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UAE pharma giant Julphar's return to profitability will have caught investors' eye

Recent corporate deals and additions to its medicine portfolio should keep Julphar busy ....

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MIDEAST STOCKS Major Gulf bourses ease, banks buoy Saudi index

MIDEAST STOCKS Major Gulf bourses ease, banks buoy Saudi index
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Abu Dhabi's newly listed Alpha Dhabi makes for substantial presence from its many parts

Abu Dhabi's newly listed Alpha Dhabi makes for substantial presence from its many parts
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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Here are the UAE stocks disproving that old market saying about a subdued May

‘Sell in May and go away… is the famous financial world adage. But it didn t work with UAE stocks this year.
The saying suggests that stocks tend to underperform in May – this year, however, DFM rallied a stellar 7.37 per cent and ADX gained 8.46 per cent. The gains on DFM were powered by an 8.43 per cent rally for Emirates NBD and an 8.54 increase at Dubai Islamic Bank.
First Abu Dhabi Bank, with a weightage of almost 40 per cent in ADX, jumped 16.43 per cent, helping the index close higher for the month. Reports that First Abu Dhabi Bank s weighting in the MSCI Emerging Markets index could increase helped the rally. A strong rebound in the economy was a significant factor behind the solid performance of UAE equities. ....

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