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

Tuesday, 27 October 2009

• Abu Dhabi Commercial Bank stocks plunge on Q3 results Companies and Markets

  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 Companies and Markets

  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 Companies and 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 Companies and Markets

  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 Companies and Markets

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

  Sector: Financial Markets

Monday, 19 October 2009

• SABIC stock surges on Q3 results to lift Saudi index Companies and Markets

  UPDATE 5: Emaar helps to spur recovery in Dubai while Kuwait closes lower.

  Sector: Financial Markets

Saturday, 17 October 2009

• Al-Rajhi Bank leads Saudi index up Companies and Markets

  UPDATE 1: Saudi's benchmark closes 0.26% lower, led by Sabic, Al-Rajhi Bank.

  Sector: Financial Markets

Thursday, 15 October 2009

• No big deal(s)? Equity, Companies and Markets

  Private equity firms in the Middle East are low on leverage and high on cash, with around $11bn of unspent capital in their coffers.

  Sector: Banking & Finance, Financial Markets

Wednesday, 14 October 2009

• Emaar Properties stock hits 49-week high Companies and Markets

  UPDATE 8: Shares surge 6.5%, while Saudi index advances to high mark in 2009.

  Sector: Financial Markets

Tuesday, 13 October 2009

• Emaar shares hit an 11-month high Companies and Markets

  UPDATE 6: Stock is up 1.1%, while Qatar and Saudi end lower, Kuwait up, lead by Zain.

  Sector: Financial Markets

Monday, 12 October 2009

• Dubai index sees highest close since Nov 2008 Companies and Markets

  UPDATE 5: Emaar stocks rise 2.9%, while Saudi index closes almost unchanged.

  Sector: Financial Markets

Sunday, 11 October 2009

• UAE bourses end on positive note Companies and Markets

  UPDATE 7: Bullish comments about economic prospects lift stocks.

  Sector: Financial Markets

Saturday, 10 October 2009

• Saudi Dar Al Arkan Q3 profit down 14.4% Results

  Saudi's largest developer by market value sees profits drop on downturn.

  Sector: Real Estate
• Saudi's Almarai Q3 profit rises 24% Results

  Gulf region's largest dairy company boosts profits despite slowdown in sales in third quarter of 2009.

  Sector: Construction & Industry

Thursday, 8 October 2009

• Qatar Nat'l Bank Q3 dips as fees down, provisions up Results

  Net profit in 3 months to Sept 30 falls to $291.1m, represents 7.5% drop.

  Sector: Banking & Finance

Wednesday, 7 October 2009

• Abu Dhabi index touches year-high during trading Companies and Markets

  UPDATE 5: Expected good Q3 results push index higher, while Qatar, Dubai close down.

  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