The QSE Index rose 1.0% to close at 10,789.4

1. Page 1 of 6
QSE Intra-Day Movement
Qatar Commentary
The QSE Index rose 1.0% to close at 10,789.4. Gains were led by the Insurance and
Industrials indices, gaining 2.0% and 1.8%, respectively. Top gainers were Industries
Qatar and Doha Insurance Co., rising 3.9% and 3.8%, respectively. Among the top losers,
Dlala Brokerage & Investments Holding Co. fell 1.0%, while Al Khaleej Takaful Group was
down 0.9%.
GCC Commentary
Saudi Arabia: The TASI Index rose 0.7% to close at 6,289.5. Gains were led by the
Telecommunication & IT and Petrochemical Ind. indices, rising 1.8% and 1.5%,
respectively. Nat. Industrialization rose 6.3%, while Amana Coop. Ins. was up 4.4%.
Dubai: The DFM Index gained 1.1% to close at 3,511.2. The Industrial index rose 14.9%,
while the Consumer Staples index gained 1.8%. National Cement Company rose 14.9%,
while Marka was up 8.0%.
Abu Dhabi: The ADX benchmark index rose 0.4% to close at 4,546.2. The Consumer
Staples index gained 4.2%, while the Energy index rose 1.8%. Methaq Takaful
Insurance Co. gained 8.0%, while Abu Dhabi National Insurance Co. was up 5.6%.
Kuwait: The KSE Index rose 0.6% to close at 5,491.5. The Industrial index gained 1.4%,
while the Oil & Gas index rose 1.3%. Manazel Holding gained 8.3%, while Human Soft
Holding Co. was up 7.1%.
Oman: The MSM Index rose 0.1% to close at 5,874.5. Gains were led by the Financial
and Industrial indices, rising 0.4% and 0.3%, respectively. Al Hassan Engineering rose
4.0%, while Al Batinah Dev. Inv. Holding was up 3.3%.
Bahrain: The BHB Index gained marginally to close at 1,157.1. The Hotel & Tourism
index rose 0.5%, while the Commercial Banks index gained 0.3%. Al Salam Bank -
Bahrain rose 1.1%, while Al-Ahli United Bank was up 0.8%.
QSE Top Gainers Close* 1D% Vol. ‘000 YTD%
Industries Qatar 110.00 3.9 386.9 (1.0)
Doha Insurance Co. 22.00 3.8 11.8 4.8
Qatar Gen. Ins. & Reinsurance Co. 47.30 2.8 10.7 1.8
Qatar Islamic Bank 112.70 2.5 164.1 5.6
Vodafone Qatar 11.67 2.4 1,340.5 (8.1)
QSE Top Volume Trades Close* 1D% Vol. ‘000 YTD%
Vodafone Qatar 11.67 2.4 1,340.5 (8.1)
Ezdan Holding Group 19.70 0.1 603.6 23.9
Mesaieed Petrochemical Holding Co. 19.25 0.9 565.1 (0.8)
Masraf Al Rayan 37.00 0.1 517.4 (1.6)
Ooredoo 95.70 1.2 392.0 27.6
Market Indicators 07 Aug 16 04 Aug 16 %Chg.
