The QE index rose 0.7% led by gains in the Transportation and Banking indices. Trading activity increased significantly compared to the previous day and 30-day average. Qatar Cinema and Qatari Investors Group were the top gainers while Mannai Corp and Qatar Insurance declined the most. Regionally, indices in Saudi Arabia and Kuwait rose while Dubai and Abu Dhabi fell. Earnings news were reported from various companies in Abu Dhabi and Bahrain. Qatar placed a $19 billion order for Boeing and Airbus planes to expand its fleet.
The QE index in Qatar rose 1.3% led by gains in the real estate and transportation indices. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Oman, and Bahrain were also up, while Kuwait's market declined marginally. Trading activity significantly increased in Qatar with value traded rising 81.5% and volume up 104%. Real estate transactions in Qatar also doubled in July despite the summer season.
The QE index declined 0.6% on the day, led by losses in the transportation and real estate indices. Qatari Investors Group rose 6.1% while Aamal Co. fell 2.6%. Trading volume rose 80.5% from the previous day but was 28.5% lower than the 30-day average. Selling pressure from Qatari shareholders led the decline despite buying from non-Qataris. Mesaieed Petrochemical is offering a 26% stake worth up to QR3.2 billion in an IPO reserved primarily for Qatari individuals. MEED reported that Qatar remains one of the top three markets in the Middle East for companies due to major projects worth
The QE index in Qatar rose 0.8% led by gains in the insurance and banking indices. Mazaya Qatar Real Estate and Islamic Holding Group were the top gainers rising over 4% each, while Qatar Islamic Insurance fell 2.2%. Trading activity increased significantly with the value traded up 84.1% and volume up 65.6%. In other GCC markets, indices were mixed with Saudi down 0.6% but Dubai up 0.1%. Regionally, real estate deals in Qatar jumped over 345% despite the summer lull. Eversendai from Malaysia also won a $35.7 million contract to renovate Khalifa Stadium in Qatar.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
The QE index declined 0.3% to close at 10,336.5 led by losses in the Transportation and Industrials indices. Top losers were Qatar Navigation and Medicare Group falling 2.3% and 1.7% respectively, while top gainers included Dlala Brok. & Inv. Holding Co. rising 2.2% and Vodafone Qatar up 2.1%. Trading volume rose 9.2% to 9.9mn shares compared to the previous day but was 12.1% lower than the 30-day average. Regionally, indices in Saudi Arabia were up marginally while Dubai and Abu Dhabi fell 0.3% and rose 0.3% respectively
The QSE Index rose 1.3% led by gains in the Telecom and Insurance indices. Islamic Holding Group and Medicare Group were the top gainers rising 10% and 9.9% respectively. Qatar First Bank fell 1.5%. Trading volume rose 102.6% but was 15.5% lower than the 30-day average. In regional markets, most indices rose except for Dubai and Kuwait which fell slightly. Earnings were reported from several companies including Damac Properties and Air Arabia. News included QSE suspending DHBK trading for its AGM and ABQK planning a $250 million loan.
The QE index in Qatar rose 0.5% to close at 10,922.4, led by gains in the banking and financial services and industrials indices. Vodafone Qatar and Islamic Holding Group were the top gainers while Qatar & Oman Investment Co. and Ooredoo declined. Trading volume fell compared to the previous day and 30-day average. In company news, CBQK raised QR2bn in capital notes and QIBK plans to support Qatari investment in Ireland. Ashghal awarded road projects worth QR10.19bn and Msheireb Properties will build a new art center in Doha.
The QE index in Qatar rose 0.4% led by gains in the Telecom and Banking indices. Islamic Holding Group and QNB Group were the top gainers rising 3.1% and 1.9% respectively, while Qatari Investors Group fell 2.0%. Regional indices were mixed with Abu Dhabi falling 0.1% while Bahrain gained 0.1%. Globally, the ZEW Survey Expectations in Germany rose to 49.6. In Qatar news, MERS and QATI will replace two stocks on the QE Index, while Qatargas signed a 5-year LNG supply deal with Petronas UK.
The QE index in Qatar rose 1.3% led by gains in the real estate and transportation indices. Regional markets in Saudi Arabia, Dubai, Abu Dhabi, Oman, and Bahrain were also up, while Kuwait's market declined marginally. Trading activity significantly increased in Qatar with value traded rising 81.5% and volume up 104%. Real estate transactions in Qatar also doubled in July despite the summer season.
The QE index declined 0.6% on the day, led by losses in the transportation and real estate indices. Qatari Investors Group rose 6.1% while Aamal Co. fell 2.6%. Trading volume rose 80.5% from the previous day but was 28.5% lower than the 30-day average. Selling pressure from Qatari shareholders led the decline despite buying from non-Qataris. Mesaieed Petrochemical is offering a 26% stake worth up to QR3.2 billion in an IPO reserved primarily for Qatari individuals. MEED reported that Qatar remains one of the top three markets in the Middle East for companies due to major projects worth
The QE index in Qatar rose 0.8% led by gains in the insurance and banking indices. Mazaya Qatar Real Estate and Islamic Holding Group were the top gainers rising over 4% each, while Qatar Islamic Insurance fell 2.2%. Trading activity increased significantly with the value traded up 84.1% and volume up 65.6%. In other GCC markets, indices were mixed with Saudi down 0.6% but Dubai up 0.1%. Regionally, real estate deals in Qatar jumped over 345% despite the summer lull. Eversendai from Malaysia also won a $35.7 million contract to renovate Khalifa Stadium in Qatar.
The QE index in Qatar rose 0.3% led by gains in the real estate and telecom indices. Qatar German Co. for Med. Dev. and Barwa Real Estate Co. were the top gainers while Al Meera Consumer Goods Co. declined the most. Regional indices were mixed with Kuwait up 1.2% and Saudi Arabia down 0.4%. Internationally, the US Fed maintained its bond buying stimulus program and cut growth forecasts, while the EU and IMF warned of ongoing risks in Cyprus' economic recovery.
The QE index declined 0.3% to close at 10,336.5 led by losses in the Transportation and Industrials indices. Top losers were Qatar Navigation and Medicare Group falling 2.3% and 1.7% respectively, while top gainers included Dlala Brok. & Inv. Holding Co. rising 2.2% and Vodafone Qatar up 2.1%. Trading volume rose 9.2% to 9.9mn shares compared to the previous day but was 12.1% lower than the 30-day average. Regionally, indices in Saudi Arabia were up marginally while Dubai and Abu Dhabi fell 0.3% and rose 0.3% respectively
The QSE Index rose 1.3% led by gains in the Telecom and Insurance indices. Islamic Holding Group and Medicare Group were the top gainers rising 10% and 9.9% respectively. Qatar First Bank fell 1.5%. Trading volume rose 102.6% but was 15.5% lower than the 30-day average. In regional markets, most indices rose except for Dubai and Kuwait which fell slightly. Earnings were reported from several companies including Damac Properties and Air Arabia. News included QSE suspending DHBK trading for its AGM and ABQK planning a $250 million loan.
The QE index in Qatar rose 0.5% to close at 10,922.4, led by gains in the banking and financial services and industrials indices. Vodafone Qatar and Islamic Holding Group were the top gainers while Qatar & Oman Investment Co. and Ooredoo declined. Trading volume fell compared to the previous day and 30-day average. In company news, CBQK raised QR2bn in capital notes and QIBK plans to support Qatari investment in Ireland. Ashghal awarded road projects worth QR10.19bn and Msheireb Properties will build a new art center in Doha.
