Bank Audi, Lebanon’s largest bank in terms of assets and deposits, saw its net profits in the first quarter of 2015 surge by 17 percent to $100 million, 52...
Saudi Arabian stocks rose the most in more than two months after the kingdom said foreigners will be able to access its stock market directly from mid-June...
Investors are no closer to understanding how the opening of Saudi Arabia’s stock market will work than they were in August, when the country published draft...
Telecommunications Minister Boutros Harb is seeking to speed up the creation of Liban Telecom in a bid to liberalize the sector, insiders said Tuesday.
Most Gulf markets rose alongside oil Thursday but fresh weakness in the commodity late in the day dampened sentiment in Saudi Arabia. Egyptian investors...
The Capital Market Authority will issue licenses for the launch of online stock and currency trading, Central Bank Governor Riad Salameh said Wednesday.
Most Middle East stock markets fell Thursday after Saudi Arabia and its allies in the region launched airstrikes against Yemen’s Houthi militia, but they came...
A rebound by Dubai builder Arabtec lifted the mood of investors in United Arab Emirates stock markets Monday, while other bourses in the Middle East moved...
Gulf stock markets rebounded Thursday after a dovish statement from the U.S. Federal Reserve lifted oil prices and sparked a rally in global equities, but...
Gulf stock markets fell in panic sell-offs Wednesday after U.S. crude futures dropped to a fresh six-year low and Brent oil also retreated.
Dubai’s stock market may stay subdued for months as corporate profit growth slows and investors’ attention and money shifts to Saudi Arabia, which is about to...
After four years of political turmoil, Egypt is staking its economic revival on an investment summit in Sharm el-Sheikh it hopes will burnish its image and...
Saudi Arabia’s second-biggest phone operator is bearing the brunt of a cleanup by the market regulator before the bourse is opened to foreigners for the first...
The chairman of Saudi Arabia's Etihad Etisalat (Mobily) has resigned with immediate effect, the kingdom's No.2 telecommunications operator said on Tuesday.
Gulf equity markets were mostly soft Monday after oil prices pulled back again, while Egypt rose on a fresh sign of foreign investor interest as foreign...
Gulf equity markets were narrowly mixed Sunday after oil prices stabilized, with low trading volumes indicating that investors remained cautious.
Gulf stock markets pulled back slightly Tuesday after oil prices slipped and Standard and Poor’s cut credit ratings and outlooks for several countries in the...
The Saudi riyal has moved back to very near its peg against the U.S. dollar in the spot market after a recovery in local equity prices reduced fund outflows,...
Stock markets in Saudi Arabia and Dubai pulled back Wednesday as oil prices fell after strong gains earlier in the week, while technicals and dividend bets...
Varoufakis, on a whistlestop tour to drum up support for debt relief, says talks at the European Central Bank had been "fruitful" and encouraging.