Research

February 11, 2009

Market & Company News

DFM: Suspend trading on DNIR shares starting from 11:00 AM as its BOD meeting is being held & trading will resume once results are disclosed.

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Stock Symbol

AirArabia

Date

15/2/2009

Event

BOD meeting

Comment

BOD will discuss the following:
- The Financial Results for the year ends 31/12/2008.
- The date of the AGM

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Stock Symbol

Al Dharfrah Insurance Company

Date

17/3/2009

Event

AGM

Comment

AGM will discuses discussed the following:
- The proposal of distributing 50% as cash dividend.
- The date of the AGM

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Stock Symbol

UNB

Date

10/2/2009

Event

The company declared it end of year Financial results achieving AED1.4 billion as net profit compared with AED 1.1 billion in 2007

Comment

BOD proposes to distribute 10% cash dividend in addition to 10% Bonus shares.

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Stock Symbol

TAQA

Date

11/2/2009

Event

The company announced 2008 Financial Results recording AED 1.9 billion as profit, also revenue grew to AED 16.8 billion from AED 8.3 billion in 2007

Comment

-

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