Dubai Economy is Still Growing

Dubai Economy is Still Growing

Dubai Economy is Still Growing Dubai’s economy is expected to grow by 3-4 percent in the 2017-2018, Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry, said at a ‘Meet the CEO’ event organised by the Government of Dubai Media Office, GDMO, on Monday. He pointed out that 98 percent of Dubai’s […]

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’

Saudi’s Kingdom Holding’s Investment Growth ‘On Hold’ Kingdom Holding’s plan to borrow money to fund new investments is on hold, because owner Prince Alwaleed bin Talal is in criminal detention in Saudi Arabia on anti-corruption charges, according to banking sources familiar with the matter. Kingdom had approached banks to obtain the loan, but the financing […]

UAE is Booming

UAE is Booming

The International Monetary Fund expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from an expected recovery in oil prices, according to Bloomberg. The UAE’s gross domestic product will expand 3.4 percent in 2018, largely on expectations that growth in Abu Dhabi will surge to […]

Saudi Aramco May Scrap IPO, Going with Private Investors

Saudi Aramco May Scrap IPO, Going with Private Investors

 Saudi Aramco May Scrap IPO, Going with Private Investors $OIL Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated international public offering are pushed beyond its Y 2018 target, sources familiar with the matter said Friday. The IPO (initial public offering) is expected to be the […]

Dubai Property: New Projects Flourish

Dubai Property: New Projects Flourish

Dubai Property: New Projects Flourish Property developers in Dubai showcased new multi-billion-dollar mega-projects on Monday despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn. Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even “Floating Venice”, a resort complete with underwater suites. The […]

The China-Arab States Expo

The China-Arab States Expo

The China-Arab States Expo kicked off today in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, demonstrating the growing economic relations between the world’s 2nd largest economy and the Arab world. Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, who is leading the UAE high-level delegation, has […]

The Abu Dhabi Building Boom

The Abu Dhabi Building Boom

The number of constructed buildings in Abu Dhabi reached 913 during the second quarter of 2017 compared to 751 buildings during the same period of 2016, a growth rate of 21.6 percent. Construction experts have stated that the increasing pace of construction in Abu Dhabi reflects its ongoing urban renaissance during the two last decades, […]

UAE Building Non-Oil Sector

UAE Building Non-Oil Sector

UAE Building Non-Oil Sector The UAE total non-Oil foreign trade volume of Q-1 2017 reached approximately AED401 billion against AED388 billion during the same period last year, a growth of 3.2 percent, according to statistics released by the Federal Customs Authority. Direct foreign trade, which represents 68 percent of the UAE’s total trade volume, was […]

Dubai in AI Push

Dubai in AI Push

The Dubai 10X Programme Team at the Supreme Legislation Committee in the Emirate of Dubai, SLC, have highlighted the most important futuristic projects that support the ‘Dubai 10X’ initiative in a recent seminar held at the SLC General Secretariat headquarters. The seminar was aimed at promoting Dubai as a pioneering environment in the UAE for […]

UAE Plans for Massive Growth in Non-Oil Sectors

UAE Plans for Massive Growth in Non-Oil Sectors

The Ministry of Economy is working on a number of laws to help increase productivity of the economy and boost the contribution of the non-oil sector to 80 per cent by 2021 from around 70 per cent now, Sultan Al Mansouri, the Minister of Economy told “The National” in an exclusive interview. The draft investment […]

Dubai: Growth Continues

Dubai: Growth Continues

Global trade enabler DP World today announced solid financial results for the six months to 30th June, 2017. On a reported basis, revenue grew 9.6 percent and adjusted EBITDA increased by 4.2 percent. Adjusted EBITDA margin was 53.4 percent, delivering profit attributable to owners of the company, before separately disclosed items, of US$606 million and […]

Dubai – Hong Kong Trade News

Dubai – Hong Kong Trade News

As part of its mandate to facilitate trade from Dubai and create an enabling environment for Dubai’s exporters, Dubai Exports, the export promotion agency of Dubai Economy, has expanded its network with the opening of a new overseas trade office, OTO, in Hong Kong. The Hong Kong office, the 7th in its growing international network […]

Opportunities in Dubai

Opportunities in Dubai

Expansion projects and new investments are expected to fuel growth within the UAE’s logistics sector over the next five years, according to a recent analysis by the Dubai Chamber of Commerce and Industry. The positive outlook is supported by expectations of strong growth in the country’s air and sea freight markets. The analysis, based on […]

