Monday 24 July 2017
 
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China's manufacturing sector stays stable

China's manufacturing sector remained stable in May, revealed an official survey. The manufacturing purchasing managers' index (PMI) came in at 51.2 in May, flat with April, according to data from the National Bureau of St

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Dubai residential market to remain stable in H1

The residential market in Dubai continued to soften in 2016, albeit at a slower rate, according to leading real estate industry expert Knight Frank. Sale prices in the mainstream market dropped five per cent in 2016 compared to se

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Nakheel's nine-month profit surges 8pc to $1bn

Nakheel, a leading Dubai-based developer, has registered a net profit of Dh3.91 billion ($1.06 billion) for the first nine months of this year, up 8.3 per cent over the profit of Dh3.61 billion ($982 million) for the same period last year.

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Iran supports $50-60 oil price, stability measures

Iran supports an oil price of $50-60 per barrel and any measure to stabilise the market, state TV quoted the country's oil minister as saying on Tuesday. "Iran wants a stable market and therefore any measure that helps th

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Abu Dhabi residential market remains stable

The residential segment of Abu Dhabi remained relatively stable in terms of demand and supply during the first quarter of 2016, according to a report. Due to a limited new supply that entered the market during the period (only 1,0

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Dubai’s office rents stable in Q1 amid growing demand

Stability in office rents in Dubai’s main markets will persist throughout the first quarter of 2016 as a result of continued high demand from both international and domestic occupiers, according to leading real estate consultancy Cluttons.

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Dubai office market stable after solid growth

Following a period of strong growth, the office property market in Dubai, UAE, is showing signs of stabilising, with average rents remaining virtually unchanged across all the city’s major submarkets and free zones, said a report.

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Moody’s upgrades JAFZ’s rating, outlook ‘stable’

Moody's Investors Service has assigned a Baa3 senior unsecured issuer rating to the Jebel Ali Free Zone (JAFZ).   Concurrently, it has upgraded to Baa3 from Ba1 the rating of JAFZ's $650 million sukuk iss

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SNIC gets credit ratings, outlook boost

Bahrain-based Saudi National Insurance Company (SNIC) has had its insurer financial strength and counterparty credit ratings affirmed as ‘BBB’ and outlook as ‘stable’ by Standard & Poor’s. The age

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Ramadan food prices ‘will be stable’ in Bahrain

Market prices for all basic food items, especially those in high demand during Ramadan will be stable in Bahrain, a top official has asserted. Industry and Commerce Ministry Under-Secretary for trade affairs Nader Almoayyed met wi

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