Gulf mixed, Dubai's Shuaa jumps on stake sale hopes
May 24, 2016--Gulf stock markets were narrowly mixed in quiet trade early on Tuesday although Dubai investment bank Shuaa Capital jumped on hopes that it
could be taken over by a major regional firm.
Source: AMEInfo
Egypt bourse expects five new IPOs
May 23, 2016--Stock exchange will witness five new initial public offerings in the coming few months, according to the bourse's chief.
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: AMEInfo
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.
Source: AMEInfo
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.
Source: Zawya.com
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%.
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: AMEInfo
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.
Source: Zawya.com
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