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Companies & Markets

Middle East markets news, analysis, commentary and economic data. Keep up to date by signing up to MEED's markets newsletter. If you are not a subscriber but need access then subscribe to the region's leading business intelligence service now
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Markets news

Tadawul performance and all share index

Tadawul could open to foreigners by 2015 Subscription

22 July 2014 | By

Move to open Saudi Stock Exchange to foreign investors will support growth of non-oil sector

Saudi Stock Exchange

Saudi Arabia set to open Tadawul to foreigners Subscription

22 July 2014 | By

Investors gain access to region’s biggest exchange

Abraaj Group targets North African investments Subscription

15 July 2014 | By

Private equity firm confirms interest in Egypt’s Bisco Misr

Investors price too little risk premium in Mena credits Subscription

9 July 2014 | By

Iraq spillover could create a major change in the region

UAE stock market regulator tightens surveillance Subscription

8 July 2014 | By

Regulator is reviewing regulation on bank lending against shares

Banking and tourism sectors post largest losses on Iraqi stock market Subscription

7 July 2014 | By

Iraq-listed stocks fell up to 37 per cent in June

UAE regulator investigates stock market activity Subscription

7 July 2014 | By

The UAE’s Securities and Commodities Authority says it has also demanded further clarification from Arabtec on its disclosures

Investors become more attuned to regional risk Subscription

2 July 2014 | By

Fund managers see potential in Middle East and North African countries set for recovery

Company news

Business

Faithful+Gould to focus on programme management Subscription

22 July 2014 | By

Consultant says clients increasingly want global services

Muscat, Oman

Mace awarded consultancy contract by Oman state refiner Subscription

22 July 2014 | By

UK group to provide contract services to hundreds on contracts in sultanate’s downstream sector

Algeria approves plan to boost oil and gas output

Algeria approves plan to boost oil and gas output Subscription

22 July 2014 | By

National energy company Sonatrach plans to spend $100bn over five years

National Bank of Fujairah sees profit jump 31 per cent

National Bank of Fujairah sees profit jump Subscription

22 July 2014 | By

Bank’s net impairment losses fall by 15.2 per cent in first half of year

Selected UAE bank profits

Abu Dhabi Islamic Bank posts increased second-quarter profits Subscription

21 July 2014 | By

UAE banks begin posting strong second-quarter results

Caterpillar equipment

Unatrac to consider bond issuance Subscription

20 July 2014 | By

Mansour Group-owned, Caterpillar equipment dealer Unatrac to turn to capital markets in coming years

Bank Muscat profits rise on Bahrain merger Subscription

20 July 2014 | By

Lender’s profits up by 37 per cent

Arab Bank posts profit increase for first half Subscription

17 July 2014 | By

Jordan’s Arab Bank also boosts lending  

Markets trends

Qatar drives mergers and acquisitions

Qatar drives Middle East mergers and acquisitions Subscription

16 July 2014 | By

Value of deals in the second quarter highest since start of 2011

Dubai Multi-Commodities Centre

DMCC fuels commodity flows through Dubai Subscription

8 July 2014 | By

Dubai’s diamond and gold trade soars

Regional investment in global commercial real estate

Middle Eastern investors spent $13bn on real estate abroad in 2013 Subscription

17 June 2014 | By

Around $180bn in investments expected over the next ten years

GCC stock market performance

UAE and Qatar stocks rise to recover mid-May losses Subscription

28 May 2014 | By

Investors took advantage of cheaper buying opportunities

Risk: While the UAE and Qatar markets could become more volatile, some investors may be willing to take on the risk

Promoted status moves markets Subscription

22 May 2014 | By

The Qatar and UAE upgrades to emerging market status have triggered a wave of increased volatility

Middle East mergers and acquisitions by volume and value

Mergers and acquisitions activity expected to rise Subscription

14 May 2014 | By

Deal value increased to $3.06bn in Q1 2014

Recovery

The growing appetite for bonds Subscription

10 April 2014 | By

Increased corporate activity spurred by strong economic growth is helping to expand the market

