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CBQ gains as it completes $1 billion senior unsecured-term loan facility
February 24, 2014--The QE 20 Index in Doha advanced by 0.11 per cent to 11,885.78 points on Monday, February 24.
The shares of Commercial Bank of Qatar (CBQ) added 0.67 per cent to QAR75.40. Earlier in the day, CBQ announced the successful completion of a $1 billion senior unsecured-term loan facility. The lender group consists of 21..
Bahrain bourse extends record gaining streak
February 24, 2014--Driven by gains in the banking segment, the Bahrain All Share Index gained for the ninth session straight, ending 0.76 per cent higher at 1,386.63 points on Monday, February 24.
Arab Banking Corporation and Islamic bank Al Salam Bahrain gained 9.52 per cent and 9.10 per cent, respectively. Gulf Finance House failed to the join..
AXA cashes in on Saudi insurance boom
February 24, 2014--The Tadawul All Share Index closed 0.437 per cent higher at 9,057.08 points on Monday, February 24.
AXA Cooperative Insurance Company finished up 0.54 per cent at AED37.30. Earlier in the day, AXA said in 2013 it netted an income before zakat (Islamic donation expenses) of SAR14.747 million ($3.98m) in 2013, up 43.15 per cent
Egypt: Egx Indexes Up Last Week, Main Index Rises By 3.98 Percent
February 24, 2014--The Egyptian Exchange indexes closed last week up and the market capital gained EGP 14.5 billion to hit EGP 485 billion.
During the course of the week, the benchmark index EGX 30 jumped 3.98 percent to 7,893 points, said a weekly report issued by the Egyptian Exchange
Advanced Petrochemical gets nod for diversification funds
February 20, 2014--The Tadawul All Share Index closed 0.24 per cent higher at 8,988.87 points on Thursday, February 20.
SABIC gained 0.66 per cent to SAR114.25. Advanced Petrochemical Company increased by 0.23 per cent to SAR44. Earlier in the day, the firm said that it completed the process of opening three investment portfolios after obtaining approval from ...
Bahrain bourse gains for the seventh session straight
February 20, 2014--The Bahrain All Share Index closed 0.57 per cent higher at 1,365.85 points on Thursday, February 20.
Bahrain Duty Free closed even at BD0.775. Earlier in the day, the airport retailer said in a filing to the exchange that its full-year net income was BD6.45 million compared to BD6.39m in 2012, while the quarter ...
Qatar market gains silightly
Thursday 20, 2014--The QE 20 Index advanced by 0.42 per cent to 11,872.40 points on Thursday, February 20.
Industrues Qatar, the market bellwether, finished 0.30 per cent to QAR194. Al Kaleej Takaful lost the most, finishing 1.30 per cent lower at QAR38.70.
Abu Dhabi market index eyes 5,000 points
February 20, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) closed 0.53 per cent higher at 4,908.84 points on Thursday, February 20.
Arkan Building Materials gained the most, ending 13.36 per cent higher at AED2.63. Aldar Properties and Eshraq Properties added 0.92 per cent and 0.40 per cent, respectively. Watania Insurance lost the most, falling by 7.05...
Emaar flirts with AED9
February 20, 2014--The Dubai Financial General Index (DFMGI) closed 0.73 per cent higher at 4,182.87 points on Thursday, February 20, with trading volumes falling to a multi-month low.
Emaar was the most liquid share, advancing by 2.05 per cent to AED8.95. Arabtec Holding fell by 0.61 per cent to AED4.87. Earlier in the week, Arjuna Mahendran, the ...
SABIC shares end even on firm's flat annual profit
February 19, 2014--The Tadawul All Share Index closed 0.12 per cent higher at 8,967.62 points on Wednesday, February 19. SABIC closed unchanged at SAR113.50.
Earlier in the day, SABIC said that its net income for the full year of 2013 amounted to SAR25.28 billion ($6.82bn), up by 2.02 per cent year on year. Riyadh-based SABIC, the biggest...
