amwalalghad :: Arab

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Money Markets - Arab

Amwal Al Ghad - 2012-03-04 16:15:31
Al Rajhi Bank, Saudi Arabia’s largest publicly traded lender, has appointed Sulaiman bin Abdul Aziz Al Zaben as chief executive officer after Abdullah bin Sulaiman Al Rajhi resigned. Al Zaben’s appointment will be effective April 1, the bank said in a statement to the Saudi bourse on Sunday. Al Rajhi resigned to pursue his personal business, it said, without providing further details. Al Rajhi reported in January a 14 percent rise in fourth-quarter profit, beating analysts’ estimates. The lender reduced provisions for bad loans to SR540.6m in the quarter from SR546.5m a year earlier. More»
Amwal Al Ghad - 2012-03-04 16:04:55
Aldar Properties led Abu Dhabi's bourse to a seven-month high on Sunday after Moody's raised its outlook on the developer to positive and Dubai's bourse extended its rally while other regional markets ended mixed. Shares in Aldar surged 6.8 percent to their highest close since August. Moody's changed the company's outlook to positive from negative after the government bought assets from the developer, reducing market risk. "Fundamentals are accurately reflected right now, but any bit of positive news is an addition the rally can take into account and build on," said Amer Khan, fund manager at Shuaa Asset Management. More»
Amwal Al Ghad - 2012-03-03 16:45:48
The Tadawul All-Share Index (TASI) extended gains for several weeks in a row. Last week, the index added 195.17 points, or 2.78 percent, to end at 7,226.43 and even poked above its previous 52-Week highest level at 7,031.26. It logged a healthy YTD return of 12.6 percent. "Though volatility exists but overall upward momentum in major recent economic indicators correlates Tadawul to drive high," Basil Kabbani, CEO of Zughaibi & Kabbani Financial Consultants, said. This upward price movement and happy buying climate may prolong at Saudi stock market, he added. More»
Amwal Al Ghad - 2012-03-03 16:26:22
The Iraqi Stock Exchange index increased by 0.2% to close at 122.7 points as rates of shares of 26 out of a total 51 companies were up during Thursday’s session of trading worth 1.834 billion Iraqi dinars (roughly $1.6 million). About one billion shares exchanged hands through 607 trading deals in the session that saw rates of shares of 26 companies up, 10 down and 15 keeping their previous levels. More»
Amwal Al Ghad - 2012-03-03 14:00:20
Saudi Arabian shares rose for an 11th day, the longest winning streak since August 2005, after global stocks advanced as manufacturing and jobs data in China and the U.S. boosted the world’s economic outlook.The Tadawul All Share Index (SASEIDX) rose 0.9 percent to 7,336.21, its highest level since Sept. 28, 2008. The 152-member index’s rally is the longest since a 14-day surge that ended on Aug. 8, 2005. Al Rajhi Bank (RJHI), Saudi Arabia’s largest publicly traded lender by assets, jumped the most in more than seven weeks. Alinma Bank (ALINMA), an Islamic lender, reached its highest price in 23 months. More»
Amwal Al Ghad - 2012-03-03 13:13:56
Mecca Gov. Prince Khaled Al-Faisal will open today the 12th Jeddah Economic Forum (JEF) under the theme “Beyond Borders: Building Tomorrow’s Economies.” More than 3,000 leading economists and businessmen from Saudi Arabia, the GCC and foreign countries are expected to attend the three-day event to be held at the Jeddah Hilton Hotel. Saleh Kamel, chairman of the Jeddah Chamber of Commerce and Industry (JCCI), which is organizing the forum, said this year’s gathering was a continuation of the previous other events which were very successful. More»
Amwal Al Ghad - 2012-03-03 09:58:03
Heavy flows of new money into Saudi Arabia’s stock market mean its bull run may just have begun, despite year-to-date gains by the main index of 13 percent, analysts say. Daily trading turnover on the Saudi exchange in February ran at between two and three times levels seen late last year. It jumped to SR16.1 billion ($4.3 billion) Tuesday, the highest level since January 2008 - before the global financial crisis damaged confidence in equities around the world. More»
Yomna Yasser - 2012-02-28 15:29:20
European stock markets headed mostly lower Tuesday after data showed orders for U.S. durable goods sank 4% in January, more than the 1.3% fall economists had expected. As Market Watch reports, the Stoxx Europe 600 index (XX:SXXP) -0.21% was 0.3% lower at 263.07 after trading as high as 265.03 earlier in the session. The U.K. FTSE 100 index (UK:UKX) -0.03% was off 0.2% at 5,904.09, while the German DAX 30 index (DX:DAX) -0.05% lost 0.2% to 6,834.37. The French CAC 40 index (FR:PX1) -0.17% shed 0.1% to 3,436.97.
Amwal Al Ghad - 2012-02-28 08:22:39
Standard and Poor's has classified Greek debt as in "selective default" following the deal it made with creditors to reduce its debts. S&P says the terms of that deal triggered the latest downgrade. Greek debt was already had a "junk" grade rating from the agency. Banks and other financial firms agreed to swap Greek debt for new bonds that were worth much less. Including interest payments, banks took losses of more than 70%. More»
Yomna Yasser - 2012-02-22 09:58:47
Germany’s benchmark stock index, the DAX Index, fell 0.4 percent at 9:51 as the 30-member index declined 29.68 to 6,878.50. More»