Saudi ends GCC trading restrictions
Cabinet orders CMA to remove constraints on investors from Gulf Arab nations.

Borse Dubai eyes Karachi exchange
Stake in KSE would be part of general expansion interest for Borse Dubai, chairman says.

Iraq buys North American wheat
The Iraq Grain Board has purchased up to 100,000 tonnes of wheat for shipment in October.

JXB awards $44mn security contracts
Abu Dhabi firm will build four fire stations and five police buildings at Jebel Ali airport.

Dubai firms to take trust deposits
Mortgage firms Amlak and Tamweel say move will improve investor confidence in construction sector.

Moody's, S&P maintain Emaar rating
Agencies will not downgrade developer, despite cancellation of land-for-shares deal.

Amlak to sell $260mn sukuk
Dubai mortgage firm will sell asset-backed Islamic bonds to finance Jordan, Morocco expansion.

Ahlia plans $343mn convertible bond
Kuwait's Al-Ahlia Holding to sell Islamic bonds convertible to shares in real estate affiliate.

ADIB names CEO, MD
Abu Dhabi Islamic Bank announces appointment of first chief executive, new managing director.

Aramco China refinery on track
Sinopec says plans with Saudi Aramco for a refinery in east China are going ahead.

Yemen to boost oil, gas drilling
Yemen is to increase the number of oil and gas exploration wells it drills next year.

Oil price update - Aug 27
Oil edges higher above $71 due to refinery problems and strong US economic data offsetting credit anxiety.

Dubai targets foreign investment
Dubai's stock exchange will showcase companies including Emaar and Tamweel to investors in New York.

Saudi bourse hours to change for Ramadan
Daily trading at Saudi Arabia's stock market will be shortened by 30 minutes during month of Ramadan.

Gulf markets review - Aug 27
Dubai slips after closing at a one-month high on Sunday; Kuwait ends up at a record 12,709.10 points.

Jordan shawarma ban to be lifted
Some restaurants will be able to serve sandwich if they gain approval from health authorities, insider says.