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All Gulf stock markets were higher in early trade on Sunday.
A strong rebound by Gulf stock markets looks set to slow on Sunday as the outlook for oil prices remains cloudy, but the panic which engulfed stocks earlier this month is unlikely to return.
Stock markets in Saudi Arabia and the United Arab Emirates soared on Thursday after the price of oil rebounded and the Riyadh government eased investors' fears by saying it would continue spending heavily on economic development.
Broad-based demand for property is likely to prevent any crash.
The elections highlight a successful shift to democracy and a new constitution.
Syrian businessmen are worried the economic lifeline provided by Iran is under strain.
There are several reasons to expect a new trading range as low as USD20 to USD50, as in the period from 1986 to 2004.
The sudden fall of Gulf share prices gives new impetus to governments to improve financial regulation.
Core Gulf OPEC oil producers signaled they are prepared to wait six months to a year to see the market stabilise.
Plunging oil prices and a glut of cash calls have for now exhausted retail investor demand in Dubai's bourse.
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|Posted On||Company||Financial Date|
|10 Dec 2014||Dubai Parks and Resorts PJSC||New: 30 Sep 2014|
Latest estimates covering recommendations, target pricing, and financial forecasts.
|NBK Capital Limited||Buy||Air Arabia|
|NBK Capital Limited||Hold||du|
|NBK Capital Limited||Buy||Air Arabia|
|United Securities LLC||Buy||Air Arabia|
|Oman Arab Bank SAOC||Hold||Emaar Group|
The implementation of Basel III rules has created several challenges to Islamic financial institutions (IFIs)...15-12-2014
OPEC tolerated briefly a $34 oil price bottom at the heart of the Great Depression in early 2009. Is $40 oil...15-12-2014
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|Exchange Name:||Dubai Financial Market|
|Address:||World Trade Center, Dubai
P.O. Box 9700 Dubai, United Arab Emirates
|Telephone:||00 971 43055555|
|Fax:||00 971 43055566|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
09:30 - 10:00 Pre-opening
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