GCC Stock Markets Indices

Economy & Business News

• WEF to focus on challenges The National - 24/05/2013
• Abu Dhabi holding firm Senaat plans share sale Reuters - 24/05/2013
• Dolphin Energy’s flaring rates are ‘among the best’ in Qatar Gulf Times - 24/05/2013
• Dubai among top four in prime global cities index Khaleej Times - 24/05/2013

Market News

• Market Cap Indices Turn Red at Qatar Exchange Gulfbase.com - 24/05/2013
• Small Cap and Large Cap Push ADX Index Lower Gulfbase.com - 24/05/2013
• Rebound in UAE markets sets up IPO pipeline The National - 24/05/2013
• Market cap surges to SR 1.48 trillion Gulfbase.com - 24/05/2013

Company News

• BKSB : Bank Sohar to hold draw for 'Mystery Sahara' credit card campaign AME Info - 24/05/2013
• SABIC : SABIC unveils 'Archi-Light Concept House' AME Info - 23/05/2013
• NBK : NBK Capital exits Turkey hospital chain Trade Arabia - 23/05/2013
• MASQ : Mashreq to enhance mobile banking app Trade Arabia - 23/05/2013

Forex News

• Dollar recovers from 2-week low vs yen, focus on Nikkei Reuters - 24/05/2013
• FOREX-Dollar dips vs euro on Fed's Bullard's remarks; Bernanke ahead Reuters - 24/05/2013
• Forex - GBP/USD falls on U.S. monetary policy issues Investing - 24/05/2013
• Rupee weakens by 31 paise to 55.80 The Hindu Business Line - 23/05/2013

• EXCH : Net profit announced for the 1st Quarter of the year 2013, KWD 258029.00, an increase of 44%. 21/05/2013
• SADAFCO : Cash dividend SR 3 per share announced for the financial year ended 31/03/2013. 19/05/2013
• SUDATEL : Net loss announced for the 1st Quarter of the year 2013, AED 15.97 million, compare to net profit of AED 60.99 million for the same period last year. 16/05/2013
• PCLI : Net profit announced for the 1st Quarter of the year 2013, OMR 23191.00, compare to loss of OMR 152000.00 for the same period last year. 16/05/2013

• Al Mabanee share recommended “Hold” by Global Investment House 22/05/2013
• Salhiah Real Estate share recommended “Hold” by Global Investment House 22/05/2013
• Almarai share rated “Neutral” by EFG-Hermes 22/05/2013
• Astra Industrial Group share rated “Overweight” by Al Jazira Capital 21/05/2013

• IFSB plays key role in market education of Islamic finance Mushtak Parker - Saudi Gazette - 14/05/2013
• IFSB: Challenges ahead for next few years Mushtak Parker - Saudi Gazette - 14/05/2013
• Positive rebound in oil prices Dr. Sami Alnuaim - Saudi Gazette - 11/05/2013
• Kuwait: Boosting capital spending Oxford Business Group - 07/05/2013