Merchandisers Wanted for Dubai Expo 2020

Merchandisers Wanted for Dubai Expo 2020

Merchandisers Wanted for Dubai Expo 2020 From custom caps and cufflinks to tailor-made towels and teapots, Expo 2020 Dubai is looking for manufacturers in the Gulf for two important merchandising categories apparel and homeware. The Expo team seeks producers, from international brands to artisan producers, of goods, which will be offered to millions of visitors […]

Dubai Solar Show

Dubai Solar Show

Dubai Electricity and Water Authority, DEWA, has invited companies involved in solar photovoltaic, PV, technology to participate in the second Dubai Solar Show; the region’s largest solar energy exhibition, organised by DEWA, in conjunction with the 19th Water, Energy, Technology, and Environment Exhibition, WETEX 2017. Both events are organised under the directives of Vice President, […]

Maktoum Visits Abu Dhabi National Oil Company, ADNOC

Maktoum Visits Abu Dhabi National Oil Company, ADNOC

Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has met with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today at the headquarters of the Abu Dhabi National Oil Company, ADNOC. Their Highnesses […]

Dubai Digital Evolution Index Shows Growth

Dubai Digital Evolution Index Shows Growth

Dubai Digital Evolution Index Shows Growth The World Economic Forum, WEF, has released its Digital Evolution Index, DEI, for 2017, classifying the UAE as a “Stand Out” country with an overall score of 3.22, which makes it the most advanced market in the Arab world and 22nd on a global level. Stand Out countries are […]

UAE Ready for Extended Low Oil Price

UAE Ready for Extended Low Oil Price

The UAE is successfully adjusting to the new “lower-for-longer” oil environment, and the government’s economic initiatives have been broadly in line with global and regional trends, an International Monetary Fund study has affirmed. The study, published by the IMF on its website, commends the progress made by the UAE over the past years to “strengthen […]

Changes From the SEC: Confidentiality is Key

Changes From the SEC: Confidentiality is Key

Changes From the SEC: Confidentiality is Key In a recent effort to foster increased public offering activity, the U.S. Securities and Exchange Commission (SEC) announced on 29 June 2017 that it will permit all companies to submit voluntary draft registration statements relating to initial public offerings (IPOs), certain follow-on offerings and national securities exchange listings […]

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs $DIA, $SPY, $DAX, $DJSH, $N300, $NSEI Year to Date (YTD) investors in global stock markets are seeing record highs. Record marks for the widely-followed country indexes occurred in the context of notably low volatility, adding to investor comfort and a sense of accomplishment. All of this was accompanied […]

Emaar to List UAE Real Estate Development Business in Dubai

Emaar to List UAE Real Estate Development Business in Dubai

Emaar to List UAE Real Estate Development Business in Dubai The developer will list 30% of its UAE real Estate Development business Dubai developer Emaar has announced plans to list 30% of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily […]

The Stock Markets Signal President Trump is Safe in the Oval Office

The Stock Markets Signal President Trump is Safe in the Oval Office

The Stock Markets Signal President Trump is Safe in the Oval Office $DIA, $SPY, $QQQ, $VXX Many people love President Donald Trump, and many hate him to the point of stress and hysteria, so much so that they are becoming obese as the result. I know a Trump hater that looks like he put on […]

China Construction Bank Lists Debt on Nasdaq Dubai

China Construction Bank Lists Debt on Nasdaq Dubai

China Construction Bank Lists Debt on Nasdaq Dubai Guo You, Chairman of the Board of Supervisors of China Construction Bank, CCB, today rang the market-opening bell to celebrate the listing of a US$1.2 billion bond on Nasdaq Dubai, the region’s international financial exchange. The listing by the Hong Kong Branch of CCB, one of China’s […]

The Middle East, Oil and the Future

The Middle East, Oil and the Future

The Middle East, Oil and the Future “The Economies of the GCC States in the Post-Oil Era: Horizons and Solutions” was the underlying theme of a seminar in which Fujairah Chamber of Commerce and Industry participated in Oman recently. The seminar, organised by the Oman Chamber of Commerce and Industry, sought to identify the nature […]

