AME Info, Abu Dhabi, United Arab Emirates, business briefs column.(Column)

Oct. 31--DFM, ADSM FINISH HIGHER: The Dubai Financial Market was up 87.09, or 1.68 percent, to finish on 5,279. Salam International was the index's big gainer, up 14.92 percent. Meanwhile, the Abu Dhabi Securities Market also ended the day higher, up 58.02 points, or 1.38 percent, to finish on 4,271. National Marine Dregding Company was the index's big gainer, up 9.45 percent.

SHUAA CAPITAL REVENUES UP 62 PERCENT: Dubai-based Shuaa Capital has reported that revenues increased to Dhs277.2m ($76m) for the half-year period ending September 30, a 62 percent rise over the first half of the same period last year. Earnings per share were up to Dhs0.226 per share from Dhs0.179, which represents a year on year rise of 18 percent.

GLOBAL SUKUK MARKET CLIMBS: Global Sukuk issuances totalled $37.3bn in the third quarter, up 110.7 percent over the previous year, according to a report by the Islamic Finance Information Service. Malaysian Ringgit denominated Sukuk made up for 54 percent or $20.1bn of the global Sukuk market, the report noted, while Sukuk listed on the Dubai International Financial Exchange and London Stock Exchange amounted to $16.14bn and $7.2bn respectively.

KIPCO PROFIT TRIPLES: Kuwait Projects (Kipco), a diversified holdings firm, has reported that its third-quarter profits more than tripled as revenues soared on growth of financial services, real estate and industrial businesses, reported Reuters. The company made 42.96 million dinars ($155m), or 42.23 fils per share, ...