Most recent

• UAE indexes extend losses; property weighs Companies and Markets

  UPDATE 5: DFM ends lower for 5th session in 6 as losers outnumber gainers 16:3.

  Sector: Financial Markets

Wednesday, 18 November 2009

• SABIC weighs as Saudi index ends lower Companies and Markets

  UPDATE 5: Oman's MSI ends slightly higher after trading sideways for most of the session.

  Sector: Financial Markets

Tuesday, 17 November 2009

• Saudi Almarai eyes 50% of Egypt dairy market by 2013 Companies and Markets

  Middle east's dairy giant to invest $18.3m to bring its buyout, Beyti's units to full capacity.

  Sector: Retail
• Saudi stocks gain, industrials strong Companies and Markets

  UPDATE 6: Kuwait's index posts its biggest single-day decline since July 6.

  Sector: Financial Markets

Saturday, 14 November 2009

• Air Arabia Q3 profit down 9% on H1N1, Ramadan Results

  Sharjah-based carrier makes net profit of $39.2m in the three months to end-Sept.

  Sector: Transportation

Friday, 13 November 2009

• Fresh risks Companies and Markets

  The trend for specialised SWFs to seek global credit ratings may give them new sources of financing.

  Sector: Banking & Finance, Financial Markets

Thursday, 12 November 2009

• Omantel expects to take $24m hit in Q4 Companies and Markets

  Oman Telecoms sees OR9.2m one-off charge after offering voluntary redundancies in a bid to cut costs.

  Sector: Banking & Finance, Technology
• UAE's Dana Gas posts 64% higher Q3 gross profit Companies and Markets

  Natural gas firm records AED359m ($97.74m) revenues in Q3, which is up 12%.

  Sector: Energy, Financial Markets
• Qatar Commercial bank to use bonds for growth Bonds

  Qatari bank to apply proceeds from $1.6bn bonds to repay debt, future expansion.

  Sector: Banking & Finance, Financial Markets
• Dubai falls for first day in five; Emaar down Companies and Markets

  UPDATE 6: Oman's MSI ends lower for fourth session in six; Bank Muscat biggest drag.

  Sector: Financial Markets

Wednesday, 11 November 2009

• Saudi banks lead index to higher close Companies and Markets

  Late surge pushes Dubai's DFM above psychologically vital 2,200-level, reaching a two-week high.

  Sector: Financial Markets
• Gulf Air expects $500m loss in 2009 - paper Results

  Loss figure presented by the state owned Bahraini carrier to parliament.

  Sector: Transportation
• Gulf Finance House swings to Q3 loss on lower income Results

  Investment firm records Q3 loss of $29m; posts its fourth consecutive quarterly loss.

  Sector: Banking & Finance
• Omantel's Q3 profit edges up 1.9% to $85.2m Results

  Omani telecoms operator posts profit below analysts' forecast.

  Sector: Technology

Tuesday, 10 November 2009

• Oman annual inflation falls to 1.25% in Sept Bonds

  Omani consumer price index stood at 130.1 points in Sept after a brief uptick in Aug.

  Sector: Politics & Economics
• Selective buying lifts UAE benchmarks Companies and Markets

  UPDATE 6: Telecoms operator Zain drags Kuwait's KWSE lower while Saudi also falls.

  Sector: Financial Markets

Saturday, 7 November 2009

• Dubai’s debt move Bonds, Sukuk

  Investors anxiously await the fate of Nakheel’s $3.5bn sukuk, & the next installment of Dubai’s $10bn bailout fund.

  Sector: Banking & Finance, Islamic Finance

Wednesday, 4 November 2009

• Saudi ends higher tracking global strength Companies and Markets

  UPDATE 3: Volatile trading in Emaar Properties continues as it ends 6.2% higher.

  Sector: Financial Markets

Tuesday, 3 November 2009

• SABIC, banks weigh on Saudi index Companies and Markets

  UPDATE 6: Dubai's DFM slips 5% while most other Gulf benchmarks also decline.

  Sector: Financial Markets

Thursday, 29 October 2009

• Choosing Islamic finance Bonds, Sukuk, Companies and Markets

  Why gov'ts in Muslim nations in the Middle East and Asia are increasingly turning to Islamic finance to raise funds.

  Sector: Islamic Finance

MIDDLE EAST MARKETS DATA

• Abu Dhabi Securities Exchange
• Amman Stock Exchange
• Bahrain Stock Exchange
• Beirut Stock Exchange
• DFM General Index
• Kuwait Stock Exchange
• Muscat Securities Market
• Qatar Exchange