Tag archive for ‘market’
By Staff writer On Thursday, January 7th, 2016
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No significant change in Dubai residential market values

The 15th December ValuStrat Price Index (VPI) for Dubai’s residential market has shown that, on average, there was no significant monthly change in values across the 26 areas it monitors for apartments and More...

By Staff writer On Monday, December 21st, 2015
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CPI decreased by 0.34 % in November 2015

The overall Consumer Price Index, CPI, reached 126.53 in November 2015, and with comparison with the base year (2007 =100); it decreased by 0.34% compared to its value at the end of October 2015, while it increased More...

By Staff writer On Monday, December 14th, 2015
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Qatar Stock Index Drops 371.17 Points

Qatar Stock Exchange index dropped 371.17 points or -3.71% when it closed at 9,643.65 points on Sunday. The daily turnover increased to QR 262.143 Million with a volume of 6,910,161 shares from 4,226 deals compared More...

By Staff writer On Friday, December 11th, 2015
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OPEC Monthly Oil Market Report for December 2015

The OPEC Reference Basket declined by around 10% in November as lower refinery crude intake added to the oversupply in the market, according to OPEC Monthly Oil Market Report for December 2015. The Basket lost $4.52 More...

By Staff writer On Friday, December 11th, 2015
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Qatar Stock index Drops 4.02 Points

Qatar Stock Exchange index dropped 4.02 points or -0.04% when it closed at 10,014.82 points on Thursday. The daily turnover decreased to QR 256.232 Million with a volume of 7,039,401 shares from 4,125 deals compared More...

By Staff writer On Thursday, December 10th, 2015
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Dubai Tourism reinforces commitment to African markets

Akwaaba African Travel Market Dubai Tourism and its city partners have stimulated interest from African markets after a series of exciting on-ground consumer and trade activations at the Akwaaba African Travel Market More...

By Staff writer On Tuesday, December 8th, 2015
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Qatar Stock index Drops 91.49 Points

Qatar Stock Exchange index dropped 81.49 points or -0.78% when it closed at 10,418.47 points on Monday. The daily turnover decreased to QR 235,298 Million with a volume of 5,037,663 shares from 3,269 deals compared More...

By Staff writer On Tuesday, November 24th, 2015
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DAMAC Properties Expands its Strategic Operation in Asia

Leading luxury real estate developer, DAMAC Properties have announced a strategic collaboration with Qfang, one of China’s biggest real estate and financial services companies, looking to strengthen and consolidate More...

By Staff writer On Thursday, November 19th, 2015
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Qatar Stock Index Gains 25.37 Points

Qatar Stock Market Qatar Stock Exchange index gained 25.37 points or +0.23% when it closed at 10,827.66 points on Wednesday. The daily turnover increased to QR 179.564 Million with a volume of 4,171,592 shares from More...

By Staff writer On Friday, November 13th, 2015
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Foreigners purchase shares worth AED 863.3mn on DFM

Dubai Financial Market Foreign investors purchased AED 863.3 million worth of shares on Dubai Financial Market (DFM) from 8th to 12th November and sold AED 883.7 million in the same period, DFM said today in a press More...

By Staff writer On Thursday, November 5th, 2015
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Sharjah upbeat on new growth opportunities in international tourism market

Sharjah at night Sharjah Commerce and Tourism Development Authority is tapping new opportunities for growth in international tourism market, highlighting the new roadmap for the emirate’s tourism sector represented More...

By Staff writer On Friday, October 30th, 2015
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UAE ranked Middle East’s most attractive retail market

A recent report from built asset consultancy, Arcadis, has revealed that the UAE’s strong infrastructure and business friendly environment make the country an attractive market for retailers. The report ranked More...

By Staff writer On Thursday, October 29th, 2015
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ATM mirrors regional airline growth

Development in the region’s dynamic aviation sector will once again be a major talking point at Arabian Travel Market (ATM) 2016, as Gulf airlines look to capitalize on their strategic location, connecting East More...

By Staff writer On Monday, February 9th, 2015
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Recent Gold earnings drop

Gold Gold prices lost three percent of earnings posted in end of the past week, affected with a robust US dollar, closing at USD 1,235 per ounce, USD 37 lower as compared to the opening rate. Sales increased during More...

