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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Which are the top equity markets in the Middle East?

A country can have only one equity market, or multiple ones.
  • Saudi Arabia has Tadawul, or the Saudi stock exchange, whose benchmark index is known as TASI
  • The UAE has the Dubai Financial Market (DFM) as well as the Abu Dhabi Exchange (ADX)

An equity market is defined by the Encyclopedia Britannica as an “organized market for the sale and purchase of securities such as shares, stocks, and bonds.”

They are also called stock exchange, stock market, and — in continental Europe — a bourse.

The last term, however, has become more common in use across the world in recent years.

Now, a country can have only one equity market, or multiple ones.

For example, Saudi Arabia has Tadawul, or the Saudi stock exchange, whose benchmark index is known as TASI.

On the other hand, the UAE has the Dubai Financial Market (DFM) as well as the Abu Dhabi Exchange (ADX), both of which have their own indices.

Here is a comparison between the top equity markets in the Middle East, and how they stack up against a couple of their global counterparts: