factors to set GCC stocks trend this week -Analysis
Oil prices are expected to negatively impact the markets
Global Economy
9 December 2018 06:58 PM Qatar Airways starts 1st flight to Kenya’s Mombasa Sunday
Qatar Airways starts 1st flight to Kenya’s Mombasa Sunday
Global Markets brief
9 December 2018 05:37 PM Qatar’s building permits fall 15% in November – MDPS
The number of issued building permits in Qatar went down by 14.6% month-on-month in November.
Global Markets brief
9 December 2018 05:35 PM GCC fuel prices seesaw on global market conditions – Survey
Fuel prices in the GCC nations witnessed an increase in 2018 compared to a year earlier to be in line with global market prices.
Oil and Energy
9 December 2018 05:00 PM TASI hits 4th straight low, Nomu rises modestly Sunday
TASI hits 4th straight low, Nomu rises modestly Sunday
Global Indices
9 December 2018 04:47 PM Indians invest AED 149bn in Dubai’s properties
About 3,690 investors injected around AED 8.17 billion in 4,414 real estate projects in the GCC emirate in 9M.
Global Markets brief
9 December 2018 04:14 PM Kuwait C.bank asks forex firms to raise capital requirements
Global Reports
9 December 2018 04:12 PM Effect Real Estate losses deepen 237% in Q3
Global Indices
9 December 2018 04:01 PM KFH initiates new banking lounge for tailored programmes
Global Markets brief