By Staff writer On Saturday, February 7th, 2015
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Foreign investors purchased AED 2.2bn worth of shares on Dubai Financial Market over the week

Foreign investors purchased AED 2.2bn worth of shares on Dubai Financial Market over the week Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from More...

By Staff writer On Thursday, February 5th, 2015
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ADX and NBAD launch Market Making Activity

Rashed Al Balooshi, ADX Chief Executive and The National Bank of Abu Dhabi, NBAD, will operate at the Abu Dhabi Securities Exchange, ADX, as the UAE’s first market maker, ADX said in a statement yesterday. NBAD More...

By Staff writer On Tuesday, February 3rd, 2015
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DFM market capitalisation up 1.8% to AED 328.3 bn by end of January 2015

DFM market capitalisation up 1.8% to AED 328.3 bn by end of January 2015 The Dubai Financial Market General Index down 2.6% to 3674.4 points at the end of January compared to 3774 points at the end of December 2014. More...

By Staff writer On Monday, January 26th, 2015
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ADGM announces headquarters building on Al Maryah Island

Al Maryah Island Abu Dhabi Global Market, ADGM, today announced that it has signed a 50-year lease with the Mubadala Development Company to make the Financial Building on Al Maryah Island, owned by Mubadala subsidiary, More...

By Staff writer On Friday, January 23rd, 2015
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HFZA to further explore Russia, CIS countries market

Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF Zone) has expressed More...

By Staff writer On Friday, January 16th, 2015
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Foreign investors purchased AED 2.5 bn worth of shares on Dubai Financial Market

Dubai Financial Market Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from January 11 to 15, reached about AED 2.522 billion, while value of stocks More...

By Staff writer On Wednesday, January 14th, 2015
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Dubai Financial Market’s market capitalisation increased at the end of 2014 by 24.3% to AED 322.6 billion

Dubai Financial Market The Dubai Financial Market (DFM) General Index increased by 12% to 3774 points at the end of this year compared to 3369.8 points at the end of 2013. At the sectoral level, indexes of three More...

By Staff writer On Saturday, January 10th, 2015
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Foreign investors purchased AED 1.7 bn worth of shares on Dubai Financial Market

Dubai Financial Market ”DFM” Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from January 4 to 8, reached about AED 1.75 billion, while More...

By Staff writer On Friday, January 9th, 2015
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Oman Securities Market Gains 49 Points

Oman Securities Market Gains 49 Points Muscat Securities Market (MSM) general index (30) today gained (49.43) points to close at (6253.55) points. The trading value today stood at (RO 6.92) million, comprising a More...

By Staff writer On Friday, January 9th, 2015
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OPEC daily basket price for Wednesday announced

OPEC The price of OPEC’s basket of twelve crudes stood at US$44.85 a barrel on Wednesday, compared with $46.62 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes More...

By Staff writer On Thursday, January 8th, 2015
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Abu Dhabi Global Market begins Open Market Consultation

Abu Dhabi Global Market begins Open Market Consultation Abu Dhabi Global Market, ADGM, the international financial centre in Abu Dhabi, today announced that it has published its first set of draft legislation for More...

By Staff writer On Wednesday, January 7th, 2015
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Sharp drop in oil price eats into stocks

Sharp drop in oil price eats into stocks The stock market was hammered hard today by the steep slide in the price of oil, leaving the way wide open for many speculators to take advantage of that and of the ensuing More...

By Staff writer On Monday, January 5th, 2015
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TRA reveals data for third quarter of 2014 on UAE market share of mobile handsets, smartphones and social networking sites

TRA reveals data for third quarter of 2014 on UAE market share of mobile handsets, smartphones and social networking sites The Telecommunications Regulatory Authority, TRA, has revealed statistics for the third More...

By Staff writer On Friday, January 2nd, 2015
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Kuwaiti investments rank 3rd in Jordan’s stock exchange

Jordan stock exchange Kuwaiti investments came third at the Jordanian stock exchange at the end of 2014, amounting to USD 1.6 billion, making up 6.5 percent of the listed shares. The number of Kuwaiti investors More...

By Staff writer On Tuesday, December 30th, 2014
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DGCX launches three new Emerging Market currency futures

DGCX launches three new Emerging Market currency futures Expanding its suite of Emerging Market (EM) products, the Dubai Gold and Commodities Exchange, DGCX, today announced the launch of three new currency contracts More...

