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Most major Gulf stock markets edged up on Thursday, supported by positive corporate news, while Egypt's bourse resumed a broad rally that had been sparked by the delay of an unpopular capital gains tax.
Kuwait's Al Ahli Bank will pay about USD150 million to acquire 98.5% of the Egyptian unit of Greece's Piraeus Bank, the Kuwaiti lender said.
Gulf stock markets may consolidate on Thursday after failing to break through key technical barriers this week, with oil price gains likely too small to spark fresh equity rallies.
The UAE, Qatar and Egypt are among the 10 most promising emerging markets, according to Renaissance Capital.
Navigation, collision detection systems that rely on networks could be strained in cars packed with entertainment features.
With cheap oil, GCC sovereign funds managers face pressure from politicians, public to prove investing reserves wisely.
GCC banks increasingly taking lead roles in syndicated loans to Asian, African institutions.
Some Egyptian judges are buying guns for protection after spate of terrorist attacks, which suggest they are on hit list.
High-performance carmakers risk losing a potentially big market.
Prime Minister Haider al-Abadi is stuck between a rock and a hard place.
Latest market and equity research, daily commentaries and technical analysis.
Latest spreadings of companies financials.
|Posted On||Company||Financial Date|
|21 May 2015||Kuwait Insurance Company (S.A.K.)||New: 31 Mar 2015|
|21 May 2015||The Commercial Real Estate Company K.P.S.C||New: 31 Mar 2015|
|21 May 2015||Manazel Holding Company K.P.S.C.||New: 31 Mar 2015|
|21 May 2015||Kuwait Real Estate Holding Company K.S.P.C.||New: 31 Mar 2015|
|21 May 2015||Shuaiba Industrial Company K.P.S.C.||New: 31 Mar 2015|
Latest estimates covering recommendations, target pricing, and financial forecasts.
|KAMCO Investment Company K.S.C.P||Buy||CRC|
|KAMCO Investment Company K.S.C.P||Buy||Mabanee Real Estate Company|
|KAMCO Investment Company K.S.C.P||Buy||Salhia Real Estate|
|NBK Capital Partners||Buy||Mazaya|
|NBK Capital Partners||Buy||Jazira Airways Group|
It is too early for Saudi oil officials to declare victory on their recent oil production and pricing...14-05-2015
The physical market foresaw weakness in spot prices, while the futures market prophesied strength going...07-05-2015
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|Exchange Name:||Kuwait Stock Exchange|
|Address:||Mubarak Al Kabir Street, Kuwait City, Kuwait
P.O. Box 22235 Safat, 13083, Kuwait
|Telephone:||00 22 423130|
|Fax:||00 22 413538|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
9:15 - 12:15 Opening
All times are local (GMT +3)
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