Middle East Stock Market

Mena outperform US and emerging markets – Emirates Business 24/7

Stock Market News — Thu, 11 Mar 2010 00:18:37 +0000

Mena outperform US and emerging markets
Emirates Business 24/7
Kuwait Stock Exchange top perfomer with 5% gain. MSCI Arabia rises by 4.8% on a YTD basis. (REUTERS) Mena equity markets rebounded by almost 4.9 per cent in …

ETFs can diversify risks if invested professionally – Emirates Business 24/7

Stock Market News — Wed, 10 Mar 2010 00:27:17 +0000

ETFs can diversify risks if invested professionally
Emirates Business 24/7
In the UAE, ETFs are traded on Nasdaq Dubai and Abu Dhabi Securities Market. Elsewhere in the region, they are traded in Qatar and Bahrain. …

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AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs – American Chronicle

Stock Market News — Tue, 09 Mar 2010 00:23:52 +0000

AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs
American Chronicle
8–TADAWUL FALLS 0.1 PERCENT: Saudi Arabia's Tadawul All Share Index (Tasi) fell 0.1 percent to 6553, with 42 stocks rising and 80 falling. …

First Gulf Bank, Kuwait Finance, RAK Bank: Gulf Equity Preview – BusinessWeek

Stock Market News — Mon, 08 Mar 2010 06:01:41 +0000

First Gulf Bank, Kuwait Finance, RAK Bank: Gulf Equity Preview
BusinessWeek
The Dubai Financial Market General Index gained 2.3 percent to 1621.73, and Saudi Arabia's Tadawul All Shares Index rose 0.3 percent to 6560.46. …

Hezbollah’s Penance–Hizballah works to rebuild its Tarnished Image – Counterterrorism Blog (blog)

Stock Market News — Sun, 07 Mar 2010 01:56:59 +0000

Hezbollah's Penance–Hizballah works to rebuild its Tarnished Image
Counterterrorism Blog (blog)
… the Shiite militia had actually “improved [the] economic situation in Lebanon,” particularly the performance of the Beirut Stock Exchange. …

Markaz announces its 2009 financial results – AME Info

Stock Market News — Sat, 06 Mar 2010 09:54:28 +0000

Markaz announces its 2009 financial results
AME Info
The number of stocks covered in the Options Market at the Kuwait Stock Exchange was decreased from 60 companies in 2008 to 56 companies in 2009, …

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Fly540 Africa and Fly540 Zimbabwe to sign franchise agreement; Kuwait Airways … – Centre for Asia Pacific Aviation (subscription)

Stock Market News — Fri, 05 Mar 2010 05:53:33 +0000

Fly540 Africa and Fly540 Zimbabwe to sign franchise agreement; Kuwait Airways …
Centre for Asia Pacific Aviation (subscription)
In the Middle East, Kuwait National Airways (+1.9%) made the day's only gain, as the Kuwait Stock Exchange ended trading up 0.5%. …

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Outlook 2010 for second tier Middle East airlines – Centre for Asia Pacific Aviation (subscription)

Stock Market News — Thu, 04 Mar 2010 00:32:05 +0000

Centre for Asia Pacific Aviation (subscription)

Outlook 2010 for second tier Middle East airlines
Centre for Asia Pacific Aviation (subscription)
Foreign investors acquired 34% of the carrier under the IPO, and the airline listed on the Amman Stock Exchange in Dec-2007. More recently, the carrier …

Dubai Financial Market posts net profit of Dhs346.6m in 2009 – AME Info

Stock Market News — Wed, 03 Mar 2010 05:49:46 +0000

ArabianBusiness.com

Dubai Financial Market posts net profit of Dhs346.6m in 2009
AME Info
Dubai Financial Market (PJSC), announced its results for the financial year ending 31st December 2009. The Company recorded a net profit of Dhs346.6m for …
Dubai Financial Market posts net profit of AED 346.6 million in 2009Zawya

DFM net profit drops as trading values declineGulfNews

all 10 news articles »

AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs – American Chronicle

Stock Market News — Tue, 02 Mar 2010 01:55:36 +0000

AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs
American Chronicle
1–TADAWUL EDGES LOWER: Saudi Arabia's Tadawul All Share Index slipped 0.21 percent today to close on 6424, with 47 stocks rising and 68 falling. …

NUM Serves Strike Notice on Gold Fields – PR Newswire (press release)

Stock Market News — Mon, 01 Mar 2010 07:19:53 +0000

NUM Serves Strike Notice on Gold Fields
PR Newswire (press release)
JOHANNESBURG, March 1, 2010 /PRNewswire-FirstCall/ — Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced that it has received …

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MAF Asset Management reduces fund size – Emirates Business 24/7