The QE index in Qatar rose 0.4% led by gains in the Telecom and Banking indices. Islamic Holding Group and QNB Group were the top gainers rising 3.1% and 1.9% respectively, while Qatari Investors Group fell 2.0%. Regional indices were mixed with Abu Dhabi falling 0.1% while Bahrain gained 0.1%. Globally, the ZEW Survey Expectations in Germany rose to 49.6. In Qatar news, MERS and QATI will replace two stocks on the QE Index, while Qatargas signed a 5-year LNG supply deal with Petronas UK.
2 June 2013: The QE index gained marginally to close at 9,239.2. Gains were led by the Transportation and Telecoms indices, gaining 3.6% and 1.8% respectively. Top gainers were Qatar Navigation and Qatar Gas Transport Co., rising 4.7% and 3.6% respectively. Among the top losers, Islamic Holding Group fell 2.6%, while QNB Group declined 2.5%
The QE index in Qatar declined 1.6% led by losses in the real estate and insurance indices. Al Meera Consumer Goods and Dlala Brokerage were the top losers falling 4.6% and 4.1% respectively, while Qatar Cinema & Film Distribution rose 10%. Trading volume rose 54.8% but was lower than the 30-day average. Regional indices were also down except in Oman which rose 0.3%.
The QSE Index declined slightly, led by losses in the telecom and insurance indices. Qatar National Cement and Qatari Investors Group were the top losers. In positive news, Qatar German Co for Medical Devices rose 10% and Ezdan Holding Group rose 3%. Overall trading volume increased compared to the previous day and 30-day average. The Prime Minister of Qatar expressed support for the local manufacturing sector and plans to increase transparency for companies. Other news included plans for more high-rise buildings to address housing demand, an increase in Qatar Primary Materials Company's capacity, and Al Rayan Bank's potential expansion to Europe.
The QE index in Qatar declined 0.2% with losses led by the Transportation and Real Estate indices. Gulf International Services and Qatar Gas Transport Co. were the top losers. Trading volume rose 12.9% but was 11.2% lower than the 30-day average. In company news, QNB Group launched a new business banking program, QIBK contributed to financing the Qatar Rail project, and MERS and QATI replaced two other companies on the QE Index. The Qatar insurance market was reported as the second fastest growing in the Gulf region.
The QE index in Qatar declined slightly by 0.1% led by losses in the insurance and industrial indices. Top losers were Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co. which fell by 1.8% and 1.0% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Dubai rising while Bahrain declined. News items highlighted Qatar's growing trade surplus in August driven by LNG exports, a directive to support Qatar Airways, and mixed quarterly earnings results from various Qatari companies.
The QSE Index in Qatar declined 0.2% led by losses in the Insurance and Industrial indices. Widam Food Co. and Al Meera Consumer Goods Co. were the top losers. Meanwhile, indices in other GCC countries were mixed - Saudi Arabia and Kuwait rose while Abu Dhabi and Oman fell. International news discussed the US pushing China for greater market access at annual trade talks with little progress seen amid ongoing tensions.
The QE index in Qatar declined 0.7% led by losses in the telecom and transportation indices. Mesaieed Petrochem and Qatar Cinema were the top losers falling over 7%. Volume traded fell 7.5% from the previous day but was higher than the 30-day average. Regional indices were mixed with Saudi up 0.5% and Abu Dhabi down 0.7%.
The QE Index in Qatar rose 0.3% led by gains in the Telecom and Banks indices. QNB Group and Qatar General Insurance rose the most, while Al Meera fell. Trading volume rose 72.8% but was below the 30-day average. In other markets, Saudi fell 0.6% while Abu Dhabi rose marginally and Kuwait rose 0.3%. Regionally, volume was highest in Saudi Arabia.
The QSE Index declined 0.5% led by losses in the Telecom and Insurance indices. Ooredoo and Qatar Oman Investment Co. were the top losers. Regional indices also declined, with Saudi Arabia down 2.8% and Abu Dhabi down 2%. News mentioned credit to Qatar's private sector increasing QR14.2bn and Ooredoo Kuwait appointing a new CFO. Vodafone Qatar also completed an upgrade of network sites in Al Wakrah and Al Wukair.
The QE index in Qatar rose 0.3% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers rising 2.4% and 2.3% respectively, while Qatar Fuel Co fell 4.3%. Regional indices were mixed with Abu Dhabi up 2.5% and Dubai up 1.9% while Kuwait fell 0.9%. Qatar announced allowing foreign ownership of listed companies to rise to 49% subject to amendments in company statutes.
The QE index rose 0.5% to close at 9,841.3, led by gains in the Industrials and Banking & Financial Services indices. Doha Bank and Islamic Holding Group were the top gainers, while Qatar General Ins. & Rein. Co. and Qatar & Oman Investment Co. declined the most. Trading volume rose 0.3% compared to the previous day but fell 13.5% from the 30-day average. Regional indices were mixed with Saudi Arabia and Oman rising while Dubai and Abu Dhabi fell. In earnings news, National Central Cooling Co. reported a 0.9% rise in revenue for 3Q2013 while Dana Gas' revenue increased
The QE index in Qatar declined 2.4% led by losses in the Banking & Financial Services and Telecoms indices. Top losers were Qatar Islamic Bank falling 7.6% and Qatar National Cement down 4.7%. Elsewhere in the GCC, markets were mixed with Saudi Arabia and Kuwait falling slightly while Oman rose 0.6%. Global economic data was mixed with Eurozone CPI estimates coming in below expectations.
The QE Index declined 0.1% to close at 10,739.1. Losses were led by the Telecoms and Banks & Financial Services indices, falling 0.4% and 0.3%, respectively.
The QSE Index rose 0.4% led by gains in the Banks & Financial Services and Real Estate indices. Widam Food Co. and Qatar Industrial Manufacturing Co. were the top gainers while Qatar General Insurance & Reinsurance fell 5.9%. Trading volume fell 59.1% compared to the previous day. In other markets, indices were up in Dubai, Abu Dhabi, Oman, and Bahrain while the Saudi market was closed for a holiday. News items include the QCB offering QR1.55bn in T-bills, appointments at Commercial Bank, and earnings dates for several Qatari companies.
The QE index in Qatar rose 0.4% led by gains in the insurance and real estate indices. Islamic Holding Group and Qatar Insurance Co. were the top gainers rising 6.3% and 4.0% respectively, while Al Khaleej Takaful Group fell 2.2%. Regional indices were mixed with Kuwait gaining 2.1% and Saudi Arabia falling 0.2%. Ooredoo plans to bid for licenses in Myanmar and North Africa and is replacing its $1.3 billion credit facility.
The QE index in Qatar declined 0.3% led by losses in the transportation and real estate indices. Top losers were Al Khaleej Takaful Group and Qatar International Islamic Bank, falling 3.4% and 3.2% respectively. Indices in other GCC markets were mixed with Saudi Arabia and Oman rising while Kuwait and Bahrain fell. Trading activity on the Qatar Exchange increased compared to the previous day and 30-day average.
The QE index rose 0.5% to close at 10,436.5 led by gains in the real estate and telecom indices. Barwa Real Estate Co. and Qatar General Ins. & Rein. Co. were the top gainers rising 3.3% and 3.1% respectively, while Qatar German Co. for Med. Dev. fell 1.8% and Qatar Navigation declined 1.5%. Trading volume on the Qatar Exchange declined 37.2% compared to the previous day. Regionally, indices in Dubai, Abu Dhabi and Saudi Arabia rose between 0.9-1.4% while Kuwait and Bahrain indices gained around 0.1-0.2%.
