Home | Contact
   
   
  Sectors
  Economy & Trade
  IT & Telecom
  Financial Markets
  Forex
  Oil & Energy
  Agriculture
  Industry
  Retail & Services
  Construction & Real Estate
  Transport
  Tourism
  Trade Links
  Arab-British
  German-Arab
 
 
Saturday 17th, May 2008 -- 10:17 GMT
 Financial Markets
 
Moody's: Omani banks enjoy strong earnings and growing franchises
 The rated Omani banks continue to enjoy well-established domestic franchises, strong earning-generating capability despite pressure on interest rate margins and good capital levels, says Moody's Investors Service in its latest 'Banking System  ...
Arig posts net profit of US$ 3 million for 1st quarter 2008
 Manama: Arab Insurance Group (B.S.C.) (Arig) announced a net profit of US$ 3.0 million for the first quarter 2008 (Q1 2007: US$ 7.6 million). The performance of the company’s core reinsurance business was better than expected but the volatility of  ...
Daman investments launched AED50 million art fund
 Daman Investments announced the establishment of an innovative fund devoted to building a significant collection of Arab and Middle Eastern Art. Speaking on behalf of Daman, the group CEO Mr. Shehab Gargash said: “We believe  ...
NBF Q1 results show consistent business growth
 National Bank of Fujairah (NBF) announced its results for the three months period ended 31 March 2008 recording profit of AED 55.4 million, down 31% from corresponding quarter of 2007  ...
First Bahrain and KFH-Bahrain sign project financing deal
 First Bahrain Real Estate Development Co. (First Bahrain) - a leading regional real estate developer– today announced it had closed on an Islamic project financing facility with Kuwait Finance House - Bahrain (KFH-Bahrain) to develop a USD25 million  ...
Rasmala summary of Middle East market overview
 After a dismal first quarter, April provided respite to equity market participants, with a global recovery in share prices. The MENA equity markets performed better than global peers, with a more than 8% gain for the month and only Morocco ending in  ...
Global initiates its coverage on Masraf Al Rayan and values the stock at QR25 with a BUY recommendation.
 Global Investment House – Kuwait – Masraf Al Rayan – Initial Research Report- Masraf Al Rayan (Masraf) was incorporated as Qatari Shareholding Company in January 2006. Masraf operates through its head office located on Grand Hamad Street in Doha  ...
Fitch upgrades Bank Muscat's individual rating to 'B/C'
 Fitch Ratings has upgraded Oman-based Bank Muscat's (BM) Individual rating to 'B/C' from 'C' and affirmed its other ratings at Long-term Issuer Default (IDR) 'A-' (A minus) with Stable Outlook, Short-term IDR 'F2' and Support '1'.  ...
Bullish trading at Kuwait Stock Exchange
 Kuwaiti stocks on Tuesday rallied past the 15,000-point mark for the first time on positive first quarter results and cashflow, traders said.  ...
NBK Capital launches US$ 125 million Kuwait Investment Opportunities Fund
 NBK Capital, one of the leading regional investment banks, has successfully launched the Kuwait Investment Opportunities Fund with assets under management of US$ 125 million. The Fund is focused on investing in private equity opportunities in  ...
Kuwait's Burgan Bank to buy United Gulf Bank
 Burgan Bank – one of the leading banks in Kuwait – has announced plans to buy United Gulf Bank’s holdings in four regional operations for a total of US$ 725 million (KD 194  ...
Abu Dhabi bourse gets new brand
 The Abu Dhabi Securities Exchange (ADX) is the new name of the UAE capital’s bourse. Formerly called the “Abu Dhabi Securities Market”, the ADX said the renaming, and accompanying rebranding, reflects international practice and the increasing  ...
GCC corporate governance ‘developing rapidly’ says Emaar Industries & Investments
 Emaar Industries & Investments’ CEO, Dr. Ahmad Khayyat, has today commented on the GCC’s corporate governance advancements and has highlighted the potential for the region to act as a global  ...
   
 
Arab Bank Group posts $ 295.0 m pre-tax  ...
Mashreq 1st quarter results demonstrate  ...
SABIC launches its third Sukuk  ...
Ithmar Capital enters into strategic  ...
Investcorp secures $243 million 5-year  ...
KAMCO announces listing of DAMAC  ...
Waha Capital reports AED 29.7 million  ...
Global launches first GCC Telecom  ...
Tamweel successfully closes US$235  ...
BankMuscat Q1 net profit at RO 26.5  ...
Takaful industry set to hit $10 billion  ...
Orion Brokers to trade up in  ...
  About Us Advertising Contact Us Privacy  
 
© 2000 - 2008 Mena Report (www.menareport.com)