AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.
The FTSE NASDAQ Dubai UAE 20 Index closed at 1405.29 today, down 0.31%, from the previous close. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. It has been designed as a hedging and investment mechanism for GCC and international investors. Shares of global port operator DP World and Depa Limited, the interior design giant from Dubai, closed flat at $10.60 and $0.445, respectively. Earlier in the Day Depa said in a statement posted on the NASDAQ Dubai website that its backlog jumps to record high of Dhs3.9bn. Depa added it has won a Dhs929m contract – Depa's largest contract ever signed – for the complete fit-out of the 27 lounges at Doha's new international airport. Lindner Depa, the Company's joint-venture, which specialises in infrastructure projects, will undertake the one year contract with immediate effect.