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Gulf markets rise modestly on firm oil prices
April 13, 2016--Gulf stock markets rose moderately in early trade on Wednesday, encouraged by an overnight jump in oil prices and strength in Asian bourses after strong Chinese trade data.
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Bank results drive up Saudi shares
April 12, 2016--Positive earnings from banks could drive the Saudi shares up today.
Two Saudi lenders reported earnings beating expectations
Bank shares boost Saudi bourse
April 12, 2016--Banking shares helped lift Saudi Arabia's bourse in early trade on Tuesday as two lenders beat analysts' earnings forecasts, amid a positive mood in other Gulf bourses.
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view the MENA Economic Monitor, Spring 2016: Reconstruction for Peace in Syria
Gulf may consolidate as investors eye earnings
April 11, 2016--Stock markets in the Gulf may rise on Monday as oil prices stabilise over $42 a barrel, encouraging investors to focus on long-term fundamentals.
Riyadh's index will continue to be driven by earnings announcements, which have already set the tone for how companies in the kingdom are performing in light of a slowing business cycle.
AMF Releases March 2016 Edition of "Arab Economic Outlook Report"
April 9, 2016--Arab Monetary Fund Releases March Edition of "Arab Economic Outlook Report" Including Forecasts of Macroeconomic Performance for Arab Countries in 2016 and 2017
Arab Economies are Expected to Grow by 2.8 Percent in 2016 and 3.1 Percent in 2017
As part of its continuous efforts to support policy makers in the Arab region, the Arab Monetary Fund (AMF) releases March edition of the "Arab Economic Outlook" report which includes projections for the macroeconomic performance of Arab Countries in 2016 and 2017.
The report has outlined the challenges facing the world economy in the next two years. It is expected that OPEC producers will reach an agreement not to further increase oil production level, which in conjunction with the decline in oil shale production will strengthen oil prices and bring about a relative stability in the oil market. It is projected that the average price of oil will be $40 per barrel in 2016.
Nasdaq Dubai welcomes listing of two Sukuk from the government of Indonesia valued at USD 2.5 billion
April 5, 2016--Nasdaq Dubai has welcomed the listing of two Sukuk issued by the government of Indonesia with a total value of 2.5 billion US dollars.
The total nominal value of Sukuk currently listed on Dubai's exchanges has now reached 42.31 billion US dollars, strengthening its position as the largest centre globally for Islamic bond listings.
Value of Arab capital markets falls to USD984.3bn
April 5, 2016--The total value of Arab capital markets reached USD 984.3 billion (AED 3.61 trillion) by the end of the first quarter of this year, marking a drop of 7.1% (USD 75.7 billion) from the USD 1.06 trillion recorded by the end of 2015.
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Gulf markets edge down after oil pulls back
March 31, 2016--Gulf stock markets edged down early on Thursday in the absence of fresh, positive news, and after oil prices pulled back slightly overnight.
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Gulf markets mixed, Dubai bounces from support
March 30, 2016--Gulf stock markets were mixed in quiet, early trade on Wednesday though Dubai's index bounced from technical support.
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