El documento describe irregularidades en las elecciones del Sindicato Nacional Médico del Seguro Social de Perú (SINAMSSOP) en 2013. Indica que la lista encabezada por el Dr. Freddy Flores Malpartida fue la primera en entregar documentos el 25 de noviembre, pero el Comité Electoral Nacional dijo que ya había registrado otra lista antes. Más tarde, el Comité lanzó un comunicado difamando a la lista de Flores Malpartida sin pruebas. El documento defiende que no hubo irregularidades de su parte y denuncia la parcialidad del Com
Clearswift has several current vacancies for software engineers, test engineers, and IT support positions in Reading, Berkshire and for a senior technical support engineer in Tokyo, Japan. Specifically, they are looking to fill positions for two software engineers, a software development engineer in test, a junior infrastructure engineer, an infrastructure team leader, and a senior technical support engineer. The roles involve responsibilities like software development, testing, IT support, and customer support. Qualifications required include skills and experience in areas such as Java/C++ programming, software testing, Linux, networking, security concepts, and fluency in Japanese for the Tokyo role.
2 June 2013: The QE index gained marginally to close at 9,239.2. Gains were led by the Transportation and Telecoms indices, gaining 3.6% and 1.8% respectively. Top gainers were Qatar Navigation and Qatar Gas Transport Co., rising 4.7% and 3.6% respectively. Among the top losers, Islamic Holding Group fell 2.6%, while QNB Group declined 2.5%
The QE index in Qatar declined 1.6% led by losses in the real estate and insurance indices. Al Meera Consumer Goods and Dlala Brokerage were the top losers falling 4.6% and 4.1% respectively, while Qatar Cinema & Film Distribution rose 10%. Trading volume rose 54.8% but was lower than the 30-day average. Regional indices were also down except in Oman which rose 0.3%.
The QSE Index declined slightly, led by losses in the telecom and insurance indices. Qatar National Cement and Qatari Investors Group were the top losers. In positive news, Qatar German Co for Medical Devices rose 10% and Ezdan Holding Group rose 3%. Overall trading volume increased compared to the previous day and 30-day average. The Prime Minister of Qatar expressed support for the local manufacturing sector and plans to increase transparency for companies. Other news included plans for more high-rise buildings to address housing demand, an increase in Qatar Primary Materials Company's capacity, and Al Rayan Bank's potential expansion to Europe.
The QE index in Qatar declined 0.2% with losses led by the Transportation and Real Estate indices. Gulf International Services and Qatar Gas Transport Co. were the top losers. Trading volume rose 12.9% but was 11.2% lower than the 30-day average. In company news, QNB Group launched a new business banking program, QIBK contributed to financing the Qatar Rail project, and MERS and QATI replaced two other companies on the QE Index. The Qatar insurance market was reported as the second fastest growing in the Gulf region.
The QE index in Qatar declined slightly by 0.1% led by losses in the insurance and industrial indices. Top losers were Qatar Cinema & Film Dist. Co. and Qatar Electricity & Water Co. which fell by 1.8% and 1.0% respectively. Trading activity increased compared to the previous day but remained below the 30-day average. Regional indices were mixed with Saudi Arabia and Dubai rising while Bahrain declined. News items highlighted Qatar's growing trade surplus in August driven by LNG exports, a directive to support Qatar Airways, and mixed quarterly earnings results from various Qatari companies.
The QSE Index in Qatar declined 0.2% led by losses in the Insurance and Industrial indices. Widam Food Co. and Al Meera Consumer Goods Co. were the top losers. Meanwhile, indices in other GCC countries were mixed - Saudi Arabia and Kuwait rose while Abu Dhabi and Oman fell. International news discussed the US pushing China for greater market access at annual trade talks with little progress seen amid ongoing tensions.
The QE index in Qatar declined 0.7% led by losses in the telecom and transportation indices. Mesaieed Petrochem and Qatar Cinema were the top losers falling over 7%. Volume traded fell 7.5% from the previous day but was higher than the 30-day average. Regional indices were mixed with Saudi up 0.5% and Abu Dhabi down 0.7%.
The QE Index in Qatar rose 0.3% led by gains in the Telecom and Banks indices. QNB Group and Qatar General Insurance rose the most, while Al Meera fell. Trading volume rose 72.8% but was below the 30-day average. In other markets, Saudi fell 0.6% while Abu Dhabi rose marginally and Kuwait rose 0.3%. Regionally, volume was highest in Saudi Arabia.
The QSE Index declined 0.5% led by losses in the Telecom and Insurance indices. Ooredoo and Qatar Oman Investment Co. were the top losers. Regional indices also declined, with Saudi Arabia down 2.8% and Abu Dhabi down 2%. News mentioned credit to Qatar's private sector increasing QR14.2bn and Ooredoo Kuwait appointing a new CFO. Vodafone Qatar also completed an upgrade of network sites in Al Wakrah and Al Wukair.
The QE index in Qatar rose 0.3% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers rising 2.4% and 2.3% respectively, while Qatar Fuel Co fell 4.3%. Regional indices were mixed with Abu Dhabi up 2.5% and Dubai up 1.9% while Kuwait fell 0.9%. Qatar announced allowing foreign ownership of listed companies to rise to 49% subject to amendments in company statutes.
The QE index rose 0.5% to close at 9,841.3, led by gains in the Industrials and Banking & Financial Services indices. Doha Bank and Islamic Holding Group were the top gainers, while Qatar General Ins. & Rein. Co. and Qatar & Oman Investment Co. declined the most. Trading volume rose 0.3% compared to the previous day but fell 13.5% from the 30-day average. Regional indices were mixed with Saudi Arabia and Oman rising while Dubai and Abu Dhabi fell. In earnings news, National Central Cooling Co. reported a 0.9% rise in revenue for 3Q2013 while Dana Gas' revenue increased
The QE index in Qatar declined 2.4% led by losses in the Banking & Financial Services and Telecoms indices. Top losers were Qatar Islamic Bank falling 7.6% and Qatar National Cement down 4.7%. Elsewhere in the GCC, markets were mixed with Saudi Arabia and Kuwait falling slightly while Oman rose 0.6%. Global economic data was mixed with Eurozone CPI estimates coming in below expectations.
The QE Index declined 0.1% to close at 10,739.1. Losses were led by the Telecoms and Banks & Financial Services indices, falling 0.4% and 0.3%, respectively.
The QSE Index rose 0.4% led by gains in the Banks & Financial Services and Real Estate indices. Widam Food Co. and Qatar Industrial Manufacturing Co. were the top gainers while Qatar General Insurance & Reinsurance fell 5.9%. Trading volume fell 59.1% compared to the previous day. In other markets, indices were up in Dubai, Abu Dhabi, Oman, and Bahrain while the Saudi market was closed for a holiday. News items include the QCB offering QR1.55bn in T-bills, appointments at Commercial Bank, and earnings dates for several Qatari companies.
The QE index in Qatar rose 0.4% led by gains in the insurance and real estate indices. Islamic Holding Group and Qatar Insurance Co. were the top gainers rising 6.3% and 4.0% respectively, while Al Khaleej Takaful Group fell 2.2%. Regional indices were mixed with Kuwait gaining 2.1% and Saudi Arabia falling 0.2%. Ooredoo plans to bid for licenses in Myanmar and North Africa and is replacing its $1.3 billion credit facility.
The QE index in Qatar declined 0.3% led by losses in the transportation and real estate indices. Top losers were Al Khaleej Takaful Group and Qatar International Islamic Bank, falling 3.4% and 3.2% respectively. Indices in other GCC markets were mixed with Saudi Arabia and Oman rising while Kuwait and Bahrain fell. Trading activity on the Qatar Exchange increased compared to the previous day and 30-day average.