Islamic Finance: Emirates NBD Lead the Way

Islamic Finance: Emirates NBD Lead the Way

A Markit iBoxx USD Sukuk Index was launched Emirates NBD Wednesday to provide a high-quality, objective and transparent benchmark for investors in USD Sukuk. Launched in collaboration with IHS Markit, a world leader in critical information, analytics and solutions, the index combines extensive market knowledge from Emirates NBD with IHS Markit’s deep expertise in the […]

Emirates Remains World’s Best Airline

Emirates Remains World’s Best Airline

Emirates Remains World’s Best Airline Emirates confirmed on Tuesday that its new First Class product will be showcased at the Dubai Air Show in November. Making its debut onboard a Boeing 777-300ER, Emirates’ new First Class cabin will feature 6 private suites laid out in a 1-1-1 layout, compared to the existing 8 private suites […]

The US Entitlement State is Not Sustainable

The US Entitlement State is Not Sustainable $AAPL, $AMZN, $FB, $GOOG The US government’s entitlement programs: Social Security and Medicare, down to food stamps and spending on the arts are closing in on 70% of our spending. Add in interest our increasing debt, and very little of what the government spends money on goes to […]

The Trump Rally Extends: Stocks in the Defense Sector Mark Record Highs

The Trump Rally Extends: Stocks in the Defense Sector Mark Record Highs

The Trump Rally Extends: Stocks in the Defense Sector Mark Record Highs $DIA, $SPY, $QQQ, $VXX President Donald Trump’s approval of $110-B in arms sales to Saudi Arabia gave stocks in the defense sector a lift to record highs Monday. The deal includes $350-B more in defense support over 10 years. Lockheed Martin (NYSE:LMT) was […]

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems

DDE Sold 5000 Carats Of Diamonds To Transatlantic Gems The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, today announced the successful conclusion of the first of six tenders scheduled for 2017. The tender was held at the Almas Tower and was facilitated by the Dubai Diamond Exchange in a secure, transparent and regulated environment, […]

UAE Stock Update

UAE Stock Update

UAE stock markets were calm on the last day of April with some shares closing slightly up. A number of brokerage companies have opted for clearing the short positions of their clients with the objective of settling their monthly financial statements before referring them to the Securities and Commodities Authority. While a number of leaders […]

“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO

“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO

“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO $UAL, $DAL, $AAL Akbar Al Baker says he is not worried about The Trump Administration siding with the Big 3 US airlines The Big 3 US airlines, Delta (NYSE:DAL), American Airways (NYSE:AAL) and United (NYSE:UAL) which are lobbying against the GCC airlines, are “self-centred” […]

HEFFX Update

HEFFX Update

HEFFX Update Online Presence Livetradingnews.com and HEFFX.com are undergoing rebuilds. LTN will focus on research in the USA and the Emerging Markets of Asia and the Middle East. HEFFX will expand it’s growing business in consulting Ecommerce Ecommerce remains a focus of our developments, Ecommerce in Emerging Markets will be a primary objective over the […]

Oman Oil May Go Public

Oman Oil May Go Public

Oman’s state-owned energy producer Oman Oil is thinking about selling some of its assets and listing on the local stock market. This follows the planned initial public offering (IPO) by Saudi Aramco. Oman Oil Company S.A.O.C. (OOC) is a commercial company wholly owned by the Government of the Sultanate of Oman. The Company was incorporated […]

Emaar Malls approves 10 pct cash dividend

Emaar Malls approves 10 pct cash dividend

Emaar Malls approves 10 pct cash dividend of AED1.3 bln for second consecutive year The second annual general meeting of Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties, today approved a proposal by the Board of Directors to distribute 10 per cent of the share capital, equivalent to AED1.301 […]

Nasdaq Dubai welcomes listing of Dar Al-Arkan

Nasdaq Dubai welcomes listing of Dar Al-Arkan

Nasdaq Dubai welcomes listing of Dar Al-Arkan Yousef Bin Abdullah Al-Shelash, Chairman of Saudi Arabia’s Dar Al-Arkan Real Estate Development Company, today rang the market opening bell to celebrate the listing of a 500 million US Dollar Sukuk on Nasdaq Dubai. The listing provides strong support for Dar Al-Arkan’s capital-raising strategy as it prepares for […]

Global Business Executives are Bullish

Global Business Executives are Bullish

Global Business Executives are Bullish – The 2017 A.T. Kearney Foreign Direct Investment Confidence Index® shows investors regard FDI as a growth opportunity amid rising anti-globalization sentiment – The US holds the top spot, with Germany rising to take the 2nd position and China falling to 3rd. Rounding out the top 5, the UK moves […]

