Dubai: Emirates NBD shares surged after the bank received regulatory approvals for its acquisition of Sberbank, triggering outperformance in the Dubai index, which tread near its critical resistance level. Emirates NBD closed 4.13 per cent higher at Dh11.35.Read more
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Emirates NBD shares surge cause outperformance in Dubai index
Emirates NBD Head Office at Baniyas street in Dubai The largest Dubai-based bank reported a net profit of Dh10 billion for 2018 up 20 per cent on the year Image Credit Ahmed Ramzan Gulf News
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Oil prices surge as tankers attacked in Gulf of Oman – markets panicked
The cause index eased 06 percent as Industries Qatar dropped 16 percent and Qatar Fuel shed 11 percent In Dubai the index decreased 10 percent with 22 of its stocks declining and one rising Emaar Properties shed 11 percent while Emirates NBD
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Abu Dhabis MA rally ends monetary policy weighs on Egypt stocks
On Sunday Abu Dhabis index had surged 47 as merger talks between National Bank of Abu Dhabi and First Gulf Bank ignited speculation about consolidation in the sector boosting bank shares Holding SAE and Emirates NBD said yesterday
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MIDEAST STOCKS-Emaar Emirates lift Dubai petrochemicals aid Saudi
Emirates NBD lingers around 10-month high Dubai index in May which is expected to result in passive inflows of 230 million Arqaam Capital said in a note on Monday Kuwaits index rose 1 percent to its highest level since 2016 boosted by bank shares
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Stock News Property Banks Lift UAE Markets
s main index climbed 24 per cent as shares in Arabtec jumped 54 per cent Among other top gainers were bourse operator Dubai Financial Market and builder Drake and Scull up six and 53 per cent respectively Lender Emirates NBD added 28 per cent
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UNB ADCB stocks surge amid merger talks in UAE
Union National Bank shares have while the Dubai index has been on declining trend shedding 25 per cent in the same time period The regional markets underwent an interesting phase as Dubai stocks like Emaar and Emirates NBD got hammered but
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