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Gulf pulls back on weaker oil
May 19, 2016--Gulf stock markets lost ground in early trade on Thursday after oil prices retreated and Asian stocks fell.
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Oil near $50 may support Gulf bourses, but Egypt may slip
May 18, 2016--Trading volumes have been shrinking since last week, as the market has been mainly driven by day traders who want a quick profit.
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Gulf may trade narrowly, supported by oil
May 17, 2016--Gulf markets activity may not pick up significantly over the next two months, during the holy month of
Ramadan and the summer season.
UAE capital markets regulator approves new system of listing shares
May 16, 2016--The Securities and Commodities Authority in the UAE approved a new system to organise the issuance and listing of public joint stock companies' shares.
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Gulf markets edge up on strong oil price
May 12, 2016--Gulf stock markets edged up in early trade on Thursday after Brent crude oil futures surged 4.6%.
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Gulf edges up in quiet trade, focus on smaller stocks
May 11, 2016--Most Gulf stock markets edged up in quiet trade early on Wednesday, buoyed by an overnight rise in oil prices and U.S. bourses.
Looming slowdown to hurt GCC Islamic banks-S&P
May 10, 2016--Financial performance of Islamic banks in the GCC countries will be weighed on by the weak economic environment this year and 2017, according to S&P Global Ratings.
Gulf bourses wilt as oil dampens sentiment
May 10, 2016--Bourses in the Gulf edged lower on Tuesday after oil prices pulled back overnight and Asian shares weakened.
UAE cabinet approves creation of central Islamic finance authority
May 9, 2016--The United Arab Emirates' cabinet has approved the creation of a centralised sharia authority that will monitor and set standards for Islamic finance in the country, aiming to boost growth of the industry.
The authority, to be designed and established by the central bank, will supervise the sharia boards of individual banks and financial...
Government reshuffle buoys Saudi market
May 9, 2016--A sweeping reorganisation of Saudi Arabia's economic policy-making apparatus boosted shares there.<