Dubai: FinTech Hive at DIFC

Dubai: FinTech Hive at DIFC

Dubai: FinTech Hive at DIFC Dubai International Financial Centre (DIFC) announced on Sunday it would receive applications for its ‘FinTech Hive at DIFC’ accelerator programme from 17th April 2017, following registered interest from over 200 companies since its launch in January. The 12-week programme helps early and growth-stage financial technology (FinTech) companies accelerate product and […]

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 2.05. The projected upper bound is: 2.01. The projected lower bound […]

Dubai Financial Market (DFM:DU) Heffx Technicals Bearish Trend

Dubai Financial Market (DFM:DU) Heffx Technicals Bearish Trend

Dubai Financial Market (DFM:DU) Heffx Technicals Bearish Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.33. The projected upper bound is: 1.37. The projected lower […]

Arabtec Holding (ARTC:DU) Heffx Technicals Stock Overbought

Arabtec Holding (ARTC:DU) Heffx Technicals Stock Overbought

Arabtec Holding (ARTC:DU) Heffx Technicals Stock Overbought Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.05. The projected lower bound is: 0.81. The projected closing price is: 0.93. Candlesticks A white […]

Air Arabia (AIRA:DU) Heffx Technicals Time to Buy?

Air Arabia (AIRA:DU) Heffx Technicals Time to Buy?

Air Arabia (AIRA:DU) Heffx Technicals Time to Buy? Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.17. The projected upper bound is: 1.17. The projected lower […]

Emaar Malls (EMAA:DU) Heffx Technicals Stock Consolidating

Emaar Malls (EMAA:DU) Heffx Technicals Stock Consolidating

Emaar Malls (EMAA:DU) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 2.63. The projected upper bound is: 2.76. The projected lower bound is: 2.60. The projected closing price is: 2.68. Candlesticks A […]

Dubai Islamic Bank (JDIB:AM) Heffx Technicals Stock Consolidating

Dubai Islamic Bank (JDIB:AM) Heffx Technicals Stock Consolidating

Dubai Islamic Bank (JDIB:AM) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.26. The projected upper bound is: 1.26. The projected lower bound is: 1.20. The projected closing price is: 1.23. Candlesticks […]

ALDAR Properties (ALDR:AD) Heffx Technicals Stock Consolidating

ALDAR Properties (ALDR:AD) Heffx Technicals Stock Consolidating

ALDAR Properties (ALDR:AD) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 2.40. The projected lower bound is: 2.17. The projected closing price is: 2.28. Candlesticks During the […]

Abu Dhabi Commercial Bank (ADCB:AD) Long Term Bullish Outlook

Abu Dhabi Commercial Bank (ADCB:AD) Long Term Bullish Outlook

Abu Dhabi Commercial Bank (ADCB:AD) Long Term Bullish Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7.00. The projected upper bound is: 7.20. The projected […]

Emaar Properties (EMAR:DU) Heffx Technicals Stock Overbought

Emaar Properties (EMAR:DU) Heffx Technicals Stock Overbought

Emaar Properties (EMAR:DU) Heffx Technicals Stock Overbought Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 7.79. The projected lower bound is: 7.21. The projected closing price is: 7.50. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

SHUAA Capital (SHUA:DU) Heffx Technical Analysis

SHUAA Capital (SHUA:DU) Heffx Technical Analysis

SHUAA Capital (SHUA:DU) Heffx Technical Analysis Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 1.93. The projected lower bound is: 1.59. The projected closing price is: 1.76. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]

Deyaar Development (DEYR:DU) Heffx Trading Outlook

Deyaar Development (DEYR:DU) Heffx Trading Outlook

Deyaar Development (DEYR:DU) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 0.61. The projected lower bound is: 0.54. The projected closing price is: 0.57. Candlesticks A black body occurred (because prices closed lower than they opened). During the […]

Ras Al Khaimah Ceramics (RKCE:AD) Time to Buy?

Ras Al Khaimah Ceramics (RKCE:AD) Time to Buy?