The QE index rose 0.5% to close at 10,436.5 led by gains in the real estate and telecom indices. Barwa Real Estate Co. and Qatar General Ins. & Rein. Co. were the top gainers rising 3.3% and 3.1% respectively, while Qatar German Co. for Med. Dev. fell 1.8% and Qatar Navigation declined 1.5%. Trading volume on the Qatar Exchange declined 37.2% compared to the previous day. Regionally, indices in Dubai, Abu Dhabi and Saudi Arabia rose between 0.9-1.4% while Kuwait and Bahrain indices gained around 0.1-0.2%.
El documento describe irregularidades en las elecciones del Sindicato Nacional Médico del Seguro Social de Perú (SINAMSSOP) en 2013. Indica que la lista encabezada por el Dr. Freddy Flores Malpartida fue la primera en entregar documentos el 25 de noviembre, pero el Comité Electoral Nacional dijo que ya había registrado otra lista antes. Más tarde, el Comité lanzó un comunicado difamando a la lista de Flores Malpartida sin pruebas. El documento defiende que no hubo irregularidades de su parte y denuncia la parcialidad del Com
Clearswift has several current vacancies for software engineers, test engineers, and IT support positions in Reading, Berkshire and for a senior technical support engineer in Tokyo, Japan. Specifically, they are looking to fill positions for two software engineers, a software development engineer in test, a junior infrastructure engineer, an infrastructure team leader, and a senior technical support engineer. The roles involve responsibilities like software development, testing, IT support, and customer support. Qualifications required include skills and experience in areas such as Java/C++ programming, software testing, Linux, networking, security concepts, and fluency in Japanese for the Tokyo role.
Master MHF series is a scaleable UPS system incorporating a VDC or VDC-XE flywheel. The UPS is ideal for ECO targetted datacentres looking to achieve the lowest possible PUE ratios and highest operational resilience.
The document discusses the conflict in Libya and NATO intervention. It argues that while Gaddafi's regime had clear political issues, NATO intervention was not necessary and had ulterior motives of militarizing access to African resources. NATO bombing aided rebels in toppling Gaddafi but risks further instability in Libya and the region by empowering extremist groups. The intervention sets a precedent for Western powers to create conflicts and then profit from reconstruction, as seen in Iraq. African leaders should not monopolize political space and give Western powers pretexts for interfering in pursuit of African resources.
This resume provides a concise summary of the key points about creating an effective resume: it is a first impression that employers spend 10-20 seconds reviewing, so it needs to be concise yet descriptive of one's skills, experiences, education, and honors in an easy to read format. Guidelines are provided on content to include from past experience and education to skills and goals for improvement. Common mistakes to avoid are also listed such as unnecessary personal details or multiple pages.
Bank Vozrozhdenie has experienced steady growth over 20 years of operations despite economic deceleration in Russia. It focuses on core banking products for corporate and retail customers, with an emphasis on servicing SMEs. The bank has a conservative risk profile, with 70% of its corporate loan portfolio in loans under RUB 750 million issued to 98% of its clients. It maintains a balanced assets and liabilities structure supported primarily by customer deposits.
This document provides information on various fabrication, maintenance, engineering and solar services offered by Global Team including solving problems, general fabrication, industrial maintenance, general engineering, ship repairs, process changes, asset movement and logistics, machinery refurbishments and roof top and ground mount solar installations. Contact details are provided for assistance and quotations.
Drones, Spies, Terrorists and Second Class Citizenship in Pakistan (Christine...fatanews
This essay reviews seven recent books and reports that focus upon the use of U.S. armed drones in Pakistan’s Federally Administered Tribal Areas (FATA). This essay synthesizes a historical account of the program, critically interrogates key arguments and evidence advanced by the various authors, and draws attention the particular problems that confront those who live in the FATA and the second-class citizenship that the Pakistani state has bestowed upon them for reasons of domestic and foreign policy concerns. This review essay does not intend to be the final word on any of the ongoing policy debates. But it does hope to enable a wider audience to take part in these important deliberations.
The QE index in Qatar rose 2.6% led by gains in the banking and financial services and real estate indices. Masraf Al Rayan and Qatar Islamic Bank were the top gainers rising 10.0% and 5.4% respectively, while Qatar Fuel Co. fell 3.4%. Regionally, Saudi Arabia's market rose 0.2% while Kuwait fell 0.5% and Oman declined 0.3%.
QNBFS Daily Market Report January 09, 2023QNB Group
The QE Index rose 1.4% to close at 11,297.6. Gains were led by the Industrials and Banks & Financial Services indices, gaining 2.3% and 1.1%, respectively.
The QSE Index rose 1.3% led by gains in the Real Estate and Industrials indices. Top gainers were Gulf International Services and Qatar National Cement Co., while top losers were Qatar General Insurance and Reinsurance Co. and Qatar Oman Investment Co. Trading volume rose 93% compared to the previous day. Regional indices were also up, with Dubai rising the most at 2.5%. Company earnings and global economic data were also reported.
The document summarizes daily market activity and performance across various stock exchanges in Qatar and the GCC region. On the Qatar Exchange, the market index declined 0.3% as the Transportation and Banking indices fell. Top losers were Zad Holding and Gulf International Services. Top gainers included Qatar Cinema and Qatar National Cement. Trading volume declined 57.5% compared to the previous day. Other GCC markets saw gains in Dubai and Abu Dhabi but declines in Saudi Arabia and Kuwait.
The QE index in Qatar rose 0.6% led by gains in the Industrials and Transportation indices. Al Ahli Bank and Gulf International Services were the top gainers, while Salam International Inv. Co. and Barwa Real Estate Co. declined. Regional indices were mixed with Saudi Arabia and Dubai rising while Kuwait and Bahrain declined.
The QE index in Qatar declined 0.3% on the day due to selling pressure from Qatari shareholders despite buying from non-Qatari shareholders. Qatari Investors Group and Widam Food Co. were the top losers, falling over 9% and 4.5% respectively. In other markets, indices were mixed with Abu Dhabi up 0.6% while Dubai fell 0.6%. Regionally, US oil production is expected to rise by 1 million barrels per day this year to record levels. European economic growth is also expected to pick up in 2014 after overcoming the crisis in 2013.
The QE index in Qatar rose 0.3% led by gains in the insurance and real estate indices. Top gainers were Al Khaleej Takaful Group and Medicare Group. Regional indices were mixed with Saudi Arabia and Oman up while Dubai, Abu Dhabi and Kuwait declined. Global economic data showed the US trade deficit widened and Eurozone PPI declined year-over-year. In Qatar news, T-bill yields fell to their lowest since 2012 and Milaha received approval for a share buyback program.
The QSE Index in Qatar gained 0.4% led by gains in the Industrials and Telecoms indices. Ahli Bank and Aamal Co. were the top gainers rising 5.7% and 2.6% respectively, while Mazaya Qatar Real Estate Development fell 1.5%. Volume traded fell 41.4% compared to the previous day. Other GCC markets were also mostly up with Saudi and Dubai indices rising 0.1% and 0.8% respectively.
The QE index in Qatar rose 0.1% led by gains in the real estate and telecom indices. Al Khaliji and Zad Holding Co. were the top gainers rising 3.8% and 2.7% respectively, while Qatar Gas Transport Co. fell 2.9%. Regional indices were mixed with Abu Dhabi rising 0.1% while Saudi Arabia fell 0.3%. Trading activity on the Qatar Exchange declined 27.7% in volume terms day-over-day.
