The QE index in Qatar declined 0.9% led by losses in the Telecom and Industrial indices. Top losers were Gulf Warehousing Co. and Qatar Electricity & Water Co. The DFM index in Dubai gained 0.6% while the ADX index in Abu Dhabi fell 0.1%. Regional indices were mixed with Qatar declining 0.9%, Dubai up 0.6%, Abu Dhabi down 0.1%, and Oman down 0.3%. Trading volumes on the Qatar exchange fell 51.9% compared to the previous day.
The QE index in Qatar rose 0.2% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers while Doha Insurance and Medicare Group declined. Regional indices were mixed with Saudi Arabia down slightly but Dubai and Abu Dhabi up. Earnings news included Etisalat reporting a 5.9% rise in net profit and CBQK's net profit rising 2.4% quarter-on-quarter. Fitch upgraded Alternatifbank's ratings following its acquisition by CBQK.
Major stock indices in Qatar and other GCC countries declined significantly on Sunday. The QSE index in Qatar fell 5.2% as the telecom and real estate indices dropped sharply. Stock markets in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, and Oman also witnessed declines, ranging from 0.4% in Bahrain to 6.9% in Saudi Arabia. Volume of shares traded on the Qatari stock exchange increased by over 20% compared to the previous day.
The QE index in Qatar rose 0.2% led by gains in the industrial and banking indices. Gulf International Services and Qatar German Co. for Med. Dev. were the top gainers rising 2% and 1.6% respectively, while Qatar Industrial Manufacturing fell 1.8%. Trading volume declined 49.8% from the previous day. In company news, Qatar Holding purchased NYSE Euronext's 12% stake in the Qatar Exchange, and the Commercial Bank of Qatar acquired a further 3.4% stake in Alternatifbank.
The QE index in Qatar rose 0.4% led by gains in the transportation and telecom sectors. Qatar Electricity & Water Co. and Qatar Gas Transport Co. were the top gainers, while Al Ahli Bank fell 3.2%. Most other GCC markets fell except for Saudi Arabia and Oman. Earnings were reported from Dubai Refreshments Co., and global economic data was mixed with US factory orders beating estimates but economic optimism declining. In company news, Qatar established a new economic council and various Qatar companies set dates to disclose earnings. The US Fed adopted new Basel III rules to regulate banks while the BoE plans new bank capital rules.
The QSE Index in Qatar declined 0.7% led by losses in the Telecom and Consumer Goods indices. Zad Holding and Al Meera Consumer Goods were the top losers falling 2.7% and 2.3% respectively. Trading volume fell 33.6% compared to the previous day. In other GCC markets, Saudi Arabia and Dubai rose over 1% while Abu Dhabi gained 0.1%.
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 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 0.2% led by gains in the telecom and banking indices. Ooredoo and Masraf Al Rayan were the top gainers while Doha Insurance and Medicare Group declined. Regional indices were mixed with Saudi Arabia down slightly but Dubai and Abu Dhabi up. Earnings news included Etisalat reporting a 5.9% rise in net profit and CBQK's net profit rising 2.4% quarter-on-quarter. Fitch upgraded Alternatifbank's ratings following its acquisition by CBQK.
Major stock indices in Qatar and other GCC countries declined significantly on Sunday. The QSE index in Qatar fell 5.2% as the telecom and real estate indices dropped sharply. Stock markets in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, and Oman also witnessed declines, ranging from 0.4% in Bahrain to 6.9% in Saudi Arabia. Volume of shares traded on the Qatari stock exchange increased by over 20% compared to the previous day.
The QE index in Qatar rose 0.2% led by gains in the industrial and banking indices. Gulf International Services and Qatar German Co. for Med. Dev. were the top gainers rising 2% and 1.6% respectively, while Qatar Industrial Manufacturing fell 1.8%. Trading volume declined 49.8% from the previous day. In company news, Qatar Holding purchased NYSE Euronext's 12% stake in the Qatar Exchange, and the Commercial Bank of Qatar acquired a further 3.4% stake in Alternatifbank.
The QE index in Qatar rose 0.4% led by gains in the transportation and telecom sectors. Qatar Electricity & Water Co. and Qatar Gas Transport Co. were the top gainers, while Al Ahli Bank fell 3.2%. Most other GCC markets fell except for Saudi Arabia and Oman. Earnings were reported from Dubai Refreshments Co., and global economic data was mixed with US factory orders beating estimates but economic optimism declining. In company news, Qatar established a new economic council and various Qatar companies set dates to disclose earnings. The US Fed adopted new Basel III rules to regulate banks while the BoE plans new bank capital rules.
The QSE Index in Qatar declined 0.7% led by losses in the Telecom and Consumer Goods indices. Zad Holding and Al Meera Consumer Goods were the top losers falling 2.7% and 2.3% respectively. Trading volume fell 33.6% compared to the previous day. In other GCC markets, Saudi Arabia and Dubai rose over 1% while Abu Dhabi gained 0.1%.
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 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 0.3% led by gains in the real estate and transportation indices. Dlala Brokerage and Widam Food were the top gainers rising 3.3% and 3.2% respectively, while Ezdan Holding fell 5.6%. Regional indices were mixed with Dubai down 3.1% and Saudi Arabia down 0.2%, while Kuwait rose marginally. Company earnings news and updates on Qatar's real estate market stability and airlines moving to the new airport were also provided.
QNBFS Daily Market Report January 26, 2022QNB Group
The QE Index rose 0.2% to close at 12,548.5. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.3% and 0.3%, respectively.
The QE index in Qatar declined 1.0% led by losses in the Telecom and Real Estate indices. Top losers were United Development Co and Qatar Insurance Co falling 2.2% and 1.8% respectively. Regional markets were mixed with Dubai and Abu Dhabi rising while Saudi Arabia and Kuwait declined. FTSE may upgrade Qatar's status to emerging market from frontier due to improvements in settlement processes and foreign ownership limits.
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.
QNBFS Daily Market Report August 16, 2018QNB Group
The QSE Index declined 0.5% led by losses in the Real Estate and Telecom indices. Ezdan Holding Group and Masraf Al Rayan were the top losers, falling 6.4% and 2.0% respectively. Trading volume fell 19.3% compared to the previous day. Regionally, indices were mixed with Abu Dhabi up 1.2% while Dubai fell 0.8%. Company earnings news and global economic indicators were also included in the document.
