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US crude little changed after stock build in APIS

NYMEX crude for July delivery traded at $84.24 a barrel, up 26 cents, by 4:36 p.m. EDT (2036 GMT). Before release of the data from the American Petroleum Institute, it was trading at $84.25.

June 6, 2012 11:57
 
Should you go for gold?

Should you go for gold?

Demand for gold has increased tenfold in the last decade while the dollar continues to drop as it floods the market. Will this mean a return to the Gold Standard?

March 27, 2012 4:25
 
Investors hope UAE Q1 earnings justify stock rally

Investors hope UAE Q1 earnings justify stock rally

As the first quarter of the year draws to a close, investors are looking ahead to the announcement of corporate earnings for the period. In the United Arab Emirates, they are seeking justification for the sharp rally in local stocks over recent weeks.

March 24, 2012 4:06
 
Futures decline on global economy concerns

Futures decline on global economy concerns

US stock index futures fell on Monday after data showed Europe's private sector activity declined last month and China cut its growth target, reigniting concerns about the strength of the global economy.

March 6, 2012 10:55
 

Zain Iraq prepares for IPO-newspaper

Kuwait telco giant Zain's Iraqi unit prepares to launch IPO expected to value at $80 million, according to an unnamed source.

June 19, 2011 10:12
 
A big bluff? UAE’s Dana Gas considers London move

A big bluff? UAE’s Dana Gas considers London move

The GCC’s only listed natural gas company has seen its stock decline 14.8 percent and its CEO says it’s because they’re misunderstood

April 20, 2011 10:39
 

ADCB hires Goldman Sachs to sell stake in Malaysian bank

Sale may draw Chinese and other Asian banks-sources; Abu Dhabi Bank may appoint a second adviser - sources; Abu Dhabi Bank bought the stake in 2008

March 26, 2011 4:13
 

Dubai sees biggest gain in 15 months, markets up

Dubai's index makes its largest gain in 15 months with the benchmark climbing 4.3 per cent to 1,513 points, trimming its 2011 losses to 7.2 percent.

March 13, 2011 3:08
 

UAE stocks significantly undervalued

New survey says that investors believe stocks on Dubai and Abu Dhabi exchanges are undervalued.

June 15, 2010 3:42
 
All together now

All together now

Global markets have been brought to their knees. It’s time for the GCC pull its resources together. If not now, when?

October 21, 2008 10:03