The following stocks may rise or fall in Gulf Arab markets. Stock symbols are in parentheses and prices are from the last close.
Ajman Bank PSJC (AJMANBAN UH): The United Arab Emirates- based Islamic bank agreed to a strategic partnership with Noor Takaful to distribute the insurer’s products. Separately, the company signed a pact with Ajman Real Estate Regulatory Agency to offer real estate financing. The shares were unchanged at 86 fils.
Galfar Engineering & Contracting SAOG (GECS OM): The Omani construction company signed a 35.3 million rials ($91.7 million) contract with Oman’s Ministry of Transport and Communications, the Oman News Agency reported. The shares advanced 1.7 percent to 0.554 rial.
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