The document provides an overview of market performance and commentary for various stock exchanges in Qatar and the GCC region. Specifically:
- The Qatari stock market (QSE Index) declined 0.9% led by losses in the telecom and real estate sectors. Gulf Warehousing and Zad Holding were the top losers while Qatar General Insurance and Qatar National Cement were among the top gainers.
- Other GCC markets also declined with Saudi Arabia down 0.3% and Abu Dhabi falling 0.8%. Losses were seen across various sectors like telecom, utilities and real estate.
- Trading activity on the Qatari market fell compared to the previous day and 30-day
QNBFS Daily Market Report November 29, 2022QNB Group
The QE Index declined 0.9% to close at 11,629.6. Losses were led by the Telecoms and Consumer Goods & Services indices, falling 2.3% and 2.1%, respectively.
The QSE Index rose marginally to close at 11,521.3, led by gains in the Insurance and Industrials indices. Top gainers were Gulf International Services and Qatar National Cement Co, while Mannai Corp and Ahli Bank were the top losers. Trading activity rose compared to the previous day but was lower than the 30-day average. In other news, DBIS announced agenda for shareholder meetings to approve bonus shares distribution, while QOIS's AGM approved an 8% cash dividend.
The QE index rose 0.1% as the Telecoms and Transportation indices gained. Vodafone Qatar and Mazaya Qatar Real Estate Dev. were the top gainers, while Qatar Cinema & Film Dist. Co. and Qatari Investors Group declined the most. Trading volume increased by 21.6% compared to the previous day and was 111.9% higher than the 30-day average, with Vodafone Qatar and Mazaya Qatar contributing over half the volume. Several Qatar-related news were also mentioned, including a new public finance law, capital increase approvals for merged entities, and corporate updates.
The QE index in Qatar rose 1.7% led by gains in the telecom and industrial indices. Top gainers were Qatar Electricity & Water and QNB Group. Losses were led by Qatar Cinema & Film Dist. Regional markets were mixed with gains in Abu Dhabi and declines in Kuwait. Volume on the QE rose over 50% compared to the 30-day average. Earnings news included a 193% rise in revenue for Al Madina Finance in Kuwait. Global economic data showed a decline in US mortgage applications but gains in French and German CPI.
The QSE Index rose 1.1% to close at 8,669.0. Gains were led by the Consumer Goods & Services and Industrials indices, gaining 3.4% and 2.4%, respectively.
The QE index in Qatar declined 0.6% due to losses in the telecom and industrial indices. Top losers were Qatar Telecom and Dlala Brok. & Inv. Holding Co., falling 1.8% and 1.6% respectively. Trading volume on the Qatar exchange declined 33.8% compared to the 30-day moving average. Fitch affirmed RasGas II & 3 bonds at A+ with a stable outlook. S&P said a change in Qatar's emir would likely not immediately impact credit ratings.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR INSURANCE CO stock. For the QE Index, it notes the index remains in a downtrend but is approaching a support level of 9,700, where long positions could be taken. It provides expected resistance and support levels. For QATAR INSURANCE CO stock, it notes the stock has not fallen as much as others and the uptrend remains intact above moving averages, though liquidity is low. It provides expected price targets and resistance/support levels for the stock. Definitions of technical analysis terms like candlesticks, support, and simple moving average are also included.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
- The QE Index in Qatar rose 0.3% led by gains in the Transportation and Industrials indices. Qatar Navigation and Al Khaleej Takaful Insurance were the top gainers.
- Regional markets were mixed with Saudi Arabia down 1% but Abu Dhabi up marginally. Economic data from the US and Europe was mixed.
- In Qatar news, QR500mn in bills were sold at a yield of 5.755% and Gulf International Services approved final merger agreements. Ooredoo also signed an MoU to support businesses in Qatar free zones.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Unlock Your Potential with NCVT MIS.pptxcosmo-soil
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
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Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
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Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
1. QE Intra-Day Movement
Market Indicators
10,350
10,300
10,250
10,200
9:30
17 Nov 13
14 Nov 13
%Chg.
Value Traded (QR mn)
Exch. Market Cap. (QR mn)
Volume (mn)
Number of Transactions
Companies Traded
Market Breadth
500.4
553,518.7
14.3
7,418
40
29:10
378.8
549,780.1
9.8
5,791
40
22:14
32.1
0.7
44.8
28.1
0.0
–
Market Indices
10:00
10:30
11:00
11:30
12:00
12:30
13:00
Qatar Commentary
The QE index rose 0.7% to close at 10,284.8. Gains were led by the
Transportation and Banking & Financial Services indices, gaining 0.9% each.
Top gainers were Qatar Cinema & Film Dist. Co. and Qatari Investors Group,
rising 5.8% and 2.3% respectively. Among the top losers, Mannai Corp. fell
3.3%, while Qatar Insurance Co. declined 1.4%.
Close
Total Return
All Share Index
Banks
Industrials
Transportation
Real Estate
Insurance
Telecoms
Consumer
Al Rayan Islamic Index
1D%
WTD%
YTD%
TTM P/E
14,694.63
2,565.14
2,456.08
3,379.02
1,878.90
1,900.27
2,332.27
1,452.80
5,908.64
2,945.27
0.7
0.6
0.9
0.7
0.9
0.6
(1.1)
0.6
0.0
0.8
0.7
0.6
0.9
0.7
0.9
0.6
(1.1)
0.6
0.0
0.8
29.9
27.3
26.0
28.6
40.2
17.9
18.8
36.4
26.5
18.4
N/A
13.0
13.2
12.3
12.7
13.0
9.6
20.0
22.4
15.4
GCC Commentary
GCC Top Gainers##
Exchange
Close#
1D%
Saudi Arabia: The TASI index rose 0.8% to close at 8,383.8. The Energy &
Utilities index gained 4.4%, while the Cement index was up 3.0%. Southern
Province Cement Co. rose 9.2%, while Saudi Electricity Co. gained 4.9%.
Southern Prov. Cement
Saudi Arabia
130.50
9.2
716.3
30.5
Comm. Bank of Kuwait
Kuwait
0.75
7.1
0.5
5.6
Dubai: The DFM index fell 0.4% to close at 2,813.1. The Investment &
Financial Services index declined 1.6%, while the Services index was down
1.3%. Gulf Finance House declined 6.2%, while Agility was down 6.1%.
Saudi Electricity Co.
Saudi Arabia
14.85
4.9
11,317.7
10.8
Yamamah Saudi Cem.
Saudi Arabia
63.75
4.9
1,917.8
34.2
Abu Dhabi: The ADX benchmark index fell 0.1% to close at 3,789.4. The Inv.
& Fin. Ser. index declined 3.3%, while the Consumer index fell 2.0%. Abu
Dhabi Nat. Co. for B & M declined 7.2%, while Abu Dhabi Ship Build. fell 3.9%.
Saudi Telecom Co.
Saudi Arabia
55.75
3.7
7,137.1
28.8
GCC Top Losers
Exchange
Kuwait: The KSE index rose 0.1% to close at 7,913.1. The Technology index
gained 2.3%, while the Banking index rose 0.6%. National Ranges Co. gained
10.2%, while Kuwait Real Estate Holding Co. was up 9.4%.
Mannai Corp.
Qatar
85.60
(3.3)
0.1
5.7
Nat. Real Estate Co.
