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Most Viewed News
 •  Alinma Bank unveils Infinite debit card in Saudi Arabia
 •  Rakbank named 'Best Bank in Customer Service'
 •  Kuwait at 7-month low
 •  Shamil Modaraba Success
 •  Oman Air offers Lanka package
 •  Commercial Bank Successfully Closes Lower Tier II
 Most Viewed Companies
TickerPriceVolume
APPC 24.90331,205
ATHEEB 17.20959,318
ACE 63.50230,147
GHOS 10.00 
EYAS 310.00 
SECO 11.00980,537
FUTUREKID 130.00 
GCC
Telecommunication Services 22.16 (0.61%) (19/Nov/2009)
Close 3,647.28
52-week high 4,203.8
52-week low 2,806.35
Volume 7,026,669
50-day average volume 16,773,175
1-month change -13.24
3-months change -6.85
12-month change -0.97
Performance comparison

Related News
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 ...
 
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 ...
 
Holidays weigh on Gulf stocks
(Saudi Gazette - 21/11/2009)
Most Gulf stock markets extended losses this week ahead of Eid Al-Adha holidays due to start on Nov. 26, financial analysts said Friday.

They also attributed the plunge to declines on global markets, the foggy picture surrounding the world recove ...
 
Subscription of GSM services in Oman on the rise
(Oman Daily Observer - 21/11/2009)
Subscribers of the fixed phone service offered by Omantel in the Sultanate stood at 263,362 by the end of September 2009, against 267,475 in September 2008, constituting a 1.5 per cent decline. Statistics issued by the National Economy Ministry have shown ...
 
First Gulf Bank completes $500m bond sale
(Reuters - 21/11/2009)
Abu Dhabis First Gulf bank has raised $500 million with a three-year conventional bond, an executive said on Thursday.

"We had an order book in excess of $3 billion with a wide investor base including banks and hedge funds," the executive told ...
 
Certificates of deposit tender results
(Oman Daily Observer - 21/11/2009)
Certificates of deposit (Issue No 644) tender was held at the Central Bank of Oman (CBO) last week. The total amount allotted for issue No 644 was RO 125.5 million. A bulletin issued by the CBO stated that the average interest rate of these certificates w ...
 
Attiyah sees no Opec output changes
(Reuters - 21/11/2009)
The Deputy Premier and Minister of Energy and Industry H E Abdullah bin Hamad Al Attiyah said yesterday he did not expect Opec to make any changes in its production output quotas when the group meets next in December.

When asked if there would ...
 
Kuwait index up as Zain rebounds
(Reuters - 21/11/2009)
Kuwait’s index rose for only the second time in a fortnight as beleaguered telecoms operator Zain rebounded, but most Middle East markets slipped in muted trading, tracking declines on global stocks as the dollar strengthened.

The inverse corr ...
 
BankMuscat rolls out card payment for municipal services in Dhofar
(Oman Daily Observer - 21/11/2009)
The electronic card payment facility introduced by BankMuscat for services offered by ministries and government agencies has reached Dhofar region with the Sultanate’s leading bank signing an agreement with Dhofar Municipality to roll out the facility in ...
 
Zain, Mobinil ink ‘One Network’ pact
(Trade Arabia - 21/11/2009)
Zain, a leading mobile telecom provider in the Middle East and Africa, has signed a strategic partnership with Mobinil to expand its ‘One Network’ platform to Egypt.

Over 27 million Zain customers in Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia ...

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