By Staff writer On Friday, December 19th, 2014
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Foreign investors sold AED 3.4 bn worth of shares on Dubai Financial Market

Foreign investors sold AED 3.4 bn worth of shares on Dubai Financial Market Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from December 14 to More...

By Staff writer On Thursday, December 11th, 2014
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ADGM discusses cooperation with delegation from Hong Kong

ADGM discusses cooperation with delegation from Hong Kong Abu Dhabi Global Market, ADGM, the international financial centre in Abu Dhabi, yesterday welcomed a high-profile delegation headed by the Honourable John More...

By Staff writer On Wednesday, December 10th, 2014
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OPEC’s daily basket for Monday December 8th

OPEC The price of OPEC’s basket of twelve crudes stood at US$63.78 dollars a barrel on Monday, compared with $65.32 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket More...

By Staff writer On Wednesday, December 10th, 2014
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UAE second largest market for Saudi Arabian October 2014 non-oil commodity exports

UAE second largest market for Saudi Arabian October 2014 non-oil commodity exports The value of the Kingdom of Saudi Arabia’s non-oil commodity exports in October 2014 amounted to SR15,917 million, down by More...

By Staff writer On Monday, December 8th, 2014
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DWC Summit to highlight opportunities in Middle East’s US$45bn Aerospace Market

Dubai World Central (DWC) Dubai World Central (DWC), the world’s first purpose-built aerotropolis designed around the Al Maktoum International Airport – the largest airport when completed – will host the first More...

By Staff writer On Saturday, December 6th, 2014
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Kuwait credit activity up 7.7 percent in September

Kuwait credit activity up 7.7 percent in September Credit market activity in Kuwait jumped by 7.7 percent or KD 2.2 billion last September compared with the same month last year, making the size of credit availability More...

By Staff writer On Tuesday, December 2nd, 2014
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TRA releases aeDA data on UAE registrar market share

TRA releases aeDA data on UAE registrar market share The Telecommunications Regulatory Authority, TRA, has released the .ae Domain Administration’s (aeDA) data on the UAE’s registrar market share, unveiling More...

By Staff writer On Wednesday, November 26th, 2014
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OPEC daily basket price announced for Monday

OPEC The price of OPEC basket of twelve crudes stood at 75.70 dollars a barrel on Monday, compared with $75.42 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

By Staff writer On Wednesday, November 26th, 2014
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ADX lists National Investor in Second Market

ADX lists National Investor in Second Market Abu Dhabi Securities Exchange, ADX, today announced the listing of National Investor in the Exchange’s Second Market for private companies under the symbol TNI. The More...

By Staff writer On Thursday, November 20th, 2014
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Oman Crude Oil Futures Contract slips 36 cents per barrel

oil barrel DME Oman Crude Oil Futures Contract (OQD) closed at US$76,35 per barrel on Dubai Mercantile at 12:30 p.m. Dubai time on Thursday. On 11 November, DME Oman futures traded below US$80 per barrel for the More...

By Staff writer On Thursday, November 20th, 2014
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Tasweek inks MoU with American Hospital Management Company targeting MENA Healthcare Market

Tasweek inks MoU with American Hospital Management Company targeting MENA Healthcare Market Tasweek Real Estate Marketing and Development, a UAE based advisor and solutions provider serving the property markets, More...

By Staff writer On Wednesday, November 19th, 2014
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OPEC daily basket price for Tuesday, 18 November 2014

oil barrel The price of OPEC’s basket of twelve crudes stood at US$74.36 a barrel on Tuesday, compared with $73.90 the previous day, according to OPEC’s Secretariat calculations. OPEC Reference Basket More...

By Staff writer On Tuesday, November 18th, 2014
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OPEC daily basket price for Monday, 17 November 2014

oil barrels The price of OPEC’s basket of twelve crudes stood at US$73.90 a barrel on Monday, compared with $73.47 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

By Staff writer On Tuesday, November 18th, 2014
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DFM achieves 100 percent compliance in UAE companies’ disclosure of quarterly results

DFM achieves 100 percent compliance in UAE companies’ disclosure of quarterly results Dubai Financial Market, DFM, announced today that its UAE listed companies have shown a 100 percent compliance to disclose More...

By Staff writer On Saturday, November 15th, 2014
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Qatar Exchange Index Gains 139.29 Points This Week

Qatar Stock Exchange Qatar Exchange index gained 139.29 points (+1.02%) this week when the bourse closed Thursday at 13,729.78 points. Trading value during this week increased by 35.51% to reach QR 3,983,189,590.52 More...