The document provides an overview of stock market activity and economic indicators for Qatar and other GCC countries on September 16th. It notes that the QE index in Qatar declined 0.2% led by losses in the real estate and banking sectors. Top gainers included Medicare Group rising 3.5% while top losers were Dlala Brok. & Inv. Holding Co. falling 2.5%. Other GCC markets had mixed performance for the day. The document also provides commentary on recent economic data and forecasts for Qatar, including expectations for GDP growth of 6.5% in 2013 and 6.8% in 2014 driven by infrastructure investment ahead of the 2022 World Cup.
The QE index declined marginally to close at 9,067.6, led by losses in the Transportation and Real Estate indices. Doha Insurance Co. and Qatar Islamic Insurance were the top losers, while Islamic Holding Group rose 3.0% as one of the top gainers. Regional indices were mostly higher, with Saudi Arabia and Dubai rising 0.7% each. Qatari shareholders sold shares despite buying support from non-Qatari investors. Qatar may change its currency peg once its economy is less dependent on hydrocarbons and markets deepen.
QNBFS Daily Market Report January 26, 2021QNB Group
The QE Index in Qatar declined 0.3% led by losses in the Transportation and Telecoms indices. INMA Holding and Dlala Brokerage were the top losers falling 3.6% and 3.2% respectively. Al Khaleej Takaful Insurance rose 3.6% and Baladna rose 3%. Trading volume fell 15.9% compared to the previous day. In company news, QFLS announced its AGM will be held on March 8th, MERS will disclose annual results on February 23rd, and BRES will disclose annual results on February 8th. IHGS reported a 74.3% rise in annual net profit but a 42.1% quarterly
The QE index in Qatar rose 0.1% led by gains in the industrial and transportation sectors. Gulf International Services and Mannai Corp were the top gainers rising 4.1% and 2.4% respectively, while Qatar General Ins. & Rein. Co fell 1.6%. Regional indices were mixed with Dubai and Kuwait rising 1% and 0.7% respectively, while Bahrain declined 0.3%. Global PMI data was mixed with weakness in the US but strength in the Eurozone and China.
The QSE Index declined 0.9% led by losses in the Industrials and Insurance indices. Ahli Bank and Qatar Cinema & Film Distribution Co. were the top losers. The Saudi TASI index rose 0.3% while indexes in Dubai and Bahrain declined. Regional news included DHBK joining a QDB SME financing program, Qatar and UAE offering strong business environments, and Qatar Airways adding more flights to Manila.
The QSE Index gained 1.0% led by the Real Estate and Telecoms indices. Top gainers were Doha Insurance and Medicare Group. Regional markets were mixed with Saudi and Dubai rising while Abu Dhabi fell. Global economic data showed existing US home sales declined more than expected in August while UK house prices rose.
The QSE Index rose 0.3% led by gains in the Consumer Goods & Services and Insurance indices. National Leasing and Mazaya Qatar Real Estate Development were the top gainers rising 10.0% and 9.9% respectively. Regional indices were mixed with Saudi Arabia falling 0.5% while Kuwait gained 0.6%. Ezdan Holding Group plans to raise $2bn Sukuk to finance real estate mega projects.
The QE index in Qatar rose 0.6% led by gains in the telecom and transportation indices. Top gainers were Qatar General Insurance and Al Ahli Bank, rising 2.9% each. Volume traded declined 49.8% from the previous day. Regional indices were mixed with Dubai and Oman rising while Abu Dhabi fell.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
The daily market report provided an overview of market activity in Qatar, GCC countries, and global economic data. In Qatar, the QE Index rose 2.3% led by gains in banks and transportation stocks. Volume traded increased 120.9% from the previous day. QNB Group and Salam International were the top gainers while Ahli Bank fell the most. In other GCC countries, stock markets in Saudi Arabia, Dubai, and Abu Dhabi rose while Kuwait's market was closed. Earnings releases were provided for companies in Saudi Arabia, Dubai, and India. The earnings calendar listed upcoming earnings dates for Qatari companies.
The document discusses Heinzmann's engine and turbine management products and services including analogue and digital control systems for diesel, gas, and dual fuel engines as well as gas turbines. It provides an overview of their electronic fuel injection, common rail, gas engine management, and generator management systems. The document also mentions sensors, solenoids, configuration tools, and support services that Heinzmann offers.
Spudic Landscape Architects provides a full range of professional landscape architectural services including environmental assessment, site planning, urban development, park and recreation planning, and sustainable design. The company aims to create aesthetically rich, environmentally sound designs that balance objectives and suit clients' needs. Stunning designs result from balancing various elements in proportion, potentially creating a breathtaking magical backdrop consisting of greenery, ponds, and stone structures. Custom designs reflect each client's unique home, family, and lifestyle.
The QE index in Qatar rose 0.3% led by gains in the real estate and transportation indices. Dlala Brokerage and Widam Food were the top gainers rising 3.3% and 3.2% respectively, while Ezdan Holding fell 5.6%. Regional indices were mixed with Dubai down 3.1% and Saudi Arabia down 0.2%, while Kuwait rose marginally. Company earnings news and updates on Qatar's real estate market stability and airlines moving to the new airport were also provided.
QNBFS Daily Market Report January 26, 2022QNB Group
The QE Index rose 0.2% to close at 12,548.5. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.3% and 0.3%, respectively.
The QE index in Qatar declined 1.0% led by losses in the Telecom and Real Estate indices. Top losers were United Development Co and Qatar Insurance Co falling 2.2% and 1.8% respectively. Regional markets were mixed with Dubai and Abu Dhabi rising while Saudi Arabia and Kuwait declined. FTSE may upgrade Qatar's status to emerging market from frontier due to improvements in settlement processes and foreign ownership limits.
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.
QNBFS Daily Market Report August 16, 2018QNB Group
The QSE Index declined 0.5% led by losses in the Real Estate and Telecom indices. Ezdan Holding Group and Masraf Al Rayan were the top losers, falling 6.4% and 2.0% respectively. Trading volume fell 19.3% compared to the previous day. Regionally, indices were mixed with Abu Dhabi up 1.2% while Dubai fell 0.8%. Company earnings news and global economic indicators were also included in the document.
The document provides an overview of stock market activity and economic indicators for Qatar and other GCC countries on September 16th. It notes that the QE index in Qatar declined 0.2% led by losses in the real estate and banking sectors. Top gainers included Medicare Group rising 3.5% while top losers were Dlala Brok. & Inv. Holding Co. falling 2.5%. Other GCC markets had mixed performance for the day. The document also provides commentary on recent economic data and forecasts for Qatar, including expectations for GDP growth of 6.5% in 2013 and 6.8% in 2014 driven by infrastructure investment ahead of the 2022 World Cup.
