Egypt to launch Middle East's first commodities exchange by end-2016
February 1, 2016--Egypt plans to launch the Middle East's first commodities trading exchange by the end of 2016, Supplies Minister Khaled Hanafi said on Monday.
Egypt announced plans to set up a global commodities centre back in 2014 but gave few details at the time.
Source: Reuters
Israel's economy is sound but it urgently needs to address productivity, inequality and poverty
January 31, 2016--Israel's economy has strong fundamentals, but the country needs to address productivity, inequality and poverty if it wants to improve well-being and reduce socio-economic divides, according to the OECD's latest Economic Survey of Israel.
The release coincided with the fifth anniversary of Israel's accession to the OECD. The Survey was presented by OECD Secretary-General, Angel GurrĂa, to Prime Minister Benjamin Netanyahu during a cabinet meeting today.
view the Economic Survey of Israel 2016
Source: OECD
Gulf bourses rise after Russia raises oil output issue
January 28, 2016--Stock markets in United Arab Emirates and Qatar rose in early trade on Thursday as oil prices held above USD 30 a barrel.
Source: Zawya,com
Dubai, Qatar rise; banks weigh on Abu Dhabi
January 27, 2016--Dubai and Qatar's stock markets rose in early trade on Wednesday following a bounce back in oil prices since those bourses last traded, while blue-chip banks weighed on Abu Dhabi.
Source: Zawya.com
UAE, Qatar trade lower as oil turns south
January 26, 2016--Stock markets in the United Arab Emirates and Qatar fell in early trade, following Asian shares lower as oil prices broke below the USD30 a barrel mark.
Source: Zawya.com
Gulf trades narrowly as investors remain uneasy
January 25, 2016--Most Gulf bourses traded narrowly on Monday, with investors torn between betting on further gains following a sharp rebound a day earlier.
Source: Zawya.com
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.
Source: AllAfrica.com
Middle East stock markets rally as oil rebounds
January 24, 2016--Dubai soared 6.4 per cent at the opening.
Source: AME Info
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.
Source: Zawya.com
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.
Source: Zawya.com