Ras Al Khaimah Ceramics (RKCE:AD) Time to Buy? Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 2.38. The projected upper bound is: 2.35. The projected lower […]

Amanat Holdings (AMANT:DU) Heffx Technicals Stock Consolidating

Amanat Holdings (AMANT:DU) Heffx Technicals Stock Consolidating

Amanat Holdings (AMANT:DU) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.18. The projected lower bound is: 1.04. The projected closing price is: 1.11. Candlesticks A big white candle occurred. This is generally considered bullish, as prices […]

Agthia Group (AGTH:AD) Heffx Technicals Stock Overbought

Agthia Group (AGTH:AD) Heffx Technicals Stock Overbought

Agthia Group (AGTH:AD) Heffx Technicals Stock Overbought Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 6.64. The projected lower bound is: 5.99. The projected closing price is: 6.32. Candlesticks During the […]

Dana Gas (DANA:AD) Stock Technicals Currently Bullish

Dana Gas (DANA:AD) Stock Technicals Currently Bullish

Dana Gas (DANA:AD) Stock Technicals Currently Bullish Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.49. The projected lower bound is: 0.41. The projected closing price is: 0.45. Candlesticks A big […]

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating

Waha Capital (WAHA:AD) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 2.08. The projected upper bound is: 2.03. The projected lower bound […]

Dubai Financial Market (DFM:DU) Heffx Technicals Bullish Divergence

Dubai Financial Market (DFM:DU) Heffx Technicals Bullish Divergence

Dubai Financial Market (DFM:DU) Heffx Technicals Bullish Divergence Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 1.33. The projected upper bound is: 1.40. The projected lower bound is: 1.20. The projected closing price is: 1.30. Candlesticks […]

Arabtec Holding (ARTC:DU) Heffx Technical Analysis

Arabtec Holding (ARTC:DU) Heffx Technical Analysis

Arabtec Holding (ARTC:DU) Heffx Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.05. The projected lower bound is: 0.80. The projected closing price is: 0.93. Candlesticks A white body […]

Air Arabia (AIRA:DU) Time to Buy?

Air Arabia (AIRA:DU) Time to Buy?

Air Arabia (AIRA:DU) Time to Buy? Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.17. The projected upper bound is: 1.16. The projected lower bound is: […]

FDI in Dubai

FDI in Dubai

Dubai succeeded in attracting 247 new foreign investment projects, standing third behind London and Singapore in new investment initiatives in 2016, said Fahad Al Gergawi, CEO of Dubai Investment Development Agency, an agency of Dubai Economy. Dubai attracted AED25.5 billion in foreign direct investment, FDI, in 2016. The city also maintained its position among the […]

ALDAR Properties (ALDR:AD) Time to Buy?

ALDAR Properties (ALDR:AD) Time to Buy?

ALDAR Properties (ALDR:AD) Time to Buy? Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 2.37. The projected lower bound is: 2.14. The projected closing price is: 2.25. Candlesticks A white body […]

Abu Dhabi Commercial Bank (ADCB:AD) Stock Technicals Consolidating

Abu Dhabi Commercial Bank (ADCB:AD) Stock Technicals Consolidating

Abu Dhabi Commercial Bank (ADCB:AD) Stock Technicals Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7.01. The projected upper bound is: 7.08. The projected lower […]

National Bank of Abu Dhabi (NBAD:AD) Stock Technicals Consolidating

National Bank of Abu Dhabi (NBAD:AD) Stock Technicals Consolidating

National Bank of Abu Dhabi (NBAD:AD) Stock Technicals Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 10.88. The projected lower bound is: 9.91. The projected closing price is: 10.39. Candlesticks During the past 10 bars, there have been 7 white […]

First Gulf Bank (FGB:AD) Stock Technicals Overbought

First Gulf Bank (FGB:AD) Stock Technicals Overbought

First Gulf Bank (FGB:AD) Stock Technicals Overbought Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 13.57. The projected lower bound is: 12.21. The projected closing price is: 12.89. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Emaar Properties (EMAR:DU) Stock Technicals Mildly Bearish

Emaar Properties (EMAR:DU) Stock Technicals Mildly Bearish

Emaar Properties (EMAR:DU) Stock Technicals Mildly Bearish Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 7.33. The projected upper bound is: 7.50. The projected lower bound is: 6.93. The projected closing price is: 7.21. Candlesticks A […]

Dubai Trade Volumes on the Rise

Dubai Trade Volumes on the Rise

Dubai’s trade performance has shown steady and sustainable growth over the last five years, with non-oil trade volumes in metric tonnes registering a compound growth rate of 6.1% according to figures from Dubai Customs. Despite a challenging macroeconomic environment which impacted global trade, Dubai’s trade volumes grew a healthy 8.2% in 2016, compared to the […]