By Staff writer On Saturday, November 15th, 2014
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Value of stocks bought by foreign investors on DFM reach over AED 2 bn in a week

Value of stocks bought by foreign investors on DFM reach over AED 2 bn in a week Dubai Financial Market ( DFM ) announced that the value of shares bought by foreign investors, or non-UAE nationals, from 9th to 13th More...

By Staff writer On Friday, November 14th, 2014
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OPEC daily basket price for Wednesday, 12th November 2014

OPEC daily basket price for Wednesday, 12th November 2014 The price of OPEC’s basket of twelve crudes stood at US$76.96 a barrel on Wednesday, compared with $77.27 the previous day, according to OPEC Secretariat More...

By Staff writer On Tuesday, November 11th, 2014
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Abu Dhabi is a big market for potential offshore project: CEO COOEC

Zhou Xuezhong, CEO of COOEC Abu Dhabi has a prosperous economy, is rich in oil resources and it is also a big market for potential offshore project, according to a top official of the Chinese Offshore Engineering More...

By Staff writer On Monday, November 10th, 2014
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DFM announces the inclusion of “Emaar Malls” and “Marka” into the General Index

DFM announces the inclusion of “Emaar Malls” and “Marka” into the General Index Dubai Financial Market (DFM) today announced that shares of 2 newly listed companies, Emaar Malls, and Marka More...

By Staff writer On Sunday, November 9th, 2014
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Kuwait stock market ends week trading in red zone

Kuwait Stock Exchange The Kuwait Stock Exchange (KSE) ended last week in the red zone as the speculation operations controlled the overall market performance. The report, by Bayan Investment Company, stated that More...

By Staff writer On Friday, November 7th, 2014
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Islamic capital market growth comes under scrutiny at ICA conference

Islamic capital market growth comes under scrutiny at ICA conference Key factors behind the recent prosperity of Islamic capital markets and prospects for sustainable growth will be analysed by some of the world’s More...

By Staff writer On Thursday, November 6th, 2014
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USD steady against Kuwaiti dinar at KD 0.290

US dollar, Kuwaiti dinar The USD exchange was stable against the Kuwaiti dinar on Wednesday trading at KD 0.290, while the Euro moved down to KD 0.363, compared with Tuesday’s rates. The Sterling Pound exchange More...

By Staff writer On Sunday, November 2nd, 2014
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Shurooq readies to participate in World Travel Market 2014

Shurooq readies to participate in World Travel Market 2014 The Sharjah Investment and Development Authority (Shurooq) is well prepared to participate in the World Travel Market (WTM 2014), which will take place More...

By Staff writer On Sunday, November 2nd, 2014
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Capital announcement for Sharjah at World Travel Market

World Travel Market, The Sharjah Commerce and Tourism Development Authority, has announced its participation at the World Travel Market, for the twelfth consecutive year in London from November 3 to 6, 2014. This More...

By Staff writer On Thursday, October 30th, 2014
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OPEC daily basket price for Wednesday, 29th October 2014

oil barrel The price of OPEC’s basket of twelve crudes stood at US$83.24 dollars a barrel on Wednesday, compared with $82.44 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference More...

By Staff writer On Tuesday, October 28th, 2014
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Latest ADIB real estate report shows continued new residential market slowdown in Abu Dhabi

Latest ADIB real estate report shows continued new residential market slowdown in Abu Dhabi The latest quarterly report issued by MPM Properties, the real estate subsidiary of Abu Dhabi Islamic Bank (ADIB), shows More...

By Staff writer On Monday, October 27th, 2014
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Ajman to take part in World Travel Market 2014

Ajman to take part in World Travel Market 2014 Ajman will be making its maiden appearance at the World Travel Market, WTM, 2014, to be held in London from 3rd to 6th of November. The delegation is led by Ajman Tourism More...

By Staff writer On Saturday, October 25th, 2014
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Qatar Stock Index Gains 523.69 Points This Week

Qatar Stock Exchange Qatar Stock Exchange (QSE) index gained 523.69 points (+4.05%) this week when the bourse closed Thursday at 13,465.69 points. The trading value of QR 2,889,956,605.31 this week is an increase More...

