Archives

Gulf markets hunker down as threat of military action against Syria becomes imminent

Many Gulf markets registered losses as the region prepares for the possible military action to punish the Syrian chemical attack on civilians.


Verizon and Vodafone's boards to study buyout proposal

The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.

Anti-corruption drive nets another senior Chinese official

President Xi Jinping's anti-corruption drive tries another senior official of graft. The Chinese government's investigation on corruption has now turned to the head of its state assets regulator in what has been called 'serious discipline violations'.

Warba Bank shares now allowed for trading in the stock market

After a three year prohibition on share trading, Warba Bank shares are now available for trading in the stock market.


Latest News

Survey indicates a drop in US consumer sentiment after a six month high. After a six year high, consumer sentiment in the United States fell in August despite being upbeat in their outlook in the early part of the month.
The secondary market for earlier smartphone models is growing at an exponential rate. In an announcement last Friday, Apple Inc had launched a trade-in program in its US retail stores for earlier models of its iconic iPhone.
Ironridge Global Partners LLC establishes China fund to invest in Chinese midcap companies or US firms doing business in China.
To better achieve business goals for their partners, the InfoTrust Group utilizes the goodwill and leverage the Flatirons Solutions name provides.
Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).
The Federal Reserve Bank of India said that it would not convert idle gold into bullion. India's central bank said it does not plan to convert the country's idle gold to bullion.
Moody's the ratings agency said that the Islamic banking sector of Oman would grow between six and eight percent in the next five years.
An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.
Investment One Financial Services Ltd purchased the Nigeria International Growth Fund for an undisclosed amount.
The Japanese government got the approval of a special panel to raise the national sales tax by 2014.