The QE index declined marginally to close at 9,067.6, led by losses in the Transportation and Real Estate indices. Doha Insurance Co. and Qatar Islamic Insurance were the top losers, while Islamic Holding Group rose 3.0% as one of the top gainers. Regional indices were mostly higher, with Saudi Arabia and Dubai rising 0.7% each. Qatari shareholders sold shares despite buying support from non-Qatari investors. Qatar may change its currency peg once its economy is less dependent on hydrocarbons and markets deepen.
QNBFS Daily Market Report January 26, 2021QNB Group
The QE Index in Qatar declined 0.3% led by losses in the Transportation and Telecoms indices. INMA Holding and Dlala Brokerage were the top losers falling 3.6% and 3.2% respectively. Al Khaleej Takaful Insurance rose 3.6% and Baladna rose 3%. Trading volume fell 15.9% compared to the previous day. In company news, QFLS announced its AGM will be held on March 8th, MERS will disclose annual results on February 23rd, and BRES will disclose annual results on February 8th. IHGS reported a 74.3% rise in annual net profit but a 42.1% quarterly
The QE index in Qatar rose 0.1% led by gains in the industrial and transportation sectors. Gulf International Services and Mannai Corp were the top gainers rising 4.1% and 2.4% respectively, while Qatar General Ins. & Rein. Co fell 1.6%. Regional indices were mixed with Dubai and Kuwait rising 1% and 0.7% respectively, while Bahrain declined 0.3%. Global PMI data was mixed with weakness in the US but strength in the Eurozone and China.
The QSE Index declined 0.9% led by losses in the Industrials and Insurance indices. Ahli Bank and Qatar Cinema & Film Distribution Co. were the top losers. The Saudi TASI index rose 0.3% while indexes in Dubai and Bahrain declined. Regional news included DHBK joining a QDB SME financing program, Qatar and UAE offering strong business environments, and Qatar Airways adding more flights to Manila.
The QSE Index gained 1.0% led by the Real Estate and Telecoms indices. Top gainers were Doha Insurance and Medicare Group. Regional markets were mixed with Saudi and Dubai rising while Abu Dhabi fell. Global economic data showed existing US home sales declined more than expected in August while UK house prices rose.
The QSE Index rose 0.3% led by gains in the Consumer Goods & Services and Insurance indices. National Leasing and Mazaya Qatar Real Estate Development were the top gainers rising 10.0% and 9.9% respectively. Regional indices were mixed with Saudi Arabia falling 0.5% while Kuwait gained 0.6%. Ezdan Holding Group plans to raise $2bn Sukuk to finance real estate mega projects.
The QE index in Qatar rose 0.6% led by gains in the telecom and transportation indices. Top gainers were Qatar General Insurance and Al Ahli Bank, rising 2.9% each. Volume traded declined 49.8% from the previous day. Regional indices were mixed with Dubai and Oman rising while Abu Dhabi fell.
QNBFS Daily Market Report October 20, 2021QNB Group
The QE Index rose 0.2% to close at 11,767.5. Gains were led by the Consumer Goods & Services and Banks & Financial Services indices, gaining 0.4% each.
The daily market report provided an overview of market activity in Qatar, GCC countries, and global economic data. In Qatar, the QE Index rose 2.3% led by gains in banks and transportation stocks. Volume traded increased 120.9% from the previous day. QNB Group and Salam International were the top gainers while Ahli Bank fell the most. In other GCC countries, stock markets in Saudi Arabia, Dubai, and Abu Dhabi rose while Kuwait's market was closed. Earnings releases were provided for companies in Saudi Arabia, Dubai, and India. The earnings calendar listed upcoming earnings dates for Qatari companies.
The document discusses Heinzmann's engine and turbine management products and services including analogue and digital control systems for diesel, gas, and dual fuel engines as well as gas turbines. It provides an overview of their electronic fuel injection, common rail, gas engine management, and generator management systems. The document also mentions sensors, solenoids, configuration tools, and support services that Heinzmann offers.
Spudic Landscape Architects provides a full range of professional landscape architectural services including environmental assessment, site planning, urban development, park and recreation planning, and sustainable design. The company aims to create aesthetically rich, environmentally sound designs that balance objectives and suit clients' needs. Stunning designs result from balancing various elements in proportion, potentially creating a breathtaking magical backdrop consisting of greenery, ponds, and stone structures. Custom designs reflect each client's unique home, family, and lifestyle.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
CAMBIARE SI PUÒ ....... IO CI STO!
Presentazione realizzata per la conferenza nazionale "Express Yourself" 2015
Autori: M. Ballo, A. de Martino Rossaroll, S. Iervolino, I. Mazzicchi, A. Morghen e L. Pierro
(IB, LS “Mazzini” di Napoli, prof. L. Locci
Wayne Taylor has over 30 years of experience in waste management, cleaning services, and transportation industries. He has held various regional manager and operations management roles with companies such as Cleanevent Australia Pty Ltd, Veolia Environmental Services, and National Rail Corporation. Taylor has managed large scale events and venues including the Sydney 2000 Olympics and multiple Formula One Grand Prix. He possesses strong leadership, customer service, and project management skills.
O documento descreve um projeto para implementar um canal de comunicação entre as subprefeituras e os cidadãos utilizando ferramentas da Web 2.0. O projeto visa estimular o controle social da administração pública municipal e melhorar o atendimento às necessidades locais, permitindo que os cidadãos forneçam sugestões e recebam informações. O documento analisa o contexto atual da internet e das mídias sociais no Brasil e justifica a necessidade do projeto. Ele também apresenta uma análise SWOT e descreve os problemas atuais e
This document provides guidelines for structuring electronic invoices (eINVOICs) using EANCOM and GS1 standards across multiple European countries. It describes how to identify trade items and parties, structure prices and payments, and account for allowances and charges. The guidelines are divided into sections covering the message structure, a branching diagram, business term definitions, and segment layouts to map data elements to specific fields. The document aims to facilitate the exchange of invoicing data between business partners across Europe in a standard way.
