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China economy slows for 7th quarterChina's economy slowed for a seventh straight quarter in July-September, missing the government's target for the first time since the depths of the global financial crisis, but other data released on Thursday pointed to More… |
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Saudi rebounds; not affected by Nayef deathSaudi Arabia's index roses in early trade, recovering the previous day's losses, with the death of the kingdom's crown prince no longer affecting the market. The benchmark climbed 0.3 per cent to hit 6,745 points. It fell 0.3 More… |
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Dubai rebounds, most Gulf markets upDubai's index rose for a third session in four on Tuesday as upbeat global markets buoyed sentiment, but late selling wiped out much of its intraday gains, with short-term retail traders dominant and seeking a quick profit. Most Middl More… |
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Saudi index rebounds from 3-week lowSaudi Arabia's shares rebounded from Monday's three-week low, mirroring gains in world stocks, on a report that Italy may get financial support from China to avoid a default but worries persist on euro-zone debt crisis. Investors w More… |
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Saudi rebounds on valuations; caution on oilSaudi's shares rebounded on Monday as investors picked up stocks on attractive valuations after two-sessions of losses that dragged the index to a 23-week low, but global concerns still weighed on sentiment. Banking stocks edged higher More… |
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Oil rebounds after slide on IEA stocks releaseOil bounced back more than a dollar on Friday after slumping in the previous session on news the world's top consumers released emergency oil reserves for only the third time ever. Brent crude rose $1.10 to $108.36 a barrel by 0008 GMT aft More… |
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Kuwait economy set to rebound this yearKuwait's economy is expected to rebound this year, helped by higher oil prices and government spending plans, data released by the central bank showed. However the second-quarter data released by the bank pointed to sluggish dome More… |
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Mideast investment banking 'rebounds in Q1'The investment banking in the Middle East experienced a rebound in activity in the first quarter, indicating a return to confidence in the market, according to an analysis by Thomson Reuters. The mergers and acquisitions (M&A) volumes More… |
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Saudi inflation rebounds from 28-month lowSaudi Arabia's annual inflation climbed to 4 per cent last month from October's 28-month low on rising home rents and import costs, nearing the government's full year forecast, official data showed on Tuesday. The global financ More… |
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Dubai economy to rebound 2 pct in 2010The economy of Dubai is expected to grow 2-3 per cent in 2010 after contracting about two per cent this year due to slowing real estate and construction sectors, a senior government official was quoted as saying on Friday. Sami Al-Qam More… |
