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Middle East

 DP World shares remain under pressure 

Sunday, May 20, 2012
The FTSE NASDAQ Dubai UAE 20 Index closed at 1565.72 off 1.03%, from the previous close. Dubai Ports (DP) World plummeted 2.86% to close at $10.20, as 224k shares were traded,...

 Moody's affirms Qatar's Nakilat investment grade rating  

Sunday, May 20, 2012
The QE 20 Index declined 0.62% to close at 8,402.97. Qatar Gas Transport Company or Nakilat declined by 1.67% to close at QR15.68. Earlier in the day, Nakilat announced that the...

 Aldar Properties consolidates above one Dirham 

Sunday, May 20, 2012
The Abu Dhabi Securities Exchange (ADX) fell 0.18% to close at 2,463.43 points. Emirates Insurance co. posted the largest advance, gaining 8.33%. Arkan Building Materials was the...

 Resilient Dubai market defends key support level  

Sunday, May 20, 2012
The Dubai market closed 0.61% lower at 1,466.56 points Sunday. Weak input from the Saudi bourse, which fell below 7,000 Saturday, weighed on the measure. However, the Dubai gauge,...

 MSCI adds Arabtec, Oman Cement to its frontier markets index 

Sunday, May 20, 2012
Provider of global market indices, Morgan Stanley Capital International (MSCI) Inc. has said it has added UAE-based Arabtec, Oman International Bank (OIB) and Oman Cement Co to its...