Middle East ETF News Older than One Year
S&P affirms Qatar's ratings
April 6, 2014--Standard and Poor's (S&P) has affirmed its long and short term foreign and local currency sovereign credit ratings on Qatar at 'AA/A-1+' with a "Stable" outlook, Gulf Times has reported.
The country's strong net external and fiscal asset positions balance the concentration risk related to the economy's reliance on the oil and gas sector, S&P..
Source: AME Info
Ma'aden gets $2 billion financing for SABIC phosphate joint venture
April 3, 2014--The Tadawul All Share Index advanced by 0.22 per cent to 9,558.46 points on Thursday, April 3.
SABIC fell by 0.21 per cent to SAR118. Saudi Arabian Mining Company (Ma'aden) fell by 0.54 per cent to SAR36.5. Today,
Source: AME Info
Abu Dhabi market makes detour ahead of 5,000 points
April 3, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) fell by 0.64 per cent to 4,923.47 points on Thursday, April 3, despite positive market breadth.
United Arab Bank and Bank of Umm Al-Qaiwain fell by 8.75 per cent and 7.05 per cent, respectively.
Source: AME Info
Banks and Batelco pull Bahrain exchange higher
April 3, 2014--The Manama bourse continued to advance on Thursday, April 3.
The Bahrain All-Share Index gained 0.24 per cent to reach 1,367,83 points. NASS Corporation was the top gainer, ending up by 4.20 per cent at BHD0.174. Bahrain Telecom (Batelco) advanced 0.61 per cent, reaching BHD0.332
Source: AME Info
Qatar Islamic Bank gains on Zain co-financing
April 3, 2014--The Qatar Exchange 20 Index advanced by 0.37 per cent to 11,983.87 points on Thursday, April 3.
Qatar Islamic Bank (QIB) gained 0.94 per cent, reaching QAR75.50. Earlier in the day, QIB said it participated in a $250 million Murabaha syndicated Finance to Zain.
Source: AME Info
Citigroup report boosts Dubai market
April 3, 2014-The Dubai bourse finished the week with the fifth gaining session in a row, as the Dubai Financial Market General Index (DMFGI) closed 0.92 per
cent higher at 4,618.28 points on Thursday, April 3.
Source: AME Info
SABIC keeps lacklustre Saudi bourse afloat
April 2, 2014--The Tadawul All-Share Index closed 0.29 per cent higher at 9,537.83 points on Wednesday, April 2, amid moderate trading turnover.
SABIC advanced 0.21 per cent to SAR118.25. Saudi Kayan Petrochemical Company advanced 0.90 per cent to SAR16.90. National Industrialization Company recorded the biggest drop, ending down by 4.42 per cent to reach SAR32.40.
Source: AME Info
Kuwait bourse closes slightly higher
April 2, 2014--The KSE market index advanced by 0.16 per cent, closing at 7,570.52 points on Wednesday, April 2.
Al-Nawadi Holding jumped by 8.77 per cent to KWD0.124. National Bank of Kuwait, the biggest lender in the northern Gulf state, closed unchanged at KWD1. Gulf Franchising Holding dived by 9.3 per cent to KWD0.078.
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Source: AME Info
Arabtec in the focus at Dubai market amid top level reshuffle
Emaar slipped by 0.50 per cent to AED10.05. Arabtec Holding jumped by two per cent to AED6.14. Earlier in the day, Arabtec said it appointed Dr Nabil Ailabouni as CEO...
Source: AME Info
Abu Dhabi Ship Building gains as its annual net profit soars
Abu Dhabi Ship Building (ADSB) gained 1.30 per cent to AED3.93. Earlier in the day, ADSB said its consolidated net profit in 2013 reached AED51 million ($13.9m), up from AED29m ($7.91m). Dana Gas was the most liquid gaining...
Source: AME Info
April 2, 2014--The Dubai Financial Market General Index (DFMGI) gained for the fourth consecutive session closing 1.23 per cent higher at 4,576.31 points on Wednesday, April 2.
April 2, 2014--The Abu Dhabi Securities Exchange General Index (ADXGI) closed flat at 4,955.12 points on Wednesday, April 2.
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