GCC Stock Markets Indices

Economy & Business News

• Banks get extension to meet funding target of small units Times of Oman - 23/11/2016
• Qatar and UAE top in average wealth in the region Gulfnews - 23/11/2016
• Innovation is a key element of UAE’s socio-economic fabric The Gulf Today - 23/11/2016
• Assets of 23 national banks up 3.9% at Dhs2.171tr The Gulf Today - 23/11/2016

Market News

• GFH, Shuaa Capital fall in weak Dubai market Gulfnews - 23/11/2016
• Real estate shares weigh on Dubai index The National - 23/11/2016
• Kuwait bourse ends up in volatile trade–Ooredoo jumps 40 fils,KFH flat Arab Times - 23/11/2016
• Tadawul rebounds, outperforms rest of Gulf markets Arab News - 23/11/2016

Company News

• UNB : UNB partners with Orient Insurance on Islamic product The National - 23/11/2016
• DSI : Drake & Scull to cull civil contracting and Indian businesses The National - 23/11/2016
• CBQK : Fitch affirms CBQ's IDR at 'A+' with stable outlook The Peninsula - 23/11/2016
• DHBK : Doha Bank hosts 'Al-Dhameen' camp for SMEs The Peninsula - 23/11/2016

Forex News

• Wall Street hits record highs, dollar gains vs. yen Arab News - 23/11/2016
• Sterling steady near one-week high Arab News - 23/11/2016
• Yuan falls by 189 basis points The Peninsula - 22/11/2016
• Thai baht weathers bond exodus Gulf Times - 21/11/2016

• LOGISTICS : Net profit announced for the 9 months ending on 30/9/2016, KWD 5.63 million, an increase of 4.2%. 16/11/2016
• SULTAN : Net profit announced for the 9 months ending on 30/9/2016, KWD 1.45 million, an increase of 48%. 16/11/2016
• SENERGY : Net loss announced for the 9 months ending on 30/9/2016, KWD 3.67 million, compared to a loss of KWD 92,000 for the same period last year. 16/11/2016
• ABYAAR : Net loss announced for the 9 months ending on 30/9/2016, KWD 1.22 million, compared to a net profit of KWD 6,000 for the same period last year. 16/11/2016

• Etihad Etisalat - Mobily share rated “Neutral” by Alistithmar Capital 10/11/2016
• Almarai share rated “Neutral” by Al Rajhi Capital 10/11/2016
• Savola share rated “Overweight” by Al Rajhi Capital 10/11/2016
• Herfy Food Services share rated “Neutral” by Al Rajhi Capital 10/11/2016

• Intelligent IT solutions for Internet of Things Patrick Steiner - Saudi Gazette - 13/08/2016
• Kuwait has some catching up to do on reforms Jasim Ali - Gulf News - 13/08/2016
• Saudi Arabia takes second chance to attract foreign capital Siddesh Suresh Mayenkar - Gulf News - 12/08/2016
• Gulf’s upcoming VAT regime requires a holistic look Mohammad Al Asoomi - Gulf News - 11/08/2016