| Batelco, Al Baraka Banking Group push higher at Bahrain Bourse-continued | |||||
| March 21, 2012--The Bahrain All Share Index closed 0.06% higher at 1,147.65 points Wednesday. | |||||
| Islamic bank Al Baraka Banking Group advanced 1.90%, while Bahrain Telecom or Batelco added half a percent. Earlier in the day Al Baraka announced its Annual General Meeting of Al Baraka Banking Group approves cash dividend payouts and bonus shares to shareholders of $175.36m. Shares of Aluminium Bahrain slipped 0.90%, weighing on the Manama-based gauge. | |||||
| AME Info | |||||
| Middle East ETP News |
| Greater Confidence in Economic Growth and Resilience for MENA Region | |||
| MENA economies compare favourably with those of southern Europe Governments urged to give greater role to private sector May 25, 2013--Prime Minister of the Hashemite Kingdom of Jordan Abdullah Abdulkarim Hamdan Ensour said that Jordan is on a long-term growth track, after years of deep economic, political and social challenges in the region. | |||
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| WEF-Arab World Competitiveness Report 2013 | |||
| May 24, 2013--The Arab World Competitiveness Report 2013 is a World Economic Forum-EBRD collaboration which analyses and benchmarks countries' competitiveness in the Arab world. | |||
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| DP World shares stuck below $16 | |||
| May 23, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed at 2,555.38 points, down 1.25% from the previous close. | |||
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| Doha Bank jumps on UAE's SME bandwagon | |||
| May 23, 2013--The QE 20 Index closed 0.41% lower at 9,048.62 points on Thursday. | |||
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| Bonds weak on rand ahead of MPC | |||
| May 23, 2013--South African bonds were weak in midday trade on Thursday due to a soft rand ahead of the monetary policy committee (MPC) decision due shortly after 15:00. | |||
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| Abu Dhabi bourse loses the fourth day straight | |||
| May 23, 2013--The ADX General Index suffered from another session of profit booking, finishing 1.23% lower at 3,460.36 points on Thursday. | |||
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| Arabtec advances, invites shareholders to sign up for capital increase | |||
| May 23, 2013--The Dubai Financial Market (DFM) General Index ended the week with a day-loss of 0.76%, closing at 2,305.62 points. | |||
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| Bahrain Bourse gains on IMF's GDP growth forecast | |||
| May 22, 2013-The Bahrain All-Share Index finished the trading session on Wednesday with a gain of 0.14%, closing at 1,168.86 points. | |||
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| Samba soars after Fitch afffirms Saudi bank's investment grade rating | |||
| May 22, 2013--The Saudi Stock Exchange consolidated at a 1-year high, closing 0.11% higher at 7,363.13 points. | |||
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| Bahrain Bourse gains on IMF's GDP growth forecast | |||
| May 22, 2013--The Bahrain All-Share Index finished the trading session on Wednesday with a gain of 0.14%, closing at 1,168.86 points. | |||
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| Qatari shares gain across the board | |||
| May 22, 2012--The QE 20 Index added 0.54% to close at 9,085.90 points Wednesday. | |||
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| Kuwait Stock Exchange bucks global markets' retreat | |||
| May 21, 2013--The KSE Market Index advanced 1.43% to close at 8,242.31 points Tuesday. | |||
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| Islamic Finance: where next for the industry | |||
| May 21, 2013--While the comeback of stock market rallies investment banking, the Shari'ah-compliant industry faces its toughest test since it entered its boom phase a decade ago. | |||
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| Dar Al Arkan slips as developer kicks off sukuk roadshow | |||
| May 21, 2013--The Tadawul All-Share Index ended up 0.66% at 7,355.27 Tuesday. | |||
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| Sabic reaches 1-month high | |||
| May 20, 2013--A lacklustre Tadawul All-Share Index closed 0.10% higher at 7,307.36 points. | |||
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| Qatar Electricity and Water rises, launches power investment firm | |||
| May 20, 2013--The Doha-based Qatar Exchange 20 Index rose 0.61% to close at 9,064.31 points on Monday. | |||
