DUBAI Real Air Jordan Shoes For Sale , Jan. 24 (Xinhua) -- Listed shares in the oil-rich Gulf Arab region rebounded across the board on Sunday, after the price of the "black gold" posted its biggest day-gain in three months following hawkish Saudi comments on the commodity's price level.
The Dubai Financial Market surged 5.017 percent to close at 2,754.99 points on heavy trading, representing the biggest day-gain in months .
Last Friday, the United States benchmark for crude oil surged over nine percent to reach 32.12 dollar per barrel (159 liter), the largest advance since October.
Last Friday Real Air Jordan Retro For Sale , Khalid al-Falih, chairman the world's biggest oil and gas firm Saudi Aramco, said at the World Economic Forum in Davos the price of oil at its 12-year low it hit in early January was "irrational," hinting at a possible more hawkish position by the world's second producer of oil.
In addition, the United States government said last Wednesday the nation's oil inventories grew by four million barrels last week, which was 15 percent less than the American Petroleum Institute estimated.
In Dubai Real Air Jordan For Sale , the shares of construction giant Arabtec soared 10 percent.
In a filing to the DFM, the company said as a leader a joint venture with TAV Construction, it has received a letter of intent from the ministry of transportation and telecommunication affairs in Bahrain for the main works of the Bahrain International Airport Modernization Program.
The project will be funded by the Abu Dhabi Fund For Development. The value of a possible contract was not disclosed.
Emaar Properties, the biggest developer in the region surged eight percent.
The DFM's sister market ADX in Abu Dhabi climbed 2.73 percent to hit 3,839.05 points.
Regional markets benefitted from the lift in oil prices above 30 dollars per barrel, said Dubai-based economist Dr. Nasser Saidi.
Market sentiment also improved amid tailwinds from Europe. European indices recovered last week "especially after ECB President Draghi raised expectations of further liquidity injections and gave assurance that the banking sector in the Eurozone is solid Real Jordan Retro For Sale ," said Saidi in his weekly analysis released earlier Sunday.
In Doha, the Qatar Exchange 20 Index advanced 4.63 percent to reach 8,981.61 points. Real estate companies in particular were demanded.
Market bellwether Industries Qatar finished the bullish Sunday 6.66 percent higher.
The Riyadh-based Saudi Stock Exchange index advanced 4.06 percent in late trading.
BEIJING, April 5 (Xinhua) -- Chinese listed firms in traditional and emerging industries posted diverging results for 2015 as the country shifts its economic gears in the face of continued slowdown.
As of Monday, 104 out of 1,303 companies had reported losses for last year Real Jordan Shoes For Sale , with over 70 percent of them in manufacturing and the remainder mainly in property and extractive industries, according to data from eastmoney, a financial data website.
Twelve of them, including industrial giants in steel smelting and coal mining, witnessed huge losses exceeding 1 billion yuan (154.65 million U.S. dollars). Chongqing Iron & Steel Company suffered the most, swallowing a loss of nearly 6 billion.
The lackluster performance by publicly traded companies shows the struggle traditional heavy industries face amid sagging global economic recovery and domestic industrial overhaul. Squeezed by excess production and shrinking demand Air Jordan Shoes For Sale Online , factories are still confronted with major challenges.
Shen Meng, executive director of Chanson Capital, a boutique investment bank, said companies with losses will have a hard time reversing the situation in the short term as demand remains weak and more time is needed to explore new markets.
"Given an ongoing shift in economic engines and flagging domestic and overseas demand, companies in traditional sectors have to step up their transformation and improve the added value of their products to survive," Shen said.
While the sluggish growth bit into the profits of heavy industries Air Jordan Retro For Sale Online , firms in emerging and high-tech sectors told a different story.
China's largest new energy vehicle (NEV) maker BYD raked in 2.83 billion yuan in net profits in 2015, up more than 550 percent year on year. Helped by government support ranging from subsidies to tax breaks, the NEV sector boomed last year as annual production quadrupled to 379,000.
A majority of growth and high-tech companies have also reported stellar growth for 2015, including those in new energy, medicine and information technology.
The China Enterprise Management Science Foundation said in an early report that sectors including robotics and intelligent equipment will continue to outpace traditional industries.
To arrest the economic slowdown Air Jordan For Sale Online , China is restructuring its industries to sustain growth, encouraging new sectors and reforming the old. Emerging industries, such as robotics, intelligent equipment, drones and high-speed railways, are becoming China's new economic engines Jordan Retro For Sale Online , analysts said.
"Burgeoning new industries will revitalize the Chinese economy in the long run," said Song Kun, fund manager of E Fund Management Co.
The output of emerging industries is expected to account for 15 percent of GDP by 2020, up from the current 8 percent.
More than 1,300 companies traded on the Shanghai and Shenzhen bourses have released their annual reports, nearly two-thirds of which saw profits increase.
NAROK， Kenya， April 10 (Xinhua) -- The Kenyan government has kicked off a five-day nationwide polio vaccination campaign， targeting 9 million children under the age of five.
Health Cabinet Secretary Cleopa Mailu who launched the exercise on Saturday in Narok， about 120km southwest of Kenya said the campaign which will run in all 47 counties and aims at protecting the children， the community and create a polio free Kenya.
Mailu said coverage for fully immunized .
