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Dubai outperforms in weak Gulf markets; Egypt climbs

  DUBAI / Reuters Most Gulf stock markets were weak on Wednesday as another slide in Doha Bank pulled down Qatar, but Dubai rose on the back of gains in a few stocks. The Dubai index climbed 0.8 percent, bouncing from a 10-week low, although gaining stocks only marginally outnumbered losers by 15 to 14. The index has closed lower ...

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Treasuries tumble with gold as dollar advances

  Bloomberg US Treasuries headed for the longest losing streak in five years and the dollar rose as a private reading on US payrolls exceeded expectations, fueling bets the Federal Reserve will lift borrowing costs next week. US stocks fluctuated after a two-day slide. The yield on 10-year U.S. notes climbed for an eighth day to reach 2.56 percent after ...

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Amlak Finance achieves AED107 million net profit

  Sharjah / WAM Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, on Wednesday announced its Full Year Financial Results for the year ended December 31, 2016. Amlak reported net profits of AED 107 million at the end of December 2016, a decrease of 20% compared to AED 135 million in 2015. The company’s total revenues, ...

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