Value Traded (QR mn) 274.0 179.5 52.7
Exch. Market Cap. (QR mn) 578,148.5 572,359.1 1.0
Volume (mn) 6.7 4.0 67.8
Number of Transactions 4,283 3,026 41.5
Companies Traded 41 39 5.1
Market Breadth 33:5 24:10 –
Market Indices Close 1D% WTD% YTD% TTM P/E
Total Return 17,456.58 1.0 1.0 7.7 15.0
All Share Index 2,976.83 0.9 0.9 7.2 14.3
Banks 2,927.14 0.5 0.5 4.3 12.4
Industrials 3,262.68 1.8 1.8 2.4 15.5
Transportation 2,584.32 1.4 1.4 6.3 12.5
Real Estate 2,713.35 0.3 0.3 16.3 23.8
Insurance 4,329.76 2.0 2.0 7.3 11.5
Telecoms 1,195.33 1.4 1.4 21.2 18.2
Consumer 6,573.97 0.4 0.4 9.6 13.5
Al Rayan Islamic Index 4,137.83 1.1 1.1 7.3 17.9
GCC Top Gainers## Exchange Close# 1D% Vol. ‘000 YTD%
National Industrialization Saudi Arabia 13.34 6.3 1,813.2 25.7
Abu Dhabi Nat. Insurance Abu Dhabi 1.90 5.6 637.8 (34.0)
United Real Estate Co. Kuwait 0.10 4.0 4.8 9.5
Nama Chemicals Co. Saudi Arabia 6.24 4.0 2,642.5 (12.6)
Aviation Lease & Finance Kuwait 0.21 4.0 597.3 0.0
GCC Top Losers## Exchange Close# 1D% Vol. ‘000 YTD%
Saudi Res. & Marketing Saudi Arabia 36.75 (2.4) 130.7 (36.4)
Jazeera Airways Co. Kuwait 0.85 (2.3) 1.3 (5.6)
Al Ahli Bank of Kuwait Kuwait 0.32 (1.6) 100.0 (16.0)
Bank of Sharjah Abu Dhabi 1.28 (1.5) 50.0 (16.9)
Saudi Printing & Packaging Saudi Arabia 17.92 (1.4) 249.7 (31.8)
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)
QSE Top Losers Close* 1D% Vol. ‘000 YTD%
Dlala Brokerage & Inv. Holding Co. 25.45 (1.0) 64.5 37.6
Al Khaleej Takaful Group 24.02 (0.9) 3.3 (21.2)
Qatar Industrial Manufact. Co. 44.90 (0.2) 3.7 12.7
Commercial Bank 39.35 (0.1) 92.6 (14.3)
Qatar Oman Investment Co. 11.14 (0.1) 35.8 (9.4)
QSE Top Value Trades Close* 1D% Val. ‘000 YTD%
Industries Qatar 110.00 3.9 42,352.6 (1.0)
Ooredoo 95.70 1.2 37,433.6 27.6
Masraf Al Rayan 37.00 0.1 19,067.9 (1.6)
Qatar Islamic Bank 112.70 2.5 18,307.5 5.6
QNB Group 155.00 0.0 16,430.3 6.3
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* 10,789.43 1.0 1.0 1.7 3.5 75.26 158,817.4 15.0 1.6 3.8
Dubai 3,511.24 1.1 1.1 0.8 11.4 79.65 92,603.6 12.2 1.3 4.3
Abu Dhabi 4,546.16 0.4 0.4 (0.6) 5.5 21.88 121,842.5 12.2 1.5 5.4
Saudi Arabia 6,289.51 0.7 0.7 (0.2) (9.0) 666.18 387,131.0 14.8 1.5 3.9
Kuwait 5,491.54 0.6 0.6 0.7 (2.2) 15.19 80,302.5 19.0 1.0 4.3
Oman 5,874.53 0.1 0.1 0.5 8.7 4.32 23,277.3 10.3 1.2 5.0
Bahrain 1,157.08 0.0 0.0 0.1 (4.8) 1.65 17,914.3 9.7 0.4 4.7
Source: Bloomberg, Qatar Stock Exchange, Tadawul, Muscat Securities Exchange, Dubai Financial Market and Zawya (** TTM; * Value traded ($ mn) do not include special trades, if any)
10,650
10,700
10,750
10,800
10,850
10,900
9:30 10:00 10:30 11:00 11:30 12:00 12:30 13:00

2. Page 2 of 6
Qatar Market Commentary
 The QSE Index rose 1.0% to close at 10,789.4. The Insurance and Industrials
indices led the gains. The index rose on the back of buying support from
non-Qatari and GCC shareholders despite selling pressure from Qatari
shareholders.
 Industries Qatar and Doha Insurance Co. were the top gainers, rising 3.9%
and 3.8%, respectively. Among the top losers, Dlala Brokerage &
Investments Holding Co. fell 1.0%, while Al Khaleej Takaful Group was
down 0.9%.
 Volume of shares traded on Sunday rose by 67.8% to 6.7mn from 4.0mn on
Thursday. Further, as compared to the 30-day moving average of 4.9mn,
volume for the day was 35.8% higher. Vodafone Qatar and Ezdan Holding
Group were the most active stocks, contributing 20.0% and 9.0% to the
total volume, respectively.
