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Friday, 27 November 2009 00:31 UAE time

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Thursday, 12 November 2009

Kuwait bourse warns 25 firms over late Q3 results

Financial Markets
Comm Bank of Kuwait, Burgan Bank among firms whose stocks face possible suspension.

Kuwait bourse warns 25 firms over late Q3 results

UAE's Dana Gas posts 64% higher Q3 gross profit

Financial Markets
Natural gas firm records AED359m ($97.74m) revenues in Q3, which is up 12%.

UAE's Dana Gas posts 64% higher Q3 gross profit

Qatar Commercial bank to use bonds for growth

Financial Markets
Qatari bank to apply proceeds from $1.6bn bonds to repay debt, future expansion.

Qatar Commercial bank to use bonds for growth

Dubai falls for first day in five; Emaar down

Financial Markets
UPDATE 6: Oman's MSI ends lower for fourth session in six; Bank Muscat biggest drag.

Dubai falls for first day in five; Emaar down

Wednesday, 11 November 2009

Saudi banks lead index to higher close

Financial Markets
Late surge pushes Dubai's DFM above psychologically vital 2,200-level, reaching a two-week high.

Saudi banks lead index to higher close

Tuesday, 10 November 2009

Selective buying lifts UAE benchmarks

Financial Markets
UPDATE 6: Telecoms operator Zain drags Kuwait's KWSE lower while Saudi also falls.

Selective buying lifts UAE benchmarks

Monday, 09 November 2009

Emaar leads gains as Dubai closes higher

Financial Markets
UPDATE 6: Property stocks boost Dubai but volumes are at eight-week low.

Emaar leads gains as Dubai closes higher

Sunday, 08 November 2009

Property stocks help UAE markets advance

Financial Markets
UPDATE 6: Emaar, Sorouh shares on the up, while Qatar advances, Saudi falls.

Property stocks help UAE markets advance

Saturday, 07 November 2009

Petchems help Saudi end higher

Financial Markets
The Saudi index TASI ends up 0.12 percent to 6,351 points, led higher by SABIC.

Petchems help Saudi end higher

Thursday, 05 November 2009

Dubai extends slide; Abu Dhabi also falls

Financial Markets
UPDATE 6: Dubai's DFM falls 1.9% as a late rally enables it to rebound from an intraday low.

Dubai extends slide; Abu Dhabi also falls

Wednesday, 04 November 2009

Saudi ends higher tracking global strength

Financial Markets
UPDATE 3: Volatile trading in Emaar Properties continues as it ends 6.2% higher.

Saudi ends higher tracking global strength

Tuesday, 03 November 2009

UAE's Daman Investments eyes IPO by 2012

Financial Markets
Investment firm to raise shareholder base to a maximum of 4m shares over next 3 yrs.

UAE's Daman Investments eyes IPO by 2012

SABIC, banks weigh on Saudi index

Financial Markets
UPDATE 6: Dubai's DFM slips 5% while most other Gulf benchmarks also decline.

SABIC, banks weigh on Saudi index

Monday, 02 November 2009

Mideast IPO activity slumps in Q3

Financial Markets
Ernst & Young report says total value of IPOs was $871m, compared to $3.74bn in same period in 2008.

Mideast IPO activity slumps in Q3

Dubai index posts biggest one-day gain since Feb

Financial Markets
UPDATE 6: Real estate, bank stocks surge on DFM while Kuwait closes higher.

Dubai index posts biggest one-day gain since Feb

Sunday, 01 November 2009

Banks, real estate shares weigh on UAE markets

Financial Markets
UPDATE 6: Saudi index is only Gulf market that ends in positive territory on day of falls.

Banks, real estate shares weigh on UAE markets

Saturday, 31 October 2009

Dubai to help set up Yemen stock exchange

Financial Markets
Senior Yemeni official says in talks with DFM, aims for launch by year end.

Dubai to help set up Yemen stock exchange

Saudi index suffers biggest one-day fall since June

Financial Markets
UPDATE 1: Market heavyweight falls 3.66% as tadawul declines by 2.69%.

Saudi index suffers biggest one-day fall since June

Thursday, 29 October 2009

Qatar index sees biggest fall since July

Financial Markets
UPDATE 6: Sorouh, Arabtec, Emaar shares all drop as most Gulf markets struggle.

Qatar index sees biggest fall since July

Wednesday, 28 October 2009

DFM company posts 67% drop in net profit

Financial Markets
Net profit reported of AED258m for Jan-Sept, compared to AED781m for same period 2008.

DFM company posts 67% drop in net profit

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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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