Most recent

• Saudi index ends higher before Eid break Companies and Markets

  UPDATE 8: Real estate shares lift index in Dubai while Aabar boosts Abu Dhabi.

  Sector: Financial Markets

Monday, 23 November 2009

• Dubai index rebounds from 10-week low Companies and Markets

  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 Companies and Markets

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

  Sector: Financial Markets

Saturday, 21 November 2009

• Islamic finance steps up Sukuk

  Natsuko Waki looks at why governments in the Middle East and Asia are taking on a greater role to deepen Islamic finance markets.

  Sector: Banking & Finance, Financial Markets, Islamic Finance

Thursday, 19 November 2009

• 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

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