Middle East ETF News Older than One Year


Ma'aden gets $2 billion financing for SABIC phosphate joint venture

April 3, 2014--The Tadawul All Share Index advanced by 0.22 per cent to 9,558.46 points on Thursday, April 3.

SABIC fell by 0.21 per cent to SAR118. Saudi Arabian Mining Company (Ma'aden) fell by 0.54 per cent to SAR36.5. Today,

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Source: AME Info


Abu Dhabi market makes detour ahead of 5,000 points

April 3, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) fell by 0.64 per cent to 4,923.47 points on Thursday, April 3, despite positive market breadth.

United Arab Bank and Bank of Umm Al-Qaiwain fell by 8.75 per cent and 7.05 per cent, respectively.

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Source: AME Info


Banks and Batelco pull Bahrain exchange higher

April 3, 2014--The Manama bourse continued to advance on Thursday, April 3.

The Bahrain All-Share Index gained 0.24 per cent to reach 1,367,83 points. NASS Corporation was the top gainer, ending up by 4.20 per cent at BHD0.174. Bahrain Telecom (Batelco) advanced 0.61 per cent, reaching BHD0.332

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Source: AME Info


Qatar Islamic Bank gains on Zain co-financing

April 3, 2014--The Qatar Exchange 20 Index advanced by 0.37 per cent to 11,983.87 points on Thursday, April 3.

Qatar Islamic Bank (QIB) gained 0.94 per cent, reaching QAR75.50. Earlier in the day, QIB said it participated in a $250 million Murabaha syndicated Finance to Zain.

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Source: AME Info


Citigroup report boosts Dubai market

April 3, 2014-The Dubai bourse finished the week with the fifth gaining session in a row, as the Dubai Financial Market General Index (DMFGI) closed 0.92 per

cent higher at 4,618.28 points on Thursday, April 3.

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Source: AME Info


SABIC keeps lacklustre Saudi bourse afloat

April 2, 2014--The Tadawul All-Share Index closed 0.29 per cent higher at 9,537.83 points on Wednesday, April 2, amid moderate trading turnover.

SABIC advanced 0.21 per cent to SAR118.25. Saudi Kayan Petrochemical Company advanced 0.90 per cent to SAR16.90. National Industrialization Company recorded the biggest drop, ending down by 4.42 per cent to reach SAR32.40.

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Source: AME Info


Kuwait bourse closes slightly higher

April 2, 2014--The KSE market index advanced by 0.16 per cent, closing at 7,570.52 points on Wednesday, April 2.

Al-Nawadi Holding jumped by 8.77 per cent to KWD0.124. National Bank of Kuwait, the biggest lender in the northern Gulf state, closed unchanged at KWD1. Gulf Franchising Holding dived by 9.3 per cent to KWD0.078.

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Source: AME Info


Arabtec in the focus at Dubai market amid top level reshuffle

April 2, 2014--The Dubai Financial Market General Index (DFMGI) gained for the fourth consecutive session closing 1.23 per cent higher at 4,576.31 points on Wednesday, April 2.

Emaar slipped by 0.50 per cent to AED10.05. Arabtec Holding jumped by two per cent to AED6.14. Earlier in the day, Arabtec said it appointed Dr Nabil Ailabouni as CEO...

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Source: AME Info


Abu Dhabi Ship Building gains as its annual net profit soars

April 2, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) closed flat at 4,955.12 points on Wednesday, April 2.

Abu Dhabi Ship Building (ADSB) gained 1.30 per cent to AED3.93. Earlier in the day, ADSB said its consolidated net profit in 2013 reached AED51 million ($13.9m), up from AED29m ($7.91m). Dana Gas was the most liquid gaining...

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Source: AME Info


Qatar market shrugs off diplomatic skirmish with the UAE and Saudi Arabia

April 2, 2014--The Qatar Exchange 20 Index advanced by 0.29 per cent to 11,939.95 points on Wednesday, April 2.

The market's bellwether Industries Qatar lost 1.17 per cent to QAR186.30. Qatar Oman jumped by 7.35 per cent to QAR13. Qatar Investors Group dived 2.12 per cent to QAR55.50.

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Source: AME Info


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