UAE, Qatar shares continue cautious recovery
Stock markets in the UAE and Qatar edged up in early trade on Monday, continuing their recovery from last week's sharp decline, while other bourses in the region moved very little.
Dubai jumps after global markets rebound; Arabtec surges
Dubai stock index jumped in opening minutes on Sunday after global markets rebounded on Friday and shares in builder Arabtec Holding surged as it moved closer towards starting work on a huge project in Egypt.
UAE lender FGB sells 45% stake in brokerage
First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was selling its 45% stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company.