Tuesday, 12 May 2009

• Zain lifts Kuwait after contract win Companies and Markets

  UPDATE 2: Kuwait's KWSE marginally up as Zain bags contract for Iran's 3rd mobile network licence.

  Sector: Financial Markets

Monday, 11 May 2009

• Banks, real estate drag Dubai to lower finish Companies and Markets

  UPDATE 6: Kuwait, Qatar both end lower for first time in 9 sessions, Saudi also ends down.

  Sector: Financial Markets

Sunday, 10 May 2009

• Saudi index climbs to 26-week high on back of telecoms, petro Companies and Markets

  UPDATE 6: Abu Dhbai's benchmark ended higher for fifth straight session. 

  Sector: Financial Markets
• ‘Green shoots’ won’t lead economies out of the woods Companies and Markets

  Though some experts are seeing "green shoots" of recovery, "we aren't out of the woods yet", says Matthew Lynn.

  Sector: Banking & Finance, Financial Markets

Friday, 8 May 2009

• Dubai's Shuaa Capital posts $54m Q1 net loss Results

  Investment bank posts AED197.9m net loss as it books losses on investments.

  Sector: Banking & Finance
• Trading confidence Funds

  The global credit crisis has wreaked havoc with regional stock exchanges. Claire Ferris-Lay talks to Malcolm Wall Morris, CEO of the Dubai Gold & Commodities Exchange about how he is trying to boost investor confidence across the Gulf.

  Sector: Banking & Finance, Financial Markets

Thursday, 7 May 2009

• Qatar ends higher for seventh session Companies and Markets

  UPDATE 1: Bank gains help the Oman benchmark MSI end higher for a sixth session in seven.

  Sector: Financial Markets

Wednesday, 6 May 2009

• Arabtec deal rumours push Dubai index to close higher Companies and Markets

  UPDATE 4: Dubai's index climbs 1.3%, trading in SABIC hit two-year high.

  Sector: Financial Markets

Sunday, 3 May 2009

• Crisis control Companies and Markets

  Auguste Kouame, lead economist for the MENA at the World Bank discusses the effects of the economic crisis on the region.

  Sector: Banking & Finance, Politics & Economics, Financial Markets
• The wise man of Wall Street Companies and Markets

  Mohamed El Erian, CEO of Pimco talks banks, bailouts and the benefits of investment tips from five-year-olds.

  Sector: Banking & Finance, Financial Markets

Saturday, 2 May 2009

• Petrochemicals lead Saudi gains Companies and Markets

  Four-week high for oil price on back of upbeat US economy, all-share index up 0.33%.

  Sector: Financial Markets

Wednesday, 29 April 2009

• Dubai sees largest one day rise since March 24 Companies and Markets

  UPDATE 7: UAE property stocks resurgent, du adds 5% after releasing healthy Q1 profits .

  Sector: Financial Markets

Tuesday, 28 April 2009

• Dubai Islamic Bank's Q1 profits plunge 33% Results

  UAE’s biggest bank complying with Islamic financial law says profits low on provisions for bad loans.

  Sector: Islamic Finance
• Saudi index ends higher as largecaps gain Companies and Markets

  UPDATE 5: Property companies continue to outperform the market in Qatar.

  Sector: Financial Markets

Monday, 27 April 2009

• UAE's Rakbank reports 13% growth in Q1 profits Results

  National Bank of Ras Al Khaimah reports a net profit of AED160.37m ($44m) in Q1.

  Sector: Banking & Finance
• National Bank of Abu Dhabi Q1 net profit down 12% Results

  UAE money lender beats market forecasts; earns $209.7m net profits in Q1.

  Sector: Banking & Finance
• Abu Dhabi's Aabar quadruples Q1 profit Results

  Stakeholder in German carmaker Daimler earns $48.19m in Q1; gains on derivatives, currency fluctuations.

  Sector: Banking & Finance
• UAE stocks slump on Q1 earnings Companies and Markets

  UPDATE 3: Real estate and banking stocks tumble on poorly received first quarter results.

  Sector: Financial Markets

Sunday, 26 April 2009

• Deyaar reports 73% decline in Q1 net profit Results

  Dubai-based real estate player posts $128m Q1 revenues, in line with co's forecasts.

  Sector: Real Estate
• Kuwait's Global posts Q4 loss of $1.36bn Results

  Impairment charges for investments and loans affects performance of Kuwait's biggest investment bank.

  Sector: Banking & 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