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| Abu Dhabi developers dip on profit booking | |||
| May 20, 2013--The ADX General Index declined 1.15% to 3,523.34 on Monday. | |||
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| Bahrain posts 20% growth in nonoil trade | |||
| May 20, 2013--According to a report by Global Investment House (GIH), Bahrain's real GDP is estimated to have expanded 3.9% in 2012 from the 1.9% growth seen a year earlier, Arab News has reported. | |||
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| Depa shares soar after Arabtec influence clarified | |||
| May 16, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed 0.10% lower at 2578.71. | |||
| read more | |||
| Depa shares soar after Arabtec influence clarified | |||
| May 16, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed 0.10% lower at 2578.71. | |||
| read more | |||
| Qatar Exchange loses slightly | |||
| May 16, 2013--The QE 20 Index fell 0.20% to 8,916.90 points Thursday. | |||
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| Record gaining streak halted in Manama | |||
| May 16, 2013--The Bahrain All-Share Index slipped 0.05% to 1,147.85 in a dull trading session on Thursday. | |||
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| Aldar Properties finishes week at 3-year high | |||
| May 16, 2013--The Abu Dhabi market measure ADX General Index consolidated at a 4-year high, closing up 0.10% at 3,514.17 Thursday. | |||
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| Dubai bourse near 2,300, GGICO rises 75% in 2 weeks | |||
| May 16, 2013--A volatile but resilient Dubai market opened lower Thursday but eventually closed 0.41% higher at 2,296 points. | |||
| read more | |||
| Record gaining streak halted in Manama | |||
| May 16, 2013--The Bahrain All-Share Index slipped 0.05% to 1,147.85 in a dull trading session on Thursday. | |||
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| Oversold Saudi bourse bounces back on insurance shares | |||
| May 15, 2013--The Tadawul All-Share Index ended a 3-added 0.11% to reach 7,147.42 points Thursday. | |||
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| Kuwait Stock Exchange loses terrain | |||
| May 15, 2013--The KSE Market Index fell by 0.63% to 7,813.05 points. | |||
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| Depa dives as NASDAQ Dubai resumes trading | |||
| May 15, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed 1.27% higher at 2581.20 points Wednesday. | |||
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| Dubai market gains the fourth day straight | |||
| May 13, 2013--Despite mixed input from East Asian exchanges, the DFM General Index gained 0.50% Monday, closing at 2,195 points. | |||
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| IIF Sees Robust Growth and Progress on Diversification in the GCC | |||
| Banking system is sound and has fully recovered from the spillovers of the global financial crisis
Gross foreign assets to exceed $2.5 trillion by end-2013, reinforcing economic resilience if oil prices drop Sound macroeconomic policy and structural reforms must be sustained for continued strong economic performance May 15, 2013--The Gulf Cooperation Council (GCC) countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, registered an average growth of 5.8% in 2012. | |||
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| Saudi Stock Exchange knows no halt | |||
| May 14, 2013--The Tadawul All-Share Index fell to a 2-week low, ending down 0.27% at 7,139.3 points amid a bearish market breadth. | |||
| read more | |||
| MENA in Focus | |||
| May 14, 2013--In Focus 1: UAE Banks: 1Q2013 Earnings Wrap-up In this section, we analyze the 1Q2013 performance of the key players in the UAE banking sector. The main takeaways of the 1Q2013 results were sluggish loan growth, declining margins, elevated cost of risk and strong, but less sustainable investment gains. | |||
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| Tadawul market falls back amid bearish market breadth | |||
| May 13, 2013--The Saudi Arabian equity index Tasi ended down 0.51% at 7,158.75 points Monday as 24 shares advanced, while 120 declined. | |||
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| DP World gains, upgrades ports asset management | |||
| May 13, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed 0.14% higher at 2,500.08 points Monday. | |||
| read more | |||
| Bahrain Bourse closes at 1-year high | |||
