amwalalghad :: Arab

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        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        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        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 - 2012-07-19 08:34:22
Saudi Basic Industries Corp (SABIC), the world's largest chemicals producer, rose on Wednesday despite its quarterly profit trailing estimates, while earnings euphoria on Emaar Properties lifted Dubai's bourse to a new 10-week high. SABIC's shares, which were seen as oversold, climbed 0.6 percent to 86.75 riyals, taking their gains to 1.8 percent since July 15's 16-month low. SABIC's second-quarter profit fell 35 percent to 5.3 billion riyals ($1.41 billion). Analysts polled by Reuters on average forecast SABIC would make a quarterly profit of 6.58 billion riyals. It declared a 2-riyals per share dividend for the first half of 2012, which helped to lure back investors. More»
Amwal Al Ghad - 2012-07-19 08:30:17
Qatar stocks have been overlooked this year during a boom in some neighbouring Gulf markets, but new financial reforms and attractive valuations could pave the way for a rebound. Concerns about the slow pace of Qatar's massive infrastructure building programme has weighed on the Doha stock market this year. Trading volumes have also dropped significantly since mid-June with the summer lull kicking in and initial earnings reports presenting a mixed picture for investors. Qatar National Bank, the Gulf Arab state's largest lender by market value, this month posted a 16.7 percent jump in second-quarter profits, matching forecasts. Qatar Islamic Bank missed estimates, reporting a drop in net profit. More»
Amwal Al Ghad - 2012-07-16 16:09:10
Shares in Zain Saudi slumped to a record low on Monday amid a slow initial take-up of its rights issue, while Saudi Arabia's index fell to a near three-week low. But Emaar Properties lifted Dubai's bourse. Shares in Zain Saudi sank 4.4 percent to 11.90 riyals. The telecom operator's $1.6 billion rights issue, which closes on Tuesday, has sold only 54 percent of shares available, lead underwriter Banque Saudi Fransi (BSF) said. Parent firm Zain and underwriting banks are set to meet any shortfall. "People are playing it as an arbitrage opportunity, selling it at the current price and buying it at 10 riyals (the rights issue price)," said Ahmed Raza Khan, head of research for asset management at Riyadh-based MEFIC Capital. More»
Amwal Al Ghad - 2012-07-14 14:54:59
Saudi Arabian shares snapped a four- day losing streak after oil prices gained and Dar Al Arkan Real Estate Development Co. (ALARKAN) said holders of its $1 billion Islamic bonds will be repaid July 16. Dar Al Arkan, which plunged 20 percent last week, advanced the most since March 24. Mobile Telecommunications Co. Saudi Arabia (ZAINKSA), the mobile-phone company known as Zain Saudi, surged 5.2 percent. The benchmark Tadawul All Share Index (SASEIDX) rose 0.6 percent, the most since July 3, to 6,701.09 at the close in Riyadh. U.S. stocks rose for the week and oil prices advanced 3.1 percent last week to $87.10 a barrel amid investor speculation China, the world’s second-largest economy, may take more measures to stimulate growth. Saudi Arabia is the world’s biggest exporter of crude oil. More»
Amwal Al Ghad - 2012-07-10 15:28:05
Saudi Arabia's bourse slumped to a nine-day low on Tuesday as investors reacted to second-quarter earnings, while UAE banks were steady despite three international lenders withdrawing from debt restructuring talks with Dubai Group. In Saudi Arabia, the benchmark fell 0.7 percent to its lowest close since July 1. Saudi Arabian Mining Company (Maaden), dropped 3.1 percent. It reported second-quarter net profit doubled to 128 million riyals ($34.13 million) on Tuesday but the results fell far short of analysts' estimates. More»
Amwal Al Ghad - 2012-07-07 16:07:55
Shares in Saudi Arabia, the Arab world’s biggest stock market, gained as companies started to release quarterly results. Saudi Arabian Fertilizer Co. (SAFCO:AB), a unit of Saudi Basic Industries Corp. (SABIC.AB) rose to the highest level since May 2. Almarai Co. Ltd (ALMARAI:AB), the kingdom’s largest food producer by market value, gained the most since June 16 after announcing an 8.7 percent increase in second-quarter net income. Jarir Marketing Co. (JARIR:AB) gained the most in a week after reporting an 8.4 percent gain in quarterly earnings. The Tadawul All Share Index (SASEIDX) advanced 0.4 percent to 6,859.59 at the 3:30 p.m. close in Riyadh (12:30 GMT). The index had declined as much as 0.7 percent during trading today. More»
Amwal Al Ghad - 2012-06-30 13:09:23
Shares in Saudi Arabia, the Arab world’s biggest stock market, rose the most in 10 weeks after U.S. equities rallied on optimism that an accord among European leaders on banks will help contain the region’s debt crisis. Saudi Basic Industries Corp. (SABIC.AB), the world’s largest petrochemicals maker, and Al-Rajhi Bank (RJHI:AB), the kingdom’s biggest bank by market value, advanced the most since April 17. National Industrialization Co. (NIC.AB) gained the most since June 4. The Tadawul All Share Index rose 1.9 percent to 6,709.01 at the 3:30 p.m. (12:30 GMT) close in the capital Riyadh. More»
Amwal Al Ghad - 2012-06-23 15:19:42
Shares in Saudi Arabia, the only Gulf Arab stock market open on Saturdays, fell the most in more than a week as oil prices declined and after the U.S. Federal Reserve cut its economic forecast. Saudi Basic Industries Corp. (SABIC:AB), the world’s largest petrochemicals maker known as Sabic, dropped for the first time in four days. Saudi Kayan Petrochemical Co. (KAYAN:AB) fell the most since June 12. Al-Rajhi Bank (RJHI:AB), the biggest by market value, lost the most in a week. The Tadawul All Share Index (SASEIDX) retreated 0.9 percent 6,774.26 in Riyadh at the close. More»
Amwal Al Ghad - 2012-06-16 14:08:14
Saudi Arabia’s benchmark stock index dropped to its lowest level since January after state television reported that Prince Nayef, the kingdom’s interior minister and crown prince, had died. The Tadawul All Share Index (SASEIDX) fell as much as 2.7 percent to 6,565.82, the lowest intraday level since Jan. 31. The index pared its drop to 0.8 percent to 6,690.36 at 2:28 p.m. in Riyadh. Earlier, the measure had gained as much as 1.1 percent. Saudi Basic Industries Corp. (SABIC), the world’s biggest petrochemicals maker, fell 0.6 percent to 89.75 riyals ($23.93). Al Rajhi Bank (RJHI:AB), the kingdom’s largest lender by market value, dropped 2 percent to 72.25 riyals ($19.27), the biggest decline in two weeks. More»
Amwal Al Ghad - 2012-06-09 16:19:21
Shares rose in Saudi Arabia, OPEC’s biggest oil producer, as crude posted its first weekly jump since April and investors bet declines prompted by Europe’s debt crisis were overdone. Al Rajhi Bank (RJHI:AB), the kingdom’s largest lender by market value, rose 1.4 percent, while Saudi Basic Industries Corp. (SABIC:AB), the world’s biggest petrochemical maker, known as Sabic, gained 0.8 percent. More»