FINANCE
Business : DSI regional expansion stimulates continuous growth
DUBAI Drake & Scull International PJSC (DSI) investments in regional expansion are delivering steady returns for the company as they announce four new awards in Kuwait, Qatar and Oman collectively, bringing the total value of projects awarded to DSI from the beginning of the year to Dh2.5billion compared to Dh1.5billion for the same...
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MARKETS
RECOMMENDATION: ABG Shipyard (Rs 245.2): Sell We recommend a sell in the stock of ABG Shipyard from short-term horizon. It is apparent from the charts that after recording a 52-week high at Rs 346 in early February 2010, the stock began to decline. The stock has been on a medium-term …
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National Bank of Abu Dhabi Second-Quarter Net Jumps 10.4%, Beats Estimates
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DSI regional expansion stimulates substantial and continuous growth
Drake & Scull International PJSC (DSI) investments in regional expansion are delivering steady returns for the company as they announce 4 new awards in Kuwait, Qatar and Oman collectively, bringing the total value of projects awarded to DSI from the beginning of the year to AED2.5billion compared to AED1.5billion for the same period last...
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Kuwait’s Gulf Bank says big provisions behind it
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NASDAQ OMX Reports Strong Second Quarter 2010 Results
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The following companies may rise or fall in Gulf Arab markets. Stock symbols are in parentheses and prices are from the last close.
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Abu Dhabi Sorouh Reports 79% Drop in Second-Quarter Net, Missing Estimates
Sorouh Real Estate PJSC , Abu Dhabis second-biggest property developer by market value, reported a 79 percent decline in second-quarter profit, missing analysts estimates.
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Business : National Bonds first-half sales exceed Dh1 billion
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