Amanat Holdings (AMANT:DU) Heffx Trading Outlook

Amanat Holdings (AMANT:DU) Heffx Trading Outlook

Amanat Holdings (AMANT:DU) Heffx Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.18. The projected lower bound is: 1.04. The projected closing price is: 1.11. Candlesticks A big white candle occurred. This is generally considered bullish, as prices closed […]

Agthia Group (AGTH:AD) Stock Technicals is in Neutral

Agthia Group (AGTH:AD) Stock Technicals is in Neutral

Agthia Group (AGTH:AD) Stock Technicals is in Neutral Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 6.75. The projected lower bound is: 6.09. The projected closing price is: 6.42. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Ajman Bank (AJBNK:DU) Stock Technicals Consolidating

Ajman Bank (AJBNK:DU) Stock Technicals Consolidating

Ajman Bank (AJBNK:DU) Stock Technicals Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.39. The projected upper bound is: 1.35. The projected lower bound is: […]

Eshraq Properties (ESHR:AD) Stock Technicals is in Neutral

Eshraq Properties (ESHR:AD) Stock Technicals is in Neutral

Eshraq Properties (ESHR:AD) Stock Technicals is in Neutral Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.20. The projected lower bound is: 0.94. The projected closing price is: 1.07. Candlesticks A big white candle occurred. This is generally considered bullish, as […]

Dana Gas (DANA:AD) Stock Technicals Bullish Divergence

Dana Gas (DANA:AD) Stock Technicals Bullish Divergence

Dana Gas (DANA:AD) Stock Technicals Bullish Divergence Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.46. The projected lower bound is: 0.38. The projected closing price is: 0.42. Candlesticks A big […]

Emaar Malls (EMAA:DU) Heffx Technicanl Analysis with Candlesticks

Emaar Malls (EMAA:DU) Heffx Technicanl Analysis with Candlesticks

Emaar Malls (EMAA:DU) Heffx Technicanl Analysis with Candlesticks Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.68. The projected lower bound is: 2.52. The projected closing price is: 2.60. Candlesticks A white body occurred (because prices closed higher than they opened). […]

ALDAR Properties (ALDR:AD) Technicals Bullish Divergence

ALDAR Properties (ALDR:AD) Technicals Bullish Divergence

ALDAR Properties (ALDR:AD) Technicals Bullish Divergence Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 2.37. The projected lower bound is: 2.13. The projected closing price is: 2.25. Candlesticks A black body […]

First Gulf Bank (FGB:AD) Technicals Bullish Outlook

First Gulf Bank (FGB:AD) Technicals Bullish Outlook

First Gulf Bank (FGB:AD) Technicals Bullish Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 13.62. The projected lower bound is: 12.26. The projected closing price is: 12.94. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Union National Bank (UNB:AD) Long Term Bullish Outlook

Union National Bank (UNB:AD) Long Term Bullish Outlook

Union National Bank (UNB:AD) Long Term Bullish Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 4.59. The projected lower bound is: 4.15. The projected closing price is: 4.37. Candlesticks A big white candle occurred. This is generally considered bullish, as […]

Dubai Islamic Bank (JDIB:AM) Heffx Technical Analysis

Dubai Islamic Bank (JDIB:AM) Heffx Technical Analysis

Dubai Islamic Bank (JDIB:AM) Heffx Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.26. The projected upper bound is: 1.27. The projected lower bound […]

Abu Dhabi Commercial Bank (ADCB:AD) Possible Start of a Bullish Trend

Abu Dhabi Commercial Bank (ADCB:AD) Possible Start of a Bullish Trend

Abu Dhabi Commercial Bank (ADCB:AD) Possible Start of a Bullish Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7.01. The projected upper bound is: 7.16. […]

National Bank of Abu Dhabi (NBAD:AD) Long Term Bullish Outlook

National Bank of Abu Dhabi (NBAD:AD) Long Term Bullish Outlook

National Bank of Abu Dhabi (NBAD:AD) Long Term Bullish Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 10.99. The projected lower bound is: 10.02. The projected closing price is: 10.50. Candlesticks A white body occurred (because prices closed higher than […]

Emaar Properties (EMAR:DU) Technicals Bullish Divergence

Emaar Properties (EMAR:DU) Technicals Bullish Divergence

Emaar Properties (EMAR:DU) Technicals Bullish Divergence Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 7.34. The projected upper bound is: 7.48. The projected lower bound is: 6.91. The projected closing price is: 7.19. Candlesticks A black […]

