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GCC
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Multi Sector Holdings  9.73 (0.52%)
(19/Nov/2009) |
| Close |
1,855.81 |
| 52-week high |
2,412.68 |
| 52-week low |
1,372.51 |
| Volume |
22,001,529 |
| 50-day average volume |
30,121,599 |
| 1-month change |
-12.26 |
| 3-months change |
-4.96 |
| 12-month change |
-8.68 |
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Related News
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Kristal to set up construction firm in Bahrain
(Trade Arabia - 21/11/2009)
Top Indian construction company, Kristal Group, has formed a joint venture with Bahrain-based Crown Dilmun Development to set up the new firm Kristal Crown International to handle civil contracting works in the Kingdom.
Bangalore-based group an ...
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Istithmar May Lose Control of W Union Square Hotel in Auction
(Bloomberg - 21/11/2009)
Istithmar PJSC, the Dubai-based investment company, may lose control of the W New York Union Square hotel in Manhattan at a foreclosure auction next month by holders of the mezzanine debt on the property.
The Istithmar Hotels Union Square Mezz ...
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Gulf monetary union well on track: Saudi
(Agencies - 21/11/2009)
Saudi Arabian central bank governor Muhammad al-Jasser said that Gulf monetary union is “well on track” and he expects Kuwait’s parliament to ratify an accord that would establish a regional monetary council.
“We have four countries that have rea ...
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Shell seeks to reassure on investment in Qatar
(Bloomberg - 21/11/2009)
Shell’s Pearl GTL joint venture will process 320,000 barrels of oil equivalent a day into 140,000 barrels of GTL products and 120,000 barrels of ethane. The venture required investment of as much as $18bn. Shell has a 30% stake in the Qatargas 4 liquefied ...
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Palestine Telecom cancels Zain deal
(Reuters - 21/11/2009)
The Palestine Telecommunication Co (Paltel) said it had cancelled a deal in which Kuwaiti telecommunications firm Zain would have gained a majority stake in the Palestinian firm.
Zain confirmed the cancellation of the deal with Paltel, which ha ...
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Oman to take part in Gulf Industrialists’ Conference
(Oman Daily Observer - 21/11/2009)
The Sultanate will take part on Monday at the 12th Gulf Industrialists’ Conference organised by Gulf Organisation for Industrial Consultancy (GOIC) under the theme ‘the future of industry at the GCC countries 2020 and lasts for three days. The Sultanate’s ...
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QE recovers losses on buying support
(Gulf Times - 21/11/2009)
Braving a steep fall on the first day, Qatar’s bourse gained a huge 4.07% in the week ended Thursday, mainly on buying support from local and foreign institutions.
The 20-stock key benchmark settled 281 points higher at 7,183.76 points in the rev ...
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Saad Group to sell 19% stake in Petra Diamonds
(Saudi Gazette - 21/11/2009)
Saad Group has agreed to sell a 19 percent stake in Petra Diamonds Limited, a UK-based mining company focusing on diamond resources, for $100 million in a private placement.
Saad Group is a Saudi Arabia-based conglomerate engaged in construction ...
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China refiners agree 12% rise in crude imports from Aramco
(Reuters - 21/11/2009)
Chinese state oil firms have agreed to raise 2010 crude imports from Saudi Arabia by about 12 percent from this year to top one million barrels a day, traders said, as demand in the world’s No.2 oil user is poised to recover more.
Growth is set t ...
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Kingdom’s infrastructure outlook ‘positive’
(Saudi Gazette - 21/11/2009)
Saudi Arabia’s infrastructure sector is forecast to achieve a real growth of 2.88 percent y-o-y in 2009, with the construction industry’s value to reach SR77.69 billion ($20.74 billion).
According to “Saudi Arabia Infrastructure Report Q1 2010” r ...
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