Companies and Markets

Most recent

• Dubai index rebounds from 10-week low

  UPDATE 5: Index mades largest one-day gain since Nov 4, while gold price hits record high.

  Sector: Financial Markets

Sunday, 22 November 2009

• Emaar stocks main drag on Dubai index

  UPDATE 4: Shares fall 4.4%, while late banking rally helps Saudi to higher close.

  Sector: Financial Markets

Thursday, 19 November 2009

• UAE indexes extend losses; property weighs

  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

  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

  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

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

  Sector: Financial Markets

Friday, 13 November 2009

• Fresh risks

  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

  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

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

  Sector: Energy, Financial Markets
• Dubai falls for first day in five; Emaar down

  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

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

  Sector: Financial Markets

Tuesday, 10 November 2009

• Selective buying lifts UAE benchmarks

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

  Sector: Financial Markets

Wednesday, 4 November 2009

• Saudi ends higher tracking global strength

  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

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

  Sector: Financial Markets

Thursday, 29 October 2009

• Choosing Islamic finance

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

  Sector: Islamic Finance

Tuesday, 27 October 2009

• Abu Dhabi Commercial Bank stocks plunge on Q3 results

  UPDATE 7: Shares fall 8.3% after the bank reports a significant dip in Q3 profits.

  Sector: Financial Markets

Sunday, 25 October 2009

• Emaar shares rise on back of better Q3 results

  UPDATE 8: Property giant's better than expected earnings lifts DFM, Saudi ends lower.

  Sector: Financial Markets

Thursday, 22 October 2009

• UAE markets end down tracking weak sentiment on global markets

  UPDATE 4: Both indexes fall for fourth session in five.

  Sector: Financial Markets

Wednesday, 21 October 2009

• Property and banking stocks push Dubai to lower close

  UPDATE 7: Index drops 1.6%, while Saudi, Abu Dhabi end down.

  Sector: Financial Markets

Tuesday, 20 October 2009

• Emirates NBD shares weigh on Dubai index

  UPDATE 5: Dubai ends lower, while Abu Dhabi up, banks lead Qatar to higher close.

  Sector: Financial Markets

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