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European shares edge lower, all eyes on Spain

PARIS - European stocks edged down on Wednesday, adding to the previous session’s losses, weighed down by doubts about whether Spain will soon request a bailout and further signs of a slowdown in China and Europe. At 1126 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,100.73 points in relatively low volumes.

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markets

Iran tightens measures to stem currency fall

Police threatened merchants who closed their shops in Teheran’s main bazaar and launched crackdowns on sidewalk money changers on Wednesday as part of a push to halt the plunge of Iran’s currency, which has shed more than a third its value in less than a week.

markets

markets

Emaar Square in Dh7.7b Uptown Cairo launched

Emaar Properties, the global developer of iconic projects, has strengthened its international project portfolio with the launch of Emaar Square, a ‘city within a city’ development, within its flagship Uptown Cairo project in Egypt.

markets

markets

DFM, ADX hit 7- month high mark

Shares in Abu Dhabi’s two largest property companies surged on Monday ahead of their planned merger, lifting the bourse to a seven-month high, while other Gulf markets also gained.

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