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Saudi Arabia's stock market stabilized and turned positive late in the session on Thursday after a sell-off driven by the escalation of conflict in Yemen.
Middle East stock markets fell sharply in early trade on Thursday after Saudi Arabia and allies launched air strikes in Yemen, edging towards a fresh proxy war with Iran. But the Saudi market came well off its lows after an initial plunge.
Waha Capital, an Abu Dhabi-based investment company, approved a cash dividend of 30 per cent during the company’s annual general meeting held on Tuesday.
GCC has almost zero eco exposure to Yemen, may benefit from Yemen conflict if it pushes up global oil prices, analysts said.
CEOs at large U.S. companies collectively realized at least USD 6 billion more in compensation than initially estimated.
Across the Gulf, companies that have traditionally used conventional finance are considering whether to "go Islamic".
One of remarkable things of extraordinary monetary stimulus packages is the trap created by the authorities for themselves.
Stock and bond markets rallied after Federal Reserve sounded less likely to act aggressively in raising interest rates.
Manager of Dubai's Daman Fifth Fund, says there is plenty of upside in GCC markets, despite oil prices plunge.
Equity investors may want to check out a fund that hasn't made an original stock market bet in 80 years.
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|Posted On||Company||Financial Date|
|24 Mar 2015||Emirates Telecommunications Corporation||New: 31 Dec 2014|
|24 Mar 2015||Fujairah Building Industries||New: 31 Dec 2014|
|24 Mar 2015||National Corporation for Tourism and Hotels||New: 31 Dec 2014|
|24 Mar 2015||Sharjah Cement and Industrial Development Company (PSC)||New: 31 Dec 2014|
|23 Mar 2015||Arkan Building Materials Company||New: 31 Dec 2014|
Latest estimates covering recommendations, target pricing, and financial forecasts.
|NBK Capital Partners||Buy||ADIB|
|NBK Capital Partners||Buy||Etisalat Group|
|NBK Capital Partners||Buy||Agthia Group|
|NBK Capital Partners||Hold||National Bank of Abu Dhabi|
|NBK Capital Partners||Hold||ADCB|
Answering a former economics student's questions.23-03-2015
At the beginning of 2010, a new standard from the Accounting and Auditing Organization for Islamic Financial...15-03-2015
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|Exchange Name:||Abu Dhabi Securities Exchange|
|Address:||Hamdan Street, Al Ghaith Tower,
P.O. Box 54500
|Telephone:||00 971 26277777|
|Fax:||00 971 26128728|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
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10:00 - 14:00 Continous Trading
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