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Most Viewed News
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TickerPriceVolume
APPC 24.90331,205
ATHEEB 17.20959,318
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GHOS 10.00 
EYAS 310.00 
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United Arab Emirates
Micro Cap -48.4 (-1.85%) (19/Nov/2009)
Close 2,577.97
52-week high 2,950.62
52-week low 1,807.16
Volume 12,915,198
50-day average volume 35,116,840
1-month change -9.65
3-months change 1.34
12-month change 29.22
Performance comparison

Related News
Drydocks World - Dubai Wins Award for Fifth Year
(Khaleej Times - 21/11/2009)
Drydocks World - Dubai, the region’s ship repair, conversion and new building yard and flagship company of Drydocks World, reaffirmed its position in the marine industry, when it won the Shipbuilding/Shiprepair Award at the Lloyd’s List Middle East and In ...
 
Customer Service Ranks High on UAE Banks’ Agenda Amid Recession
(Khaleej Times - 21/11/2009)
Customer satisfaction with UAE banks has risen dramatically in 2009, with banks taking more aggressive steps to keep a narrowing customer base amid the global recession, according to an independent survey of retail banks in the country.

The fi ...
 
Equities End Week in Negative Territory
(Khaleej Times - 21/11/2009)
UAE shares capped the week in negative territory on broad-based profit-taking, as edgy investors cashed out ahead of the forthcoming Eid Al Adha holidays.

A downbeat outlook on the property sector by investment bank UBS, further dragged down p ...
 
Mohammed Issues Decrees Reorganising State Firms
(Khaleej Times - 21/11/2009)
His Higness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued several new decrees reorganising a number of government-run companies and appointing top officials to them.

He decre ...
 
‘UAE may See Up to 3pc Growth’
(Khaleej Times - 21/11/2009)
The UAE will see economic growth of up to 3 per cent next year, the country’s economy minister said on Friday, reiterating that growth would be a more tepid 1.3 per cent this year.

Sultan bin Saeed Al Mansouri was speaking to reporters on the ...
 
Structure of Amlak-Tamweel Merger? to be Finalised
(Khaleej Times - 21/11/2009)
The structure of the merger of mortgage lenders Amlak and Tamweel will be finalised before the end of ?the year.

Shaikh Khalid bin Zayed Al Nahyan, chairman of Tamweel and the Bin Zayed Group, said an extraordinary assembly would be held to an ...
 
Emaar India Unit Plans to Sell Shares: Alabbar
(Bloomberg - 21/11/2009)
Emaar Properties PJSC, the developer building the world’s tallest skyscraper in Dubai, plans an initial share offering in India “in a few weeks,” Chairman Mohammed Alabbar said.

“India has done extremely well for us, and that’s why we are goin ...
 
Dropping Dollar Peg ‘Not for Us’: Al Suwaidi
(Reuters - 21/11/2009)
The United Arab Emirates has no plans to drop its peg from the US dollar, its Central Bank chief said on Friday, while the recent rise in the price of oil has pushed it above the bank’s internal forecasts.

Dropping the dollar peg “is not for ...
 
Dubai Economy to Grow 5pc in 2009: Alabbar
(Khaleej Times - 21/11/2009)
Dubai’s economy continues to be strong and is expected to grow by five per cent in 2009, the chairman of the UAE economic advisory council said on Friday.

Mohammed Alabbar, who is also chairman of Emaar Properties, the country’s biggest proper ...
 
Flydubai aims to break even in two years
(Business 24|7 - 19/11/2009)
Dubais low-cost carrier Flydubai expects to break even in the next couple of years, according to CEO Ghaith Al Ghaith.

"We can hope to break even in the next couple of years and achieve a profit," Al Ghaith said yesterday at Dubai Airshow, wher ...

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