UAE stocks have more room for growth | GulfNews.com:
"The UAE stock market is capable of growing by around 15-20 per cent next year while the short- to medium-term outlook is bullish, industry experts said.
“Real estate shares are recovering due to the recovery in real estate market, Dubai in particular. Abu Dhabi realty sector still has room for growth in 2014. The recovery in Abu Dhabi real estate market has not reached the same level as in Dubai,” Mohammad Ali Yasin, managing director at NBAD Securities, told Gulf News.
Emirates NBD, Emaar, Waha Capital, DIB and Dubai Investments have done pretty well this year.
The best performers on Dubai bourse for the year are Union Properties with 206.33 per cent, DIC with 187.56 per cent, Deyaar with 183.24, DIB with 164.68 per cent and GGICO by 150.86 per cent.
The bellwether Emaar rose 100.53 per cent year to date while Emirates NBD by 117 per cent."
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