Middle East ETF News Older than One Year


Dubai developers rise as bank shares fall back

February 17, 2014--The Dubai Financial General Index (DFMGI) closed 0.63 per cent higher at 4,224.01 points on Monday February 17, as trading volumes remained at bullish levels.

Emaar Properties edged up by 1.18 per cent to AED8.55. After the market closed, Emaar said it netted in 2013 an (unaudited) income of AED2.568 billion or US$699 million, up ...

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Source: AME Info


Egypt: Egypt Bourse Gains Egp 1.9 Billion

February 17, 2014--The Egyptian Stock Exchange (EGX) made more profits at the end of trading on Thursday 13/02/2014,

backed by intensive purchases by Arab and foreign investors along with the Egyptian institutions.< href="http://allafrica.com/stories/201402172023.html" TARGET="_top">view more

Source: AllAfrica.com


DSI falls back despite profit surge and record-high backlog

February 13, 2014--The Dubai Financial General Index DFMGI closed 1.29 per cent higher at 4,073.56 points, on Thursday February 13.

Arabtec, as the most liquid share, ended up 0.40 per cent higher at AED4.99. Drake and Scull International (DSI) declined by 0.56 per cent to AED1.79. Earlier in the day, DSI said that its net income in ...

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Source: AME Info


Ahli United Bank helps private banking clients to invest in London

February 13, 2014--The Bahrain All Share Index gained 0.23 per cent to 1,317.94 points on Thursday, February 13.

Cinema climbed the most, ending ten per cent higher at BD1.43. Ahli United Bank (AUB) slipped by 1.88 per cent to $0.785. Earlier in the day, AUB said that it recently updated its private banking clients about property investments...

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Source: AME Info


Waha Capital share advances close to AED3

February 13, 2014--The Abu Dhabi market index ADXGI rebounded by 0.50 per cent to 4,892.41 points on Thursday, February 13.

Maritime, aviation financing and leasing specialist Waha Capital was the most liquid share, finishing 3.73 per cent higher at AED2.78.

Real estate leader Aldar Properties dipped by 1.50 per cent to AED3.35. Approximately 270 million shares were...

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Source: AME Info


Qatar National Bank rises near to QAR200

February 13, 2014--The QE 20 Index advanced by 0.80 per cent to 11,452.97 points on Thursday, February 13.

Qatar National Bank advanced by 0.80 per cent to QAR189.50. Ooredoo (formerly Qatar Telecom) edged up by 1.64 per cent to QAR148.50. The shares of National Leasing fell the most, ending off by 4.07 per cent to QAR29.45.

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Source: AME Info


Fitch: Egypt's ratings stabilised but rapid recovery unlikely

February 13, 2014--Fitch Ratings says in a new report that Egypt's ratings have stabilised on tentative political and economic improvements, but rapid upgrades are unlikely.

In early January 2014 Fitch took Egypt's Long-Term Foreign-Currency rating off Negative Outlook for the first time since January 2011. Over this period Egypt's ratings were downgraded by a cumulative five notches.

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Source: AME Info


Saudi Kayan results remain in the red, shares dip

February 12, 2014--The Tadawul All Share Index declined by 0.17 per cent to 8,859.20 points on Wednesday,, February 12.

Saudi Kayan Petrochemical Company lost 0.33 per cent, falling to SAR15.10. Earlier in the day, Saudi Kayan said that it recorded a net loss of SAR346.41 million ($93.53m) in 2013, representing an improvement of 55 per cent year...

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Source: AME Info


Bahrain shares gain across the board

February 12, 2014--The Bahrain All Share Index added 0.15 per cent to 1,314.94 points on Wednesday, February 12.

Since January 1, the gauge gained 5.29 per cent. Khaleeji Commercial Bank soared 6.82 per cent to BD0.047, ending the session as the top gainer. As the lone loser, Aluminium Bahrain dipped 1.25 per cent to BD0.474.

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Source: AME Info


Aldar shares dive, but full year-net profit up 67 per cent

February 12, 2014--The Abu Dhabi market index ADXGI fell by 0.16 per cent to 4,863.87 points on Wednesday, February 12. Aldar Properties, the biggest developer in the UAE capital, plummeted by 4.23 per cent to AED3.40.

Earlier in the day, Aldar said that its full-year net profit increased by 67 per cent year on year to AED2.25...

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Source: AME Info


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