Middle East funds still bullish on equities – survey
Dubai's market, rebounding from the bursting of a real estate bubble in 2008-2010, is up 80% so far this year, while Kuwait is up 33% and Saudi Arabia has gained…
OPEC oil output hits 2-year low in October
OPEC's supply averages 29.90 million barrels per day, down from a revised 30.01 million bpd in September
Property tax amendments to lessen economic burden on investors: Government official
Amendments to property taxes receive approval from cabinet, awaiting presidential approval
IDB to launch $10bn Islamic bond program in Dubai
It would be the Jeddah-based IDB's third sukuk program - it already issues Islamic bonds in London and Kuala Lumpur - and its first in a Middle Eastern country.
Twitter set to make a splash on Wall Street
The company will trade under the "TWTR" symbol on the New York Stock Exchange, breaking from the Nasdaq market used by a large number of tech companies.
Interest rates remain fixed as inflation rises: analysts
Central Bank decision to maintain interest rate was expected by analysts in order to curb inflation and save the deposits of family sector in banks
Alexandria detainees forced to take pregnancy test: Haitham Abu Khalil
Abu Khalil claims violent treatment with the detainees, MOI official denies.
Gulf banks in expansion push as recovery kicks in
A slowdown in regional banking activity, coupled with large restructurings of state-owned entities, stymied profits around the turn of the decade as banks set aside billions of dollars to meet…
1300 dead in Egypt since Morsi’s ouster: HRW
Organisation accuses security forces of unjustifiably using lethal force during 6 October clashes; Ministry of Interior denies
Al-Bernameg suspension draws widespread criticism
“We have informed the board of directors and the president of the board of directors, stressing that we as part of the media are committed to working in a climate…
