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| Salameh expects Lebanon’s debt to GDP to fall in 2010 |
| [Jan 06,2010] | Source: The Daily Star |
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 BEIRUT: Central Bank governor Riad Salameh said Tuesday he expects Lebanon’s public debt to GDP to fall further in 2010 thanks to the continued drop in interest rates and growth in the size of the economy. He added that the debt to GDP ratio fell to 153 percent in June 2009 from 188 percent at the end of 2006. Lebanon’s public debt now stands at more than .5 billion and is expected to reach more than ... [full story] |
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| Oman’s Trade Surplus Down 32 Per Cent in 2009 to $11.43b |
| [Jan 06,2010] | Source: Khaleej Times |
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 MUSCAT — Oman’s foreign trade surplus fell 32 per cent to 4.4 billion rials ($11.43 billion) in 2009 compared to a year earlier due to a fall in oil and gas exports, the Gulf country’s economy minister said on Tuesday. The global economic crisis slashed oil output in Gulf Arab oil producing nations, trimming growth rates of the region’s key players, like Saudi Arabia and United Arab Emirates. Much smaller Oman was less hit because ... [full story] |
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| ADX at 3-week High; DFM Flat |
| [Jan 06,2010] | Source: Khaleej Times |
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 DUBAI — Abu Dhabi’s index reached a three-week high as volumes more than tripled from the day before, while profit-taking in Emaar Properties wiped out Dubai Financial Market’s early gains. ... [full story] |
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| Total Economic Volume of GCC Monetary Council Estimated at $751b: SAMA Governor |
| [Jan 06,2010] | Source: Khaleej Times |
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.jpg) JEDDAH — The total economic volume of the four-member Gulf Cooperation Council (GCC) Monetary Council is estimated at about $751 billion, according to Muhammad Al Jasser, governor of the Saudi Arabian Monetary Agency. The Arabic business daily Al Eqtesadiyyah quoted Al Jasser as saying that the monetary council would strengthen the GCC economies and boost their economic and commercial relations. He said the monetary policies of the four GCC countries are identical with their currencies pegged ... [full story] |
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| Waha Capital Closes Dh6.7b Military Deal |
| [Jan 06,2010] | Source: Khaleej Times |
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 ABU DHABI — Abu Dhabi-listed Waha Capital PJSC has finalised a financing deal worth Dh6.7 billion for the UAE Armed Forces that will facilitate the purchase of nine Airbus and Boeing military transport aircraft. In the first stage of this mega deal, to be followed by more announcements in the future, eight European and North American banks have sanctioned Dh6.7 billion, in a first of its kind financing arrangement to facilitate the UAE Armed Forces’ ... [full story] |
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GCC stock markets, Tadawul, Arab stock markets, Gulf stock Markets, Arab capital markets, Middle east stock markets, saudi stock market,Tadawul stock market, saudi stock exchange, dubai stock market, Tadawul exchange, dubai stock exchange, Abu dhabi stock market, Kuwait stock market, oman stock market, saudi stock exchange , uae stock market, Arab capital markets, GCC financial markets, Islamic stock markets, Gulf stock markets updates.
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