Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Gulf Stocks: Al Khaliji and Saudi Arabia’s Arriyadh Development

Don't Miss Out —
Follow us on:

June 5 (Bloomberg) -- Abu Dhabi’s ADX General Index retreated 0.2 percent at the 2 p.m. close in the emirate and Qatar’s QE Index dropped 1 percent. Saudi Arabia’s Tadawul All Share Index and the DFM General Index were little changed.

The following stocks rose or fell in the Persian Gulf region. Symbols are in parentheses.

Al Khaliji (KCBK QD) slumped the most in almost two years, losing 7.1 percent to 16.4 riyals. The Qatari lender called off a planned merger with International Bank of Qatar.

Arriyadh Development Co. (ADCO AB) advanced as much as 1 percent, the most since May 30, to 15.05 riyals before closing at 14.95 riyals. The Saudi Arabian property developer awarded a contract valued at 59.3 million riyals ($16 million) to a local company to build cooling and freezing warehouses.

To contact the reporter on this story: Zahra Hankir in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.