| May 13, 2013--The Bahrain All-Share Index added 0.31% to reach 1,142.31 points Monday. | |||
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| Eshraq Properties advances as Q1 profit rises 10-fold | |||
| May 13, 2013--The Abu Dhabi equity market measure ADX General Index ended up 0.43% at 3,418.93 points. | |||
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| DGCX Trading Volumes Cross $1 Trillion Mark in Value | |||
| Total volumes traded on Exchange since inception reaches 24.5 million contracts, valued at $1.025 trillion
April 2013 volumes total 1.3 million, up 139% from 2012 Indian Rupee futures volume increases 145% year-on-year The Dubai Gold and Commodities Exchange (DGCX) achieved a significant growth milestone in April when its cumulative trading volumes since inception crossed $1 trillion in value. Since its launch in 2005, the Exchange has traded 24.5 million contracts, valued at $1.025 trillion. May 13, 2013-- The major milestone, achieved in its eighth year since inception | |||
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| Waha Capital Q1 profit rises 5-fold, shares gain | |||
| May 12, 2013--The Abu Dhabi equity market measure ADXGI closed up 1.05% at 3,404.46 points Sunday. | |||
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| DP World shares rise 50 pct-in the last 12 months | |||
| May 9, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed at 2483.50 Thursday, up 12.580 or 0.51%. | |||
| read more | |||
| Bahrain Bourse stays on the winning track | |||
| May 9, 2013--The Bahrain All-Share Index closed 0.38% higher at 1,134.31 points Thursday. | |||
| read more | |||
| Qatar Exchange halts 5-day gaining streak | |||
| May 9, 2013--Investors in Doha took proftit ahead of the week, sending the QE 20 Index down by 0.12% to 8,847.88 points. | |||
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| Abu Dhabi market investors hail Dana Gas sukuk refinancing | |||
| May 9, 2013--The Abu Dhabi Securities Exchange (ADX) saw its market index rising by 0.76% to close at 3,369.21 points Thursday, the gauge's highest level since Nov. 4 2008. | |||
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| Shuaa Capital jumps on Dubai Group debt deal | |||
| May 9, 2013--The DFM General Index consolidated at a 3.5-year high Thursday by closing up 0.70% at 2,177.68 points. | |||
| read more | |||
| Bahrain Bourse stays on the winning track | |||
| May 9, 2013--The Bahrain All-Share Index closed 0.38% higher at 1,134.31 points Thursday. | |||
| read more | |||
| Doha-listed shares gain across the board | |||
| May 8, 2013--A volatile QE 20 Index added 0.14% to 8,858.29 Wednesday. | |||
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| Petrochems lift Tadawul bourse | |||
| May 8, 2013--The Saudi Arabian Tadawul All-Share Index climbed up by 0.33% to reach 7,206.27 Wednesday, ending a 3-day losing streak in Riyadh. | |||
| read more | |||
| Alba results trigger joy at Manama market | |||
| May 8, 2013--The Bahrain All-Share Index gained the 4th session straight Wednesday, closing at 1,130.03 points. | |||
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| Saudi Arabia Seeks to Lure Institutional Money to Bourse | |||
| May 7, 2013--Saudi Arabia, home to the biggest Arab bourse, seeks to boost institutional investments in its $387 billion stock market as the top OPEC producer weighs plans to allow foreigners to buy shares directly. | |||
| read more | |||
| Sabic, Al Rajhi Bank pinned down as Saudi market falls the 3rd day | |||
| May 7, 2013--The Tadawul All-Share Index declined 0.10% to 7,182.48 points Tuesday. | |||
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| Qatar Exchange advances the 4th session straight | |||
| May 7, 2013--The QE 20 Index closed 0.13% higher at 8,845.65 points. | |||
| read more | |||
| GCC Monthly Market Review-April 2013 | |||
| May 6, 2013--GCC markets on a rise GCC equity indices rallied in April. All bourses gained during the month, with Dubai experiencing the highest growth of 16.7%MoM. | |||
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| Market breadth worsens at Tadawul market | |||
| May 6, 2013-The Tadawul All-Share Index lost 0.23% to 7,189.13 points. | |||
| read more | |||
| DP World shares surge amid narrowing Bollinger Bands | |||
| May 6, 2013--The FTSE NASDAQ Dubai UAE 20 Index index closed insignificantly lower at 2457.89 Monday. | |||
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| Qatar Exchange cracks triple-top resistance level, way to 9,000 open | |||
| May 6, 2013--The QE 20 Index closed 0.55% higher at 8,834.13 points Monday. | |||
