Dubai Financial Market

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Recent Articles

• Kuwait extends record rally, Abu Dhabi slips again23 June 2008

  Kuwait hits 7th straight record close, while UAE capital's index slumps for 6th session.

• Kuwait touches another record high22 June 2008

  Main index adds 0.29%, helped by gains in Kuwait Finance House and National Bank of Kuwait.

• Al Jazeera Steel plans Dubai listing19 June 2008

  Kuwaiti-controlled Omani pipe maker to seek permission to offer shares on Dubai market.

• Kuwait makes it 3 straight record closes18 June 2008

  Main index bucks regional trend as markets across much of Gulf finish down for day.

• Shuaa shareholders back Kuwait delisting17 June 2008

  Proposal to treat GCC nationals as UAE nationals in relation to owning shares also approved.

• Kuwait sets fresh record close17 June 2008

  Benchmark makes it four consecutive positive closes, while Dubai's index drops almost 2%.

• Abu Dhabi leads charge on bullish day for Gulf markets16 June 2008

  Abu Dhabi's two main developers surge for second day on back of EFG-Hermes report.

• Oman plummets, Bahrain touches record high15 June 2008

  Muscat's main index drops more than 2% as shares of Bank Muscat sink 5.46%.

• Agility bags $174mn EU deal in Chad15 June 2008

  Kuwaiti logistics giant to construct, equip and power to dining facilities to service European trooops.

• Ajman Bank to list June 22 12 June 2008

  Islamic lender says will list shares on the DFM, after raising $149.8mn in February initial public offering.

• Banks lead Qatar to highest close in two weeks11 June 2008

  Main index closes up for 7th straight session, while Oman, Abu Dhabi continue winning form.

• Qatar up again, Oman back to winning ways10 June 2008

  Doha's index makes it six gains in a row, while Muscat's breaks two-day slump.

• Qatar makes it five gains in a row9 June 2008

  Main index finished day up 1.36%, with Saudi, Kuwait, Dubai and Bahrain also closing higher.

• Qatar continues sparkling run of form8 June 2008

  Main index ends day up for fourth session, while Oman slips up thanks to bank and telecom stocks.

• Oman drops for second straight day27 May 2008

  Muscat's main index ends down along with Saudi and Abu Dhabi, while remaining markets close higher.

• Kuwait contines bullish run26 May 2008

  Main index piles on gains for fifth straight day, with Abu Dhabi, Bahrain and Qatar also closing higher.

• Oman posts consecutive records25 May 2008

  Muscat benchmark finishes up 0.16%, while Saudi Arabia and UAE's measures also end the day higher.

• Qatar continues bull run, paces Gulf markets20 May 2008

  Doha index climbs on strong earnings expectations from flagship company Industries Qatar.

• Qatar continues to lead Gulf markets19 May 2008

  Muscat's main index posts new multi-year high as markets acorss much of Gulf claw back losses.

• Smaller Gulf markets set pace18 May 2008

  Oman, Qatar and Bahrain all finish higher, continuing to leave remaining GCC stock markets in their wake.

• Saudi market gets week off to disappointing start17 May 2008

  Index drops 1.21% to 9,664.54 points on poor performances from banks.

• Gulf shares end down on profit taking15 May 2008

  Oman and Bahrain only markets to sustain rally as investors bank profits on rising markets.

• Gulf markets post mixed results14 May 2008

  Shares rally across region, clawing back some of the losses incurred earlier in the week.

• Oman, Qatar hit fresh highs as other markets decline13 May 2008

  Oman ends day above 11,400 points for first time, while Qatar touches 28-month high.

• Banks recover losses to drive markets higher12 May 2008

  Saudi the only loser, with the rest of Gulf's markets all ending up for the day.