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Qatar Islamic Bank rating upgrade to 'stable'
April 15, 2014--The Qatar Exchange (QE) 20 Index rebounded Tuesday, April 15, closing at 12,321.89 points.
Market bellwether Industries Qatar advanced 1.67 per cent to QAR183. Qatar Islamic Bank (QIB) lost 0.9 per cent to QAR78. Earlier in the day, QIB said in a filing to the bourse that Cyprus-based rating agency Capital Intelligence reaffirmed by its
Bahrain bourse drops after V-shaped recovery
April 14, 2014--The Manama-based Bahrain All-Share Index ended down 0.10 per cent at 1,379.12 points on Monday, April 14.
Bahrain Middle East Bank (BMEB) closed flat at BD0.056. Earlier in the day, the lender said in a filing to the market it has formally requested Fitch Ratings to withdraw its credit rating. BMEB said its board does...
Doha Bank snaps award, shares fall
April 14, 2014--The Qatar Exchange (QE) 20 Index fell for the second date straight on Monday, April 14,, closing at 12,144.19 points.
General Insurance recorded the biggest leap upwards, closing 5.91 per cent higher at QAR47.50. Doha Bank ended off 1.30 percent at QAR61.10.
Abu Dhabi shares lose across the board
April 14, 2014--The Abu Dhabi market index ADXGI lost for the second day straight, ending down 0.56 per cent at 5,134.22 points at the closing on Monday, April 14.
RAK Properties was one of the most liquid shares and gained against the trend, finishing up 1.40 per cent at AED1.47.
Worries over geopolitical tensions reach Dubai trading floor
April 14, 2014--The Dubai Financial Market General Index (DFMGI) closed insignificantly higher at 4,763.02 points on Monday, April 14.
Increased tensions in the East of Ukraine and a new war of words between Kiew and Moscow led to volatile trading in Dubai and most Asian and European exchange on early Monday. At the DFM, 12 shares advanced...
QSE set for ETF debut to boost liquidity
The QSE is looking to broaden its investment universe to become a regional hub for capital markets in the wider Gulf region.Picture: Noushad Thekkayil
April 13, 2014--Exchange traded funds (ETFs) are set to make their debut next week (April 23) on the Qatar Stock Exchange (QSE) as the bourse enters the MSCI 'emerging' market grouping by June, it is learnt.
To begin with, foreign debt,based and general index,based ETFs are set for launch, which will be followed by Islamic-index based ETFs by the end of summer as part of measures by the QSE to enhance the liquidity in the market.
IMF report-Toward New Horizons: Arab Economic Transformation amid Political Transition
April 11, 2014-Summary: The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition, implementing necessary economic policies has proven to be challenging.
This paper lays out key elements of economic policy reform for Arab countries in transition.
view the IMF report-Toward New Horizons-Arab Economic Transformation Amid Political Transitions
Kingdom Holding hits two-month high
April 10, 2014--Losses in the financial and petrochem sector weighed on the Saudi stock market on Thursday, April 10.
The Tadawul All Share Index fell by 0.36 per cent to 9,508.57 points on Thursday, April 10. Speaking at the fourth annual investment forum of Al Masah Capital in Dubai, Arnout van Rijn, vice-president at Robeco in Hong
Aluminium Bahrain reports higher sales in Q1
April 10, 2014--An eight-day gaining streak in Manama was halted on Thursday, April 10.
The Bahrain All Share Index slipped by 0.45 per cent to 1,382.19 points. Industry bellwether Aluminium Bahrain declined 1.23 per cent to BHD0.482. Earlier in the day, Alba said its sales figures for the first quarter rose by 3.1 per cent year-on-year to..
Lacklustre Kuwait bourse closes flat
April 10, 2014--he KSE Market Index ended insignificantly higher at 7,573.84 points on Thursday, April 10.
Manafea Investment recorded the biggest increase, closing 8.33 per cent higher at KWD0.065. International Resorts lost the most, closing 7.81 per cent lower at KWD0.059
