| Other Top News |
| Goldman assigns stable ratings to UAE banks |
Goldman Sachs raised its ratings on Abu Dhabi Commercial Bank (ADCB) and Dubai Islamic Bank (DIB), saying UAE banks are adequately capitalised to generate sufficient operating income to absorb elevated loan losses...
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| Aramco, Rowan ink contracts for two US Gulf rigs |
Rowan Cos Inc signed contracts with Saudi Aramco for two of its Gulf of Mexico-based rigs for higher dayrates, on track with its plans to move those rigs overseas, sending its shares up 9 percent...
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| Bank credit drops by KD 18 mln in July - NBK report |
The total bank credit in Kuwait declined by KD 18 million in July following the sizeable slide of KD 253 million in the previous month, said a report on Thursday...
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| Qatar shares rise to three-month high |
Qatar’s benchmark stock index rose to the highest in more than three months, leading gains in the Gulf, as faster-than-estimated growth in US manufacturing supported confidence in global economic growth...
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| Yemen lawmakers draft bourse authority to attract investment |
Lawmakers drafted a bill to start a securities exchange authority in Yemen, hoping to speed up the opening of a bourse and encourage investment despite its sinking economy and severe security risks...
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