Dana Gas (DANA:AD) Stock Consolidating

Dana Gas (DANA:AD) Stock Consolidating

Dana Gas (DANA:AD) Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.48. The projected lower bound is: 0.40. The projected closing price is: 0.44. Candlesticks A big white candle […]

Arabtec Holding (ARTC:DU) Heffx Trading Outlook

Arabtec Holding (ARTC:DU) Heffx Trading Outlook

Arabtec Holding (ARTC:DU) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 1.00. The projected lower bound is: 0.76. The projected closing price is: 0.88. Candlesticks A black body […]

Dubai Financial Market (DFM:DU) Stock Oversold

Dubai Financial Market (DFM:DU) Stock Oversold

Dubai Financial Market (DFM:DU) Stock Oversold Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.35. The projected upper bound is: 1.35. The projected lower bound is: […]

Waha Capital (WAHA:AD) Technicals Stock Consolidating

Waha Capital (WAHA:AD) Technicals Stock Consolidating

Waha Capital (WAHA:AD) Technicals Stock Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.35. The projected lower bound is: 1.99. The projected closing price is: 2.17. Candlesticks A black body occurred (because prices closed lower than they opened). During the […]

Air Arabia (AIRA:DU) Stock Consolidating

Air Arabia (AIRA:DU) Stock Consolidating

Air Arabia (AIRA:DU) Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.19. The projected upper bound is: 1.14. The projected lower bound is: 0.99. […]

Emaar Malls (EMAA:DU) Heffx Technical Analysis

Emaar Malls (EMAA:DU) Heffx Technical Analysis

Emaar Malls (EMAA:DU) Heffx Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 2.61. The projected lower bound is: 2.47. The projected closing price is: 2.54. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower […]

ALDAR Properties (ALDR:AD) Short Term Upward Trend

ALDAR Properties (ALDR:AD) Short Term Upward Trend

ALDAR Properties (ALDR:AD) Short Term Upward Trend Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 2.50. The projected lower bound is: 2.29. The projected closing price is: 2.39. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Union National Bank (UNB:AD) Stock is in an Upward Trend

Union National Bank (UNB:AD) Stock is in an Upward Trend

Union National Bank (UNB:AD) Stock is in an Upward Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 4.33. The projected upper bound is: 4.54. The projected lower bound is: 4.09. The projected closing price is: […]

Abu Dhabi Commercial Bank (ADCB:AD) Stock Consolidating

Abu Dhabi Commercial Bank (ADCB:AD) Stock Consolidating

Abu Dhabi Commercial Bank (ADCB:AD) Stock Consolidating Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 7.04. The projected upper bound is: 7.00. The projected lower bound […]

First Gulf Bank (FGB:AD) Long Term Bullish Outlook

First Gulf Bank (FGB:AD) Long Term Bullish Outlook

First Gulf Bank (FGB:AD) Long Term Bullish Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 13.53. The projected lower bound is: 12.16. The projected closing price is: 12.84. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Ajman Bank (AJBNK:DU) Heffx Trading Outlook

Ajman Bank (AJBNK:DU) Heffx Trading Outlook

Ajman Bank (AJBNK:DU) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 1.40. The projected upper bound is: 1.40. The projected lower bound is: […]

Ras Al Khaimah Ceramics (RKCE:AD) Heffx Trading Outlook

Ras Al Khaimah Ceramics (RKCE:AD) Heffx Trading Outlook

Ras Al Khaimah Ceramics (RKCE:AD) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 2.43. The projected upper bound is: 2.30. The projected lower […]

Agthia Group (AGTH:AD) Heffx Trading Outlook

Agthia Group (AGTH:AD) Heffx Trading Outlook

Agthia Group (AGTH:AD) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 6.50. The projected upper bound is: 6.62. The projected lower bound is: […]

SHUAA Capital (SHAU:DU) Heffx Trading Outlook

SHUAA Capital (SHAU:DU) Heffx Trading Outlook

SHUAA Capital (SHAU:DU) Heffx Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1.60. The projected upper bound is: 2.10. The projected lower bound is: […]

Deyaar Development (DEYR:DU) Heffx Trading Outlook

Deyaar Development (DEYR:DU) Heffx Trading Outlook

Deyaar Development (DEYR:DU) Heffx Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.60. The projected upper bound is: 0.60. The projected lower bound is: […]