Source: Qatar Stock Exchange (* as a % of traded value)
Ratings, Earnings Releases and Earnings Calendar
Ratings Updates
Company Agency Market Type* Old Rating New Rating Rating Change Outlook Outlook Change
Buruj Cooperative Insurance Co. Moody’s Saudi Arabia IFSR – Baa2 – Stable –
Source: News reports (* LT – Long Term, ST – Short Term, IFSR- Insurance Financial Strength Rating, FCR – Foreign Currency Rating, LCR – Local Currency Rating, IDR – Issuer Default Rating, LC – Local Currency)
Earnings Releases
Company Market Currency
Revenue (mn)
2Q2016
% Change
YoY
Operating Profit
(mn) 2Q2016
% Change
YoY
Net Profit
(mn) 2Q2016
% Change
YoY
Arabian Scandinavian Insurance Co. Dubai AED – – – – 2.0 -80.3%
Al Baraka Banking Group Bahrain USD – – – – 43.6 -2.8%
Bahrain Kuwait Insurance Co. Bahrain BHD 3.1 -0.4% 0.6 -35.4% 1.3 17.3%
Gulf Hotels Group Bahrain BHD – – – – 6.7 131.8%
TRAFCO Group Bahrain BHD 10.6 -4.2% 0.7 3.7% 0.3 -40.5%
Source: Company data, DFM, ADX, MSM
Earnings Calendar
Tickers Company Name Date of reporting 2Q2016 results No. of days remaining Status
DOHI Doha Insurance 8-Aug-16 0 Due
MPHC Mesaieed Petrochemical Holding Company 9-Aug-16 1 Due
MERS Al Meera Consumer Goods Company 9-Aug-16 1 Due
QISI Qatar Islamic Insurance 10-Aug-16 2 Due
MCCS Mannai Corp. 10-Aug-16 2 Due
DBIS Dlala Brokerage & Investment Holding Company 10-Aug-16 2 Due
MCGS Medicare Group 10-Aug-16 2 Due
SIIS Salam International Investment 11-Aug-16 3 Due
WDAM Widam Food Company 11-Aug-16 3 Due
QGMD Qatar German Company for Medical Devices 14-Aug-16 6 Due
ZHCD Zad Holding Company 14-Aug-16 6 Due
Source: QSE
Overall Activity Buy %* Sell %* Net (QR)
Qatari Individuals 32.53% 41.07% (23,410,493.06)
Qatari Institutions 31.28% 32.70% (3,878,962.20)
Qatari 63.81% 73.77% (27,289,455.26)
GCC Individuals 2.39% 2.09% 827,327.73
GCC Institutions 12.10% 4.09% 21,948,717.87
GCC 14.49% 6.18% 22,776,045.60
Non-Qatari Individuals 8.14% 12.03% (10,665,486.50)
Non-Qatari Institutions 13.55% 8.01% 15,178,896.16
Non-Qatari 21.69% 20.04% 4,513,409.66

3. Page 3 of 6
News
Qatar
 Qatar push to attract foreign investors – HE the Minister of
Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed
al-Thani said Qatar hopes to increase the role of foreign direct
investment (FDI) as "one of the main drivers of economic
development" over the medium and long-term. Stating that Qatar
is focusing on bringing about “continued improvement” to its soft
and hard infrastructure, Sheikh Ahmed said that the promising
projects will take place in the special economic zones as well as
within the new private-public partnership (PPP) framework.
These projects are likely to provide attractive opportunities for
foreign investors. (Gulf-Times.com)
 MDPS: Rayyan registers highest number of building permits in July
– The Ministry of Development Planning and Statistics (MDPS)
figures revealed that the Rayyan Municipality that includes
Sheehaniya, registered the highest number of building permits
(103) issued in July. The ministry said this represents 28% of the
total permits issued in Qatar last month. The Doha Municipality
came second with 84 permits (23%), followed by Al Wakrah with
66 permits (18%) and Al Da’ayen with 48 permits (13%). The
building permits issued by other municipalities in July were: Al
Khor 38 (10%), Umm Salal 25 (7%) and Al Shamal five (1%). In
terms of type of permits issued, data indicates that the new
building permits (residential and non-residential) constituted
62% (230 permits) of the total building permits issued in July.
