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Most Viewed News
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Dubai Financial Market
Insurance  -18.96 (-0.52%)   (19/Nov/2009)
Open 3,676.39
High 3,684.22
Low 3,646.99
Close 3,657.43
52-week high 4,021.38
52-week low 3,121.44
Volume 3,510,863
50-day average volume 17,334,132
1-month change -6.8
3-months change -1.8
12-month change 3.2
Technical Analysis Performance comparison

Related News
Dubai International Capital to Offer Almatis Lenders 40% Stake
(Bloomberg - 21/11/2009)
Dubai International Capital LLC is offering junior lenders a 40 percent stake in Almatis, a maker of alumina products, in a debt-for-equity swap, according to two people familiar with the matter.

The private-equity investor, based in the Unite ...
 
RAK takes share in Norway's DNO
(The National - 21/11/2009)
The UAE’s RAK Petroleum has become a significant shareholder of a Norwegian company pumping oil in Iraqi Kurdistan, but an offer to double its stake has been rebuffed.

RAK, a privately owned oil and gas company based in Ras al Khaimah, said yes ...
 
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 ...
 
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 ...
 
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 ...
 
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 ...
 
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 ...

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