Saudi closes high on banking stocksSaudi shares closed slightly up, recouping losses sustained during early trading to gain 0.20 per cent by the end of the session, led by banking stocks. Saudi share prices are often influenced b More… |
UAE markets to close on Nov 15UAE's Securities and Commodities Authority (SCA) has announced that the financial markets nationwide will close on Thursday (November 15) to mark the Islamic New Year. The markets will More… |
No plans to close Hormuz, says IranIran has no plan to close the vital shipping lanes of the Strait of Hormuz, Defence Minister Brigadier General Ahmad Vahidi was cited as saying by state-run Press TV. Iranian officials have repeatedly threatened to close the strai More… |
Business booms as Gitex draws to a closeBusiness was booming at Gitex Technology Week 2012, on the closing day with the event attracting overwhelming crowds, showcasing eye-catching launches, sparking influential debate and facilitating a host of business connections on Thursday. More… |
Gitex to end on a high noteA total of 1,000 launches will have taken place when the 32nd edition of Gitex, one of the world’s leading information and communications technology (ICT) gatherings, closes tomorrow (October 18), said the organisers. More… |
Siemens CEO plans job cuts, office closuresGermany's Siemens may outline job cuts and office closures to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis. Chief Executive Peter Loescher's strategy of b More… |
Saudi stocks close flat after early riseSaudi shares closed flat on Saturday after rising slightly in early trade. The all-share closed at 6,663 points, while the banking sector added 0.5 per cent at 15,219 points. Heavyweight Al Rajhi Bank gained 1.4 per cent while petrochemica More… |
Saudi ends above key 7,000 markSaudi Arabia closed above a key psychological level as buyers returned to the market in search of bargains after a euro zone-induced sell-off earlier in the week. The Saudi index rose 0.7 percent to 7,029 points, its biggest one-day gain s More… |
Kuwait bourse closes for National DayKuwait's stock exchange will be closed on Sunday and Monday for the National Day and Liberation Day holidays, a bourse statement said on Thursday. Trading will resume on Tuesday, February 28.-Reuters More… |
Leoni denies plans to close Tunisia unitLeoni, a leading provider of cables and cable systems to the automotive sector and other industries, said it has no plans to close its Tunisian plant in Mateur North. Denying media reports of unit closure, Leoni stated that the produc More… |








