Khaleeji Commercial Bank appoints new chairman
March 19, 2014--The Bahrain All-Share Index slipped 0.16 per cent to reach 1,371.64 points on Wednesday, March 19. Khaleeji Commercial Bank (KHCB) gained 1.90 per cent to reach BHD0.054.
Earlier in the day, KHCB revealed that, on March 18 (Tuesday), it appointed Dr. Ahmed Al-Mutawa as the Islamic bank's chairman. Abdulrahman Jamsheer has been appointed as vice-chairman. ...
Arabtec in the spotlight at Dubai market
March 19, 2014--The Dubai Financial Market General Index (DFMGI) consolidated above 4,200 points on Wednesday, March 19, as the gauge finished 0.50 per cent higher at 4,255.57 points.
Arabtec Holding was the most liquid share, as it surged by 5.11 per cent to AED5.55. On Tuesday (March 18), Arabtec revealed that, in 2013, it generated a net ...
Finance House in the loop on nod for 10 per cent share buyback scheme
March 19, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) lost 0.24 per cent to close at 4,836.43 points on Wednesday, March 19.
Finance House (FH) recorded the biggest leap, ending 1.04 per cent higher at AED3.90. Earlier in the day, FH revealed that it has received an approval from the UAE Central Bank and the Securities ...
Shareholders approve Nakilat's dividend proposal
March 19, 2014--The Qatar Exchange 20 Index declined by 0.27 per cent to close at 11,388.14 points on Wednesday, March 19. Qatar Gas Transport Company, also known as Nakilat, dived 6.02 per cent to QAR19.84.
Earlier in the day, Nakilat revealed that its annual general assembly approved the distribution of cash dividends totalling 11 per cent to ...
Bahrain market slump halted
March 18, 2014--The Bahrain All-Share Index closed 0.21 per cent to reach 1,373.80 points on Tuesday, March 18. Khaleeji Commercial Bank closed six per cent higher at BHD0.053.
National Bank of Bahrain fell by 2.74 per cent to BHD0.71. Al Salam Bank surged from 0.94 per cent to 0.214 per cent, finishing at BHD0.214. Gérard Al-Fil...
Ooredoo announces interest payment for bondholders
March 18, 2014--The Qatar Exchange 20 Index advanced by 0.15 per cent to close at 11,418.76 points on Tuesday, March 18. Islamic Holding jumped 9.95 per cent to reach QAR68.50.
Ooredoo, formerly Qatar Telecom, finished flat at QAR139. Earlier in the day, Ooredoo revealed that it will distribute interest payments to the bondholders of its global medium-term