0540 GMT - Strong earnings reports and positive NEWS from companies listed in the United Arab Emirates and Qatar may lift their bourses on Tuesday, while Saudi Arabian telecommunications firms could come under pressure after missing analyst forecasts. Abu Dhabi Islamic Bank, the largest sharia-compliant lender in the emirate, met analysts' expectations as it posted a 20.4 percent rise in first-quarter net profit after trading closed on Monday. In Qatar, Gulf International Services reported a 39 percent year-on-year jump in net profit to 188.6 million riyals ($51. ...
04-23-2014, 09:40 PM
STOCKS NEWS MIDEAST-Earnings may lift UAE, Qatar; Saudi telecom earnings weak
العرض الشجري