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United Arab Emirates
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Large Cap  -29.79 (-1.59%)
(19/Nov/2009) |
| Close |
1,847.33 |
| 52-week high |
2,026.08 |
| 52-week low |
1,130.14 |
| Volume |
137,817,154 |
| 50-day average volume |
235,994,018 |
| 1-month change |
-7 |
| 3-months change |
17.22 |
| 12-month change |
5.06 |
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Related News
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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 ...
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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 ...
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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 ...
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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 ...
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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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Stocks retain gains of 2009 despite the recent volatility
(Business 24|7 - 19/11/2009)
Share prices of 15 firms listed on the UAE stock markets have gone up more than 100 per cent since hitting multi-year lows in February this year, Emirates Business research shows.
Nine firms listed on Dubai Financial Market (DFM) and six on the ...
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Rakbank named 'Best Bank in Customer Service'
(AME Info - 19/11/2009)
Rakbank has been chosen as the best bank in customer service in the UAE in a study which assesses the quality of service provided by the biggest players in the UAE Retail Banking sector.
The 5th Annual Service Quality Bank Benchmarking Study, ...
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UAE banks' Saudi exposure totals $2.9bn
(Reuters - 19/11/2009)
Banks in the United Arab Emirates have a total exposure of $2.9 billion to Saudi groups Saad and Algosaibi, the UAE central bank said on Wednesday in its first detailed disclosure on the matter.
At least 13 UAE banks and seven foreign banks hav ...
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Structure completed on sixth DAMAC development
(Al Watan - 19/11/2009)
Luxury lifestyle provider DAMAC Properties has announced that the structure of it Tuscan Residences Mediterranean style development at Jumeirah Village South has been completed.
This brings the total number of projects that DAMAC Properties has c ...
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UP restructuring Dh2.75bn loan
(Business 24|7 - 19/11/2009)
Union Properties (UP), the oldest listed property developer in Dubai, has finalised restructuring of a Dh2.75 billion syndicated loan, which was lead-managed by Emirates NBD, according to a top official of the property major.
Talking to Emirate ...
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