MIDEAST MORNING BRIEFING: Gulf Mkts Seen Rangebound; Kuwait in Focus (05/21/2013) DUBAI (Zawya Dow Jones)--Stock markets in the Persian Gulf ... Doha Bank has earmarked $1.5 billion of lending for the United Arab Emirates as it shores up its capital and makes a renewed lending push across the region, the Qatari bank's chief executive ...
Kerry Mideast Talks on Syria to Include Russian Call for Involving Iran (05/21/2013) STATE DEPARTMENT — U.S. Secretary of State John Kerry is in the Middle East this week for talks to promote an international peace conference on Syria. Russia wants Iran to be part of the process. In this fight for control of Syria, Iran is one of the ...
Mideast’s 1st online court case registration launched (05/21/2013) Owing to its successful testing, the programme will become mandatory from June 1st, so that all cases presented to the Dubai ... entitled ‘Sure’, where volunteering lawyers can offer free legal consultations to litigants. This policy is aimed at ...
MIDEAST STOCKS-Saudi up for fifth session; regional mkts mixed (05/21/2013) "Valuations have been re-rated and are now at par with other regional markets. Going forward, there are a few factors that will add to the positive sentiment." Dubai has bid to host Expo 2020, which if successful could trigger further market ...
MidEast e-commerce growth fastest in world, says Visa (05/20/2013) The Middle East and North Africa is the fastest growing region in the world for e-commerce, according to a new report by payment solutions provider Visa Incorporated. Based on 2012 data, this study reveals that the MENA region saw an estimated ...
Kerry Heads to Mideast to Push Peace From Syria to Israel (05/20/2013) White House officials have cited the dangers of deeper involvement ... said in a briefing in Washington yesterday. In his meeting today with the sultan of Oman, Kerry will also discuss neighboring Iran, with which Oman maintains good relations.
MIDEAST STOCKS-Kuwait extends rally; UAE mkts slip off multi-yr highs (05/20/2013) Kuwait's index rose 1.3 percent to hit a fresh 46-month high ... it would not be paying a dividend for 2012 as it looks to fund business growth. The stock fell 6.3 percent. The kingdom's benchmark climbed 0.1 percent, up for a fourth-straight ...
Kerry to Mideast to Advance Struggling Syria Plan (05/19/2013) Secretary of State John Kerry is headed back to the Middle East to press his case for peace talks between Syrian rebels and President Bashar Assad's regime amid increasing signs the new U.S. strategy to halt the war is being undermined by Russia.
MIDEAST STOCKS-Regional mkts rally as global gains trigger renewed buying (05/19/2013) In Saudi Arabia, the index climbed 1 percent, extending gains to hit a one ... the trend seems to have broken as chasing gains takes the lead. "Bears and short-sellers have no choice but to stay on the sidelines for the time being although ...