Stock Market News — Sun, 28 Feb 2010 05:38:47 +0000

MAF Asset Management reduces fund size
Emirates Business 24/7
Will the merger of DFM and Nasdaq Dubai help improve the liquidity and trading volume? The merger will have a positive impact on the trading volume and …

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Qatar Exchange to launch new products – Middle East North Africa Financial Network

Stock Market News — Sat, 27 Feb 2010 06:11:39 +0000

Qatar Exchange to launch new products
Middle East North Africa Financial Network
… previously known as Doha Securities Market, into an attractive and accessible financial centre for local and global markets and investors. …

Qatar Exchange to launch new products – Peninsula On-line

Stock Market News — Fri, 26 Feb 2010 02:50:07 +0000

Qatar Exchange to launch new products
Peninsula On-line
… previously known as Doha Securities Market, into an attractive and accessible financial centre for local and global markets and investors. …

Latham Watkins LLP > Roundtable Discussion Addresses Legal, Financial and … – Linex Legal (registration)

Stock Market News — Thu, 25 Feb 2010 00:07:33 +0000

Latham Watkins LLP > Roundtable Discussion Addresses Legal, Financial and …
Linex Legal (registration)
A panel of market specialists from Latham & Watkins, PricewaterhouseCoopers, Brunswick Gulf Ltd., NASDAQ Dubai and Dubai Financial Markets, moderated by …

AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs – Trading Markets (press release)

Stock Market News — Wed, 24 Feb 2010 00:10:01 +0000

AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs
Trading Markets (press release)
TADAWUL FALLS 0.24 PERCENT: Saudi Arabia's Tadawul All Share Index slipped 0.24 percent today to close on 6471, led by the Hotel & Tourism sector, …

Kuwait benchmark adds 22.1 pts in choppy trade; volume shrinks – Arab Times

Stock Market News — Tue, 23 Feb 2010 05:51:38 +0000

Kuwait benchmark adds 22.1 pts in choppy trade; volume shrinks
Arab Times
Kuwait Stock Exchange announced the suspension of shares trading of the some companies for non-submission of financial statements in the stipulated period. …

Kuwait’s Ambassador: We wish to build our relations on strong basis – Trend News Agency

Stock Market News — Mon, 22 Feb 2010 05:01:17 +0000

Trend News Agency

Kuwait's Ambassador: We wish to build our relations on strong basis
Trend News Agency
Kuwait's side is represented in the company by the company registered in the stock exchange, and even having special authority on Kuwait's Stock Exchange. …

Derayah issues its quarterly report analyzing investment directions in … – Al-Bawaba

Stock Market News — Sun, 21 Feb 2010 08:11:40 +0000

Derayah issues its quarterly report analyzing investment directions in …
Al-Bawaba
The report states: "Current P/E for Tadawul Index (TASI) is also above long-term averages. Therefore, we maintain a neutral stance regarding GCC markets". …

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Dubai’s Islamic Financial Services Firms to Support the Development of Islamic … – Dubai City Guide

Stock Market News — Sat, 20 Feb 2010 09:23:54 +0000

Dubai's Islamic Financial Services Firms to Support the Development of Islamic …
Dubai City Guide
… Yasaar Media; Amanie Islamic Finance and Yasaar Limited; IslamicAdvisory.com; NASDAQ Dubai as well as the Dubai International Financial Centre.

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Kuwait- KSE price index ends day up 29.9 points – Middle East North Africa Financial Network

Stock Market News — Fri, 19 Feb 2010 06:15:03 +0000

Kuwait- KSE price index ends day up 29.9 points
Middle East North Africa Financial Network
(MENAFN – Kuwait News Agency (KUNA)) The price index of Kuwait Stock Exchange (KSE) was up 29.9 points to 7396.5 points by end of trade on Thursday, …

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Air Arabia, NBAD, Qatar Industrial: Persian Gulf Equity Preview – BusinessWeek

Stock Market News — Thu, 18 Feb 2010 06:02:29 +0000

Air Arabia, NBAD, Qatar Industrial: Persian Gulf Equity Preview
BusinessWeek
The Kuwait Stock Exchange Index fell 1 percent, retreating for the first time in 12 days. Qatar's measure slipped 0.1 percent. Air Arabia PJSC (AIRARABI …

Bharti deal sends Zain shares rocketing on prospects of cash payout – Business Report

Stock Market News — Wed, 17 Feb 2010 02:10:20 +0000

Times Online

Bharti deal sends Zain shares rocketing on prospects of cash payout
Business Report
Zain, which released more details of the proposal yesterday as the Kuwait Stock Exchange lifted a two-day trading halt on its shares, said it expected to …
Bourse to keep Zain shares halted – reportReuters

