10 Updates

Saudi Tadawul Index rises slightly

Source: Middle East North Africa Financial Network, Sep 11 2012, 8:08pm CDT

(MENAFN - Arab News) The Saudi stock market depicted a positive drive yesterday, as Tadawul All-Share Index (TASI) wavering in the green territory throughout day and within a narrow range of 29 points, closed 0.20 per ...

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Update
10

21 hours ago

MSM traces strength in global markets

Source: Middle East North Africa Financial Network  |   May 21 2013, 11:21pm CDT

(MENAFN - Muscat Daily) The Muscat Securities Market traced the strength in global equities and ended its three-day losing streak by adding 0.17 per cent to to close Wednesday's trading at 6,377.83. Fore ...

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Update
9

1 day ago

Saudi- Tadawul index marches upward

Source: Middle East North Africa Financial Network  |   May 21 2013, 8:33pm CDT

(MENAFN - Arab News) The Saudi stock market continued its upward march and managed a fifth straight rise yesterday, accumulating nearly 48 points further. The Tadawul All-Share Index (TASI) set out with 4.4 points fall yesterday but subsequent trading se ...

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Update
8

1 day ago

MSM continues to slide on weak trading

Source: Middle East North Africa Financial Network  |   May 20 2013, 9:23pm CDT

(MENAFN - Muscat Daily) The Muscat Securities Market continued to slide for the second consecutive day on further profit-booking over earlier gains, as investors went defensive post first-quarter results. The general index slipped 0 ...

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Update
7

2 days ago

Ahlibank seeks more time to close Taageer acquisition

Source: Middle East North Africa Financial Network  |   May 20 2013, 5:22am CDT

(MENAFN - Muscat Daily) Ahlibank, which signed a memorandum of understanding (MoU) with Taageer Finance Co for a possible acquisition, has completed the due diligence but has sought an extension, until the end of June 2013, ...

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Update
6

2 days ago

SAIREC set to create real estate authority in Saudi Arabia

Source: Zawya.com  |   May 20 2013, 4:52am CDT

RIYADH -- The 3rd Saudi International Real Estate Conference (SAIREC) opened Sunday, by the Minister of Commerce and Industry Tawfeeq Al Rabiah, with the aim of creating a higher authority for real estate sector in th ...

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Update
5

3 days ago

Saudi- Tadawul continues upward momentum

Source: Middle East North Africa Financial Network  |   May 19 2013, 8:26pm CDT

(MENAFN - Arab News) The Saudi stock market depicted a positive drive yesterday, marking another solid gain of nearly one percent. The Tadawul All-Share Index (TASI) continued its upward march for the third consecutive session, dug in at ...

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Update
4

3 days ago

Saudi- Maaden's plant maintenance to hit second quarter results

Source: Middle East North Africa Financial Network  |   May 19 2013, 8:14pm CDT

(MENAFN - Arab News) Maaden Phosphate Co. (MPC) has restarted its diammonium phosphate plant (DAP) in Saudi Arabia after repairing the ammonia plant that feeds it, Maaden has announced according to Tadawul website. "But the shutdown will ...

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Update
3

3 days ago

Galfar wins two construction contracts worth OMR19m

Source: Zawya.com  |   May 19 2013, 10:10am CDT

Muscat - Galfar Engineering and Contracting Co has been awarded two construction contracts worth RO19.1mn by Occidental Oman (Oxy) and Oman Medical College, the company said in a filing to the Muscat Securities Market (MSM) on Thu ...

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Update
2

3 days ago

Rotana Resort to expand sultanate's tourism offerings

Source: Middle East North Africa Financial Network  |   May 19 2013, 7:22am CDT

(MENAFN - Muscat Daily) The sultanate's Ministry of Tourism, Orascom Hotels and Developments and Rotana, the leading hotel management company in the Middle East and Africa, have announced that the new five-sta ...

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Update
1

3 days ago

Muscat Municipality plans shifting wholesale market from Mawaleh

Source: Middle East North Africa Financial Network  |   May 19 2013, 7:22am CDT

(MENAFN - Muscat Daily) Muscat Municipality is planning to shift the wholesale fruits and vegetables market from Mawaleh to Barka to de-congest the existing facility. The Mawaleh market will be redesigned into a retail one. ''The present ...

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