Middle East ETF News Older than One Year


Lackluster Abu Dhabi exchange dips

October 2, 2014--The Abu Dhabi market index ADXGI fell by 0.37 per cent to 5,111.25 points on Thursday, October 2.

Ras al-Khaima Cement Company gained the most, closing 7.40 per cent higher at AED1.31. Market bellwether Etisalat, the most valuable UAE firm and telecom leader, closed unchanged at AEE11.65.

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Source: AME Info


Emaar Malls Group gains strongly on first day of trading

October 2, 2014--Despite the euphoria on the Dubai trading floor about the first listing of the biggest IPO since 2007, the Dubai Financial Market (DFM) general index lost 1.68 per cent to close at 4,957.87 points on Thursday, October 2.

At the opening, Emaar chairman Mohamed Alabbar rang the bell for the first trading session of Emaar Malls...

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Source: AME Info


Arabian Pipes in $15.46m Saudi Aramco deal

September 30, 2014--The Tadawul All-Share Index closed 0.91 per cent to reach 10,854.79 points on Tuesday, September 30.

SABIC added 0.10 per cent, finishing at SAR131.22. Arabian Pipes dived 1.94 per cent to SAR32.90.

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Source: AME Info


NASDAQ Dubai-listed shares retreat slightly

September 30, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 0.20 per cent higher at 4,626.40 on Tuesday, September 30.

DP World lost 1.20 per cent to close at $20.75, while Emirates REIT fell back to $0.629, off by 0.16 per cent.

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Source: AME Info


Qatar’s Ahli Bank seals $200 million syndicated loan

September 30, 2014--The QE 20 Index dipped 0.84 per cent to 13,782.31 points on Tuesday, September 2014.

Just a few shares added value, with Ezdan Holding recording the biggest surge, up by 6.75 per cent to reach QAR21.34. Ahli Bank finished flat at QAR53.50.

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Source: AME Info


Dubai market property heavyweights lift gauge, Amanat announces IPO

September 30, 2014--The Dubai financial market (DFM) general index failed to recapture the 5,000 points on Tuesday, September 30, ending up by 0.14 per cent to 4,997 points.

Emaar and Arabtec Holding (construction) surged by 0.90 and 2.70 per cent, respectively.

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Source: AME Info


Agthia shares idle, firm presents new CEO

September 30, 2014--The ADX general index added 0.287 per cent to hit 5,088.478 points on Tuesday, September 30.

Agthia Group closed flat at AED6.50. Earlier in the day, it said that it has appointed Pakistani national, Iqbal Hamzah, as CEO, effective immediately.

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Source: AME Info


Saudi shares advance across the board

September 29, 2014--The Tadawul All-Share Index edged up by 0.80 per cent to reach 10,757.41 points on Monday, September 29.

SABIC added 0.70. per cent to close at SAR131.25.

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Source: AME Info


Dana Gas jumps on new Egypt deals

September 29, 2014--The ADX general index added 0.287 per cent to hit 5,088.478 points on Monday, September 29.

Sharjah-based Dana Gas was in the focus, closing three per cent higher at AED0.69.

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Source: AME Info


Qatari shares duck ahead of third quarter earnings season

September 26, 2014--In Doha, the Qatar 20 Index closed off 0.41 per cent at 13,874.97 points on Thursday, September 25. Zad Holding was the top gainer, finishing 1.50 per cent higher at QAR90.

General Insurance, the biggest losing share, ended down 3.05 per cent at QAR46.05.

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Source: AME Info


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