Middle East ETF News Older than One Year


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

Source: AME Info


Abu Dhabi market bounces back

March 18, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) added 1.96 per cent to close at 4,824.96 points on Tuesday, March 18. Eshraq Properties was the most liquid share, closing 2.60 per cent to hit AED2.37.

Since the start of the year, the developer's share has been trading in a narrow range of AED2.50. Arkan Bulding ...

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Source: AME Info


Emaar shares approach AED10

March 18, 2014--The Dubai Financial Market General Index (DFMGI) gained 2.66 per cent, closing at 4,234.29 points on Tuesday, March 18. Emaar Properties jumped 5.41 per cent to reach AED9.75.

On Monday, Emaar unveiled luxury apartments in BLVD (Boulevard) Crescent, a residential development in the heart of Downtown Dubai. BLVD Crescent features two towers of 39 and...

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Source: AME Info


National Gas and Industrialization Company gains on dividend news

March 18, 2014--The Tadawul All Share Index fell by 0.40 per cent to 9,331.69 points on Tuesday, March 18. SABIC declined by 0.65 per cent to SAR115.50. National Gas and Industrialization rose by 1.10 per cent to reach SAR27.80.

Earlier in the day, the board of directors of National Gas and Industrialization Company has recommended the distribution...

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Source: AME Info


Dubai Ports World slip ahead of annual results

March 17, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 2.24 per cent higher at 3,909.69 on Monday, March 17. NASDAQ Dubai-listed shares of Dubai Ports World ended down one per cent at $17.89.

The world's third biggest port operator will announce its annual financial results for 2013 on Thursday, March 20. DEPA Limited, a Dubai-based interior...

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Source: AME Info


Crimea dispute felt at Riyadh bourse

March 17, 2014--The Tadawul All Share Index closed 0.12 per cent lower at 9,368.03 points on Monday, March 17, after the EU and the US threatened sanctions against Russia after the people of Crimea overwhelmingly voted in favour of joining the Russian Federation on Sunday, March 16.

Market's bellwether SABIC closed unchanged at SAR116.

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Source: AME Info


Dubai bourse buoyant on Emaar and Arabtec

March 17, 2014--The Dubai Financial Market General Index (DFMGI) gained 1.63 per cent, closing at 4,124.77 points on Monday, March 17.

Arabtec Holding, the biggest construction firm in the Middle East region, surged by 6.41 per cent to AED5.15. Emaar added 1.65 per cent to AED9.25. Gulf Finance House, an Islamic bank based out of Bahrain, lost...

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Source: AME Info


Gulf Livestock net income increases by 45 per cent

March 17, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) gained 1.96 per cent to close at 4,824.96 points on Sunday, March 17.

Gulf Livestock Company closed even at AED6.98. Earlier in the day, the firm said its net comprehensive income for 2013 amounted to AED42.86 million ($11.67m), up from AED29.51m ($8.04m) in the previous year.

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Source: AME Info


CBQ shareholders okay dividends with bonus shares of 20 per cent

March 17, 2014--The Qatar Exchange 20 Index closed 0.62 per cent higher at 11,401.65 points on Monday, March 17.

The shares of Commercial Bank of Qatar (CBQ) closed flat at QAR75.50. Earlier in the day, the lender said the annual general assembly approved the board of directors’ recommendation to distribute a cash dividend of 20 per cent..

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Source: AME Info


Egypt introduces new rules for index, real estate funds

March 15, 2014--The Egyptian Financial Supervisory Authority (EFSA) has issued new rules to facilitate the creation of index and real estate funds, as well as amendments to margin trading rules, as part of efforts to attract capital back to the stock market, Reuters has reported.

The changes would increase liquidity in the market and draw more local...

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Source: AME Info


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