Research

February 9, 2009

Market & Company News

DFM: Suspend trading on ARTC shares starting from 12:00 PM as its BOD meeting is being held & trading will resume once results are disclosed.

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Stock Symbol

RAK Bank

Date

8/2/2009

Event

BOD meeting

Comment

BOD met & discussed:
- The Financial Results for the year ends 31/12/2008.
- The proposal of distributing 30% bonus shares & 5% cash dividend

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Stock Symbol

CIB

Date

10/2/2009

Event

BOD meeting

Comment

BOD will discuss the fourth quarter Financial Results for 2008

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Stock Symbol

Al Wathba National Insurance Co.

Date

8/2/2009

Event

BOD meeting

Comment

BOD met & discussed:
- The Financial Results for the year ends 31/12/2008.
- The proposal of distributing 10% cash dividend

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Stock Symbol

CBI

Date

11/2/2009

Event

BOD meeting

Comment

BOD will discuss
- The Budget of 2009.
- Restructuring BOD Committees.
- Other administrative subjects

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Stock Symbol

Shuaa Capital

Date

1/3/2009

Event

AGM invitation

Comment

-

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Stock Symbol

Takaful House

Date

10/2/2009

Event

BOD meeting

Comment

BOD will discuss:
- The drafted Financial Results for the year ends 31/12/2008.
- Investment Proposals

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Stock Symbol

DU

Date

9/2/2009

Event

BOD announced full year 2008 results recording net profit of AED 8 MM up from a net loss of AED 885 MM in 2007

Comment

-

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Stock Symbol

Al Buhaira National Insurance Co.

Date

4/3/2009

Event

AGM

Comment

BOD met today and proposed to distribute 30% cash dividend.

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