Kuwait
0.15
(2.5)
672.1
28.3
Oman: The MSM index gained marginally to close at 6,764.5. The Industrial
index rose 0.4%, while the Banking & Investment index was up 0.1%. Voltamp
Energy gained 4.4%, while Dhofar Insurance was up 2.8%.
Taiba Holding Co.
Saudi Arabia
41.00
(2.4)
2,589.9
65.0
Ithmaar Bank
Bahrain
0.23
(2.2)
1,432.4
32.4
Saudi Ceramic
Saudi Arabia
116.50
(2.1)
551.1
58.0
Bahrain: The BHB index fell 0.5% to close at 1,197.8. The Industrial index
declined 1.0%, while the Investment index was down 0.7%. Gulf Finance
House declined 6.5%, while Al Salam Bank was down 4.9%.
##
#
Close
Vol. ‘000
1D% Vol. ‘000
YTD%
YTD%
Source: Bloomberg (# in Local Currency) (## GCC Top gainers/losers derived from the Bloomberg GCC
200 Index comprising of the top 200 regional equities based on market capitalization and liquidity)
Qatar Exchange Top Gainers
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Losers
Close*
1D%
Vol. ‘000
Qatar Cinema & Film Dist. Co.
45.50
5.8
2.4
(20.0)
Mannai Corp.
85.60
(3.3)
0.1
5.7
65.00
(1.4)
50.3
20.5
YTD%
Qatari Investors Group
35.95
2.3
1,746.2
56.3
Qatar Insurance Co.
Masraf Al Rayan
32.25
1.9
2,063.2
30.1
Qatar General Ins. & Rein. Co.
50.10
(1.2)
17.2
8.9
Ezdan Holding Group
17.41
1.3
194.9
(4.3)
Qatar Islamic Insurance
57.60
(0.7)
6.8
(7.1)
Aamal Co.
14.63
1.2
65.4
7.5
Gulf Warehousing Co.
40.00
(0.6)
16.1
19.4
Close*
1D%
Vol. ‘000
YTD%
Qatar Exchange Top Val. Trades
Close*
1D%
Val. ‘000
YTD%
United Development Co.
23.37
0.0
2,611.8
31.3
Industries Qatar
168.40
0.6
69,857.3
19.4
Masraf Al Rayan
32.25
1.9
2,063.2
30.1
Masraf Al Rayan
32.25
1.9
66,235.7
30.1
Qatari Investors Group
35.95
2.3
1,746.2
56.3
Qatari Investors Group
35.95
2.3
62,661.6
56.3
9.88
0.8
1,461.7
18.3
United Development Co.
23.37
0.0
61,403.4
31.3
27.70
1.1
1,363.2
0.9
Barwa Real Estate Co.
27.70
1.1
37,760.0
0.9
Qatar Exchange Top Vol. Trades
Vodafone Qatar
Barwa Real Estate Co.
Source: Bloomberg (* in QR)
Source: Bloomberg (* in QR)
Regional Indices
Qatar*
Dubai
Abu Dhabi
Saudi Arabia
Kuwait
Oman
Bahrain
Close
1D%
WTD%
MTD%
YTD%
10,284.80
2,813.08
3,789.39
8,383.77
7,913.09
6,764.45
1,197.81
0.7
(0.4)
(0.1)
0.8
0.1
0.0
(0.5)
0.7
(0.4)
(0.1)
0.8
0.1
0.0
(0.5)
4.5
(3.7)
(1.5)
4.2
(0.4)
1.4
(0.3)
23.0
73.4
44.0
23.3
33.3
17.4
12.4
Exch. Val. Traded
($ mn)
137.44
139.55
78.24
1,600.57
92.10
25.69
1.69
Exchange Mkt.
Cap. ($ mn)
152,051.6
67,931.5
109,156.6
456,916.0
109,418.8
24,073.7
16,773.3
P/E**
P/B**
13.1
16.6
10.5
17.1
18.3
10.8
8.1
1.8
1.1
1.3
2.1
1.3
1.6
0.8
Dividend
Yield
4.5
3.2
4.8
3.5
3.5
3.8
4.0
Source: Bloomberg, Qatar Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
Page 1 of 5
2. Qatar Market Commentary
The QE index rose 0.7% to close at 10,284.8. The
Transportation and Banking & Financial Services indices led the
gains. The index rose on the back of buying support from nonQatari shareholders despite selling pressure from Qatari
shareholders.
Qatar Cinema & Film Dist. Co. and Qatari Investors Group were
the top gainers, rising 5.8% and 2.3% respectively. Among the
top losers, Mannai Corp. fell 3.3%, while Qatar Insurance Co.
declined 1.4%.
Overall Activity
Buy %*
Sell %*
Net (QR)
Qatari
70.76%
79.99%
(46,163,600.26)
Non-Qatari
29.24%
20.01%
46,163,600.26
Source: Qatar Exchange (* as a % of traded value)
Volume of shares traded on Sunday rose by 44.8% to 14.3mn
from 9.8mn on Thursday. Further, as compared to the 30-day
moving average of 7.6mn, volume for the day was 88.7% higher.
United Development Co. and Masraf Al Rayan were the most
active stocks, contributing 18.3% and 14.5% to the total volume
respectively.
Earnings
Earnings Releases
Company
Revenue
(mn) 3Q2013
% Change
YoY
Operating Profit
(mn) 3Q2013
% Change
YoY
Net Profit (mn)
3Q2013
% Change
YoY
AED
224.3
-17.0%
–
–
22.1
147.7%
AED
25.5
22.4%
–
–
-2.8
N/A
Abu Dhabi
AED
61.6
10.1%
–
–
74.4
187.9%
Bahrain
BHD
48.4
-22.8%
–
–
7.5
30.1%
Bahrain
BHD
6.6
-4.0%
–
–
1.5
-15.0%
Market
Currency
Abu Dhabi Ship Building
Abu Dhabi
United Insurance Co. (UIC)
Al Wathba National
Insurance Co.
Arab Insurance Group
(ARIG)
Bahrain Duty Free Shop
Complex (DUTYF)
Abu Dhabi
Source: Company data, DFM, ADX, MSM
News
Qatar
Qatar to spend more than $156bn on construction by 2030 –
According to a report by EC Harris, Qatar is due to spend
$156.8bn on implementing major construction programs by
2030. These construction programs in Qatar – costing $1bn or
more – are due to peak in 2016 with $34bn worth of projects due
to be delivered. Further, the report showed that some 117 major
programs are planned across the Middle East to be completed
by 2030, costing more than $1tn. These programs include major
infrastructure, energy, property and transportation projects. Of
the six countries covered in the EC Harris report, the UAE is due
to spend the most on major programs at $329.4bn, followed by
Saudi Arabia ($255bn), Qatar ($156.8bn), Kuwait ($130.3bn),
Iraq ($123.3bn) and Oman ($21.8bn). (Gulf-Times.com)
Barwa Real Estate inks MoA with Qatari Diar – Barwa Real
Estate has signed a memorandum of agreement (MoA) with its
strategic partner, Qatari Diar (45% owner of Barwa). The
agreement covers selling assets worth QR20bn that needs to be
implemented latest by June 30, 2014. This agreement is a part
of Barwa’s plans to restructure its finances in order to reduce
debt, which would reflect positively on its financial statements.
(QE)
QA orders 50 Boeing 777-9X planes, 5 Airbus A330
freighters – Qatar Airways (QA) placed orders worth $19bn for
50 Boeing 777-9X long-haul jet, which will make the national
carrier one of the launch customers for the new jet. QA has
signed a letter of intent to this effect at the 2013 Dubai Airshow.
