As for GCC markets, Oman was the only market to gain this month.
Saudi banks led the market down as they fell by 8.0% in June on concerns of exposure to the troubled Saudi groups. …Read full article » United Arab Emirates: Wednesday, July 08 - 2009 @ 11:32
The UAE market was the poorest performing market during January 2010 while Tunisia and Egypt were the best performing regional markets for the month, each recording a MTD gain of 8.8%. Morocco came in second …Read full article » United Arab Emirates: Tuesday, February 09 - 2010 @ 10:51
The DFM and ADI also picked up pace, following a statement from Dubai World regarding the possibility of offering its creditors 60 cents on the US dollar guaranteed by the government as part of a …Read full article » United Arab Emirates: Wednesday, March 10 - 2010 @ 11:34
On a regional level, there were few positive catalysts to push markets higher. Without any identifiable catalysts, investors will need to wait for Q2 2010 results which should give an indication on how local business …Read full article » United Arab Emirates: Sunday, July 11 - 2010 @ 11:17
All regional equity markets recorded gains, with Egypt and Saudi Arabia gaining 24% and 20%, respectively, to lead the pack for the month and the year.
The Kuwaiti market showed some signs of recovery after …Read full article » United Arab Emirates: Tuesday, May 12 - 2009 @ 15:35
Egypt was the second best performing Arab market in October, after the Lebanese market, maintaining its position as the best performing Arab market year to date. Egypt, which gained 3.0% in October, was one of …Read full article » United Arab Emirates: Monday, November 09 - 2009 @ 10:50
On the other hand, the Egyptian and UAE markets opened sooner after the Eid holiday and their indices plunged substantially on November 30. In contrast, global markets had a very strong month as the S&P …Read full article » United Arab Emirates: Sunday, December 13 - 2009 @ 10:48
The Dubai government stated that it will not guarantee the debt of its government related entities. On December 14th, the government of Abu Dhabi injected $10.0bn to the Dubai Financial Support Fund, which will be …Read full article » United Arab Emirates: Monday, January 11 - 2010 @ 12:40
With losses of 72% in 2008, the Dubai Financial Market (DFM) was the worst performing market, while its neighbors in Abu Dhabi performed relatively better with a loss of 48% for the year.
A strong …Read full article » United Arab Emirates: Sunday, January 11 - 2009 @ 14:41
Qatar was the best-performing market in the region this month, while Egypt overtook Saudi Arabia as the best-performing Arab market in 2009. Higher oil prices, improved investor sentiment and positive corporate announcements were the main …Read full article » United Arab Emirates: Tuesday, June 09 - 2009 @ 12:24