Text size:

  • Small
  • Normal
  • Large
  1. Business
  2. Markets
  • Connect: facebook twitter Google Plus
  • Radio: Classic FM
  • Feed: rss

Markets

Abu Dhabi Commercial Bank buys back shares worth Dh1.15bn

Abu Dhabi Commercial Bank bought back shares worth Dh1.15 billion at the end of last week, the bank said in a statement on Sunday. Read Article Abu Dhabi Commercial Bank buys back shares worth Dh1.15bn

Emaar Properties first-quarter profit drops

Emaar Properties reported an 8 per cent drop in first-quarter net profit on Tuesday, missing analysts' forecasts, as sales and administration expenses rose sharply. Read Article Emaar Properties first-quarter profit drops

Heed sound advice if you plan to invest soon

A wise old man once told me that when I came of age I must forge close relationships with three important people: my barber; my banker; and my jeweler. Read Article Heed sound advice if you plan to invest soon

Industry Insights  

economics

Increased expat ownership of UAE companies remains open to debate, says Minister of Economy

Stalled discussions to push through the revised 'most critical' companies law will resume next week, Sultan Al Mansouri said. While foreign ownership will not form part of those talks, the issue is not dead.

Tom Arnold

economics

Investors look at UAE for long haul

Investors are ploughing capital into the Emirates for the long-run as political instability strains the Middle East, and the UAE appears a more attractive investment for those who may not exit the country for many years.

Gregor Stuart Hunter

Philippine peso hits 6-month low as remittance growth slows

The Philippine peso slid to its weakest in nearly six months as growth in remittance inflows hit a five-month low and offshore funds sold the currency, despite a rebound in other emerging Asian currencies. Read Article Philippine peso hits 6-month low as remittance growth slows

Dubai developer Arabtec's shareholders approve capital raise

Shareholders of Dubai-based developer Arabtec approved a $1.8 billion capital increase program, paving the way for its regional expansion plans. Read Article Dubai developer Arabtec's shareholders approve capital raise

Arabtec shares rise to highest in a month

Arabtec Holding climbed to the highest in a month on investor bets the shares of the Gulf's largest publicly traded builder are cheap compared with Dubai-based property developers. Read Article Arabtec shares rise to highest in a month

Kurdistan gets help to start Erbil Stock Exchange

The Kurdistan Regional Government hires Louis Berger Group to help start the first stock exchange in the semi-autonomous region of northern Iraq. Read Article Kurdistan gets help to start Erbil Stock Exchange

Barclays chief says investors should take on more risk

Henk Potts, the director of global research and investment at Barclays, says it is time investors increased their exposure to risk as the world moves from crisis on to the road to recovery. Read Article Barclays chief says investors should take on more risk

Mergers and acquisitions across Middle East roar in Q1

A $6.4bn buyout of Egypt's Orascom Telecom by Altimo is the region's biggest announced M&A deal so far this year, while the merger of Aldar Properties and Sorouh Real Estate has been the largest in the UAE. Read Article Mergers and acquisitions across Middle East roar in Q1

Shares dive with losses up for Gulf Navigation

Dubai-based shipping company is confident it can avoid demand for immediate repayment of loans.  Read Article Shares dive with losses up for Gulf Navigation

Emirates NBD bond snapped up quickly

An uptick of debt listings for Dubai's government related entities on the emirate's two exchanges. Read Article Emirates NBD bond snapped up quickly

Stay with 'the quality' on India stocks

India's jittery stock markets are likely to remain choppy for some time as the country continues to grapple with economic issues including slower growth, analysts say. Read Article Stay with 'the quality' on India stocks

Dividend lifts Waha Capital to highest point in two years

Waha Capital rose to the highest level in almost two years, after the Abu Dhabi based investment and leasing company recommended the highest dividend to investors in eight years. Read Article Dividend lifts Waha Capital to highest point in two years

Live markets

1 day 1 month 3 months 6 months 1 year
Saudi 2010-05-19 -156.03 6401.06 -2.38%
Amman 2010-05-19 -16.7 2493.84 -0.67%
Kuwait 2010-05-20 -11.4 7063.6 -0.16%
Dubai 2010-05-20 14.54 1700.3 0.86%
Abu Dhabi 2010-05-20 6.41 2781.67 0.23%
Doha 2010-05-19 -169.28 7085.04 -2.33%
Muscat 2010-05-20 -4.33 6505.54 -0.07%
Bahrain 2010-05-19 -4.96 1516.07 -0.33%
Palestine 2010-05-19 -0.75 498.86 -0.15%
Egypt 2010-05-19 -272.22 6489.06 -4.03%
Stock chart

Data supplied byTickerChart

Industry Insights  

Premium business content offered by The National

economics

Western Region to get raft of new projects

The Western Region is set to benefit from a series of new projects as part of Dh330 billion package of investment into the wider emirate over the next five years.