MDPS said, “additions permits” constituted 35% (129) and fencing
permits 3% (10). An analysis of the new residential building
permits showed that permits of villas topped the list and
accounted for 62% (126 permits) of all new residential building
permits. Ten permits for apartment buildings were also issued last
month. On the other hand, 11 permits for commercial buildings
were issued in July and comprised 41% of the total, followed by
“industrial” buildings such as workshops and factories – nine
permits (33%), mosques – four (15%) and government buildings –
three (11%). (Gulf-Times.com)
 QA tops global airline ranking – Qatar Airways (QA) has topped a
global ranking of international airlines for providing travelers
worldwide with the highest quality & service, on-time
performance, and customer claim processing. The national airline
achieved the number-one spot in a global study conducted by an
independent airline consumer rights organization — Air Help,
which compares international airlines head-to-head. (Gulf-
Times.com)
 Kahramaa receives Sharjah electricity authority delegation – Qatar
General Electricity & Water Corporation (Kahramaa), represented
by the Conservation and Energy Efficiency (CN) Department,
recently received a delegation from Sharjah Electricity & Water
Authority on a Gulf tour, to exchange experience related to energy
& water conservation and efficient utilization of precious
resources. The department presented a lecture on Qatar's
successful experiments through the National Program of
Conservation and Energy Efficiency (Tarsheed), especially in
terms of application of Conservation Law No 20 of 2015 regarding
electricity and water consumption. The lecture included
information on the successful awareness campaigns as well as
laws on tariffs, electrical devices, conserving building practices
and renewable energy as part of Tarsheed projects and initiatives
launched by Kahramaa in 2012 under the patronage of the Emir
His Highness Sheikh Tamim bin Hamad al Thani. The delegation
praised Kahramaa's efforts through Tarsheed and its role in
disseminating the culture, techniques and regulations of electricity
& water conservation, in addition to encouraging renewable
energy technology. (Qatar-Tribune)
 First theme park resort expected to open in 2017 – According to
Aqua Park Qatar’s General Manager Mohamed Firdaus Raj, Salwa
Resort and Spa, the first hotel, resort and spa in Qatar attached to a
theme park, is expected to open in 2017. The new hotel, which is
located near the Aqua Park Water Park, will boost the tourist
inflow in the country. Raj said, “Ninety percent of the hotel is
complete and interior work is set to start. It will have its soft
opening by first or second quarter next year.” The hotel will
provide a number of accommodation options – apart from more
than 70 rooms, it will also provide nine villas at the property.
(Peninsula Qatar)
 QIBK offers online travel takaful plan to customers – Qatar Islamic
Bank (QIBK) has introduced an online instant purchase facility for
the Travel Takaful plan, underwritten by Damaan Islamic
Insurance Company (Beema) and distributed by QIBK. With the
new service, QIBK’s customers can conveniently purchase a Travel
Takaful plan through the bank’s website, www.qib.com.qa using
their debit or credit card instantly, at any time, from the comfort of
their home or office. (Peninsula Qatar)
 Quality Group to launch new mall – Quality Group International has
signed a contract with Global Real Estate Company, Doha, owned
by Sheikh Ahmed bin Mohammed bin Saud Al Abdurrahman Al
Thani, to launch a new 160,000 square feet shopping mall in
Wakrah City. The mall will have a full-fledged supermarket and
department store spread over two floors, with ample parking
space. The mall will also have eateries, pharmacy, money
exchange, laundry and other facilities. Work on the project is
expected to be completed by the middle of 2017. (Peninsula Qatar)
 TechSci Research: Qatar earthmoving gear market to grow at 5%
CAGR – According to a report by TechSci Research, Qatar’s
booming construction and mining industries as well as upcoming
major sports events will drive the country’s earthmoving
equipment market to grow at a CAGR of over 5% during 2016 -
2021. The report titled "Qatar Earthmoving Equipment Market By
Type, Competition Forecast & Opportunities, 2011-2021" revealed
that some of the other major factors such as increasing expatriate
population and upcoming mega sports events such as 2022 FIFA
World Cup and IAAF World Athletics Championship 2019 are
expected to add to the demand for earthmoving equipment in
Qatar over the next five years. (Bloomberg)
International
 Visa: UK consumer spending picks up in July, bucking signs of
slowdown – According to a survey from card company Visa, British
consumer spending picked up in July, when they voted to leave the
European Union. Based on Visa credit and debit card usage data,
consumer spending rose 1.6% YoY in July, up from June's 0.9%
increase and the biggest rise in three months. Seasonally-adjusted
spending increased by 1.1%, the strongest MoM gain since
January, reversing a 0.5% decline in June. (Reuters)
 PBoC: China's July forex reserves fall to $3.20tn – The People's Bank
of China (PBoC) said that the country’s foreign exchange reserves
fell to $3.20tn in July, in line with analyst expectations. Economists
polled by Reuters had predicted reserves would fall to $3.20tn
from $3.21tn at the end of June. China's reserves fell by $4.10bn in
July. The reserves rose $13.4bn in June, rebounding from a 5-year
low in May. China's gold reserves rose to $78.89bn at the end of
July, up from $77.43bn at end-June. Net foreign exchange sales by
the PBoC in June jumped to their highest in three months, as the
central bank sought to shield the yuan from market volatility
caused by Britain's decision to leave the European Union.
