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Bullish comments about Arabtec and its shares by then-chief executive Hasan Ismaik, who resigned in June, helped to fuel investor interest in the stock.
July 8, 2014 - 15:34 GMT
in a statement after its chief executive met with heads of the central bank, the economy ministry and the Dubai and Abu Dhabi stock exchanges.

May 13, 2014

“These rosy conditions are expected to continue, with lending growing by about 10-15 per cent per year for the next few years.
01:00 GMT

The profitability of Qatari banks will likely remain strong over the next 12 months,

May 12, 2014

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
06:04 GMT
(press release)

Burgan Bank Group announced today its first quarter earnings for 2014. Net profit reported at KD17.1 million reflecting a growth of 10% from KD 15.6 million reported for the first quarter in 2013.

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
03:55 GMT

Kuwait Stock Exchange (KSE) ended last week in the red zone

May 11, 2014

Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
20:25 GMT

Dubai’s bourse has outpaced other Gulf markets by a wide margin in terms of companies’ first-quarter profit growth,

National Bank of Abu Dhabi
09:42 GMT

The National Bank of Abu Dhabi (NBAD) has won three prestigious awards: Best Cash Management, Best Corporate Advisory, and Best GCC Equity Fund at the Banker Middle East Product Awards 2014.

During the opening
09:25 GMT
(press release)

Continuing its smart banking approach, leading financial institution opened its latest eCube branch in Jumeirah.

Fawry is a bilingual Arabic-English platform which allows customers to pay for services either online, via mobile phone, or at a point of sale machine.
05:55 GMT

Launched in Egypt in 2009, the payment service has since taken off fast in a country where under 10 percent of the adult population have an account at a formal financial institution, according to the World Bank.

“However, there’s still a majority of companies that do not plan to make any increases this year, waiting to see what happens in 2014,” Gomes told Gulf News.
03:55 GMT

Workers have been hoping for a relief from rising rents, which rose on average by 22 per cent last year, and increasing cost of commodities and services.

May 8, 2014

The signing of this agreement is based on the Foreign Account Tax Compliance Act (FATCA), which is expected to go into effect in two months
15:18 GMT

Former IRS senior district attorney Barbara Kaplan says US citizens who conceal funds in Israel could also face criminal charges.

During the event
10:31 GMT

The National Bank of Abu Dhabi (NBAD) has celebrated 120 employees who earned professional qualifications in various professional development programmes.

Caetano Fernandes, Senior Vice President  & Head of Mashreq Gold
08:33 GMT
(press release)

Mashreq has announced the launch of Home Equity Release solution, which enables clients to use the additional value in their home to generate cash flows, which can be used for further investments to generate wealth.

Egypt is currently trying to reduce a budget deficit which hit 14 percent in the 2012-2013 fiscal year, bringing it down to 11-12 percent by the end of the current fiscal year.
04:58 GMT

Supposedly, the exceptional measure is designed to answer calls for social justice raised during Egypt's 2011 revolution.

KIPCO’s first-quarter revenue rose 19 per cent to 137 million dinars.
00:59 GMT

Kuwait Projects Co (KIPCO), the Gulf state’s largest listed investment company, reported a 20 per cent rise in first-quarter profit on Wednesday.

May 7, 2014

NCB Capital Company
09:24 GMT
(press release)

NCB Capital has announced that it has successfully closed subscriptions to the AlAhli SEDCO Residential Development Fund after exceeding the Fund’s target of SR350 million.

Dubai Islamic Bank also contributed to the uptick, rising 5.5 percent to extend gains that started on Thursday when the lender posted a doubling of first-quarter net profit.
00:21 GMT

Emaar gained 6.3 percent to 10.45 dirhams – the level last seen in May 2008 – on increased volume and helped Dubai’s benchmark jump 3.3 percent, also the highest since 2008.