SOROUH, ALDAR, DANA up 18 Feb 07

UAE market news & discussions for 18 February 2007 Technical Analysis SHUAA and Al Ahlia and Trends Magazine - ET 06 Feb 2007 SHUAA - Arab Asia Gateway Fund cancelled by Forsyth - AB 18 Feb 2007 ARTC AED 514m contract for Karachi Financial Towers in Pakistan 18 Feb 2007 ARTC receives AED 487m drainage contract for JXB - PR 18 Feb 2007 ADIB - update on takeover by Emirates International Investment - R 18 Feb 07 ALDAR EGM - 40% foreign ownership and AED 12.8 bn sukuk - 12 Dec 2006 DP World sale of US ports in 2006 [sold to AIG 11 Dec 2006] DIB picks banks for dollar sukuk listed in London & Dubai - R 17 Feb 2007 GLOBAL - First Jordan Investment firm to be listed in Amman - GN 17 Feb 07 Dana and Crescent problems with Iran - Mar 2006 to... FH 2006 FY profit AED 160m +19%* from 2005, 50% cash div 23 Jan 2007 Cambridge Capital Trading ADSM board restructured - decree from Sheikh Khalifa - GN 16 Feb 2007 RAK Airways IPO OILC - major restructuring into Oasis Leasing and Oasis Capital - GN 15 Feb 07 ESCA extends deadline for 2006 FY disclosures 2 weeks - GN 04 Feb 2007 AABAR - Pearl Oil concession with Petrovietnam for Block 06/94 - GN 14 Feb 07 HELP - Share Dilemma Top Stock Picks for Feb 2007 UAE companies list of 2006 final results and dividends Which shares are cheaper? Emaar or Amlak? GGICO 2006 FY results out 29 Jan 2007 DU 2006 FY loss AED 755m, no results 2005 - 31 Jan 2006 ARKAN committed to Sharia regulation in its operations - 13 Feb 2007 More UAE stock market news and discussions...

Dubai and Abu Dhabi stock market report 18 February 2007

best stock rises symbol price change SOROUH 2.40 +0.14 +6.2% ALDAR 4.41 +0.21 +5% QCEM 1.72 +0.06 +3.6% DANA 1.37 +0.04 +3% SCIDC 3.91 +0.11 +2.9%

worst stock falls symbol price change OEIHC 27.45 -2.75 -9.1% FH 8.11 -0.38 -4.5% TKFL 2.84 -0.11 -3.7% NBAD 24.15 -0.85 -3.4% DRIVE 1.55 -0.05 -3.1%

top volume symbol value (AED) price EMAAR 533,714,888 13.40 SOROUH 47,813,252 2.40 ALDAR 40,774,426 4.41 GULFNAV 35,586,287 1.29 DANA 35,509,751 1.37

Dubai Financial Market

Volumes up a bit on DFM with 765m dhs worth of trading but the index fell marginally by 0.17% to 4209 points. Biggest rises from Aramex PJSC (ARMX) up 2.4% and National General Cooling Company PJSC (TABREED) up 2.1%. Arab Insurance Group (ARIG) had a slight rise of 0.7% but its 22 deals much more than normal trading. Emaar Properties PJSC (EMAAR) traded 534m dhs worth but with no change in share price. GULFNAV volumes well down on last week with only 36m dhs worth today and a fall of 1.6%. Biggest fall from National Bank of Dubai (NBD) down 2.3%. Other active shares moved up or down only 1% or less.

Abu Dhabi Securities Market

A big day for ADSM with volume of 238m dhs double the average daily volume in recent weeks, on a slight rise of 0.19% to 2964 points. Half the volume from big rises and heavy trading in Sorouh Real Estate (SOROUH) up 6.2% to 2.40, Aldar Properties PJSC (ALDAR) up 5% to 4.43, and Dana Gas PJSC (DANA) up 3% to 1.37. Other big volume trading from Emirates Telecommunications Company (ETISALAT) up just 0.3%, and ARKAN up 1.7%, while National Bank of Abu Dhabi (NBAD) tumbled 3.4% from just under 10m dhs worth of trading. Bank Of Sharjah (BOS) had a bad day with a 2.2% fall on heavier than normal trading but still only 2m dhs worth. No other significant falls, most of the actively traded shares rose.

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