(Reuters)
 China's July exports, imports fall more than expected – China's
exports and imports fell more than expected in July in a rocky start

4. Page 4 of 6
to 3Q2016, suggesting global demand remains weak in the
aftermath of Britain's decision to leave the EU. The General
Administration of Customs said exports fell 4.4% YoY, while
adding that it expects pressure on exports is likely to ease at the
beginning of 4Q2016. Imports fell 12.5% YoY, the biggest decline
since February, suggesting domestic demand remains sluggish
despite a flurry of measures to stimulate growth. That resulted in a
trade surplus of $52.31bn in July, versus a $47.6bn forecast and
June's $48.11bn. (Reuters)
Regional
 SABIC to raise local purchases to SR1.19bn – Saudi Basic Industries
Corp.’s (SABIC) has announced raising its local purchases to
SR1.19bn and hiking rates of locally manufactured materials to
72%, as part of the company’s 2025 strategy. The initiative aims to
nationalize its material by over SR270bn. Saudi Chambers of
Commerce & Industry Chairman Abdul Rahman bin Abdullah Al-
Zamil said that SABIC’s step would have a positive impact on the
national economy and would promote competition in the market.
(Bloomberg)
 CEO: Aramco withdraws from refinery project in Vietnam – Saudi
Aramco CEO Amin Nasser said Aramco has withdrawn from the
refinery and petrochemical project in Vietnam. The company took
this step based on comprehensive studies. The mega power Thai
company, which was Aramco’s partner in the refinery project, said
that the withdrawal was a big loss and the non-inclusion of a
Vietnamese party in the deal was the reason behind the
unsuccessful partnership. Nasser added that the company had a
number of plans for global projects in China, Malaysia, India and
Vietnam. (Bloomberg)
 Nama Chemicals appoints financial advisor to manage rights issue –
Nama Chemicals Company has appointed Aljazira Capital as the
financial advisor to manage the offering rights issue. Nama
Chemicals Company’s BoD has recommended increasing the
company’s capital through rights issue at a value of SR400mn. The
company aims to finance the production of new specialty
chemicals related to its products through the capital raise.
(Tadawul)
 SABB BoD recommends distribution of interim cash dividend for
1H2016 – The Saudi British Bank’s (SABB) BoD has recommended
the distribution of SR0.35 (per share) interim cash dividend to its
shareholders for 1H2016. The total distribution amount will be
SR525mn. (Tadawul)
 Al Zaabi: UAE free zones play major role in country’s economy –
Trade Promotion & Investment Department Director Mohammed
Nasser Al Zaabi said the UAE free zones have played a major role
in the country’s economy. Many of them are regarded among the
best in the world as per international reports due to their high
efficiency and global economic and investment impact. Al Zaabi
emphasized that the free zones represent some of the ministry’s
most important strategic partners. (GulfBase.com)
 Sharjah hotels see 7% increase in revenues in 1H2016 – According
to Sharjah Commerce & Tourism Development Authority, Hotels
across Sharjah saw a 7% increase in their revenues to reach
AED378mn during 1H2016. The hotel occupancy rate reached
62% in 1H2016. The emirate received 878,000 visitors in 1H2016,
of which 219,200 were from the GCC, among them 109,800 from
Oman and 80,240 from Saudi Arabia. Europe ranked third for hotel
guests staying in Sharjah, which welcomed around 180,700
tourists in 1H2016. (Bloomberg)
 IEC: Retail, hospitality in UAE would boost global printing industry
– International Expo Consults (IEC), which is part of Falak Holding,
stated that investments in theme parks, infrastructure and retail in
the UAE would further boost the billion-dollar global printing
industry. This sector is expected to grow exponentially across the
MENA region due to investments by governments in various
sectors, especially infrastructure. The total printing revenues are
forecasted to grow 7.2% per annum reaching $26bn by 2018.
(Bloomberg)
 TURN8 forms new venture capital fund – Dubai-based TURN8 has
launched a $60mn venture capital fund for technology innovation.
TURN8 Innovation Fund makes the company one of the largest
providers of seed capital in the region catering to the global start-
up ecosystem. (Bloomberg)
 EIBank’s net profit jumps 19.4% YoY in 2Q2016 – Emirates
Investment Bank (EIBank) reported a net profit of AED7.88mn in
2Q2016 as compared to AED6.60mn in 2Q2015, representing an
increase of 19.4% YoY. Operating income for 1H2016 was
AED63.67mn as compared to AED64.06mn in 1H2015,
representing a decrease of 0.6% YoY. (DFM)
 Dubai airport’s traffic reduced in June due to Ramadan – Passenger
traffic via the Dubai International Airport, the world’s busiest
international hub, dropped 1% YoY to 5.86mn people in June
because of the holy month of Ramadan. Many days of Ramadan,
which normally reduces business travel in the region, overlapped
with June 2016. However, passenger traffic rose 5.8% to 40.51mn
visitors in 1H2016. (Bloomberg)
 ACCA: UAE business confidence rebounds from 4-year low in
2Q2016 – According to a recent survey by Association of Chartered
Certified Accountants (ACCA), Business confidence in the UAE
rebounded in 2Q2016 from four-year low in 1Q2016. The
improvement in business confidence was underpinned by the high
oil prices in 2Q2016, although prices still remain well below their
highs of a few years ago. (Bloomberg)
 Al Mazaya raises stake in Turkish firm to 90% – Al Mazaya Holding
has increased its stake in a Turkish company to 90% from 40%
amounting to KD7.7mn. The Turkish firm has become a subsidiary
to Al Mazaya following this deal, which will be paid in cash and in
kind. (Bloomberg)
 Mezzan Holding’s Qatar revenue up 14.2% in 1H2016 – Mezzan
Holding KSC, one of the largest manufacturers and distributors of
food, beverage, FMCG and pharmaceutical products in the GCC
region, including Qatar, has reported KD52.8mn revenue for
2Q2016, representing a 2.4% YoY increase, thus bringing its YTD
revenue to KD108.5mn, representing a 3.9% increase on the same
period in 2015. In Qatar, the company’s 1H2016 revenue grew by
14.2% with the Water and Catering businesses both posting
double digit growth. (Peninsula Qatar)
 Oman’s inflation under control despite fuel price deregulation –
Oman’s inflation is well under control, despite the deregulation of
prices of petroleum products earlier in 2016. The country’s
inflation rate, calculated based on the change in the consumer
price index (CPI), edged up by 1.1% YoY in May 2016. However,
the average growth in inflation for the first five months of 2016
was at 0.6% YoY. (GulfBase.com)
 Oxy’s global output buoyed by Oman’s Block 62 in 2Q2016 –
International oil & gas exploration and production firm Occidental
Petroleum Corporation (Oxy) has credited rising hydrocarbon
output from Block 62 in North Oman to an uptick in its
international production during 2Q2016. A ramp-up in output
from Block 62 also known as Habiba Block, coupled with a record
production from its Al Hosn operations in Abu Dhabi (UAE),
helped lift Oxy’s international production by 24,000 barrels of oil
equivalent (BOE) per day in 2Q2016. (GulfBase.com)
 Omantel suspends negotiations to sell Worldcall stake – Majority
state-owned Oman Telecommunications Company’s (Omantel)
BoD has decided to suspend negotiations to sell its stake in
Pakistan-based Worldcall Telecom Limited. (GulfBase.com)

5. Page 5 of 6
 PASFR: Average price of basic commodities rose 13% in 2Q2016 –
According to data collected by the Public Authority for Stores and
Food Reserve (PASFR), average price of some basic commodities
continued to rise during 2Q2016. It increased by 13% as compared
to 1Q2016, following the slump in world prices during 1Q2016.
