Posts filtered by tags: International Holding Company[x]


 

#UAE markets drop after Fed officials signal March rate hike | Reuters

UAE markets drop after Fed officials signal March rate hike | Reuters Stock markets in the United Arab Emirates ended in the red on Friday, mirroring weakness in Asian peers, as more Fed policymakers signalled they would start to raise U.S. interest rates in March to combat inflation.Dubai's main share index (.DFMGI) fell 0.4% after gains in the previous session, as Emirates NBD Bank (ENBD.DU) shed 1.1% and blue-chip developer Emaar Properties (EMAR.DU) lost 0.8%.Abu Dhabi's index (.FTFADG...
Tags: Travel, United Arab Emirates, Dubai, Abu Dhabi, Uae, Fed, Reuters, Reuters Stock, Rupert Neil Bumfrey, Emaar Properties EMAR DU, International Holding Company, Emirates NBD Bank ENBD, Etisalat Group ETISALAT


Most Gulf bourses fall in line with global shares | Reuters

Most stock markets in the Gulf ended lower on Wednesday in line with global shares, as investors positioned their portfolios for the new year and grappled with increasing Omicron coronavirus cases globally.Saudi Arabia's benchmark index (.TASI) dropped more than 1%, dragged down by a 1.4% fall in Al Rajhi Bank (1120.SE) and a 1.7% decrease in Saudi Basic Industries - SABIC (2010.SE).The Saudi stock market was volatile on Wednesday since investors remained uncertain as the rise in oil prices ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Qatar International Islamic Bank, Qatar Fuel, Dubai Islamic Bank DISB, International Holding Company


#AbuDhabi's IHC-owned Alpha Dhabi to go in for IPO | Property – Gulf News

Abu Dhabi's IHC-owned Alpha Dhabi to go in for IPO | Property – Gulf News Abu Dhabi's stock market has got confirmation of its second big IPO listing in as many days, with International Holding Company's subsidiary real estate subsidiary Alpha Dhabi Holding confirming a stock float. The offering is expected to comprise a sale of existing shares to individuals and other investors in the UAE (as part of the UAE retail offering) and to qualified institutional and other investors.Alpha Dhabi was ...
Tags: Travel, Abu Dhabi, Maldives, Uae, St Regis, Saadiyat Island, IHC, Rupert Neil Bumfrey, Mubadala, Abudhabi, Aldar Properties, Yahsat, Dhabi, International Holding Company, Alpha Dhabi, Alpha Dhabi Holding


MIDEAST STOCKS IHC lifts #AbuDhabi as major Gulf markets end mixed | Reuters

MIDEAST STOCKS IHC lifts Abu Dhabi as major Gulf markets end mixed | Reuters Major Gulf stock markets were mixed on Thursday, with the Abu Dhabi index rising after aquaculture firm International Holding Company reported a higher quarterly profit.Abu Dhabi's index (.ADI) closed 0.6% higher with a weekly gain of 1.7%. International Holding (IHC.AD) was up 3.3%, boosting the index the most. The firm posted 1.5 billion dirhams of profit in the first quarter compared with 112.2 million dirhams ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Aramex, IHC, Tasi, Rupert Neil Bumfrey, Saudi Telecom, Abudhabi, Al Rajhi Bank, Gulf Egypt, Dana Gas DANA


Major Gulf stocks mixed in early trade, IHC lifts #AbuDhabi | Reuters

Major Gulf stocks mixed in early trade, IHC lifts Abu Dhabi | Reuters Major Gulf stock markets were mixed in early trade on Thursday, with stocks in Saudi Arabia and Dubai witnessing a fall, while Abu Dhabi index gained after aquaculture firm International Holding Company reported a higher quarterly profit.Saudi Arabia’s benchmark index was down 0.3% as Dr. Sulaiman Al-Habib Medical Services Group shed 0.7%.Abdullah Al-Othaim Markets Company declined nearly 4% to be the second biggest drag on ...


Major Gulf markets gain as Suez Canal jam continues

Major Gulf markets gain as Suez Canal jam continues | 路透Major stock markets in the Gulf ended higher on Sunday, as investors shrugged off the Suez Canal jam on hopes for a global economic recovery.Oil prices, a key catalyst for the Gulf region’s financial shares, rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted for weeks as workers try to dislodge the vessel blocking the Suez Canal.Suez Canal salvage teams were alternating between dredging a...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Doha, Gulf, Emirates NBD, Suez Canal, Saudi Telecom Company, Rupert Neil Bumfrey, Saudi Basic Industries, Qatar Navigation, Abdullah Al Othaim Markets, International Holding Company, COVID


Mideast Stocks: Corporate earnings lift #UAE; other major markets extend losses | ZAWYA MENA Edition

Mideast Stocks: Corporate earnings lift UAE; other major markets extend losses | ZAWYA MENA Edition:Stock markets in the United Arab Emirates rose on Tuesday as positive corporate earnings outweighed pessimism about the coronavirus outbreak in China, while other major markets extended losses.The Abu Dhabi index ended 0.2% hhigher, supported by a 7.2% surge in International Holding Company before its board meeting on Wednesday to approve fiscal-year earnings.First Abu Dhabi Bank added 0.3% after ...
Tags: Travel, China, United Arab Emirates, Dubai, Abu Dhabi, Uae, Rupert Neil Bumfrey, First Abu Dhabi Bank, National Central Cooling Co Tabreed, International Holding Company