Our Network

Register for our free newsletter

 
 
Latest News
Rotation Emaar

Saudi drops to 3-week low; Emaar lifts Dubai

Shares in Zain Saudi slumped to a record low on Monday amid a slow initial take-up of its rights issue, while Saudi Arabia's index fell to a near three-week low. But Emaar Properties lifted Dubai's bourse.

July 17, 2012 10:17
 
Traders

Markets lackluster as summer lull deepens

Gulf Arab bourses are likely to remain lacklustre on Monday as a summer trading lull, regional political tensions and sustained volatility on global equity and oil markets make investors wary of raising their risk exposure.

July 16, 2012 11:55
 
200-mobily

Saudi’s Mobily says second quarter net profit up 22 percent

The firm, an affiliate of the United Arab Emirates' Etisalat , said it made a net profit of 1.421 billion riyals ($379 million) in the three months to June 30, up from 1.164 billion riyals in the year-earlier period.

July 16, 2012 11:00
 
Dar-al-Arkan

Dar al-Arkan to repay all sukuk by end-2015

Dar to repay further 2.4 bln riyals debt by 2015; Does not plan to issue new sukuk this year; Expects at least 10 pct profit growth in Q3, Q4; Aims for over 10 pct growth in 2013; No impact from mortgage law this year

July 15, 2012 5:06
 
...10...1516171819...304050...