Middle East ETF News Older than One Year


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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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.

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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.

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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.

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Source: Zawya.com


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...

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Source: AMEinfo


Government reshuffle buoys Saudi market

May 9, 2016--A sweeping reorganisation of Saudi Arabia's economic policy-making apparatus boosted shares there.<

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Source: Zawya.com


Saudi stock market rises after gov't reshuffle

May 8, 2016--Saudi Arabia's stock market rose in early trade on Sunday after the king announced a sweeping reorganisation of the economic policy-making apparatus.

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Source: Zawya.com


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.

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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

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Source: AMEInfo


Tadawul sees improved chance of MSCI index inclusion

May 4, 2016--Biggest bourse in GCC says settlement system changes increases inclusion possibility

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Source: Meed


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