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
Source: IMF
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
Source: AME Info
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..
Source: AME Info
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
Source: AME Info
Arabtec hits AED7, Emaar flirts with AED11
April 10, 2014--The ongoing real estate boom in Dubai continues to fuel share prices of real estate-related companies.
On Thursday, April 10, the Dubai Financial Market General Index (DFMGI) closed 1.11 per cent higher at 4,839.39 per cent. Arabtec and Union Properties were the most liquid shares, advancing 1.16 per cent and 4.36 per cent, respectively...
Source: AME Info
Bahrain market index erases of the last two weeks
April 9, 2014--The Bahrain All Share Index rose for the eighth session straight on Wednesday, April 9, finishing at 1,388.46 points.
Bahrain Telecom, better known as Batelco, added 1.19 per cent to hit BD0.340. Earlier in the day, Batelco said it finalised the acquisition of 46 per cent in Quality Net from Ali Alghanim & Sons General
Source: AM E Info
Barwa shareholders okay dividend distribution
April 9, 2014--The Qatar Exchange 20 Index gained 1.52 per cent to close at 12,375.03 points on Wednesday, April 9.
Barwa Real Estate advanced by 1.21 per cent to reach QAR37.70. Earlier in the day, the Islamic developer said in a filing to the market at the annual general meeting shareholders approved the distribution of a 20...
Source: AME Info
Abu Dhabi market consolidates above 5,000 points
April 9, 2014--The ADX General Index closed up by 1.23 per cent at 5,068.27 points on Wednesday, April 9.
The gauge has gained more than 72 per cent in the past 12 months. RAK Properties gained the most, ending 6.25 per cent higher at AED1.36 and Aldar Properties finished 2.06 per cent higher at AED3.96.
Source: AME Info
Saudi market opens lower and closes higher
April 8, 2014--The Tadawul All Share Index added 0.61 per cent to 9,565.28 points on Tuesday, April 8.
Bank Al Bilad rose by 3.37 per cent to SAR42.90 after the lender published its interim result for the first quarter. The lender generated a net income of SAR173.7 million...
Source: AME Info
Bahrain bourse extends record-long gaining streak
April 8, 2014--The Bahrain All Share Index rose for the third session straight, closing 0.65 per cent higher at 1,384.48 points on Tuesday, April 8.
Al Salam Bank Bahrain advanced by 1.90 per cent to BHD0.216. In a filing to the Manama market, Al Salam Bank said it entered an increase of its authorised share capital of...
Source: AME Info