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Middle East

 Saudi Cement Company rides high on construction boom in the Kingdom 

Wednesday, February 8, 2012
The Saudi Stock Exchange advanced 0.80% to reach a 22-month high at 6,797.09, as bellwether Sabic added 0.52% to close at SR95.75. Shares of Saudi Cement Company added 0.30%. The...

 Etisalat shares retreat, weigh on Abu Dhabi market  

Wednesday, February 8, 2012
The Abu Dhabi Securities Exchange (ADX) General Index declined 0.15% to 2,464.88 points. Sorouh Real Estate was the most liquid share, gaining 3.5%, while market bellwether Etisalat...

 NASDAQ Dubai: DP World soars to three-month high, Depa Limited hits $0.40 

Wednesday, February 8, 2012
The FTSE NASDAQ Dubai UAE 20 Index closed at 1532.48 up 1.38%, from the previous close. DP World advanced 1.83% to reach $11.10. Interior design company Depa Limited soared 5.26% to...

 Lacklustre Qatari bourse ends unchanged 

Wednesday, February 8, 2012
The QE 20 Index closed at 8,690 points Wednesday, while market breadth ended down as 14 shares advanced and 20 declined. Market bellwether Industries Qatar closed even, too. Earlier...

 Dubai bourse defies downturn as Emaar edges higher 

Wednesday, February 8, 2012
After a sluggish start, which pushed the Dubai gauge more than one per cent down, the DFM General Index rebounded and closed 0.60% higher at 1,482.49 points. While Arabtec dipped...