Markets / Equities » Stocks

Last Updated: Mon, Feb 8 2016 | 3:51 PM |

Dubai, Qatar stock markets rise in early trading

Abu Dhabi’s bourse weighed by blue-chip lenders First Gulf Bank and Abu Dhabi Commercial Bank

UAE, Qatar trade lower as oil prices dip below $30 a barrel mark

Shares in Arabtec and Drake and Scull fell 1.7 and 4.5 percent respectively, while Emaar traded down 2.4 percent

Griffon Capital launches $108m offshore Iran-focused equity fund

Move follows lifting of nuclear sanctions against the country which will allow some foreign investors to invest more freely

Top Gainers

COMPANY PRICE CHANGE % CHANGE
INT FISH FARMING AED 5.86 0.76 14.90 %
ABD NAT TAKAFUL AED 5.25 0.65 14.13 %
METHAQ AED 0.56 0.03 5.66 %
AGTHIA GROUP AED 7.25 0.33 4.77 %
DANA GAS AED 0.48 0.02 4.35 %
RAK CERAMICS AED 3.20 0.12 3.90 %
Data delayed at least 15 minutes

Top Losers

COMPANY   PRICE CHANGE % CHANGE
AD NATL INS CO AED 2.35 -0.26 -9.96 %
UNION NATL BK AED 3.43 -0.13 -3.65 %
FINANCE HOUSE AED 1.95 -0.05 -2.50 %
MANAZEL CO / PVT AED 0.53 -0.01 -1.85 %
AD ISLAMIC BK AED 3.49 -0.05 -1.41 %
NATL BK OF AD AED 8.09 -0.09 -1.10 %
Data delayed at least 15 minutes

Opinion » Opinion RSS

Getting funded in the Middle East: how to improve your odds

Getting funded in the Middle East: how to improve your odds

The Luxury Closet had a spectacular year in 2015: it achieved triple-digit growth and managed to secure $3.2 million in its series of funding from key regional institutional investors, including Middle East Venture Partners and Wamda Capital. Kunal Kapoor, the founder of The Luxury Closet, shares some of the insights he gained along the way.

Small businesses in the UAE need more support than ever

Small businesses in the UAE need more support than ever

Fees, red tape, a slowdown in lending and the tough economic conditions are all combining to produce a grim period for the country’s SMEs, says Ed Attwood

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5 money saving tips for start-ups

5 money saving tips for start-ups

For new businesses, costs are high and money is often tight. Chantal Bechervaise suggests five ways to save some of that all important cash

What to do when somebody copies your website

What to do when somebody copies your website

After building a unique website, the team behind medical tourism start-up, Medigo, discovered someone was taking advantage of their hard work. Chief product officer and co-founder, Ieva Soblickaite, and head of content, Florence Collins, explain what they did when they found out their website was being copied

How Saudi Arabia successfully defended its US oil market share

How Saudi Arabia successfully defended its US oil market share

Saudi crude exports to the United States have remained relatively constant at around 1.2 million barrels per day since 2009

Should the UAE reconsider the mortgage cap?

Should the UAE reconsider the mortgage cap?

Regulation is an evolving process; it may be time for change, again, argues Ed Attwood

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Changing lanes: IAAF president Sebastian Coe

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How Kuwait is oiling the wheels of national reform

How Kuwait is oiling the wheels of national reform

Kuwait has for years sat on the sidelines while its neighbours rapidly modernised...

Rising from the ashes: The UAE's insolvency dilemma

Rising from the ashes: The UAE's insolvency dilemma

The UAE is close to finalising a modern insolvency law that would allow struggling...

1
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