Etisalat pushes Abu Dhabi market index back above 2,500 points
2012-04-17 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The ADX General Index closed 0.23% higher at 2,505.43 Tuesday. Market bellwether Etisalat, the UAE's first telco firm, edged 1.27% higher. Investors at GCC market were keen on adding telco shares after Saudi Arabia's Mobily reported a 21% year-onyear jump in net profits. Abu Dhabi's largest real estate developer Aldar Properties fell 0.90%. Earlier in the day, Aldar announced it signed up for a Dhs4bn revolving credit facility with National Bank of Abu Dhabi or NBAD.  

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