Annual financial performance 2010 mcb bank limitedshamsherkhan
For the year ended December 31, 2010:
- Total assets of the bank rose 11% to Rs. 568B while profits rose 13% to Rs. 26B
- Net interest income increased 3% to Rs. 36.8B and non-interest income rose 12% to Rs. 6.4B
- Provisions decreased 51% to Rs. 3.6B while administrative expenses rose 10% to Rs. 15.5B
While sailing culture developed over thousands of years in the South Pacific, it is now mostly restricted to recreational use by urban elites. In Fiji, the drua was a highly advanced sailing vessel up to 118 feet long capable of carrying 150 warriors at speeds over 20 knots. Both drua and smaller camakau required great skill to build and sail. No full size drua have been built for over a century, though some restoration efforts have helped retain knowledge of their construction. Sailing declined with European boats and motors but small boat recreation remains popular.
This document provides an introduction to the MSK Clinical Information System (CIS) for pediatric residents. It describes how to log into CIS and search for patients. It explains how to view a patient's results, orders, medication administration record, and hand-off information. It provides guidance on entering new orders and updating a patient's hand-off details. The document also indicates how to link from CIS to the electronic medical record and pharmacy profile for additional patient information.
The APMC provides agricultural services and operates the main agricultural market in Amreli, India. It was established in 1952 and has since grown significantly, recently obtaining ISO 9001-2000 certification. The document discusses the APMC's history, operations, achievements, and financial details.
The document discusses various ways to stream and convert audio and video files using FFmpeg. It describes how FFmpeg can be used to convert files into different formats for web streaming, mobile devices, and iPods. It provides examples of FFmpeg commands to convert between formats like FLV, MOV, MP4, AVI, and MP3. It also discusses how FFmpeg can be used to generate thumbnails, split videos, and convert images to video.
1. Dokumen tersebut membahas tentang perjalanan karir seseorang bernama Abooain dalam bidang bisnis online dan produk MRR/PLR. Abooain mulai tertarik dengan bisnis online sejak tahun 1997 dan secara bertahap memperluas pengetahuan dan jaringannya.
2. Abooain menjelaskan bagaimana ia memilih nama pena 'Abu Ain' untuk bisnisnya, dan alasan di balik pemilihan produk MRR/PLR sebagai fokus bisnis
The QE index in Qatar rose 1.2% led by gains in the telecom and consumer goods indices. Regional markets were also mostly higher with Saudi Arabia up 0.8% and Dubai up 0.2%. Earnings news was reported from various companies such as Masraf Al Rayan in Qatar reporting a 13.3% rise in net profit.
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 QE index in Qatar declined 0.9% led by losses in the Transportation and Banking & Financial Services indices. Salam International Investment Co. and Medicare Group were the top losers falling 4.0% and 2.4% respectively. In other GCC markets, Dubai rose 2.6% while Abu Dhabi gained 1.8% and Saudi Arabia fell 0.3%. Global economic data showed weakening industrial production in Germany.
QNBFS Daily Market Report October 3, 2018QNB Group
The QSE Index rose 0.3% to close at 9,817.1 led by gains in the Industrials and Transportation indices. Ahli Bank and Gulf International Services were the top gainers rising 5.3% and 3.3% respectively, while Qatar Oman Investment Company fell 2.8%. Trading volume rose 12.3% compared to the previous day but was 20.8% lower than the 30-day moving average. In Qatar news, Al Khalij Commercial Bank plans to issue $500 million in bonds, Ahli Bank postponed its $500 million bond sale to Q1 2019, and Qatalum applied for listing on the QSE.
QNBFS Daily Market Report September 30, 2021QNB Group
The QE Index in Qatar rose 0.4% driven by gains in the transportation and telecom sectors. Zad Holding Company and Qatar Navigation were the top gainers rising 1.5% each. Regional indices were mixed with Saudi Arabia up marginally but Dubai and Abu Dhabi down. Qatar Petroleum signed a 15-year deal to supply China's CNOOC with LNG. The Qatar central bank governor said there is no immediate need for a retail digital currency in Qatar.
The document provides an intra-day market summary and commentary for the Qatar Stock Exchange and other GCC exchanges. It summarizes that the QSE index declined 0.3% led by losses in the insurance and telecom indices. Top losers were Qatar General Insurance and Dlala Brokerage. Top gainers included Ezdan Holding Group and Doha Insurance Co. Trading volume on the QSE rose 25.4% compared to the previous day. The document also provides brief summaries for other GCC exchanges in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain.
The QE index in Qatar declined 0.2% led by losses in the Telecom and Banking indices. Ooredoo and Qatar Islamic Bank were the top losers. Meanwhile, indices in other Gulf markets rose, with Dubai gaining 2.0% and Saudi Arabia up 0.7%. Regional market commentary provided updates on index movements and major gainers and losers in Qatar, Saudi Arabia, Dubai, Abu Dhabi, Kuwait, and Oman. Earnings releases and news items from Qatar and the region were also summarized.
The document provides an overview of stock market movements and news across Qatar and other GCC countries on September 1, 2015. It notes that the QSE Index declined 1.3% led by losses in the Telecom and Real Estate indices. Ooredoo and Islamic Holding Group were the top losers in Qatar, while Qatar Islamic Insurance Co. and Zad Holding Co. gained. Other GCC markets also declined, with Saudi Arabia down 1.1% and Dubai down 2.1%. The document also includes global economic data releases and highlights recent news items from Qatar, including upcoming completion of the first 2022 FIFA World Cup venue.
The QE index in Qatar declined 0.2% led by declines in the real estate and transportation indices. United Development Co. and Islamic Holding Group were the top losers falling 4.1% and 3.3% respectively, while Gulf International Services rose 3.5%. Regional indices in Saudi Arabia, Dubai, Abu Dhabi and Kuwait rose, while Oman's index gained 0.3%. News from Qatar included proposals to establish an investment fund with Kazakhstan and requests from Egypt to extend gas payment terms and prices.
The QE index in Qatar declined 0.2% led by losses in the insurance and real estate indices. Mesaieed Petrochemical Holding Co. and Qatar General Ins. & Reins. Co. were the top losers falling 9.0% and 2.5% respectively. Volume of shares traded rose 14.2% from the previous day but was lower than the 30-day average. Ashghal awarded QR12.6 billion in contracts to expand Qatar's road network, while Woqod announced a QR65 million investment to upgrade bitumen storage and distribution facilities in Mesaieed.
The QSE Index gained 0.7% led by the Real Estate and Industrials indices. Ezdan Holding Group and Commercial Bank of Qatar were the top gainers while Al Khalij Commercial Bank and Qatar Industrial Manufacturing Co. declined the most. Trading activity increased significantly compared to the previous day. The indexes for most other GCC countries moved marginally except for Saudi Arabia which declined 0.7%. News articles highlighted upcoming financial disclosures, Qatar's projected inflation rate, infrastructure projects, and blacklisting of companies for labor law violations.
The QSE Index declined slightly by 0.1% led by losses in the real estate and insurance indices. Qatar General Insurance and Ahli Bank were the top losers falling 8.3% and 6.0% respectively. Zad Holding gained 10.0% while Qatar Islamic Insurance rose 7.5%. Trading volume rose by 37.1% but was lower than the 30-day average. The document also provides summaries of index movements and major stock movers in other GCC markets as well as global economic data and earnings releases.
The QSE Index declined 0.2% led by losses in the Insurance and Transportation indices. Qatar General Insurance and Ahli Bank were the top losers falling 7.2% and 4.7% respectively, while Dlala' Brokerage rose 2.7% and Medicare Group rose 1.8%. Trading volume fell 47.7% compared to the previous day. Regional markets were mixed with Saudi and Oman rising while Kuwait and Bahrain fell. Earnings releases from regional companies showed revenue declines but some growth in net profits. News articles discussed plans to boost Qatar's cruise tourism industry and the view that Qatar's sovereign wealth fund and debt market access cushion the impact of lower oil prices on the economy.
The QE Index rose 0.8% to close at 10,584.2. Gains were led by the Insurance and Banks & Financial Services indices, gaining 2.9% and 1.1%, respectively.
The QE index in Qatar declined 0.3% led by losses in the Insurance and Telecom indices. Qatar General Insurance and Widam Food were the top losers falling 6.4% and 2.1% respectively. Trading volume declined 46.5% compared to the previous day. In other GCC markets, the indices in Saudi Arabia and Dubai fell slightly while Abu Dhabi and Kuwait rose marginally.
The QE index in Qatar declined 0.9% led by losses in the insurance and transportation indices. Islamic Holding Group and Qatar General Ins. & Rein. Co. were the top losers. Gulf Warehousing Co. and QNB Group were among the gainers. Regional indices also declined in Saudi Arabia, Dubai, Abu Dhabi, Kuwait, Oman and Bahrain. Real estate transactions in Qatar totaled QR467mn last week. Qatar Air expanded operations by introducing new routes to Scandinavia and Chengdu.
The QE index in Qatar rose 0.2% led by gains in the transportation and telecom sectors. Qatar Gas Transport Co. and Qatari Investors Group were the top gainers rising 3.8% and 2.6% respectively, while Qatar General Ins. & Rein. Co. fell 5.0%. Regional indices were mixed with Saudi Arabia and Kuwait rising while Dubai and Abu Dhabi fell.
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.
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.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
“Amidst Tempered Optimism” Main economic trends in May 2024 based on the results of the New Monthly Enterprises Survey, #NRES
On 12 June 2024 the Institute for Economic Research and Policy Consulting (IER) held an online event “Economic Trends from a Business Perspective (May 2024)”.
During the event, the results of the 25-th monthly survey of business executives “Ukrainian Business during the war”, which was conducted in May 2024, were presented.
The field stage of the 25-th wave lasted from May 20 to May 31, 2024. In May, 532 companies were surveyed.
The enterprise managers compared the work results in May 2024 with April, assessed the indicators at the time of the survey (May 2024), and gave forecasts for the next two, three, or six months, depending on the question. In certain issues (where indicated), the work results were compared with the pre-war period (before February 24, 2022).
✅ More survey results in the presentation.
✅ Video presentation: https://youtu.be/4ZvsSKd1MzE
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
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/
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
22 September Daily Market Report
1. Page 1 of 5
QE Intra-Day Movement
Qatar Commentary
The QE index declined 0.9% to close at 9,785.9. Losses were led by the
Telecoms and Industrials indices, declining 1.7% and 0.9% respectively. Top
losers were Gulf Warehousing Co. and Qatar Electricity & Water Co., falling
2.3% and 1.9% respectively. Among the top gainers, Zad Holding Co. rose
1.2%, while Al Khaleej Takaful Group gained 1.1%.
GCC Commentary
Saudi Arabia: The TASI index was closed on September 22, 2013.
Dubai: The DFM index gained 0.6% to close at 2,681.5. Gains were led by the
Banking and Insurance indices, rising 2.2% and 1.6% respectively. Mashreq
Bank surged 15.0%, while Agility gained 14.5%.
Abu Dhabi: The ADX benchmark index fell 0.1% to close at 3,809.0. The
Consumer index declined 4.3%, while the Telecommunication index was up
0.4%. Agthia Group fell 6.3%, while Union National Bank was down 2.5%.
Kuwait: The KSE index declined marginally to close at 7,845.9. Losses were
led by the Oil & Gas and Telecommunication indices, falling 3.5% and 1.8%
respectively. National Petroleum Services Co. declined 8.3%, while Union Real
Estate Co. was down 7.9%.
Oman: The MSM index fell 0.3% to close at 6,581.5. The Banking &
Investment index declined 0.7%, while the Industrial index was down 0.3%.
Oman Education Training Inv. fell 5.3%, while Al Batinah Dev. Inv. Holding
was down 3.2%.
Bahrain: The BHB index declined 0.3% to close at 1,195.1. The Industrial
index fell 3.5%, while the Commercial Banking index was down 0.1%.
Aluminum Bahrain declined 3.5%, while National Bank of Bahrain fell 1.6%.
Qatar Exchange Top Gainers Close* 1D% Vol. ‘000 YTD%
Zad Holding Co. 66.00 1.2 8.5 12.2
Al Khaleej Takaful Group 40.45 1.1 7.5 10.3
Qatari Investors Group 29.90 0.7 166.2 30.0
Mannai Corp 84.00 0.6 0.2 3.7
Qatar Islamic Insurance 57.30 0.5 7.7 (7.6)
Qatar Exchange Top Vol. Trades Close* 1D% Vol. ‘000 YTD%
United Development Co. 21.95 (1.1) 730.0 23.3
Qatar Gas Transport Co. 19.75 (0.8) 251.4 29.4
Industries Qatar 152.20 (0.9) 219.6 7.9
Masraf Al Rayan 29.50 (0.7) 215.4 19.0
Medicare Group 49.80 (0.4) 192.3 39.5
Source: Bloomberg (* in QR)
Market Indicators 22 Sep 13 19 Sep 13 %Chg.
