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UAE, Gulf investors take profits ahead of first-quarter results season

Saudi Arabian stocks extended their losses under selling pressure from banking blue-chips, while other GCC markets put on a lackluster performance ahead of first quarter earnings in the coming days. Saudi Arabian benchmark index traded lower by 0.3 per cent at 9,908 points in what was its third straight day of losses. Financial stocks weighed the index more than other sectors with Al Rajhi Bank, Banque Saudi Fransi and Arab Bank heading lower. Chubb Arabia Cooperative Insurance dipped after i...
United Arab Emirates Abu Dhabi Commercial Bank Abu Dhabi Abuz Aby Kuwait International Kuwait General

Most Middle East markets fall; Dubai gains over 1%

2 Min Read (Reuters) - Most major Gulf stock markets ended higher on Thursday after the International Monetary Fund (IMF) raised its economic forecasts for the region, while the Saudi index closed flat as some stocks traded ex-dividend. FILE PHOTO: An investor monitors a screen displaying stock information at the Abu Dhabi Securities Exchange June 25, 2014./File Photo The IMF said on Wednesday it expected most Gulf economies to recover this year at a faster pace than previously estimated, as it...
Saudi Arabia United Arab Emirates Abu Dhabi Abuz Aby Tanvi Mehta Thomson Reuters Trust Principles

Dubai's real estate deals reach Dhs5.1 billion

Dubai’s real estate deals reach Dhs5.1 billion 4 hours ago Image for illustrative purpose only. The real estate and properties transactions valued at 5.1 billion in total during the week ending April,8, 2021, according to Dubai Land Department (DLD). The DLD weekly real estate report said the sum of transactions was 1,379. 89 plots were sold for Dhs512.58 million, 874 apartments and villas were sold for Dhs2.35 billion. The top three transactions were a land in Saih...
United Arab Emirates Mohamed Alabbar Hadaeq Sheikh Mohammed Dubai Land Department Emaar Development Emaar Properties

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Chandrasekar Radhakrishnan is Emaar Group's new head of marketing

He was previously with Coca-Cola India. 07 Apr, 2021 - 12:51 PM IST     |     By indiantelevision.com Team     NEW DELHI: UAE-based real estate developer Emaar Group has appointed Chandrasekar Radhakrishnan as its new head of marketing. He joins Emaar this month after stints with leading global FMCG and telecom players for over two decades. Radhakrishnan, known informally as Chandru, will be responsible for the strategic marketing and communications for Emaar across the group, inclu...
Himachal Pradesh Mohamed Alabbar Chandrasekar Radhakrishnan Emaar Group Emaar Development Columbia Business School

Emaar appoints new head of marketing

Emaar appoints new head of marketing reporters@khaleejtimes.com Filed on April 7, 2021 Chandrasekar Radhakrishnan will lead the centralised group marketing team and spearhead the transformation of marketing to drive equity and growth for the organisation globally. — Wam Chandrasekar Radhakrishnan set to join Emaar Group this month Emaar Group has appointed Chandrasekar Radhakrishnan as its new head of marketing. Chandrasekar Radhakrishnan informally known as ‘Chandru’, joins ...
Mohamed Alabbar Chandrasekar Radhakrishnan Emaar Group Emaar Development Emaar Properties Emaar Malls

International Holding's shares have already doubled this year - how much more?

Gulf markets headed up with Abu Dhabi leading from the front, again taking their upbeat sentiments from global markets and encouraging economic news from the US.  Saudi Arabias benchmark index closed Tuesday 0.2 per cent higher at 9,989 points. Advanced Petrochemical jumped 4.2 per cent after its first-quarter profits soared by more than 64 per cent to SR171 million, while there was an 18 per cent rise in sales to SR632 million. The firm attributed the higher top- and bottom-line to a 36 per ...
United Arab Emirates Dubai Islamic Bank Abu Dhabi Abuz Aby Saudi Arabia South Korea

Dubai Financial Market Plans To Expand Equity Futures Opportunities With The Launch Of Three New Contracts On 18 April 2021

Dubai Financial Market Plans To Expand Equity Futures Opportunities With The Launch Of Three New Contracts On 18 April 2021 Date Air Arabia and Emirates Integrated Telecommunications Company (DU) Futures’ contracts attract active participation from trading members and market makers led by Al Ramz Capital and BH Mubasher 184,345 contracts traded since launch with a value of AED 57 million The Dubai Financial Market (DFM) today announced that it is planning to launch new equity futures co...
United Arab Emirates Dubai Islamic Bank Hassan Al Serkal Emirates Integrated Telecommunications Company Bh Mubasher Financial Services Emaar Development

Dubai Financial Market to expand equity futures opportunities with launch of 3 new contracts

Dubai Financial Market to expand equity futures opportunities with launch of 3 new contracts Filed on April 6, 2021 New equity futures contracts on individual stocks of Aramex, Air Arabia and Emirates Integrated Telecommunications Company (DU) to start on April 18, 2021. The planned new contracts are part of plan to expand the range of contracts, creating new opportunities for investors. The Dubai Financial Market (DFM) today announced that it is planning to launch new equity futures ...
United Arab Emirates Dubai Islamic Bank Hassan Al Serkal Emirates Integrated Telecommunications Company Bh Mubasher Financial Services Emaar Development

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