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- Saudi riyal symbol: strategic step toward global financial standing
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<b><font size="4">on Population Slowdown</b></font>
31/03/2009 00:00 AST
Emirates Telecommunications Corp. and Emirates Integrated Telecommunications Co., the United Arab Emirates' two phone companies, had their share-price estimates reduced at Al Mal Capital, citing the global economic slowdown.
"The result of this crisis could lead to a reduction in population growth for the U.A.E., which has been one of the key drivers for increased subscriber numbers over the last few years," Al Mal analysts wrote in a note e-mailed today."We project the U.A.E. population could ease by 4.2 percent in 2009 and by a further 1.2 percent in 2010 before resuming growth by 3 percent in 2011."
Al Mal cut the price estimate for Etisalat to 18.68 dirhams and for Du to 2.84 dirhams, while maintaining the "outperform" recommendations on both stocks.
Etisalat closed up 0.4 percent at 13.8 dirhams yesterday and Du declined 0.9 percent to 2.26 dirhams.
Bloomberg
18/02/2013
Al Mal Capital, a Dubai-based investment bank whose shareholders include members of Abu Dhabi's ruling family, will boost staff by 20 per cent in 2013 as the economy recovers, Deputy Chairman Naser N
Bloomberg
18/06/2009
Al Mal Capital has kept its "outperform" rating on Emirates Telecommunications Corp., and also maintained its "market perform" rating on Etisalat's rival, Emirates Integrated Telecommunications Compa
Khaleej Times
14/06/2009
Emaar Properties PJSC, the United Arab Emirates' largest real-estate company, had its price estimate raised 7.2 percent at Al Mal Capital PSC, which cited the winning of a contract to build the world
Bloomberg
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BHMCAPITAL | 1.67 | 0.02 (1.21 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia