Middle East ETF News Older than One Year
Saudi bourse glues at 6-year high as kingdom eases foreign access to mega projects
August 19, 2014--Like on Monday, the Tadawul All-Share Index edged up by 0.10 per cent, finishing to hit 10,569.56 points on Tuesday, August 19.
Earlier in the day, Saudi daily Arab News reported that Saudi Arabia, the biggest oil producer in world, has eased procedures for major international companies to participate in the country’s vital projects in infrastructure,
Source: AME Info
Beaten boys join Dubai market recovery, Emaar at 2.5-month high
August 19, 2014--The Dubai stock market index DFMGI gained for the second session straight on Tuesday, August 19, closing 0.55 per cent to hit 4,852.06 points.
Steadily approaching the 5,000 points, which the gauge has seen the last time on June 8, shares coming under pressure recently joined the mini-rally.
Source: AME Info
Banks, industrials surge in Doha despite MSCI reversal on Mesaieed
August 18, 2014--The Qatar Exchange (QE) Index closed 1.70 per cent higher at 13,644.64 points on Monday, August 18.
The QE Al Rayan Islamic Index rose likewise by 1.70 per cent to hit 4,707.59 points. Qatar Islamic Bank surged 4.10 per cent, finishing at QAR115.
Source: AME Info
DP World soars ahead of H1 financial report
August 18, 2014--The FTSE NASDAQ Dubai UAE 20 Index closed 1.06 per cent higher at 4,423.52 points on Monday, August 18.
Dubai Ports (DP) World, the most valuable firm listed on the Middle East's only international market, climbed 1.75 per cent to hit $20.40.
Source: AME Info
Sudatel soars at Abu Dhabi market on H1 results
August 18, 2014--Abu Dhabi-listed shares performed mixed on Monday, August 18, with the equity market index ADXGI rising by 0.70 per cent at 5,051.53 points.
Sudanese telecom firm Sudatel jumped 7.22 per cent to close at AED1.04.
Source: AME Info
Dubai developers gain on EC Harris report
August 18, 2014--The Dubai stock market index DFMGI advanced by 0.74 per cent to hit 4,825.60 points on Monday, August 18.
Emaar and Union Properties, the first and second developers in Dubai, gained 1.50 per cent and one per cent, respectively. Aman Insurance lost the most, ending off 2.30 per cent at AED0.904.
Source: AME Info
Saudi market steady after IMF upgrade for kingdom
August 18, 2014--The Tadawul All-Share Index closed 0.10 per cent higher at 10,650.09 points on Monday, Aug. 18.
Earlier in the week, the IMF upgraded its growth forecast for the oil-rich kingdom for 2014 to 4.6 per cent, from 4.1 per cent.
Source: AME Info
Aldar up, Dana flat, Arkan Building Materials plummets
August 14, 2014--In Abu Dhabi, shares ended a volatile week mixed, leaving the market index ADXGI up one per cent at 5,052.94 points on Thursday, Aug. 14.
Aldar Properties, the first developer in the UAE capital, added 0.92 per cent to hit AED3.69. Dana Gas stabilised at AED0.71.
Source: AME Info
Qatar market reacts slightly to Credit Suisse's FIFA dropout scenario
August 14, 2014--The Qatar Exchange 20 Index slipped 0.13 per cent to 13.505.26 points on Thursday, August 14.
Earlier in the day, Credit Suisse revealed in a study on the possible impact on the Qatari economy that if the gas-rich state would lose its role of hosting the 2022 FIFA World Cup, the short-term effect would translate...
Source: AME Info
Emaar slips as mall IPO date remains open
August 14, 2014--The Dubai Financial Market General Index advanced by 0.17 per cent to reach 4,813.06 points on Thursday, August 14.
Emaar fell by 0.50 per cent to AED10.05.
Source: AME Info
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