By Staff writer On Friday, October 24th, 2014
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Value of stocks bought by foreign investors on DFM reach over AED 2.6bn in a week

Value of stocks bought by foreign investors on DFM reach over AED 2.6bn in a week Dubai Financial Market ( DFM ) announced that the value of shares bought by foreign investors, or non-UAE nationals, from 19th to More...

By Staff writer On Tuesday, October 21st, 2014
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Sharjah Tourism Heads East To Attract New Markets To Emirate, Singapore Market Promises Immense Potential

Sharjah Tourism Heads East To Attract New Markets To Emirate, Singapore Market Promises Immense Potential The Sharjah Commerce and Tourism Development Authority (SCTDA) is targeting Singapore as part of its efforts More...

By Staff writer On Sunday, October 19th, 2014
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Oil prices send shockwaves to Kuwait stock market

oil barrel Kuwait Stock Exchange (KSE) ended last week in the red zone driven by the sharply declining oil prices which reached a four year-low level, Bayan Investment Company noted in its weekly report issued Saturday. It More...

By Staff writer On Saturday, October 18th, 2014
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Sukuk market up 72 pct — KFH report

Sukuk market up 72 pct — KFH report The global primary sukuk market thrust forward with momentum as new issuances surged by almost 72% month-on-month to record USD 12.94 bln worth of volume in September, said More...

By Staff writer On Wednesday, October 15th, 2014
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Dubai Chamber analysis shows UAE computer product market to grow by 8.47% a year to 2018

Dubai Chamber analysis shows UAE computer product market to grow by 8.47% a year to 2018 The U.A.E. computer product market is forecast to grow at a Compound Annual Growth Rate, CAGR, of about 8.47% until 2018, More...

By Staff writer On Monday, October 13th, 2014
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DFM’s market capitalisation up 22.2% to AED 357.6billion in Q3, 2014

DFM’s market capitalisation up 22.2% to AED 357.6billion in Q3, 2014 The Dubai Financial Market General Index increased by 27.9% to 5042.9 points at the end of this quarter compared to 3942.8 points at the More...

By Staff writer On Friday, September 26th, 2014
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DFM welcomes listing of Marka

His Excellency Essa Kazim, Chairman, Dubai Financial Market, His Excellency Jamal Al Hai, Chairman, Marka (PJSC), and senior representatives from both sides attended the listing ceremony at DFM’s trading floor.  Dubai More...

By Staff writer On Thursday, September 25th, 2014
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Marka achieves milestone as company commences trading on Dubai Financial Market

Marka PJSC Marka PJSC, the first public joint stock company focused on the fast growing retail sector in the U.A.E. with a capital of AED500 million, will list its shares on the Dubai Financial Market (DFM) and More...

By Staff writer On Thursday, September 25th, 2014
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Masdar invests in offshore wind farm and expands presence in UK wind energy market

Masdar invests in offshore wind farm and expands presence in UK wind energy market Masdar, the Abu Dhabi renewable energy company, today announced its partnership with Norway’s Statoil and Statkraft in a 402MW More...

By Staff writer On Tuesday, September 23rd, 2014
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UAE is world’s third most attractive infrastructure investment market

Dubai The UAE is the third most attractive market in the world for investment in infrastructure, according to EC Harris, the global asset consultancy company. The UAE ranked third globally and second regionally More...

By Staff writer On Saturday, September 20th, 2014
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UAE tops Arab market for Brazilian exports

UAE tops Arab market for Brazilian exports  Brazilian exports to the U.A.E. rose by 13 per cent in the first eight months of this year, compared to the period from January to August 2013, according to figures reported More...

By Staff writer On Friday, September 19th, 2014
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USD against Kuwaiti dinar trading at KD 0.287

US dollar, Kuwaiti dinar Exchange rate of the US greenback vis-a-vis the Kuwaiti dinar stood at KD 0.287 per dollar on Thursday. The EU currency went down to 0.369, said the daily bulletin of the Central Bank of More...

By Staff writer On Friday, September 19th, 2014
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Qatar Exchange Index Gains 185.45 Points

Qatar Stock Exchange Qatar Exchange index maintained its upward graph Thursday with all sectorial indices in the green zone when the bourse closed trading at 14,350.50 points, up 185.45 points (+1.31%). The trading More...

