Egypt: Egypt Stock Market Pushed Up By Rising Oil
January 25, 2016--The Egyptian stock exchange's main indices rallied on Sunday, the first trading session of the week as rising oil prices pushed Egypt and Gulf markets up.
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Middle East stock markets rally as oil rebounds
January 24, 2016--Dubai soared 6.4 per cent at the opening.
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Gulf trades narrowly as investors remain nervous
January 21, 2016--Most Gulf bourses traded narrowly early on Thursday as investors lacked the optimism to buy back beaten-down stocks aggressively, despite attractive valuations after the bear trend of the past several weeks.
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Gulf sells off in early trade as oil, Asian mkts slip
January 20, 2016--Gulf bourses sold off in early trade on Wednesday as investors cashed out on renewed worries over low oil prices and a global equity market rout, proving the previous day's gains were not solid.
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Islamic finance set sights on standard for gold-based products
January 20, 2016--Until now gold has been treated mostly as a currency in Islamic finance, limiting its use to spot transactions
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Oil drops below $28, region's markets plummet
January 20, 2016--Oil hits a 12-year low as Asian equities hit a four-year low.
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Mideast bourses rebound from multi-year lows
January 19, 2016--The Saudi stock index jumped 4 percent on Tuesday.
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Dubai rebounds as top bank reports strong Q4; region stronger
January 18, 2016--Dubai's stock market rebounded moderately in early trade on Monday after the emirate's largest bank reported better-than- expected earnings.
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Markets may extend declines after oil falls below $28
January 18, 2016--Middle East stock markets may face further declines on Monday after oil slumped as much as 4 percent and Asian shares slid to their lowest level since late 2011.
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Gulf bourses follow Asian shares, oil lower
January 14, 20916--Gulf stock markets declined in early trade on Thursday as investors cashed out after a sell-off in Asian shares, and after Brent crude oil 1 dipped below USD 30 a barrel.
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