Research

July 13, 2008

Market & Company News

Stock Symbol

Emirates Bonds
EK-2013

Date

13/7/2008

Event

It has been announced that the semi-annual coupon rate applicable on Emirates Bonds EK-2013 for the interest period 11/7/2008 to 10/1/2009 (inclusive) is 3.05 p.a.

Comment

-

border

Stock Symbol

DFM

Date

13/7/2008

Event

Dubai Financial Market announces first half net profit of AED 560 million, an increase of 100% compared to AED 280 million in net profit from operational activities and investments for the same period in 2007

Comment

-

border

Stock Symbol

NBF

Date

13/7/2008

Event

BOD will meet on 30/7/2008 to review the interim Results of the Bank for the six month in 2008

Comment

-

border

Stock Symbol

Methaq

Date

13/7/2008

Event

The company recorded net profit AED 1,496,336 in the first half of 2008

Comment

-

border

Stock Symbol

Julphar

Date

13/7/2008

Event

The company CEO resigned on 11/7/2008

Comment

-

border

Stock Symbol

NBAD

Date

13/7/2008

Event

The Bank will issue a convertible bonds that will offer through a private placement limited to the Bank Employees

Comment

-

border