Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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

Bloomberg Customers

Abu Dhabi Commercial, NBAD, Kipco: Persian Gulf Equity Preview

The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.

Dubai’s DFM General Index advanced 0.7 percent, and Abu Dhabi’s ADX General Index rose 0.3 percent. Kuwait’s measure climbed 0.6 percent.

Abu Dhabi Islamic Bank (ADIB UH) and National Bank of Abu Dhabi PJSC (NBAD UH): The two United Arab Emirates lenders said they completed the “first ever” Islamic repurchase deal in the Gulf region. Abu Dhabi Islamic shares fell 0.3 percent to 3.31 dirhams, while National Bank of Abu Dhabi, also known as NBAD, climbed 0.9 percent to 11.30 dirhams.

Abu Dhabi Commercial Bank (ADCB UH): The United Arab Emirates’ third-biggest bank by assets reported second-quarter net income of 1.34 billion dirhams ($364.8 million) compared with a 531 million-dirham loss a year earlier. The average estimate of seven analysts was for profit of 1.2 billion dirhams, according to data compiled by Bloomberg. The bank said it plans to seek approval from shareholders and regulators to buy back as much as 10 percent of its stock. The shares rose 2 percent to 3.11 dirhams when they last traded on Aug. 1.

Kuwait Projects Co. (KPROJ KK): Kuwait’s biggest privately owned investment company, which is also called Kipco, said first-half profit quadrupled because of increased growth in commercial banking and insurance. The shares rose 1.4 percent to 355 fils.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.