Subdued trading volumes weighed heavily on the Doha Securities Market (DSM) during the week ended July 27 as the benchmark could gain only 0.42% in index and 0.09% in (notional) wealth.
Except for the “individualistic” performances of First Finance (FFC) and Qatar Technical Inspection Company (QTIC), there were no drastic upward or downward movements in the [...]
Three listed companies that announced their intention to buyback their shares are yet to do so and analysts say the buyback move would give the markets a much-needed boost.
“If Emaar or First Gulf Bank were to buy-back their shares, it might give a push to the market,” said an Abu Dhabi-based fund manager.
“This is what [...]
SPANISH FRANCHISOR Il caffè di Roma has announced an extensive international development plan, with South East Asia and the Arabian Emirates its priority markets. The brand, which has developed a network of 87 Italian coffee shops in Spain, Portugal, Italy and France, has opened a pilot shop in Singapore with more to follow shortly in [...]
RSA Security (Nasdaq: RSAS) announced today that Vanguard will employ two elements of the RSA(R) Adaptive Authentication solution to protect its clients against online fraud and identity theft. Vanguard, one of the world’s largest investment management firms, manages more than $980 billion in U.S. mutual fund assets in 20 million shareholder accounts.
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GENERAL reinsurance firm MNRB Holdings Bhd is not in talks to sell part of its Islamic insurance business although it does not rule out doing so in the future.
Chairman Mohammad Abdullah said the company has yet to decide to sell any stake in Takaful Ikhlas Sdn Bhd, as it is still developing its business.
“When the [...]
Lack of enthusiasm continued to haunt the Doha Securities Market (DSM) for fourth consecutive day as its benchmark gained a feeble 4 points to close at 7,875.58 points yesterday.
Though volumes and values improved to a great extend, the 20-stock Qatar Share Index expanded just by 0.05% over the previous close of 7,871.88 points.
Except for the [...]
The lending spigot stayed wide open for real estate investors and developers during the first half of 2006, helping many local mortgage banking offices stay at or above last year’s record origination pace.
Both institutional lenders and Wall Street’s growing legions of commercial mortgage-backed securities (CMBS) investors continue to believe that lending to real estate markets [...]
The Exchange Fund’s investment income rose to $30.7 billion in the first half of this year, up 167% on the same period last year, the Monetary Authority says. The figure is equivalent to 81% of the investment income for last year.
This investment income includes a $10.7 billion gain on the Hong Kong equities portfolio, a [...]