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| Etisalat hits 2.5-year high | |||
| May 6, 2013--The ADX General Index climbed 0.35% to close at 3,318.49 points Monday. | |||
| read more | |||
| Bahrain bourse climbs to 2-month high | |||
| May 6, 2013--The Bahrain All-Share Index advanced 0.40% to reach 1,113.03 points Monday in dull trading. | |||
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| Al Baraka Banking Group falls to 6-week low | |||
| May 2, 2013--The Manama-based Bahrain All-Share Index declined 0.14% to 1,102.60 points Thursday. | |||
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| QIB gains after Qinvest/EFG Hermes JV is terminated | |||
| May 2, 2013--The QE 20 Index surged 0.93%, closing at 8,748.68 points Thursday. | |||
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| Abua Dhabi bourse climbs to near 4.5-year high | |||
| May 2, 2013--The ADX General Index advanced 0.20%, closing at 3,280.18 points amid record-high volumes. | |||
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| Deyaar on the move as Q1 profit doubles | |||
| May 2, 2013--The DFM General Index lost 0.37% to 2,128.79 points Thursday. | |||
| read more | |||
| Al Baraka Banking Group falls to 6-week low | |||
| May 2, 2013--The Manama-based Bahrain All-Share Index declined 0.14% to 1,102.60 points Thursday. | |||
| read more | |||
| Tadawul market slips as Sabic tests SR90-support level | |||
| May 1, 2013--The Tadawul All-Share Index declined insignificantly on Wednesday and closed at 7,175.36 points. | |||
| read more | |||
| Tadawul market slips as Sabic tests SR90-support level | |||
| May 1, 2013--The Tadawul All-Share Index declined insignificantly on Wednesday and closed at 7,175.36 points. | |||
| read more | |||
| Aluminium Bahrain shares advance, Chief Support Functions Officer quits | |||
| May 1, 2013--The Bahrain All-Share Index in Manama extended its rebound journey on Wednesday by gaining 0.28% to reach 1,104.17 points. | |||
| read more | |||
| Ooredoo falls slightly, telco giant reports higher Q1 profit | |||
| May 1, 2013--The Qatar Exchange 20 Index slipped 0.11% to 8,667.85 points. | |||
| read more | |||
| Aluminium Bahrain shares advance, Chief Support Functions Officer quits | |||
| May 1, 2013--The Bahrain All-Share Index in Manama extended its rebound journey on Wednesday by gaining 0.28% to reach 1,104.17 points. | |||
| read more | |||
| Zain KSA plummets on extension of Murabaha facility for the umpteenth time | |||
| April 30, 2013--The Saudi Arabian Tadawul All-Share Index advanced 0.18% to reach 7,179.8 points Tuesday. | |||
| read more | |||
| Kuwait market performs steadily | |||
| April 30, 2013--The Kuwait Stock Exchange's market index ended little changed at 7,430.54 points Tuesday. | |||
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| Barwa Real Estate earns less as Qatar property market cools down | |||
| April 30, 2013--The QE 20 Index surged 0.20% to hit 8,677.10 points Monday mostly driven by gains in the industrials sector. | |||
| read more | |||
| First Gulf Bank falls back on profit booking | |||
| April 30, 2013--The Abu Dhabi market index ADXGI closed 0.33% lower at 3,269.22 points Tuesday. | |||
| read more | |||
| Dubai market climbs to 3.5-year high | |||
| April 30, 2013--The DFM General Index closed Tuesday trading 1.62% higher at 2,135.40 points amid record-high trading volumes. | |||
| read more | |||
| Bahrain Bourse rebounds on banks | |||
| April 25, 2013--The Manama-based Bahrain All-Share Index closed 1.05% to reach 1,097.43 Thursday. | |||
| read more | |||
| DP World advances despite lower throughput in Q1 | |||
| April 25, 2013--The FTSE NASDAQ Dubai UAE 20 Index closed at 2,438.86 Thursday, up 18.450 or 0.76% from the previous close. | |||
| read more | |||
| Qatar General Insurance and Reinsurance Co. reports higher net profit in Q1 | |||
| April 25, 2013--The QE 20 Index ended one of its longest gaining streaks (the gauge gained the last 8 days) and closed Thursday 0.73% lower at 8,593.26 points investors booked their profits ahead of the weekend. | |||
| read more | |||
| Taqa gets UK's nod for North Sea field development | |||
| April 25, 2013--The ADX General Index gained the fourth session straight Thursday, ending up 1.04% at 3,287.87 points. | |||
| read more | |||
| Financials fuel Dubai market rally, ENBD soars on Q1 results | |||
| April 25, 2013--The DFM General Index gained 1.10% Thursday to close at 2,075.56 points, shaving the upper Bollinger band. | |||
| read more |