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MENA equity markets remain almost flat for the first month of 2010

MENA equity markets remain almost flat for the fi...

- Al Bawaba
Feb 9, 2010
MENA equity markets remained almost flat for the first month of 2010. Uncertainty surrounding Dubai’s debt crisis continued to overshadow the UAE market’s performance, despite announcements from some government related entities (GREs) confirming that part of their debt obligations had been met. The» more

Key places mentioned: Dubai , Egypt , France , Morocco , Saudi Arabia
Key terms mentioned: US , blue chips , financial results , government , regional
Key companies mentioned: Audi , DSM , France Telecom , Mobinil , Morgan Stanley

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Dubai

Dubai creditors to get multiple options	Non payment of UK firms a serious issue - minister
SABIC hits new high as investors buy in Saudi	Dubai's Istithmar kicks off ISS auction - bankers
Abu Dhabi shares rally	Gulf Technical Construction Company awarded 2 contract...
HSBC drops mortgage rates to 6.75% from 8.5%	Drake & Scull subsidiary in $131m deals

Egypt

SABIC hits new high as investors buy in Saudi	World Cup challenge of my life -Capello
World Cup biggest challenge of life -Capello	HSBC upbeat on Saudi, Omani banks in 2010
TECOM's $300m Malta project set to open in Oct	Egypt top Sunni cleric Tantawi dies in Saudi
Egypt inflation slows to 12.8 pct in Feb	England move to clamp down on 'bug'

France

Saudi Fransi to test waters for debt issuance	‘EMF’ idea interesting, not a priority, says France
Boom retains lead as Bonnet wins stage	France warns U,S, on Airbus deal
France's Publicis eyeing MENA acquisition	Dubai accuses Israel of falsifying passports
Kuwait to have nuclear power 'within 7 years'	Iran slaps travel ban on celebrated poetess

Morocco

Morocco storms leave at least 10 dead	Industry gathers for glimpse of the future
Irish hold seven in Swedish cartoonist plot	Female Arab athletes must fight to compete
Industry gathers for glimpse of the future	74% of Middle East Residents Affected by Global Econom...
Armani Hotel opening hit by one-month delay	EU demands more rights progress from Morocco

Saudi Arabia

Oil jumps toward $83, gasoline climbs in U.S.	SABIC hits new high as investors buy in Saudi
HSBC upbeat on Saudi, Omani banks in 2010	Etisalat 'unaware' of B'berry Messenger blocking plans
Saudi Fransi to test waters for debt issuance	Egypt top Sunni cleric Tantawi dies in Saudi
Saudi inflation rises to 4.6% in Feb	Saudi inflation rises to 4.6 pct in Feb

Audi

Bank Audi issues a new economic report on the Jordania...	Compact cars make inroads at Geneva
Egypt's EFG-Hermes 2009 profit drops 41 pct	Toyota, whats next?
A life in the fast lane	Hi-tech – but still a touchy subject
UAE's NBAD opens doors for business in Jordan	UAE's NBAD open for business in Jordan

DSM

Saudi ends winning streak, SABIC drops	TAQA 2009 profits down to $49 mln
MENA equity markets remain almost flat for the first m...	Middle East shares close the week higher on earnings
QNB 2009 profit gains 15% to rise to $1.2bn	Dubai stocks lead regions markets before holidays
Led by Dubai, Gulf indexes slip

France Telecom

Orascom Telecom says Algerian tax appeal rejected	Orascom says Algerian tax appeal rejected
Orascom founder says company will have to evolve to su...	Egypt court delays hearing on Mobinil sale
Mobile players could profit from advertising teamwork	As going gets tough, Sawiris gets going
Egypt's Mobinil profit up five pct

Mobinil

Orascom Telecom says Algerian tax appeal rejected	Orascom says Algerian tax appeal rejected
Egypt court delays hearing on Mobinil sale	Oman drops after rally; UAE dips
As going gets tough, Sawiris gets going	Egypt's Mobinil profit up five pct
Egypt Mobile Subscribers Rise 1.67 Mln in December

Morgan Stanley

African Barrick Gold sets IPO price range	Morgan Stanley working on MidEast restructuring deals
Lloyds faces struggle to impress	Morgan Stanley sees 2010 pick up for ME M&A
Debt fears slow national economy	Wall St edges up but rate worries linger
Company results, data lead Wall St higher	Dubai Debt Fears Resurface as Questions Linger

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Al Bawaba

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USDCAD Range Under Tremendous Strain as the Dollar Thr...	EURUSD Range a Risky and Timely Setup
Dar al-Arkan successfully redeems US$600 million Inaug...	Kanoo, BDP JV to Serve Middle East Chemical Sector

Financial Services

Dubai creditors to get multiple options	Non payment of UK firms a serious issue - minister
SABIC hits new high as investors buy in Saudi	Dubai's Istithmar kicks off ISS auction - bankers
Abu Dhabi shares rally	IPL, cricketers 'can't give in to terrorism'
HSBC drops mortgage rates to 6.75% from 8.5%	Govt aid for UAE banks seen after debt deal

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