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$389m Oman fund to stabilise stock market
Muscat  
 
  Oman's government said on Thursday it would set up a 150 million rial ($389.6 million) market-maker fund with the private sector to help stabilise the country's bourse as the financial crisis bites.  
   

  Pharos gets CMA margin trading licence
Cairo
  Pharos Holding for Financial Investments, a leading Investment Bank in Egypt, said it’s brokerage subsidiary has received the license for margin trading on the Egyptian stock market from the Capital Markets Authority (CMA).     
   
  Gulf bourses end firmer; Saudi, Abu Dhabi dip
Dubai
  Most Gulf bourses ended firmer on Wednesday as investor sentiment improved modestly amid a raft of policy proposals in the Gulf aimed at coping with the credit crisis.     
   

Time for a renaissance
Improving the standard of written Arabic is a matter not just for the literati but for social de
 
Hot topic
Hydrogen derived from natural gas is being proposed as a clean fuel. Can it deliver on such high
 
A new Babylon
The growing cities of the Gulf are stretching national resources to breaking point.
Is there
 
Pipeline politics
Iran seems increasingly ready to supply natural gas to its neighbours, but it is demanding a ste
 
Grand designs
Libya’s attempts to drive an ever-harder bargain with international oil companies may yet backfi
 
 
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