Recent Posts

Gulf stocks follow emerging markets higher after oil rebound

  Bloomberg Stocks in Dubai and Qatar led gains in Gulf stocks, tracking emerging market increases as Brent crude prices recovered. The DFM General Index climbed for a second day, adding 1.1 percent at the close. Doha’s QE Index advanced 1 percent as all but two of its members rose. The Bloomberg GCC 200 Index, a gauge of the largest ...

Read More »

Saudi petchem margins benefit from oil, but not for long

  DUBAI / Reuters Second-quarter earnings in Saudi Arabia’s petrochemical industry beat expectations as producers reaped the benefits of volatile oil prices, but companies look unlikely to be as lucky in the second half of this year. Combined net profits of the kingdom’s 14 listed petrochemical firms, announced over the past couple of weeks, fell by a fifth from a ...

Read More »

Emaar unveils homes next to Dubai Opera in Downtown Dubai

  Dubai / Emirates Business Live next door to the most culturally vibrant destination in the city with Emaar Properties on Sunday unveiling an exclusive collection of residences located adjacent to the stately Dubai Opera, the iconic centerpiece of The Opera District in Downtown Dubai. The all-new ‘Act One | Act Two’ residences are seated in exceptionally designed 52- and ...

Read More »
Send this to a friend