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Sunday, February 05, 2012
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Kuwait markets steady after Islamist election win
Dubai  
 
  Kuwaiti financial markets were steady on Sunday after the Islamist-led opposition won control of parliament in an election, a victory which could worsen political tensions but conceivably also lead to fresh government spending measures.  
   

  Saudi surges on banking, tourism stocks
Riyadh : 
  Saudi shares closed higher on Saturday, boosted by gains in the banking and tourism sectors. The all-share ends 1 percent higher to 6,734 points and the banking index adds 2.4 per cent to 15,406 points.     
   
  Experts advice caution on Facebook IPO
San Francisco : 
  It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.     
   

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