Dubai Gold & Commodity Exchange
The Dubai Gold & Commodity Exchange (DGCX) reported record transactions in January 2008, reflecting strong regional and global activity in commodities and gold.
The total value of contacts traded on the DGCX rose 130% to US$4.3 billion in January 2008. Trading volumes surged 95%.
The DGCX offers contracts in gold, silver and currencies and more recently added the Rupee and steel rebar contracts to its products. It is the leader for the growing demand for commodity and currency derivitives in the Middle East region....read more
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Dubai Mercantile Exchange
The Dubai Mercantile Exchange Limited (DME) announced that it will launch two new financially settled contracts for Brent and Oman crude oil in the very near future, subject to obtaining regulatory approvals. This follows the successful launch of the Exchange’s benchmark Oman Crude Oil Futures Contract last year amid record volumes and open interest in January. ....read more
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Fyler Appears on Reuters Television
Tom Fyler, Managing Director of Middle East Invest, LLC was one of several experts interviewed by Reuters Television in a special report: "The Middle East: Life Beyond Oil."
Archived Reports
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Middle East Markets Outperform in 2007
Middle East stock markets in 2007 recorded outstanding returns, well above the U.S. and other securities exchanges around the world.
The best performing stock market in the Middle East was the Muscat Securities Market with a 61% appreciation. Close behind were the Abu Dhabi Securities Market and the Cairo & Alexandria Stock Exchanges both rising 51%.
The performances of other Middle East markets as well were impressive: Dubai 43%, Istanbul 41%, Tadawul (Saudi Arabia) 40%, Amman (Jordan) 36%, Doha (Qatar) 34%, Casablanca 33%, Lebanon 26%, Bahrain 24% and Kuwait 24%.
The only Middle East market that underperformed in 2007 was the Palestine Securities Exchange with a 12% depreciation.
The Dow Jones DIFC Arabia Titans 50 Index, a 50-stock index of the largest Arab stocks, appreciated 42% in 2007.
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Why Didn't I Invest In...?
Kuwait Food Company/Americana Group's stock has appreciated in 2007 256% year-to-date (September 9, 2007). The company has a market capitalization of 3.8 billion USD.
For more than 40 years, Americana Group has been an innovative pioneer in the food industry across the Arab world. What started out as a small trading company based in Kuwait in 1964, has now become the region's most successful restaurant, food processing, distribution, and retail Company. Americana's world-leading brands like KFC, Hardee's, Americana Meat, Farm Frites and many others have driven the Company's growth. Today, Americana has reached $1 Billion in annual sales, more than 800 restaurants, 15 factories and on the ground management resources in 15 markets across the Middle East region.
The above information has been derived from sources believed but not guaranteed to be accurate.
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Middle East Investment Services
Middle East Invest, LLC counsels investors in the management of stocks, bonds and mutual funds in the Middle East region. We follow and analyze over 700 listed companies and mutual funds across 12 Arab securities markets. As Middle East countries' economies continue to develop, diversify and privatize, the prospects for capital and securities investments will continue to emerge and mature. We bring to investors the experience that provides access to the securities markets of countries in the Gulf and Middle East region.
For more information on stocks on the Middle East securities markets, email Contact Middle East Invest
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| Middle East Securities Markets |
| Exchange |
Last
Close |
Percent
Change |
Percent
YTD |
|
| Abu Dhabi |
2,573.02 |
-3.57 |
-.00 |
| Amman |
2,525.62 |
-2.24 |
-.00 |
| Bahrain |
1,438.32 |
-.30 |
-.00 |
| Cairo & Alexandria |
6,173.61 |
+34.31 |
-.00 |
| Casablanca |
10,971.66 |
-8.40 |
-.00 |
| Doha |
6,598.17 |
-8.27 |
-.00 |
| Dubai |
1,831.48 |
-12.50 |
-.00 |
| Istanbul |
27,832.93 |
-2.33 |
-.00 |
| Kuwait |
6,933.70 |
-9.71 |
-.00 |
| Lebanese |
1,471.95 |
+3.04 |
-.00 |
| Muscat |
6,357.23 |
+8.74 |
-.00 |
| Palestinian |
490.35 |
-12.63 |
-.00 |
| Tadawul |
6,355.82 |
+.83 |
-.00 |
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| Last Changed 1 December 2009 |
| Disclaimer |
Markets Information |
| Dow Jones Middle East Indexes |
| Exchange |
Last
Close |
Percent
Change |
Percent
YTD |
|
| DIFC Arabia Titans |
308.62 |
-.16 |
-38.97 |
| DJ Bahrain Index |
160.32 |
-.91 |
-31.44 |
| CASE Egypt Titans 50 |
784.48 |
-.37 |
-57.81 |
| Kuwait Composite |
255.39 |
-2.24 |
-40.06 |
| Turkey Titans 20 |
296.50 |
+.85 |
-58.33 |
| Islamic Titans 100 |
144.23 |
-1.64 |
-39.93 |
| Islamic U.S. Titans 50 |
2,329.23 |
+1.15 |
-10.14 |
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| Last Changed 23 January 2008 |
| Disclaimer |
Index Information |
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These headlines and news stories illustrate the progress of Middle East countries and the region as a diversified global force in business and finance.
OCI Awarded Airport Projects
Dubai Traffic Greater Than Cairo
World Bank MENA Outlook
Qatar Financial Centre
Prince Alwaleed To Sell Partial Stake
Qatar Airways in MoU for 80 A350s
ICE Offers MidEast Sour Crude Futures
GCC Monetary Union: IMF Report
Dubai Government to Use DME Oil Price
Iraq Purchases Wheat
Iraq, WTO Begins Discussions
Dana Gas Expands to Egypt
GCC Gold Demand +6.1% 1Q07
Commodity Markets Report: World Bank
OCI Expands Cement Business in Region
Tom Fyler Appears on Reuters Television
Middle East: Private Equity Center
Haliburton Moves HQ To Dubai
UNB '07 Net Profit 16%
Moroc Telecom '07 Net Profit 19%
Qtel '07 Net Profit 14%
QNB '07 Net Profit 25%
Orascom Telecom 2007 Results
Kuwait Projects Co Record '07 Profit
Kuwait Finance House '07 Net Profit 70%
Batelco '07 Net Profit 14%
Shell Oman Marketing '07 Net Profit 23%
Bank Muscat 2007 Net Profit +39%
Emaar 2007 Net Profit +3%
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