Value Traded (QR mn) 157.4 319.2 (50.7)
Exch. Market Cap. (QR mn) 533,091.8 537,350.8 (0.8)
Volume (mn) 3.1 6.5 (51.9)
Number of Transactions 2,454 3,736 (34.3)
Companies Traded 39 39 0.0
Market Breadth 8:27 26:8 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 13,981.80 (0.9) (0.9) 23.6 N/A
All Share Index 2,460.91 (0.8) (0.8) 22.2 13.0
Banks 2,396.60 (0.6) (0.6) 22.9 12.7
Industrials 3,080.49 (0.9) (0.9) 17.3 11.3
Transportation 1,813.05 (0.9) (0.9) 35.3 12.4
Real Estate 1,782.89 (0.8) (0.8) 10.6 13.4
Insurance 2,250.36 (0.1) (0.1) 14.6 9.3
Telecoms 1,467.09 (1.7) (1.7) 37.8 15.5
Consumer 5,906.15 (0.3) (0.3) 26.5 24.3
Al Rayan Islamic Index 2,797.38 (0.5) (0.5) 12.4 14.4
GCC Top Gainers##
Exchange Close#
1D% Vol. ‘000 YTD%
Dana Gas Abu Dhabi 0.63 6.8 112,605.4 40.0
Deyaar Development Dubai 0.70 5.7 311,651.1 99.1
Kuwait Projects Co. Kuwait 0.56 3.7 303.6 50.8
Mabanee Co. Kuwait 1.12 1.8 363.1 4.4
ALAFCO Kuwait 0.29 1.8 64.3 (19.7)
GCC Top Losers##
Exchange Close#
1D% Vol. ‘000 YTD%
Nat. Mobile Tel. Co. Kuwait 1.92 (4.0) 2.6 (17.9)
Aluminum Bahrain Bahrain 0.55 (3.5) 153.9 26.2
Union National Bank Abu Dhabi 5.02 (2.5) 180.0 73.7
Gulf Warehousing Co. Qatar 40.50 (2.3) 2.6 20.9
Ajman Bank Dubai 1.93 (2.0) 606.2 35.9
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 Losers Close* 1D% Vol. ‘000 YTD%
Gulf Warehousing Co. 40.50 (2.3) 2.6 20.9
Qatar Electricity & Water Co. 156.90 (1.9) 30.2 18.5
Ooredoo 142.20 (1.9) 91.5 36.7
Qatar General Ins. & Reins. Co. 51.40 (1.7) 0.2 11.7
Commercial Bank of Qatar 68.50 (1.2) 127.3 (3.4)
Qatar Exchange Top Val. Trades Close* 1D% Val. ‘000 YTD%
Industries Qatar 152.20 (0.9) 33,402.5 7.9
United Development Co. 21.95 (1.1) 16,069.0 23.3
QNB Group 173.40 (0.7) 13,422.2 32.5
Ooredoo 142.20 (1.9) 13,001.1 36.7
Qatar Islamic Bank 68.50 (0.7) 11,719.9 (8.7)
Source: Bloomberg (* in QR)
Regional Indices Close 1D% WTD% MTD% YTD%
Exch. Val. Traded
($ mn)
Exchange Mkt.
Cap. ($ mn)
P/E** P/B**
Dividend
Yield
Qatar* 9,785.90 (0.9) (0.9) 1.7 17.1 43.23 146,440.3 12.3 1.7 4.7
Dubai 2,681.47 0.6 0.6 6.3 65.3 207.96 65,918.8 15.6 1.1 3.3
Abu Dhabi 3,809.03 (0.1) (0.1) 2.0 44.8 178.63 109,363.9 10.8 1.4 4.7
Saudi Arabia#
8,024.71 N/A N/A 3.3 18.0 N/A N/A 16.8 2.1 3.6
Kuwait 7,845.88 (0.0) (0.0) 2.8 32.2 198.88 110,950.9 18.4 1.2 3.6
Oman 6,581.46 (0.3) (0.3) (1.6) 14.2 10.61 28,569.7 10.8 1.6 3.9
Bahrain 1,195.07 (0.3) (0.3) 0.6 12.1 1.28 21,868.3 8.4 0.9 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) (
#
Closed on Sep. 22, 2013)
9,700
9,750
9,800
9,850
9,900
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00
2. Page 2 of 5
Qatar Market Commentary
The QE index declined 0.9% to close at 9,785.9. The Telecoms
and Industrials indices led the losses. The index declined on the
back of selling pressure from non-Qatari shareholders despite
buying support from Qatari shareholders.
Gulf Warehousing Co. and Qatar Electricity & Water Co. were
the top losers, falling 2.3% and 1.9% respectively. Among the
top gainers, Zad Holding Co. rose 1.2%, while Al Khaleej Takaful
Group gained 1.1%.
Volume of shares traded on Sunday fell by 51.9% to 3.1mn from
6.5mn on Thursday. Further, as compared to the 30-day moving
average of 8.7mn, volume for the day was 64.1% lower. United
Development Co. and Qatar Gas Transport Co. were the most
active stocks, contributing 23.5% and 8.1% to the total volume
respectively.
Source: Qatar Exchange (* as a % of traded value)
News
Qatar
QNB Group and UDCD sign 10-year loan agreement – The
United Development Company (UDCD) has signed a 10-year
loan facility agreement worth QR1.5bn with QNB Group. The
loan facility has been granted for the purpose of financing
UDCD’s purchase of the remaining residential units at Qanat
Quartier in the Pearl-Qatar Island. (AME Info)
QNFSP seeks partner for agro-industrial park – The Qatar
National Food Security Program (QNFSP) is looking for a
private-public partnership to develop a massive agro-industrial
park in Qatar. The project, which QNFSP plans to build as a
designated area for country’s food processing industry, will be
located at a strategic area to take advantage of Qatar’s fast
expanding transport infrastructure. (Peninsula Qatar)
DHBK to benefit from Qatar’s contract financing growth –
Doha Bank’s (DHBK) CEO Dr. R. Seetharaman said the bank is
well placed to benefit from Qatar’s steadily growing contract
financing market that saw the loan book value reach QR19bn in
June 2013. Further, Seetharaman said that the bank intends to
continue its targeted international expansion strategy in Saudi
Arabia and India. DHBK plans to further develop its regional
branch network in the UAE and Kuwait, and position itself at the
center of the infrastructure growth among the GCC economies.
(Gulf-Times.com)
Qatar to provide 9% of rooms to Gulf region’s hospitality
sector – According to Al Asmakh Real Estate Development
Company (AREDC), Qatar’s hospitality sector, which is slated to
see more than two dozens of luxury hotels, ought to contribute
9% of total future supply of keys within the Gulf region.
Estimating that about 29 new luxury hotels are planned within
Doha and adjoining areas of Al Rayyan, Umm Salal, and Al
Wakrah, AREDC said these hotels are likely to deliver around
8,300 new rooms, which is 58% of the existing rooms in the
luxury segment. Qatar secured third place among the GCC
countries in terms of future rooms supply. ARDEC found that
Qatar’s hospitality market would be stable with the average daily
rate across all segments standing at $235 and the revenue per
available room at $150. (Gulf-Times.com)
Credit Suisse, Qatar JV to start foreign operations –
Aventicum Capital Management, the JV of Credit Suisse Group
and Qatar Holding, is reportedly planning to begin international
operations by the end of the year. The international business will
begin after starting its first fund in July and will be based outside
the Middle East. (Bloomberg)
Foreign workers sent QR37bn back home in 2012 –
According to a report released by the Qatar Central Bank
(QCB), outward remittances by foreign workers through
exchange houses in Qatar totaled QR37bn in 2012 from
QR36.8bn in 2011. The report showed that exchange houses
had a lion’s share (75%) of the total outward remittances from
Qatar, while local banks accounted for the rest. A bulk of the
outward remittance (66%) by foreign workers was made to
Asian countries in 2012 as compared to 63% in 2011. While
remittance to the GCC countries dropped marginally in 2012,
while it increased by about 2% to the MENA region (outside
GCC). (Gulf-Times.com)
QNB Group to disclose its 3Q2013 financial results on
October 8 – QNB Group (QNBK) will disclose its 3Q2013
financial results on October 08, 2013. (QE)
IHGS to disclose its 3Q2013 results on October 9 – The
Islamic Holding Group (IHGS) will disclose the financial results
for 3Q2013 on October 9, 2013. (QE)
UDCD to disclose its 3Q2013 financials on October 10 – The
United Development Company (UDCD) will disclose the
financial results for its third quarter 2013 on October 10, 2013.
(QE)
International
Greece resumes talks with its creditors – Greece resumed
talks with its creditors to review progress of the financial
stabilization process of the indebted country. In order to get the
next aid, Greece must finalize plans for various reforms such as
the restructuring of three defense-related industries; complete
furloughs of around 12,500 civil servants by the end of
September; pay back state debt to two state-owned water
companies that will be privatized later. Talks with the European
Commission, the European Central Bank and the IMF (the
lender troika) will continue throughout next week and are
expected to resume again in mid-October. (Economic Times)
China’s flash September HSBC PMI hits six-month high of
51.2 – Growth in China's manufacturing sector accelerated to a
six-month high in September, as stronger domestic and foreign
demand added to recent signs of a tentative turnaround in the
Chinese economy. The flash HSBC Purchasing Managers'
Index (PMI) climbed to 51.2 this month over a reading of 50.1 in
August. Notably, new export orders jumped to a ten-month peak
of 50.8, up sharply from 47.2 in August. (Reuters)
Overall Activity Buy %* Sell %* Net (QR)
Qatari 63.50% 49.48% 22,074,462.53
Non-Qatari 36.50% 50.52% (22,074,462.53)
3. Page 3 of 5
Regional
GCC to discuss single fuel price – Oil ministers of the GCC
region countries are expected to discuss steps taken toward
finalizing a single price for the region’s petroleum products
during the 32nd Petroleum Cooperation Committee meeting to
be held in Riyadh next Tuesday. Further, oil ministers will
discuss other issues concerning the joint efforts of the GCC
states in the oil sector as well as the results of their meetings
with various economic partners in other countries and economic
groups. (Bloomberg)
IDB not to raise funds through US dollar sukuk in 2013 –
The Islamic Development Bank’s (IDB) President Dr. Ahmad
Muhamed Ali said the IDB will not approach international
markets to raise funds through a US dollar sukuk issuance again
in 2013, although it may still issue sukuk through private
placement. The IDB issued its last sukuk offering in May 2013,
which was a 5-year $1bn Sukuk Al Wakalah. Muhamed Ali also
said that the IDB sukuk strategy going forward is to go to market
every year with one major international issuance.
(GulfBase.com)
SPA: Private investments in Saudi ports reach SR5.5bn –
According to a report released by the Sea Ports Authority (SPA),
the volume of private sector investment in Saudi sea ports
reached SR5.5bn, while revenues exceeded SR3bn annually.
The report also mentioned that the SPA recently signed about
30 contracts with private sector firms on container, general
cargo and bulk grain terminals, as well as frozen goods, ship
repair services, and re-export zones. (GulfBase.com)
SAGIA cancels licenses of 62 foreign companies – The
Saudi Arabian General Investment Authority (SAGIA) has
canceled investment licenses of 62 foreign companies operating
in the Kingdom, as well as prevented them from amending or
transferring ownership of municipal registers or sponsorship.
SAGIA did not rule out canceling other licenses in future under
the comprehensive revision of the foreign investment market
being carried out by the authority. (GulfBase.com)
DMCC becomes UAE's largest free zone – The Dubai Multi
Commodities Centre (DMCC) Executive Chairman Ahmed Bin
Sulayem said the center is now the largest free zone in the UAE
with over 7,330 active registrations. He added that DMCC is
also the UAE's fastest growing free zone with an average of 200
companies choosing to join it every month and a 94% retention
rate. Further, Sulayem said that the center is on its way to
achieve the target of 10,000 companies by 2015, at which point
it anticipates to be at almost full capacity. In terms of
demographics, one third of DMCC member companies are from
South Asia, a third from the Middle East, and a third are from
Western Europe and North America. (GulfBase.com)
Abu Dhabi-based Senaat hires HSBC, JPMorgan for share
sale – According to sources, Abu Dhabi holding group Senaat
has hired HSBC Holdings and JPMorgan Chase & Company for
a share sale. Senaat has appointed the banks as joint book
runners for an IPO in 2013. (Bloomberg)
Dubai Financial Market Chief Essa Kazim appointed as DIFC
governor – The Dubai Financial Market CEO Essa Kazim has
been appointed as the governor of the Dubai International
Financial Centre (DIFC). Starting on January 1, Essa Kazim will
replace Abdullah Saleh as the governor of the Emirate’s
financial free zone. (Bloomberg)
Emirates SkyCargo’s phase one terminal in DWC ready by
December 2013 – Dubai World Central (DWC) has stated that
the construction of Emirates SkyCargo's new terminal at DWC's
Al Maktoum International Airport is progressing as scheduled,
with the phase one of the terminal on track for completion in
December 2013. Upon completion of the first phase, the
terminal will be equipped to handle 700,000 tons of cargo and
can be expanded by an additional 300,000 tons in the second
phase. (AME Info)
DMCC plans to build One JLT Tower – The Dubai Multi
Commodities Centre is planning to build “One JLT”, a glass-box
style building in the heart of the DMCC Free Zone. One JLT
tower is said to be a key part of the free zone's strategy to cater
to the demand of large regional and multinational companies.
