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Ooredoo in the spotlight
November 18, 2014--The Doha-based Qatar Exchange 20 Index joined the general rebound in the region on Tuesday, November 18,
closing at 13,809.44 points. Ooerdoo closed flat at QAR119. Earlier in the day, the first Qatari telecom provider announced it would pay interest on a global medium term note on December 10 to its bondholders.
Financial firms take centre stage at Abu Dhabi exchange
November 18, 2014--An index uptick of 0.66 per cent was the result of the Abu Dhabi stock market ADX's performance on Tuesday, November 18.
FGB, as the most liquid share, closed 0.10 per cent higher at AED19. Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi Islamic Bank advanced by 3.24 per cent and by 3.20 per cent,
Qatar market gains on end of diplomatic row with GCC countries
November 17, 2014--The QE 20 Index added 0.13 per cent to reach 13,762.76 points on Monday, November 17.
The gauge bucked the sluggish trend in the region and the world after Japan said its GDP shrank for the second quarter straight[a1] . But news from the UAE, Saudi Arabia and Bahrain that they would re-instate their ambassadors in...
Etisalat weathers the storm at Abu Dhabi bourse
November 17, 2014--The Abu Dhabi stock market index fell back by 1.10 per cent to close at 4,908.97 points on Monday, November 17.
Abu Dhabi National Company for Building and Material gained the most, finishing 2.15 per cent higher at AED0.95. Etisalat finished flat at AED11.45. United Arab Bank (UAB) ended even at AED7.
Japan shock drags Dubai shares down
November 17, 2014--The Dubai stock market index DFMGI lost for the second day straight on Monday, November 17,
closing at 4,527.22 points.
Merger fantasies lift UAE stock markets
November 13, 2014--The Dubai stock market index DFMGI and the Abu Dhabi gauge ADXGI gained 1.72 per cent and 0.40 per cent, respectively, on Thursday, November 13.
The two gauges hit 4,657.29 points and 4,957.59 points, respectively, and posted advances of 5.70 per cent and 3.40 per cent, respectively, during the second week in November.
DP World soars on Jebel Ali takeover plans, London delisting plans
November 13, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 2.17 per cent higher at 4,370.58 on Thursday, November 13.
DP World advanced by 2.65 per cent to hit $20.15. Earlier in the day, DP World chairman Ahmed Sultan Bin Sulayem said the world's third biggest port operator was seeking shareholders' approval at an extraordinary general meeting on December 18...
EGX Board Approves Arbitration Rules For Capital Market
November 13, 2014--Aiming to improve the investment climate in the Egyptian Stock Market, EGX Board approved rules of arbitration for the settlement of disputes of the capital market in the light of the arbitration rules of the United Nations Commission on International Trade Law (UNCITRAL) and its amendments.
The rules aims to settle disputes that arise between the parties to the different market as a voluntary consent of the parties.
Saudi market stuck below 9,800
November 12, 2014--The Tadawul All-Share Index closed unchanged at 9,766.01 on Wednesday, November 12.
Saudi Automotive Services Co. (SASCO) jumped 3.20 per cent to hit SAR31.20.
Taqa fails to convince despite profit surge, debt reduction
November 12, 2014--The Abu Dhabi securities exchange general index ADXGI lost 0.10 per cent to 4,393.36 points on Wednesday, November 12.
Abu Dhabi National Energy Company, better known as Taqa finished off one per cent at AED0.99. Earlier in the day, Taqa said it generated a net income in the period from January 1 to September 30...