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GCC
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Consumer Staple  28.57 (0.71%)
(19/Nov/2009) |
| Close |
4,038.74 |
| 52-week high |
4,245.14 |
| 52-week low |
2,640.04 |
| Volume |
5,517,398 |
| 50-day average volume |
15,407,824 |
| 1-month change |
-4.4 |
| 3-months change |
9.07 |
| 12-month change |
29.9 |
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Related News
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US stocks take a hit
(thehindubusinessline - 21/11/2009)
US stocks slid on Thursday as another batch of economic data pointed to the fragility of the recovery and a brokerage’s opinion on the semiconductor sector hit technology shares.
The Dow Jones industrial average shed 93.87 points, or 0.9 per ce ...
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Rate of Return on Burj Dubai Just Below 10%, Alabbar Says
(Bloomberg - 21/11/2009)
The rate of return on the Burj Dubai, the world’s tallest skyscraper, is just below 10 percent, said Mohammed Alabbar, chairman of Emaar Properties PJSC. The building will push up surrounding property prices, he said at a conference in Dubai.
...
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Gulf corporate tax rates seen falling this year
(Trade Arabia - 21/11/2009)
The corporate tax rates in some GCC countries are falling this year, at a time when elsewhere in the world, governments are demanding more from businesses.
Many of the corporate tax trends seen elsewhere in the world are not necessarily applica ...
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Qatar crude drops as low profits discourage refiners
(Gulf Times - 21/11/2009)
Crude oils from Qatar, which last year sold all of its supplies to Asia, fell as low processing profits discouraged refiners from purchasing. Qatar Marine for January loading declined 3¢ to a premium of 10¢ a barrel against its official selling price, acc ...
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Qatar’s $7bn bond likely to trigger more debt issues
(Gulf Times - 21/11/2009)
Qatar’s $7bn sovereign bond this week is likely to trigger further debt issuance from companies in the gas-rich state, as bank lending remains tight and the need for capital increases, a senior Credit Suisse executive said.
“There is strong dema ...
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Investment urged to help Gulf start-ups
(The National - 21/11/2009)
Governments have been urged to channel investments into building a venture capital industry in the Gulf to help foster entrepreneurship.
Sovereign wealth funds and state-controlled organisations should invest in venture capital initiatives to h ...
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Dubai Expects to Find Investors for Second Bond Issue
(Bloomberg - 21/11/2009)
Dubai, whose growth as a center for banking and tourism was damaged by the financial crisis, expects its economy to recover further this year and investors to buy much of a $10 billion bond issue by the sheikhdom.
Investors will buy a “reasona ...
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Etisalat hosts a new football-freestyle world record in the making
(Business Intelligence - 21/11/2009)
As the national supporter of the FIFA Club World Cup, Etisalat announced its sponsorship activation for the FIFA Beach Soccer World Cup being held at Jumeirah Beach, Umm Sequim, till 22 November.
Adding to the football fervour and fest, Etisal ...
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Almoayyed, Abloy committed to Oman growth
(Trade Arabia - 21/11/2009)
AlMoayyed International, an upcoming diversified business group in Oman, and their Finnish partner Abloy, world leader in ironmongery solutions, have pledged to support the overall infrastructural development of Oman.
“With the gradual return o ...
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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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