Browse
related articles
Dubai market rebounds on strong financials
- United Arab Emirates: Wednesday, January 16 - 2013 at 16:02
The DFM General Index ended up 0.40% at 1,741.31 points Wednesday. Banks soared ahead of U. S. lenders JPMorgan, Goldman Sach's earnings release. The shares of the UAE's first lender Emirates NBD jumped 6.43% to reach Dhs3.31, followed by Commercial Bank of Dubai (up 4.81% at Dhs3.05). Emaar added 0.25%, finishing at Dhs4.08. Earlier in the day, Emaar said in reaction to media reports that Amlak, an Islamic home financing firmin which Emaar has a share, was re-structering Dhs7bn worth of debt that Emaar was not part of any of the ongoing discussions between Amlak and the creditor banks.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistWednesday, January 16 - 2013 at 16:02 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
