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UAE markets extend weekly loss

Stock markets in United Arab Emirates closed lower on Friday for a second consecutive session as investors remained cautious amid the volatile energy market. ....

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UAE insurer to buy Aman's insurance portfolio | Business Insurance

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UAE's insurance market speeds up on consolidation – will it push premiums higher?

UAE insurance landscape could still do with more consolidation ....

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Abu Dhabi and Dubai stocks advance for a fourth day

TAQA grabs investors attention after posting robust first-quarter numbers
Abu Dhabi and Dubai stocks traded upward for a fourth straight day in early trades extending the rally.
Image Credit: AFP
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Dubai: Abu Dhabi and Dubai stocks traded upward for a fourth straight day in early trades extending the rally triggered by the expectations-beating corporate results for the first quarter.
Abu Dhabi Securities Exchange ticked up 0.1 per cent marking its fourth straight gain that has placed the index on rebounding path after ending two back-to-back weeks with negative growth. The gauge s rise every day this week has been led by robust first-quarter results. ....

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MIDEAST STOCKS Major Gulf markets end mixed as petchems boost Qatar

Middle EastMIDEAST STOCKS Major Gulf markets end mixed as petchems boost Qatar
Ateeq Shariff
4 minutes read
Major stock markets in the Gulf closed mixed on Tuesday, with petrochemical shares boosting the Qatari index.
In Qatar, the benchmark (.QSI) rose 0.6%, led by a 2.9% increase in Industries Qatar (IQCD.QA), extending gains from the previous session when the petrochemical maker reported a higher net profit for the quarter ended March 31.
Mesaieed Petrochemical (MPHC.QA) jumped 4.2%, ahead of its first-quarter earnings announcement.
Saudi Arabia s benchmark index (.TASI) finished 0.4% higher, with Dr Sulaiman Al-Habib Medical Services (4013.SE) advancing 3.6% and Saudi National Bank (SNB) (1180.SE) rising 1.3%. ....

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