By Staff writer On Thursday, September 18th, 2014
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Dubai Financial Market signs MoU with Korea Securities Depository

Maryam Mohammed Fikri, Head of Clearing, Settlement and Depository Division and Executive Vice President at DFM, and Dr. Jaehoon Yoo, Chairman and CEO of KSD, The Dubai Financial Market, DFM, and the South Korea More...

By Staff writer On Monday, September 15th, 2014
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Gold prices continue falling

Gold Gold prices continued dropping during the past week reaching USD 1,232 per ounce amid continuous hike of the US dollar. Chief Executive Officer of Sabaek company Rajab Hamed told KUNA positive reports about More...

By Staff writer On Sunday, September 14th, 2014
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Sharjah eyes attractive Indian market with road shows in five major cities

Sharjah After successful campaigns in Europe and the Gulf, Sharjah has turned its focus once again on the booming Indian tourism market with its India Road Show, to be organised from 15 to 22 September 2014. The More...

By Staff writer On Wednesday, September 10th, 2014
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GOIC holds a workshop about the Industrial Market Intelligence Portal

(GOIC) is to hold a workshop about the Industrial Market Intelligence Portal (IMI Plus) The Gulf Organisation for Industrial Consulting (GOIC) is to hold a free workshop about the Industrial Market Intelligence More...

By Staff writer On Wednesday, September 3rd, 2014
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USD unchanged against Kuwaiti dinar at KD 0.284

US dollar, Kuwaiti dinar Exchange rate of the US greenback vis-a-vis the Kuwaiti dinar was unchanged on Tuesday, trading at KD 0.284 per dollar. The EU currency also remained at the same exchange rate at KD 0.373, More...

By Staff writer On Tuesday, September 2nd, 2014
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Fujairah Chamber discusses economic cooperation with Sudan

Fujairah Chamber of Commerce and Industry Ahmad Mohammed Mubarak, Chairman of the Board of the Fujairah Chamber of Commerce and Industry has underlined U.A.E.’s keenness to support and enhance its economic More...

By Staff writer On Tuesday, September 2nd, 2014
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ATM To Focus On $140 Billion Family Travel Market

Arabian Travel Market (ATM) Family centric travel, which accounted for more than 12.5 per cent of the $1.07 trillion global tourism market, has been selected as the official show theme for Arabian Travel Market More...

By Staff writer On Monday, September 1st, 2014
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Gold prices stable at USD 1,300 per ounce

Gold Gold prices maintained stability in the past week at USD 1,300 per ounce, according to a report by Sabaek Al-Kuwait Company on Sunday. Investors across the globe have anew sought refuge in the yellow metal; More...

By Staff writer On Sunday, August 31st, 2014
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Emaar Properties announces intention to list Emaar Malls Group

Emaar Properties Emaar Properties PJSC (“Emaar Properties”) today announced its intention to proceed with the sale of existing shares in Emaar Malls Group (“EMG” or the “Group”) via an initial public More...

By Staff writer On Friday, August 29th, 2014
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Foreign investors purchased AED 2.5 bn worth of shares on Dubai Financial Market

Foreign investors purchased AED 2.5 bn worth of shares on Dubai Financial Market Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-U.A.E. nationals, from 24th to More...

By Staff writer On Friday, August 29th, 2014
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OPEC daily basket price for Wednesday

Oil OPEC’s daily basket of twelve crudes stood at US$100.06 a barrel on Wednesday, compared with $99.82 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Tuesday, August 26th, 2014
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USD unchanged against Kuwaiti dinar at KD 0.284

US dollar, Kuwaiti dinar Exchange rate of the US greenback vis-a-vis the Kuwaiti dinar was unchanged on Monday, trading at KD 0.284 per dollar, said the daily bulletin of the Central Bank of Kuwait. Meanwhile, the More...

By Staff writer On Tuesday, August 26th, 2014
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KSE ends Monday’s trading in decline

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) ended Monday’s trading with all its indices in decline. The price index reached 7,389.03 points, losing 3.15 points, the weighted index stood at 490.84 points, More...

By Staff writer On Monday, August 25th, 2014
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DFM successfully concludes its Summer Training Program 2014

DFM successfully concludes its Summer Training Program 2014 Dubai Financial Market (DFM) successfully concluded its Summer Training Program with the participation of 10 Emarati students representing several schools More...

By Staff writer On Monday, August 25th, 2014
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KSE ends Sunday’s trading with green pirce index

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) ended Sunday’s trading with the price index in the green zone as it reached 7,392.18 points, gaining 41.84 points. However, the weighted index stood at 492.45 More...