Mittal dubs analysts' criticism as fairy talesEconomic Times
Bharti to pay $9 bn besides loan liabilitiesTelecom Yatra
BusinessWeek -Wireless Federation (blog) -ITP.net
all 1,162 news articles »

Emirates NBD, Etisalat, Jazeera, Zain: Gulf Equity Preview – BusinessWeek

Stock Market News — Tue, 16 Feb 2010 05:14:34 +0000

Emirates NBD, Etisalat, Jazeera, Zain: Gulf Equity Preview
BusinessWeek
The Kuwait Stock Exchange Index rose 1 percent. DP World Ltd. (DPW DU): The Middle East's biggest port operator is considering an initial share sale of its …

Aldar, Taqa, Zain, ADIB, Burgan, Sabic: Gulf Equity Preview – BusinessWeek

Stock Market News — Mon, 15 Feb 2010 05:30:03 +0000

Aldar, Taqa, Zain, ADIB, Burgan, Sabic: Gulf Equity Preview
BusinessWeek
The Kuwait Stock Exchange Index added 1.8 percent. Aldar Properties PJSC (ALDAR UH): Abu Dhabi's biggest real- estate developer reported its first-ever loss …

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Bharti going after Zain with a $10.7 Bn offer – Wireless Federation (blog)

Stock Market News — Sun, 14 Feb 2010 07:29:23 +0000

Bharti going after Zain with a $10.7 Bn offer
Wireless Federation (blog)
With acquisition talks abuzz, Zain's share price on the Kuwait Stock Exchange has risen by more than a fifth in about a week, raising it's value to $16.2 …

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Dubai Islamic Bank posts fall in profit – TopNews Arab Emirates

Stock Market News — Sat, 13 Feb 2010 05:07:21 +0000

TopNews Arab Emirates

Dubai Islamic Bank posts fall in profit
TopNews Arab Emirates
Rise in impairment charges and volatility in the financial market made the Dubai Islamic Bank PJSC to post fall in its full year net profit. …

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KSE index closes down in green, adds 8 pts at end of trading – Middle East North Africa Financial Network

Stock Market News — Fri, 12 Feb 2010 06:18:58 +0000

KSE index closes down in green, adds 8 pts at end of trading
Middle East North Africa Financial Network
(MENAFN – Kuwait News Agency (KUNA)) The price index of Kuwait Stock Exchange (KSE) closed down in green for Thursday's session, spiking eight points at end …

Omantel net profit climbs to 125m rials – Zawya

Stock Market News — Thu, 11 Feb 2010 08:04:15 +0000

Omantel net profit climbs to 125m rials
Zawya
Corresponding earnings for 2008 were RO 119.248 million, the telecom services provider announced in a declaration to Muscat Securities Market. …

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Aramex, Emirates NBD, Gulf Finance House: Gulf Equity Preview – BusinessWeek

Stock Market News — Wed, 10 Feb 2010 04:13:15 +0000

Aramex, Emirates NBD, Gulf Finance House: Gulf Equity Preview
BusinessWeek
The Dubai Financial Market General Index added 0.9 percent to 1660.97, while Saudi Arabia's Tadawul All Shares Index fell 0.3 percent to 6200.69. …

Nasdaq Dubai to Align Trading Hours With Dubai Financial Market – BusinessWeek

Stock Market News — Tue, 09 Feb 2010 05:15:24 +0000

Nasdaq Dubai to Align Trading Hours With Dubai Financial Market
BusinessWeek
9 (Bloomberg) — Nasdaq Dubai, the Gulf's first exchange open to investors and issuers of any nationality, plans to reduce its trading hours to attract more …
Nasdaq Dubai moves closer to DFM, alters hoursInteractive Investor

all 6 news articles »

Dubai Shares Rise as Salama Posts Profit; Kuwait Gains on Rates – BusinessWeek

Stock Market News — Mon, 08 Feb 2010 09:57:44 +0000

Dubai Shares Rise as Salama Posts Profit; Kuwait Gains on Rates
BusinessWeek
Abu Dhabi's ADX General Index added 0.6 percent while Qatar's Doha Securities Market Index and Oman's Muscat Securities Market 30 Index each rose 0.4 …

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Aldar, Mashreqbank, Raysut, Shuaa, Zain: Gulf Equity Preview – BusinessWeek

Stock Market News — Sun, 07 Feb 2010 05:39:51 +0000

Aldar, Mashreqbank, Raysut, Shuaa, Zain: Gulf Equity Preview
BusinessWeek
Saudi Arabia's Tadawul All Share Index lost 1.1 percent, while Abu Dhabi's measure dropped 0.7 percent and Bahrain's index fell 0.5 percent. …