The 777-9 edition, carrying 406 people, will be delivered starting
2020. Further, QA has also placed an order for five Airbus A330
freighters as it expands its cargo business. The carrier said it
has taken out options for another 8 aircraft, making the deal
potentially worth $2.8bn at list prices. QA’s Chief Executive
Akbar Al Baker said cargo is a strategic part of the airline’s
business. Al Baker said QA was considering upgrading some of
its orders placed for A350-900 models to the larger A350-1000.
He said it would consider a stretched version of the A350-1000 if
Airbus decided to build one. (Gulf-Times.com, Reuters)
Al Meera opens first rehabilitated shopping mall in Muscat –
Al Meera Consumer Goods Company has opened its first
rehabilitated shopping mall in Al Athaiba Area in Muscat, Oman.
With the opening of the new outlet, Al Meera now has five
branches in Oman. (Qatar Tribune)
Mowasalat boosts cars fleet – Mowasalat has added 50
seven-seater cars to its fleet of taxis serving the Doha
International Airport. (Peninsula Qatar)
Qatar Foundation announces two new key appointments –
Qatar Foundation has made two new key appointments – the
organization named Engineer Jassim Telefat as Group
Executive Director of Qatar Foundation Capital Projects and
Facilities Management, and Fahad Saad Al Qahtani as Group
Executive Director of Qatar Foundation Administration.
(Peninsula Qatar)
HIA airport to be opened in May – The Hamad International
Airport (HIA) will open in May next year, local Arabic daily Al
Sharq has said quoting an informed source. Work on the
passenger halls will be completed next April. (Gulf-Times.com)
Woqod opens new service station in Abu Samra – Qatar
Fuel (Woqod) has opened a new service station in Abu Samra.
The service station is located near the Qatar-Saudi border,
approximately 85 kilometers west of Doha. (Gulf-Times.com)
Oman seeks to augment exports to Qatar – Oman’s Public
Authority for Investment Promotion & Export Development’s
(Paiped) Director General of export development Nasima Yahya
Page 2 of 5
3. Zirook al Balushi said Omani exporters are keen about further
enhancing partnerships with their Qatari counterparts across
various industries. She added that exports from Oman to Qatar
mainly consisting of construction materials and food increased
by 33.7% in 2012 as compared to 2011, while the volume of
Oman's exports to Qatar was valued at OMR61.5mn. (Qatar
Tribune)
Accor to operate two branded hotels in Doha – Accor Middle
East, a hospitality group in the region, has signed a
management agreement to operate two new hotels, a 3-star ibis
hotel (150 guest rooms) and a midscale aparthotel Adagio(150
apartments) in Doha. Ibis Doha will complement a regional Ibis
network of 12 hotels already in operation and seven currently
under development, while Adagio Doha will the 5th branded
hotel in the region. (Bloomberg)
International
Bundesbank sees no asset price bubble for now – The
German central bank, Bundesbank’s board member Joachim
Nagel said no asset price bubble is seen building for the time
being, and investors are aware that current low interest rates are
an exceptional situation that will not last. He said the record low
interest rates currently – the European Central Bank cut its main
refinancing rate to 0.25% this month – are a big challenge for
market participants, driving many to seek alternative
investments. Nagel said he does not see a bubble forming, but
every investor must be aware of the possibility for a correction,
especially when volatility returns to the markets. (Reuters)
Rightmove: Little sign of UK housing bubble – According
UK-based property website Rightmove, fears of Britain's
housing stimulus schemes inflating a price bubble look
overblown. The government has introduced two schemes to
help revive a property market, but as an economic recovery
takes hold, some worry that the stimulus could overheat the
market and pose a new threat to Britain's financial stability.
Rightmove’s director Miles Shipside said efforts by the Financial
Conduct Authority were working after it introduced new rules to
stop a repeat of the previous decade's housing bubble. Visitors
to the website had risen 30% in September as compared to the
same period in 2012, indicating a possible release of pent-up
demand to move. (Reuters)
IMF: SWFs should rope in independent experts for risk,
assets allocation – According to a working paper by the
International Monetary Fund (IMF), sovereign wealth funds
(SWFs), should provide for real delegation of an independent
operational manager within overall limits on risks and asset
allocation set by the owner. IMF said this is particularly
important since SWFs have assumed key roles in their domestic
economies and global financial markets. The SWFs' assets
under management have grown rapidly over the last few years,
driven by balance of payment surpluses and high commodity
prices. Upper-end estimates indicate the total SWF assets to be
worth around $5tn. This figure may have double counted some
sovereign assets, by including central bank assets that are
already captured in official reserves. (Gulf-Times.com)
Regional
Gulf airlines splurge $150bn as Boeing launches new 777
jet; Etihad orders 87 aircraft from Airbus – Airlines in the Gulf
have placed orders worth over $150bn on the first day of the
Dubai Airshow, underscoring a power shift in the aviation
industry. This also gave a boost to the formal launch of Boeing's
newest jet, as well as to Airbus's A380 superjumbo. Dubaibased Emirates Airlines led the buying spree with an order for
150 of Boeing's revamped 777 mini-jumbo plane, in a deal worth
$76bn at list prices. Emirates also ordered 50 Airbus A380s, the
world's biggest passenger plane, worth a total $23bn. With more
demand coming from Etihad Airways and Qatar Airways as well,
Boeing announced commitments totaling 259 planes for its new
777 jet, worth about $100bn at list prices, making it the largest
combined order in its history. Meanwhile, Etihad Airways has
placed an order for 87 aircraft with Airbus, which includes
options for 30 more and could be worth $26.9bn. (Reuters)
Saudi cement sales rise 2% to 4.19mn tons in October –
According to a report by Yamamah Cement Company (YCC),
cement sales in the Saudi market rose by 2% to 4.19mn tons in
October 2013 as compared to 4.13mn tons in October 2012.
The volume of cement produced by Saudi cement companies
reached 4.23mn tons against 4.22mn tons in the comparable
period. According to the report, production of clinker – the major
raw material for cement – soared by 19% in October 2013 to
reach 4.74mn tons as compared to 3.98mn tons in October
2012. Meanwhile, the volume of imported clinker reached
780,000 tons in October 2013, while exported clinker volume
rose by 9% to reach 36,000 tons. (GulfBase.com)
Saudi Arabian crude oil exports reach eight-year high –
According to data released by the Joint Organization Data
Initiative’s (JODI), Saudi Arabia ranked as the world’s largest
crude producer in September, ahead of Russia for the second
consecutive month, and exported more oil than in any month
since November 2005. The Kingdom produced 10.12mn barrels
a day, 70,000 less than in August, and shipped 7.84mn barrels
in September, up from 7.8mn. The figures exclude natural gas
liquids. (Bloomberg)
Dar Al Arkan picks banks for sukuk sale – Saudi-based
property developer Dar Al Arkan has picked five banks to help in
arranging the possible sale of a three-year, dollar-denominated
sukuk. The developer appointed Goldman Sachs, Deutsche
Bank, Bank of America Merrill Lynch, Bank Alkhair and Emirates
NBD Capital to arrange investor meetings on November 17 and
18. (Reuters)
CBUAE issues credit exposure limit rules – The Central Bank
of the UAE (CBUAE) has set out rules to govern ratio
requirements to which all banks must adhere to ensure their
liquidity and solvency. These rules govern exposure limits of
banks to governments, local governments and governmentrelated entities. A profitable government-related enterprise
(GRE) that does not need explicit or implicit government
support, with a credit rating of at least BBB, can be treated by as
an entity separate from the government. Credit facilities by
banks operating outside the UAE cannot exceed 30% of a
bank’s capital base. Banks with higher exposure than new limits
must reduce exposure by 20% a year over a period of maximum
5 years. The credit limit of 30% also applies to facilities given by
branches of foreign banks to headquarters and facilities to
subsidiary companies. (Bloomberg)
Amlak to resume trading before July 2014 – The UAE’s
Economy Minister Sultan Bin Saeed Al Mansoori said Amlak will
resume trading before July 2014. Amlak is said to seek
extension on its $2bn debt. (Bloomberg)
Flydubai sees burgeoning demand for budget travel –
Flydubai’s CEO Ghaith Al Ghaith said there is plenty of
untapped demand for mid-range travel from Dubai's tourism
hub, despite the massive capacity at the airport filling up. He
said there are not enough flights in the region as compared to
places in Europe, but there is rising demand. Al Ghaith said
demand is increasing as cities in the Gulf region continue to
develop, while more can be created as new connections are
launched. (Reuters)
Page 3 of 5
4. DSI’s unit JV wins AED545mn contract in Egypt – A
consortium of Passavant-Roediger - a wholly owned German
subsidiary of Drake & Scull International (DSI), Acciona Spain’s private developer and manager of infrastructure,
renewable energy, water and services, and Hassan Allam Sons
- Egypt’s construction and property group, has obtained an
AED545mn contract to expand the Gabal Al Asfar Waste Water
Treatment Plant (GAAWWTP) on the outskirts of Cairo, Egypt.
