Saudi bourse to face further selling pressure
May 5, 2016--Saudi Arabia's index is likely to face further selling pressure on Thursday as sustained declines on global bourses and a lack of domestic stock-moving news offer Riyadh investors little motivation to commit more money to the market.
Source: Zawya.com
Saudi working on SME bourse rules for early 2017 launch-bourse chief
May 4, 2016--Saudi Arabia is working to finalise the rules for a new stock market dedicated to small and medium-sized businesses that it expects to launch early in 2017, the chief executive of Tadawul, the kingdom's bourse, said on Tuesday.
Tadawul announced last month that it planned to open the new exchange next year in a
Source: AMEInfo
Tadawul sees improved chance of MSCI index inclusion
May 4, 2016--Biggest bourse in GCC says settlement system changes increases inclusion possibility
Source: Meed
Tadawul sees improved chance of MSCI index inclusion
May 4, 2016--Biggest bourse in GCC says settlement system changes increases inclusion possibility
Source: Meed
Saudi Arabia lowers stock investment restrictions
May 4, 2016--Market regulator reduces criteria of assets under management for institutional investors to attract investments.
Source: Meed
Saudi opens door to short sellers
May 3, 2016--Regulator looks to sharpen appeal of $400bn bourse.
Source: FT.com
Gulf consolidates, Saudi unmoved by market reforms
May 3, 2016--Gulf stock markets consolidated in quiet early trade on Tuesday with Saudi Arabia's bourse unmoved by the announcement of reforms designed to stimulate trading and draw fresh foreign money into the market.<
Source: Zawya.com
Dubai Financial Market Q1 net profit rises 27 per cent
May 1, 2016--Dubai Financial Market (DFM), the Gulf's only listed stock exchange, reported a 27 percent rise in first-quarter net profit on Sunday as trading activity increased.
Source: AMEInfo
Abu Dhabi, Dubai pulled down by banks
April 28, 2016--Share price declines among leading banks in UAE after disappointing quarterly earnings reports pulled down stock markets there, while Saudi Arabian shares edged down.
Source: Zawya.com
Mixed Q1 earnings may drive markets
April 28, 2016--Mixed first-quarter earnings may drive Gulf stock markets on Thursday, after three Abu Dhabi banks came in on the low side of expectations but Qatari telecommunications operator Ooredoo beat estimates by a large margin.
Source: Zawya.com