The FAO average price index stood at 169 points during 2H2016;
an increase of 8% as compared to 1Q2016. The index includes
prices for the basic commodity group, including sugar, which
surged 21%, while the vegetable oil and meat prices rose by 9%
and 3%, respectively. However, dairy products prices fell by 6%.
(GulfBase.com)
 KHCB reports BHD1.37mn net profit in 2Q2016 – Khaleeji
Commercial Bank (KHCB) reported a net profit of BHD1.37mn in
2Q2016 as compared to BHD2.45mn in 2Q2015. KHCB’s total
assets stood at BHD663.36mn at the end of June 30, 2016 as
compared to BHD653.98mn at the end of December 31, 2015.
Financing assets stood at BHD350.64mn as compared to
BHD318.71mn at the end of December 31, 2015. EPS amounted to
BHD1.38 in 2Q2016 as compared to BHD2.55 in 2Q2015. (BHB)

6. Contacts
Saugata Sarkar Shahan Keushgerian Zaid al-Nafoosi, CMT, CFTe
Head of Research Senior Research Analyst Senior Research Analyst
Tel: (+974) 4476 6534 Tel: (+974) 4476 6509 Tel: (+974) 4476 6535
saugata.sarkar@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa zaid.alnafoosi@qnbfs.com.qa
QNB Financial Services Co. WLL One Person Company
Contact Center: (+974) 4476 6666
PO Box 24025
Doha, Qatar
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Page 6 of 6
Rebased Performance Daily Index Performance
Source: Bloomberg Source: Bloomberg
Source: Bloomberg Source: Bloomberg (*$ adjusted returns)
80.0
100.0
120.0
140.0
160.0
180.0
Jul-12 Jul-13 Jul-14 Jul-15 Jul-16
QSEIndex S&PPan Arab S&PGCC
0.7%
1.0%
0.6%
0.0% 0.1%
0.4%
1.1%
0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
SaudiArabia
Qatar
Kuwait
Bahrain
Oman
AbuDhabi
Dubai
Asset/Currency Performance Close ($) 1D% WTD% YTD% Global Indices Performance Close 1D%* WTD%* YTD%*
Gold/Ounce 1,335.55 (1.9) (1.1) 25.8 MSCI World Index 1,716.65 0.5 (0.3) 3.2
Silver/Ounce 19.71 (3.2) (3.1) 42.2 DJ Industrial 18,543.53 1.0 0.6 6.4
Crude Oil (Brent)/Barrel (FM Future) 44.27 (0.0) 4.3 18.8 S&P 500 2,182.87 0.9 0.4 6.8
Crude Oil (WTI)/Barrel (FM Future) 41.80 (0.3) 0.5 12.9 NASDAQ 100 5,221.12 1.1 1.1 4.3
Natural Gas (Henry Hub)/MMBtu 2.85 (1.4) (3.3) 23.1 STOXX 600 341.38 0.6 (0.8) (4.8)
LPG Propane (Arab Gulf)/Ton 43.38 1.8 0.9 13.0 DAX 10,367.21 0.9 (0.3) (1.9)
LPG Butane (Arab Gulf)/Ton 52.38 1.9 6.1 (5.0) FTSE 100 6,793.47 0.5 (0.1) (3.4)
Euro 1.11 (0.4) (0.8) 2.1 CAC 40 4,410.55 1.0 (1.3) (2.9)
Yen 101.82 0.6 (0.2) (15.3) Nikkei 16,254.45 (0.6) (1.3) 1.2
GBP 1.31 (0.3) (1.2) (11.3) MSCI EM 885.52 1.1 1.4 11.5
CHF 1.02 (0.7) (1.2) 2.2 SHANGHAI SE Composite 2,976.70 (0.4) (0.3) (18.0)
AUD 0.76 (0.1) 0.3 4.6 HANG SENG 22,146.09 1.5 1.2 1.0
USD Index 96.19 0.5 0.7 (2.5) BSE SENSEX 28,078.35 1.2 0.0 6.5
RUB 65.47 (0.3) (0.7) (9.7) Bovespa 57,661.14 0.9 2.4 65.1
BRL 0.32 0.9 2.7 25.1 RTS 935.46 0.9 0.9 23.6
131.5
98.4
98.3