(AME Info)
Al Habtoor to announce its biggest project – Dubai-based Al
Habtoor Group is set to announce its biggest project to date in
the coming weeks. Al Habtoor Group’s Chairman Khalaf Ahmad
Al Habtoor said the group will hold a press conference over the
coming weeks to unveil the project. (GulfBase.com)
Emaar to start sale of Palma villas in Arabian Ranches –
Dubai-based Emaar Properties is set to open the online
registration for “Palma” villas on September 25, 2013. Sales will
be held in Dubai and Abu Dhabi on September 28. Palma will
feature 121 villas with Spanish architecture. (Bloomberg)
NPS Energy seeks $700mn in sell-off – Dubai-based oil
services firm NPS Energy has reportedly placed itself for sale,
hoping to fetch up to $700mn after a deal to be bought by Aker
Solutions fell apart last year. Norway's oil services company
Aker had agreed to buy NPS Energy for about $460mn in May
2012, including $110mn in debt, but the deal collapsed in
November after the two parties failed to reach a final agreement.
(Bloomberg)
New station on Dubai Metro’s Red Line starts this month –
Dubai’s Roads & Transport Authority (RTA) announced its plan
to operate a new metro station named “Energy” on the Red Line
of Dubai Metro. The Energy station will be opened on
September 30, 2013 with around 2,500 passengers expected to
be benefiting from using the station on a daily basis. (AME Info)
Gulf Navigation’s board recommends sale of oil
supertanker – Dubai-based Gulf Navigation’s board has
recommended selling the company’s very large crude carrier
(VLCC). The board is also seeks shareholders’ approval for its
business plans, capital increase and an increase in shareholding
limit for foreign investors. (WSJ)
DLA-E awards $550mn fuel supply contract to Supreme
Group – Dubai-based Supreme Group has won a contract for
fuel supply and storage for the Defense Logistics Agency–
Energy (DLA-E). The two-year contract valued at around
$550mn is for the delivery of jet fuel, diesel and motor gasoline
to ten US Forward Operating Bases (FOBs) and one Defense
Fuel Supply Point in Afghanistan. The contract is expected to
commence on October 1, 2013. (AME Info)
Real Madrid scraps $1bn UAE soccer resort plan – Spanish
soccer club, Real Madrid has canceled its planned project to
build a $1bn soccer resort in the UAE after the project’s
organizer defaulted on payments and did not provide
guarantees. Luxembourg-based RAK Marjan Island Football is
the project organizer. (Bloomberg)
Oman to award OMR60.3mn project tenders – Oman is set to
award tenders worth OMR60.3mn for several infrastructure
projects in the shipping, housing and telecommunication
sectors. The major ones include: construction of Sinaw-Mahut-
A'Duqm (Part II), infrastructure works at Harmoul Marina at
Sohar Industrial Port and consultancy services for constructing
4. Page 4 of 5
500 housing units with internal roads in the Wilayat of A'Suwaiq
in the Governorate of North Al Batinah. (GulfBase.com)
Galfar plans to increase capital through right issue – Oman-
based Galfar Engineering & Contracting has announced plans to
increase its capital to $13.8mn through a rights issue. The issue
will offer 49.5mn shares to shareholders at 0.28 rials per share.
The rights issue to offer 1.5 rights for every 10 shares held, will
be closing on September 26. Oman Arab Bank is the financial
advisor and issue manager, while Oman Arab Bank and the
National Bank of Oman are the collecting banks.
(GulfBase.com)
5. 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,
QNBFS does not make any representations or warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. QNBFS reserves the
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Page 5 of 5
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg (* Closed on Sep. 22, 2013)
Source: Bloomberg Source: Bloomberg
80.0
90.0
100.0
110.0
120.0
130.0
140.0
150.0
Jan-10 Aug-10 Mar-11 Oct-11 May-12 Dec-12 Jul-13
QE Index S&PPan Arab S&P GCC
0.0%
(0.9%)
(0.0%)
(0.3%) (0.3%)
(0.1%)
0.6%
(1.2%)
(0.8%)
(0.4%)
0.0%
0.4%
0.8%
SaudiArabia*
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D% WTD% YTD%
Gold/Ounce 1,326.05 0.0 0.0 (20.8) DJ Industrial 15,451.09 0.0 0.0 17.9
Silver/Ounce 21.78 0.0 0.0 (28.2) S&P 500 1,709.91 0.0 0.0 19.9
Crude Oil (Brent)/Barrel (FM
Future)
109.22 0.0 0.0 (1.7) NASDAQ 100 3,774.73 0.0 0.0 25.0
Natural Gas (Henry
Hub)/MMBtu
3.68 0.0 0.0 7.4 STOXX 600 314.20 0.0 0.0 12.3
North American Spot LPG
Propane Price
109.88 0.0 0.0 22.1 DAX 8,675.73 0.0 0.0 14.0
North American Spot LPG
Normal Butane Price
134.75 0.0 0.0 (23.7) FTSE 100 6,596.43 0.0 0.0 11.8
Euro 1.35 0.0 0.0 2.5 CAC 40 4,203.66 0.0 0.0 15.5
Yen 99.36 0.0 0.0 14.5 Nikkei 14,742.42 0.0 0.0 41.8
GBP 1.60 0.0 0.0 (1.5) MSCI EM 1,013.17 0.0 0.0 (4.0)
CHF 1.10 0.0 0.0 0.5 SHANGHAI SE Composite 2,191.85 0.0 0.0 (3.4)
AUD 0.94 0.0 0.0 (9.6) HANG SENG 23,502.51 0.0 0.0 3.7
USD Index 80.43 0.0 0.0 0.8 BSE SENSEX 20,263.71 0.0 0.0 4.3
RUB 31.81 0.0 0.0 4.2 Bovespa 54,110.03 0.0 0.0 (11.2)
BRL 0.45 0.0 0.0 (7.4) RTS 1,462.92 0.0 0.0 (4.2)
140.6
126.1
114.3