Investor appetite: At least 10 listings are planned for 2014 on the UAE’s bourses

Gulf companies rush for stock market listings Subscription

27 February 2014 | By

2014 is set to be the biggest year since 2007 for regional bourses as more Gulf firms seek flotations

Filter all markets analysis by country

MEED comment

Riyadh

Tadawul access a positive sign

24 July 2014 | By

The region is set to become more appealing to international entities as Riyadh opens up its stock exchange to foreign investors

Riyadh

Foreign access to Tadawul positive for region

22 July 2014 | By

Gulf region will become more appealing to international investors

Markets

Project finance dip no cause for worry

10 July 2014 | By

While there may be a decline in project finance volumes in 2014, next year promises to be lucrative

UAE: Greater transparency needed in capital markets

UAE regulator under pressure

3 July 2014 | By

The dramatic slump in Arabtec Holding’s share price shows more action is needed to tackle suspicious behaviour on the stock markets

Arabtec share price has fallen

Arabtec locked in a fight for survival

26 June 2014 | By

Company’s ability to manage risks will be thrown into doubt following meltdown

Markets

Nasdaq Dubai vies for higher growth

19 June 2014 | By

More sukuk listings on the exchange will help Dubai realise its goal of becoming a hub for Islamic finance

Change: Exchanges will need to attract fresh listings

Volatility hits stock markets Subscription

22 May 2014

Improvements are needed in the UAE and Qatari bourses to reduce their vulnerability to speculators and attract longer-term investors

Markets

MSCI includes 19 regional stocks Subscription

15 May 2014

With the wait finally over, many hope that foreign investors will flood the market and drive up prices

See all MEED commentary

Special reports

Market

MEED 100: The region's largest listed companies Subscription

27 March 2014

The financial services sector remains the dominant force in the MEED 100 table, with Saudi banks comprising the bulk of firms in the sector

Sea all companies & markets special reports

Top 10 listed companies

Rank Company Exchange (primary listing) Sector Market capitalisation ($m)
1 Saudi Basic Industries Corporation (Sabic) Tadawul Petrochemicals 73,394
2 Al-Rajhi Bank & Investment Company Tadawul Financial services 27,398
3 Industries Qatar Doha Industry 25,714
4 Qatar National Bank Doha Financial services 24,891
5 Etisalat Abu Dhabi Telecoms 21,956
6 Saudi Telecom Company Tadawul Telecoms 21,332
7 Kingdom Holding Company Tadawul Financial services 19,911
8 National Bank of Kuwait Kuwait Financial services 15,381
9 Etihad Etisalat Company (Mobily) Tadawul Telecoms 15,245
10 Saudi Electricity Company Tadawul Utilities 15,165
Click through to the full data table on the top 100 companies by market capitalisation in the Middle East
Click through to MEED's special report on the region's largest listed companies
Source: Thomson Reuters; Rabee Securities; Tehran Stock Exchange; MEED; Data compiled: March 2013

Biographies

Yazid Benmouhoub Subscription

22 October 2013

Yazid Benmouhoub is CEO, Societe de Gestion de la Bourse et des Valeurs Mobilieres

Abdelhakim Berrah Subscription

22 October 2013

Abdelhakim Berrah is president, Commission d’Organisation et de Surveillance des Operations de Bourse

Mohsin Mujtaba Subscription

22 October 2012

Mohsin Mujtaba is director, products and market development, Qatar Exchange

Alex Carre de Malberg Subscription

22 October 2012

Alex Carre de Malberg is Executive general manager and global head, Commercialbank Capital

Salman al-Mohannadi Subscription

22 October 2012

Salman al-Mohannadi is CEO, QNB Capital

Nasser Ahmed al-Shaibi Subscription

22 October 2012

Nasser Ahmed al-Shaibi is CEO, Qatar Financial Market Authority 

Meet the analyst


Melissa Song Loong
Companies & Markets Editor


Phone: +971 (0)4 818 0250
Email: Melissa.SongLoong@meed.com

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