Kuwait’s Global Investment House has upgraded shares in Samba of Saudi Arabia to a strong buy on the basis of the low market valuation of the stock. “… the stock has slid by 21 per cent over the past 12…
Tag: Gulf Investment House
GCC bank profits fall
For full coverage of Middle East business, see MEED The earnings of GCC banks covered by Gulf Investment House fell by 0.7 per cent on a year-on-year basis to $5.6bn in the first quarter of 2016, the Kuwait investment bank…
Modest rise in GCC bank third quarter net earnings: Gulf Investment House
For full coverage of business developments in Iran and the Middle East, see MEED Net earnings of GCC covered by Gulf Investment House increased 3.7 per cent year-on-year to $5.6bn in the third quarter of 2015. Net profit of banks…
UAE led GCC real estate market in Q1 2014: Gulf Investment House
UAE’s real estate market continued to lead the GCC real estate market in the first quarter of 2014 with residential sales prices rising by 30 per cent in Dubai in the year ending March, according to a report published yesterday…