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Qatar Navigation raises 2014 dividend as Q4 profit jumps 32.8pc DUBAI: Qatar Navigation (Milaha) raised its 2014 dividend and its fourth-quarter net profit jumped 32.8 percent, Reuter’s calculations showed on Wednesday.It made a net profit of 228.2 million riyals ($62.7 million) in the three months ending Dec. 31, up from 171.8 million riyals a year-ago, according to Reuters calculations based on financial statements and Thomson Reuters data.In a filing with Qatar's bourse, Milaha said it recorded a net profit for 2014 of 1.05 billion riyals for 2014, up from 950 million riyals in the previous year.The firm added in its statement that it would pay a cash dividend for 2014 of 5.5 riyals per share. This is higher than the 5 riyals per share payout for 2013, according to Thomson Reuter’s data.Copyright Reuters, 2015 ...

Gulf markets inch up after US Federal report DUBAI: Most Gulf stock markets were neutral to positive in early trade on Wednesday after the US Federal Reserve indicated it would not rush into raising interest rates and oil prices firmed slightly.Brent crude edged up 0.4 percent to $58.92 per barrel by 0645 GMT.The Fed is preparing to consider interest rate hikes "on a meeting-by-meeting basis", its Chair Janet Yellen told a congressional committee on Tuesday.That approach could open the door to an interest ...
South African stocks hit new record, charts suggest overbought JOHANNESBURG: South African stocks put in slight gains on Tuesday after earlier hitting life highs, with charts suggesting short-term gains may be capped by technical factors.Among advancers, Johannesburg shares of global mining giant BHP Billiton added 4.3 percent despite posting a 31 percent slide in half-year profit as investors focused on more positive trends.These included better-than-expected results in iron ore, the company's biggest earner, and in the aluminium, manganese and nickel businesses that the company ...
Gulf markets mixed; Abu Dhabi Ship Building surges DUBAI: Gulf stock markets were mixed in early trade on Tuesday as volatile oil prices provided no clear cues for investors in the absence of strong domestic catalysts.Brent crude gave up early gains and edged down 0.6 percent to $58.53 per barrel by 0620 GMT.Dubai's index slipped 0.1 percent amid a mixed performance by local stocks. Most gainers were small-caps such as Gulf Finance House, up 1.3 percent, which on Monday reported a swing to ...
South African stocks hit record high, Adcock in spotlight JOHANNESBURG: South Africa's main stock indices notched up record highs on Monday, with Adcock Ingram in the spotlight after receiving a $515 million takeover offer.Adcock surged 4.4 percent to 52.42 rand after Bidvest offered 6 billion rand, or 52 rand per share, for the shares it doesn't already own in the struggling drugmaker.But one analyst said the bid, offered at 3.6 premium to Friday's closing share price, looked opportunistic given Adcock potential growth prospects."Considering the ...
Gulf markets cautiously positive after oil steadies DUBAI: Most Gulf stock markets were neutral to positive in early trade on Sunday after supportive global and domestic news. Brent crude oil steadied just above $60 a barrel on Friday as expectations of falling US rig count numbers outweighed concerns about oversupply. Equity markets around the world surged to record highs on the same day on the news of the long-awaited Greek debt accord and positive economic data from Europe and the United States ...
Kenyan blue chips snap nine-day winning steak, shilling flat NAIROBI: Kenya's main index snapped a nine-day winning streak on Friday, hurt by profit taking on blue-chip stocks including Kenya Power and East African Breweries (EABL).The shilling was flat.Kenya's stock market has been in a bull run for more than two years, and the benchmark NSE-20 Share Index rose to a six-year peak on Thursday.Kenya Power, the country's sole electricity supplier, lost 3.1 percent to close at 17.05. However, its shares are still up about ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln