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Tabreed secures project renewal with Aldar Properties
January 20, 2015--Volatility remained at the Dubai financial market (DFM) general index on Tuesday, January 20, sending the DFMGI 0.40 per cent lower to 3,877.77 points.
Emaar slipped 0.66 per cent, while Air Arabia added another 1.76 per cent to hit AED1.73 after its announcement yesterday that it would fly as the first Middle Eastern budget airline...
SABIC share under pressure after Q4 profit slump
January 19, 2015--The Saudi Arabian stock exchange Tadawul in Riyadh saw its market index TASI losing 0.62 per cent on Monday, January 19, closing at 8,482.93 points.
SABIC, the world's first producer of petrochemical products, dived 1.90 per cent to SAR78.
Following release of full-year results, Qatar Islamic Bank shares dive
January 19, 2015--The Doha-based Qatar Exchange 20 index declined by 0.21 per cent to reach 11,891.46 points on Monday, January 19.
Qatar Islamic Bank or QIB lost 2.71 per cent, closing at QAR104.20 on late Sunday.
Egypt: EGX Gains Egp 14 Billion At End of Week's Trading
January 18, 2015--The Egyptian Exchange (EGX) has made weekly gains worth 14.3 billion pounds.
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Qatar exchange in stutter mode beneath 12,000 points
January 15, 2015--In Doha, the Qatar Exchange 20 index slipped 0.50 per cent to 11,936.58 points on Thursday, January 15.
he gauge fell for the consecutive session and lost more than 500 points over the second trading week of January.
DP World falls, holds out above $20
January 15, 2015--The FTSE NASDAQ Dubai UAE 20 Index closed 0.73 per cent lower at 3,779.64 points on Thursday, January 15.
DP World fell 1.72 per cent to $20.01.
UAE markets end the week, friendly
January 15, 2015--The Dubai financial market (DFM) index, DFMGI, closed 0.75 per cent higher at 3,842.60 points on Thursday, January 15.
The ADX General Index, on the other hand, fell by 0.55 per cent to 4,481.36 points.
The Saudi British Bank posts Q4 profit dip
January 14, 2015--The Tadawul All-Share Index climbed 0.71 per cent higher to reach 8,551.94 points on Wednesday, January 14.
The Saudi British Bank or SABB closed flat at SAR56.75.
Bahrain market adds slightly
January 14, 2015--The Bahrain All-Share Index closed 0.27 per cent higher at 1,426.06 points on Wednesday, January 14.
SEEF Properties gained the most, ending 3.63 per cent higher at BD0.20.
Lackluster Abu Dhabi bourse closes slightly down
January 14, 2015--The ADX general index fell by 0.10 per cent to 4,506.32 points on Wednesday, January 14, ahead of the earnings season.
"In January markets should shift their focus from oil prices to earnings and dividend announcements," said Arjuna Mahendran, the chief investment officer wealth management at the UAE's biggest lender Emirates NBD.