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Recommendations

Wataniya Telecom share recommended “Buy” by NBK Capital
(NBK Capital - 10/11/2009) 
Wataniya Telecom fair market value was reported by NBK capital at KWD 2.240 with a potential upside of 47% from its market price of KWD 1.520 at report date, 31 October 2009.
Qatar Telecom share rated “Accumulate” by NBK Capital
(NBK Capital - 10/11/2009) 
Qatar Telecom fair market value was reported by NBK Capital at QAR 180.00 with a potential upside of 13% from its market price of QAR 159.40 at report date, 31 October 2009.
Oman Telecom share recommended “Buy” by NBK Capital
(NBK Capital - 10/11/2009) 
Oman Telecom fair market value was reported by NBK Capital at OMR 1.930, with a potential upside of 47% from its market price of OMR 1.315 at report date, 31 October, 2009.
Etihad Etisalat share recommended “Buy” by NBK Capital
(NBK Capital - 10/11/2009) 
Etihad Etisalat fair market value was reported by NBK Capital at SAR 54.00, with a potential upside of 22% from its market price of SAR 44.10 at report date, 31 October, 2009.
Bahrain Telecommunication share rated “Accumulate” by NBK Capital
(NBK Capital - 10/11/2009) 
Bahrain Telecommunication fair market value was reported by NBK capital at BHD 0.700 with a potential upside of 13% from its market price of BHD 0.620 at report date, 31 October 2009.
Raysut Cement share recommended “Reduce” by NBK Capital
(NBK Capital - 10/11/2009) 
Raysut Cement fair market value was reported by NBK Capital at OMR 1.410 with a potential downside of 9% from its market price of OMR 1.544 at report date, 31 October 2009.
Ras Al Khaimah Cement share recommended “Accumulate” by NBK Capital
(NBK Capital - 10/11/2009) 
Ras Al Khaimah Cement fair market value was reported by NBK Capital at AED 1.44 with a potential upside of 17% from its market price of AED 1.23 at report date, 31 October 2009.
Oman Cement share rated “Accumulate” by NBK Capital
(NBK Capital - 10/11/2009) 
Oman Cement fair market value was reported by NBK capital at OMR 0.860 with a potential upside of 16% from its market price of OMR 0.745 at report date, 31 October 2009.
SABB share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
SABB fair market value was reported by NBK Capital at SAR 50.00 with a potential upside of 0.4% from its market price of SAR 49.80 at report date, 31 October 2009.
SAMBA share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
SAMBA fair market value was reported by NBK Capital at SAR 55.30 with a potential upside of 3% from its market price of SAR 53.50 at report date, 31 October 2009.
Riyad Bank share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
Riyad Bank fair market value was reported by NBK Capital at SAR 30.40 with a potential upside of 8% from its market price of SAR 28.10 at report date, 31 October 2009.
Qatar National Bank share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
Qatar National Bank fair market value was reported by NBK Capital at QAR 163.50, with a potential upside of 6% from its market price of QAR 154.30 at report date, 31 October 2009.
National Bank of Abu Dhabi share recommended “Reduce” by NBK Capital
(NBK Capital - 09/11/2009) 
National Bank of Abu Dhabi fair market value was reported by NBK capital at AED 12.70 with a potential downside of 6% from its market price of AED 13.45 at report date, 31 October 2009.
Banque Saudi Fransi share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
Banque Saudi Fransi fair market value was reported by NBK Capital at SAR 46.50 with a potential upside of 5% from its market price of SAR 44.20 at report date, 31 October 2009.
Bank Muscat share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
Bank Muscat fair market value was reported by NBK Capital at OMR 0.990 with a potential upside of 9% from its market price of OMR 0.910 at report date, 31 October 2009.
Arab National Bank share recommended “Hold” by NBK Capital
(NBK Capital - 09/11/2009) 
Arab National Bank fair market value was reported by NBK Capital at SAR 50.00 with a potential upside of 8% from its market price of SAR 46.20 at report date, 31 October 2009.
Aramex share recommended “Buy” by HC Securities & Investment
(HC Securities & Investment - 09/11/2009) 
Aramex fair market value was reported by HC Securities & Investment at AED 2.28 with a potential upside of 33.3% from its market price of AED 1.71 at report date, 09 November 2009.
du share recommended “Buy” by EFG Hermes
(EFG Hermes - 08/11/2009) 
du fair market value was reported by EFG Hermes at AED 4.98, with a potential upside of 35% from its market price of AED 3.70 at report date, 05 November, 2009.
STC share recommended “Buy” by EFG Hermes
(EFG Hermes - 08/11/2009) 
STC fair market value was reported by EFG Hermes at SAR 86.20 with a potential upside of 89% from its market price of SAR 45.50 at report date, 04 November 2009.
Savola share recommended “Buy” by EFG Hermes
(EFG Hermes - 08/11/2009) 
Savola fair market value was reported by EFG Hermes at SAR 39.4, with a potential upside of 37% from its market price of SR 28.7 at report date, 04 November, 2009.

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