Middle East ETF News Older than One Year
QIB gets nod for 40 per cent cash dividend
February 25, 2014--The QE 20 Index in Doha slipped by 0.37 per cent to 11,855.94 points on Tuesday, February 25.
Qatar Islamic Bank (QIB) plummeted 6.17 per cent after the shareholders gave the green light for a 40 per cent cash dividend at the annual general assembly on Monday.
Source: AME Info
Bahrain exchange rally halted
February 25, 2014--After gaining for nine consecutive sessions, the Bahrain All Share Index closed unchanged at 1,386.54 points on Tuesday, February 25.
Aluminium Bahrain advanced by 1.81 per cent to BD0.50. Arab Banking Corporation dived by 2.61 per cent to $0.56.
Source: AME Info
Emaar shares lose ground
February 24, 2014--The Dubai Financial General Index (DFMGI) closed unchanged at 4,123.51 points on Monday, February 24.
Emaar Properties, the biggest developer in the Middle East region by market value, fell for the second day straight, finishing 0.90 per cent lower at AED8.77. Its rival, Union Properties, surged by 4.66 per cent to AED2.02.
Source: AME Info
Waha Capital dives as firm recommends ten per cent cash dividend
February 24, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) advanced 0.24 per cent to close at 4,883.05 points on Monday, February 24.
The shares of investment company Waha Capital plummeted 5.26 per cent to AED2.70. Earlier in the day, Waha said in a filing to the bourse that its board of directors has recommended distribution of..
Source: AME Info
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..
Source: AME Info
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..
Source: AME Info
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
Source: AME Info
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
Source: AllAfrica.com
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 ...
Source: AME Info
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 ...
Source: AME Info
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