Lucy Barnard

economics

Wanted: new faces and new ideas for entrepreneurship

Creating a dynamic and resourceful environment for SMEs and entrepreneurs in the GCC is a vital component in maintaing competition and helping to create jobs in tough economic climates.

The National staff

economics

Myanmar to pump oil and gas to energy-hungry China

A huge project to transport oil and gas from the former Burma to the world's second-biggest economy promises to improve energy security in the face of China's burgeoning fuel demand.

Clifford Coonan

SOUND & VISION

(Video)

Industry Insights Forum - James Hogan, Etihad Airways

Industry professionals gathered at an exclusive event to discuss the aviation industry with CEO of Etihad Airways, James Hogan. Watch Video

economics

There is a clock ticking at Dubai World. The alarm will not sound for a long time yet, but the ticking is remorseless, and is concentrating minds at the government-owned conglomerate and in the emirate's banking community.

Frank Kane

Most Commented


Sound & Vision

  • In pictures: Dubai in top 10 fastest rising property markets in the world See Pictures

    In pictures: Dubai in top 10 fastest rising property markets in the world (Photos)

  • In pictures: Swarovski studded tub See Pictures

    In pictures: Swarovski studded tub (Photos)

  • In pictures: Compare the price of Donald Trump's golf course with the UAE's finest See Pictures

    In pictures: Compare the price of Donald Trump's golf course with the UAE's finest (Photos)

  • In pictures: Arabian Travel Market See Pictures

    In pictures: Arabian Travel Market (Photos)

  • Video: Western shoppers unsure about pressuring retailers about Bangladesh Watch Video

    Video: Western shoppers unsure about pressuring retailers about Bangladesh (Video)

  • In pictures: Rotana's 5-star hotel on Saadiyat Island See Pictures

    In pictures: Rotana's 5-star hotel on Saadiyat Island (Photos)

  • In pictures: Apple products throughout the years See Pictures

    In pictures: Apple products throughout the years (Photos)

  • In pictures: Rosewood Hotel on Abu Dhabi's Al Maryah island to open See Pictures

    In pictures: Rosewood Hotel on Abu Dhabi's Al Maryah island to open (Photos)

  • Video: Aldar optimistic about key developments Watch Video

    Video: Aldar optimistic about key developments (Video)

  • Video: TDIC on the Louvre and Saadiyat Beach Villa project Watch Video

    Video: TDIC on the Louvre and Saadiyat Beach Villa project (Video)

THE MOST FROM THE NATIONAL

View History

Editor's Picks

UAE companies law talks back on the agenda

The Minister of Economy Sultan Al Mansouri said the companies law was one of

Stalled discussions to push through the revised 'most critical' companies law will resume next week, Sultan Al Mansouri said. While foreign ownership will not form part of those talks, the issue is not dead.  UAE companies law talks back on the agenda

Dubai is top target market for new retailers

bz21-dubairetail

Dubai is the world's second biggest retail destination - for the second year running, according to a report by the international property specialist CBRE.  Dubai is top target market for new retailers

LinkedIn works overtime to stay fresh

LinkedIn is based in Mountain View, California. David Paul Morris / Bloomberg

The Life: If a week is a long time in politics, 10 years, in social media terms, feels positively ancient.  LinkedIn works overtime to stay fresh

Obstacles to Emiratisation remain

Visitors check out job opportunities at Careers UAE 2012. Ninety per cent of the 225,000 Emiratis in the workforce are employed in the public sector. Jeff Topping / The National

Barriers are still holding back Emiratis from joining the private sector despite 2013 being designated the year of emiratisation.  Obstacles to Emiratisation remain

NY Times considers Arabic site

The New York Times Company building in New York. The newspaper is planning language websites that will feature local contributions and translated edition articles. Michael Nagle / Bloomberg News

The New York Times is considering launching an Arabic version of its website in line with its expansion efforts in the digital age.  NY Times considers Arabic site

Blogs

Eight years of YouTube

Plugged In

Sound & Vision

Video: TDIC on the Louvre and Saadiyat Beach Villa project

Video: TDIC on the Louvre and Saadiyat Beach Villa project(Video)

Full screen

Video: Aldar optimistic about key developments

Video: Aldar optimistic about key developments(Video)

Full screen

Video: Facebook ventures into the travel sector

Video: Facebook ventures into the travel sector(Video)

Full screen

Video: A look inside the Kaloti gold refinery

Video: A look inside the Kaloti gold refinery(Video)

Full screen

Events

To add your event to The National listings, click here

Topics

(What is this)

E-Paper
e-paper

View the paper as it appeared in print

Register here

Download the iPad ereader

Here

App
e-paper

Keep up to date with the latest news on the move

Get your iPhone app here

Sections

The National Conversation

Sound & Vision

The Guide

Events

Online Features

My National

Do you have a story?

On the site:

Can't find what you are looking for? Try The National Topics