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Article: Investors keep eye on corporate results.
- Article from:
- Arab News (Jeddah, Saudi Arabia)
- Article date:
- July 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Khalil Hanware
JEDDAH/AMMAN: Saudi shares were volatile last week as the financial sector was negatively affected by hardships facing certain Saudi family businesses, mainly Saad Group and Ahmad Hamad Al-Gosaibi & Brothers Co. (AHAB).
The Tadawul All-Share Index (TASI) shed 0.2 percent last week, closing at 5,599.38 points. TASI is currently 16.6 percent higher than the year's start, according to the Riyadh-based Bakheet Investment Group's (BIG) weekly report.
The report expected the Saudi exchange to respond to the quarterly results of listed firms, particularly banks and the Saudi Arabian Basic Industries Corp. (SABIC). SABIC shares ...
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Article: Abu Dhabi Government Publishes Long Term Vision for ...
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January 7, 2009 ;
700+ words
...Abu Dhabi, Jan.7th,2009/WAM/--Under the guidance ... Nahyan, President of the UAB and Ruler of Abu Dhabi, and His Highness Sheikh Mohamed bin Zayed AI N ahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAB Armed ...
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