Franklin Templeton Investments has cut back its debt holdings in Bahrain, citing the “very serious” threat that the cash-strapped nation will experience an...
Qatar’s banking regulator started a legal investigation into the possible manipulation of its currency, securities and derivatives markets. The central bank...
DUBAI: Dubai stocks were the biggest gainers across Gulf markets after oil – the region’s main source of revenue – capped its best week since 2009. The DFM...
DUBAI: Top Saudi officials and executives are meeting investors in New York to lure overseas cash, less than a week after Congress unblocked legislation...
DUBAI: Saudi Arabian stocks surged the most in seven weeks on relief that the nation’s plan to prepare for a postoil era won’t depend on excessive government...
Authorities in the United Arab Emirates have made progress toward setting up a federal tax system to bolster government revenue.The Finance Ministry said it...
With the threat of militant attacks spreading across the Middle East still hanging in the air, a drop in the price of oil after Greek bailout talks collapsed...
The second-biggest telecommunications provider in the Middle East soared the most in 10 years after the United Arab Emirates said it would lift a ban on...
Saudi Arabia opened one of the world’s most-restricted stock markets to foreigners for the first time Monday. The move comes as the biggest economy in the...
DUBAI: Qatari shares nearly erased the biggest drop in two months as investors shrugged off concern the Gulf nation may lose the right to host football’s...
DUBAI: 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...
Dubai stocks extended declines, heading for the first negative quarter in two years, as some investors judged shares too expensive even after the index...
DUBAI: Dubai’s inflation rate climbed to the highest since August 2009, led by a rise in the cost of housing, the biggest component on the consumer price...
Oman’s plan to build a $1 billion natural-gas pipeline from Iran is the latest sign that Saudi Arabia is failing to bind its smaller Gulf neighbors into a...
Iran’s inflation rate fell to a two-year low in February, fulfilling President Hassan Rouhani’s vow to halt rampant increases in the cost of living. Consumer...
DUBAI: Dubai plans to almost double its number of hotel rooms by 2020 as it expects a surge of visitors to the desert sheikhdom ahead of that year’s World...
DUBAI: Dubai, where property prices have surged more than 40 percent this year, will allow landlords to increase rents at a faster pace as economic growth in...
Plans by Gulf countries to crack down on Hezbollah may pose a bigger threat to Lebanon’s fragile public finances than to the Shiite militant group....
Lebanon sold its first 10-year currency debt this week, giving banks access to higher-yielding securities, enabling them to raise deposit rates from the...
Lebanon, whose political stability is threatened by escalating violence in neighboring Syria, sold its first 10-year local currency debt amid growing...
Lebanese bond yields had their biggest monthly jump in more than three years in July as the revolt in neighboring Syria hobbled tourism, the country’s...
Arab Gulf issuers are turning to the Islamic bond market like never before, selling record amounts of debt compared with non-Shariah compliant sellers, as...
Lebanon’s borrowing costs dropped to close to a record low as investors dismiss the effect of Syria’s crisis on banks in the most indebted Arab...
Lebanon’s banks are attracting more deposits and reducing exposure to government debt, Central Bank Governor Riad Salameh said, which benchmark rating...
Ahmed Saeed, a Libyan poultry farmer, says he’s waiting for his country to open Islamic banks to deposit money for the first time. “I’m sure...