By Staff writer On Sunday, August 24th, 2014
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KSE ends the week trading on positive note

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) ended the week trading in the green zone with variance in the gains made by its main indices, a specialized economic report showed Saturday. The report, by Bayan More...

By Staff writer On Sunday, August 24th, 2014
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Ooredoo Reaches Milestone of 1 Million Customers in Myanmar

Ooredoo Reaches Milestone of 1 Million Customers in Myanmar Ooredoo has already broken through the one million customer milestone in its newest market of Myanmar, less than three weeks after going live with its More...

By Staff writer On Saturday, August 23rd, 2014
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Foreign investors purchased AED 1.1 bn worth of shares on Dubai Financial Market

Dubai Financial Market (DFM) Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-U.A.E. nationals, from 17th to 21st August, 2014, reached about AED 1.137 billion, More...

By Staff writer On Saturday, August 23rd, 2014
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Oman Index Rises 18 Points

Muscat Securities Market (MSM) Muscat Securities Market (MSM) general index (30) today added (18.56) points, comprising a rise by (0.25%) to close at (7358.85) points. The trading value today stood at (RO 7.11) More...

By Staff writer On Friday, August 22nd, 2014
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KSE ends trading on green board

Kuwait Stock Exchange Trading came to an end on Thursady with the board at Kuwait Stock Exchange showing green digits as the weighted index ended up on a gain of 0.67 points, the price index reaching 7,350 points, More...

By Staff writer On Thursday, August 21st, 2014
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OPEC daily basket price stood at US$98.93 a barrel Tuesday 19 August 2014

The price of OPEC’s basket of twelve crudes stood at US$98.93 a barrel on Tuesday, compared with US$99.42 the previous day, calculations by the OPEC Secretariat, the executive organ of the Organization of More...

By Staff writer On Thursday, August 21st, 2014
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KSE ends trading on green board

Kuwait Stock Exchange Trading came to an end on Wednesday with the board at Kuwait Stock Exchange showing green digits as the weighted index ended up on a gain of 1.16 points, the price index reaching 7,339.56 points, More...

By Staff writer On Tuesday, August 19th, 2014
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Construction projects value in U.A.E. to hit US$315bn in 2014

U.A.E. , construction project The volume of announced and planned projects in U.A.E. in 2014 is expected to be worth $315 billion, and as of May 2014, $212 billion worth of construction projects were under construction, More...

By Staff writer On Tuesday, August 19th, 2014
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OPEC daily basket price stood at $99.94 a barrel

oil barrel The price of OPEC’s basket of twelve crudes stood at 99.94 dollars a barrel on Friday, compared with $101.02 the previous day, according to OPEC’s Secretariat calculations. The new OPEC Reference More...

By Staff writer On Tuesday, August 19th, 2014
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Regional Electronics Market Growth To Deliver Bumper Gitex Shopper 2014

U.A.E. , GITEX Shopper With the UAE’s consumer electronics market forecast to reach AED16 billion by next year, GITEX Shopper has remains a critical platform for the region’s consumer electronics industry, organisers More...

By Staff writer On Tuesday, August 19th, 2014
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KSE ends trading on green board

Kuwait Stock Exchange Trading came to an end for Monday with the board at Kuwait Stock Exchange showing green digits as the weighted index came to 490.22 points on a gain of 0.22 points, the price index to 7,267.37 More...

By Staff writer On Monday, August 18th, 2014
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DFM Achieves 011% Compliance in Local Company Disclosures of Q2-2014

Dubai Financial Market (DFM) Dubai Financial Market (DFM) today announced that its listed local public joint stock companies have recorded a 100% compliance regarding the disclosure of Q2-2014 results within the More...

By Staff writer On Monday, August 18th, 2014
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Kuwait stock market unfazed by trading suspension

Kuwait Stock Exchange  The stock market authority’s decision to suspend trading in shares of scores of listed companies over failing to post quarterly financial results did not prevent at least two of the More...

By Staff writer On Monday, August 18th, 2014
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Qatari Stock Market Down 0.66%

Qatari Stock Market Down 0.66% The Qatari stock market saw a decline of 88.96 points, equivalent to 0.66%, on its Sunday session. The index currently stands at 13,416.3 points. Some 22.5 million shares were traded More...

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