(DFM)
Cipriani to open restaurant in Dubai– Italy-based Cipriani, a
global brand in the restaurant business, has re-entered the UAE
market with its Yas Island branch. The company plans to open
its Dubai property in the first quarter of 2014. (GulfBase.com)
Dana Gas awards $17mn contract for Zora Offshore Field –
Dana Gas has awarded a contract worth $17mn for the
fabrication of an offshore platform in the Zora Field Development
Project to Adyard Abu Dhabi. The platform is an important
element in the Zora project’s overall scope, which aims to
extract the reserves from the gas field through an offshore
facility and to transport the reserves via a 35-kilometer subsea
pipeline to an onshore gas processing facility. The facility will be
located in Sharjah onshore area. The company expects to start
delivering 40mn cubic feet per day of gas by 1H2015. (ADX)
Etihad acquires 33.3% stake in Darwin – Abu Dhabi-based
Etihad Airways has bought a 33.3% stake in Swiss carrier,
Darwin Airline. Following the deal completion, Darwin will be
rebranded as Etihad Regional. The deal will allow Etihad to
connect to secondary markets in Europe where it does not reach
currently. (Reuters)
Galfar bags Muscat Airport’s catering building contract –
Galfar Engineering & Contracting Company has won the flight
catering facilities project, which is estimated to cost
OMR67.37mn. The catering facility, part of the expansion of
Muscat International Airport, is aimed at creating facilities for
30,000 meals a day. The scope of work includes construction of
a building to accommodate kitchen that would serve several
carriers flying to Muscat. (GulfBase.com)
UGB reports $2.2mn net profit in 9M2013 – The United Gulf
Bank (UGB) has reported a net profit of $2.2mn attributable to
its parent’s shareholders for the nine months ended September
2013 as compared to $4.9mn in 9M2012. Net loss in 3Q2013
stood at $7.4mn as compared to a loss of $11.5mn in 3Q2012.
UGB’s total assets stood at $1.26bn as on September 30, 2013,
growing from $1.23bn as on December 31, 2012.
(GulfBase.com)
KHCB reports BHD0.5mn net loss in 3Q2013 – Khaleeji
Commercial Bank (KHCB) has reported a net loss of BHD0.5mn
in 3Q2013 as compared to a net profit of BHD0.25mn in
3Q2012. Loss per share stood at BHD0.43 in 3Q2013 as
compared to EPS of BHD0.22 in 3Q2012. Total assets at the
end of September 2013 stood at BHD572.5mn, reflecting a YTD
increase of 21%. Financing assets rose by 7% YTD to
BHD262.9mn, while customers’ current accounts were up
168.2% YTD to BHD30.6mn. (Bahrain Bourse)
Page 4 of 5
5. Rebased Performance
Daily Index Performance
160.0
150.0
140.0
130.0
120.0
110.0
100.0
90.0
80.0
1.2%
0.8%
0.8%
0.4%
118.9
0.0%
0.1%
0.0%
(0.1%)
(0.4%)
QE Index
S&P Pan Arab
S&P GCC
Source: Bloomberg
Asset/Currency Performance
Gold/Ounce
Silver/Ounce
Crude Oil (Brent)/Barrel (FM
Future)
Natural Gas (Henry
Hub)/MMBtu
North American Spot LPG
Propane Price
North American Spot LPG
Normal Butane Price
Euro
Source: Bloomberg
Close ($)
1D%
WTD%
YTD%
Global Indices Performance
Close
1D%
WTD%
YTD%
1,290.20
0.0
0.0
(23.0)
DJ Industrial
15,961.70
0.0
0.0
21.8
20.81
0.0
0.0
(31.4)
S&P 500
1,798.18
0.0
0.0
26.1
108.50
0.0
0.0
(2.3)
NASDAQ 100
3,985.97
0.0
0.0
32.0
3.56
0.0
0.0
3.9
323.00
0.0
0.0
15.5
118.63
0.0
0.0
31.8
DAX
9,168.69
0.0
0.0
20.4
142.87
0.0
0.0
(19.1)
FTSE 100
6,693.44
0.0
0.0
13.5
STOXX 600
1.35
0.0
0.0
2.3
100.19
0.0
0.0
15.5
Nikkei
GBP
1.61
0.0
0.0
(0.8)
CHF
1.09
0.0
0.0
0.1
AUD
0.94
0.0
0.0
(9.9)
USD Index
80.85
0.0
0.0
RUB
32.59
0.0
0.0
BRL
0.43
0.0
0.0
(11.5)
Yen
Oman
Jul-13
Bahrain
May-12 Dec-12
Kuwait
Oct-11
Qatar
Jan-10 Aug-10 Mar-11
(0.4%)
(0.5%)
Saudi Arabia
(0.8%)
Dubai
131.0
0.7%
Abu Dhabi
147.8
4,292.23
0.0
0.0
17.9
15,165.92
0.0
0.0
45.9
MSCI EM
1,005.17
0.0
0.0
(4.7)
SHANGHAI SE Composite
2,135.83
0.0
0.0
(5.9)
HANG SENG
23,032.15
0.0
0.0
1.7
1.4
BSE SENSEX
20,399.42
0.0
0.0
5.0
6.8
Bovespa
53,451.60
0.0
0.0
(12.3)
1,444.24
0.0
0.0
(5.4)
Source: Bloomberg
CAC 40
RTS
Source: Bloomberg
Contacts
Saugata Sarkar
Ahmed M. Shehada
Keith Whitney
Sahbi Kasraoui
Head of Research
Head of Trading
Head of Sales
Manager - HNWI
Tel: (+974) 4476 6534
Tel: (+974) 4476 6535
Tel: (+974) 4476 6533
Tel: (+974) 4476 6544
saugata.sarkar@qnbfs.com.qa
ahmed.shehada@qnbfs.com.qa
keith.whitney@qnbfs.com.qa
sahbi.alkasraoui@qnbfs.com.qa
QNB Financial Services SPC
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar
Financial Markets Authority and the Qatar Exchange; QNB is regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an
offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal, tax, accounting, or financial advice. We therefore strongly advise potential
investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS believes to be
reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts,
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Page 5 of 5