Business Blog

Bahrain's Diyar Al Muharraq signs $366 mln Islamic financing

Bahrain-based real estate developer Diyar Al Muharraq said that it had secured $366 million in Islamic financing from four banks.

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Kuwait bourse to introduce new stock swing limit

Kuwait's stock exchange will introduce a limit of 20 percent for the maximum daily rise or fall of individual stocks by Nov.

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Algeria plans bank privatisations as oil money dries up

Algeria plans to allow its dominant state banks to list on the local stock exchange.

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Union National Bank, Ducab Islamic loan

Union National Bank (UNB) visited Ducab senior management and facilities to review progress on the AED350 million loaned to Ducab group.

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Saudi bank shares may get boost from central bank action

A rebound in crude prices may help lift oil-sensitive shares in the Gulf on Monday

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Factors to watch for Mideast stocks on Sept 26

Here are some factors that may affect Middle East stock markets on Monday.

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