Market Updates - 23 Apr



Egypt unilaterally cancels gas deal with Israel


Egypt civil society groups to monitor presidential election


Brotherhood rejects Salafi proposal to agree on one Islamist presidential candidate


Government meets with Saudi investors to settle investment issues


EFSA approves FT's tender offer for Mobinil at EGP202.5, trading to resume on Mobinil and OTMT today


Saudi Arabia


Tabuk Cement to set up 60% owned concrete JV nearby Jeddah


Al Hokair announces signing of MoU to acquire Nesk




UAE inflation at 0.64% y-o-y in March 2012


Adnoc to award on-shore oil concessions by 2014


UNB’s 1Q2012 net income surpasses estimates, remains extremely under-valued


RAK Bank 1Q12 earnings up 11% y-o-y


NBAD starts investment management company at DIFC


DFM accredits EFG-Hermes brokerage for margin trading


Aldar says does not need more financial support from government; Yas Mall more than 50% leased


Sorouh to launch retail property brand ‘Boutik’ in June; Watani villas near completion




QIA has USD30 billion to invest in 2012


Qatar plans to invest QAR70 billion in gas and power


CBQ 1Q12 profits at QAR471 million, up 5.6% y-o-y and largely in line with estimates


Gulf International Services releases 1Q2012 results, net profit at QAR92 million, +6.6% y-o-y




Annual inflation rate rose to 4.1% in March 2012


KIB's 1Q12 profits rise 34% y-o-y to KWD4 million




Bahrain inflation hits 3-year high in March 2012




Bank Nizwa to launch IPO today




Zain Iraq keen on listing before year end, says company's CEO


Printed from the Beltone Financial website