UAE corporate earnings jump 31% to 33bn in H1
UAE corporate earnings grew 31.2% year-on-year to USD 9 billion (Dh33 billion) during the first half of this year compared to USD 6.86bn in the same period last year, registering the best growth among the GCC corporates.
UAE bourses to see additional growth in 2014
The UAE and other Gulf bourses are expected to continue their upward trend during the remainder of the year, analysts said.
Saudi market vulnerable to further profit-taking
Saudi Arabia's bourse looks vulnerable to further profit-taking on Tuesday after ending an extended upswing in the last session.