Middle East ETF News Older than One Year
Gulf bourses move sideways, little optimism over oil deal
February 17, 2016--Gulf stock markets mostly moved sideways in quiet, early trade on Wednesday as investors held out little hope that a proposed deal among oil producers would support crude prices much.
Source: Zawya.com
Rebound in oil, global equities lifts UAE but Qatar sags
February 16, 2016--A return of some risk appetite to global equity markets and a recovery in oil prices helped lift United Arab Emirates bourses in early trade on Tuesday, while Qatar sagged after a sell-off in major blue chips.
Source: Zawya.com
Middle East stock markets may gain after oil, global equities recover
February 16, 2016--Brent crude futures have jumped 3.8 percent to $34.67 in early Asian trade.
Source: AME Info
Egypt: EGX Indexes Rise Collectively
February 16, 2016--The Egyptian Stock Exchange (EGX) indexes closed up on Monday 15/2/2016 backed by share purchases by Arab and foreign individuals.
Source: AllAfrica.com
Egypt: Egypt Bourse Records Collective Gains
February 12, 2016--Egypt's bourse indices recorded collective gains at the end of Wednesday's 11/2/2016 trading, amid intensive purchases by institutions and foreign investment Funds.
Source: AllAfrica.com
Oil disappoints Gulf stock markets again
February 10, 2016--Brent crude dropped 7.8 per cent to settle at $30.32 on Tuesday.
Source: AMEInfo
Gulf stock markets edge up as oil gains
February 8, 2016--Global benchmark Brent futures LCOc1 were up 17 cents at $34.23 at 0751 GMT.
Source: AME Info
Saudi bourse uncertain about MSCI entry in 2017
February 7, 2017--Saudi Arabia's stock exchange is not certain that it can join international index compiler MSCI's emerging markets index in 2017, the exchange's acting chief executive was quoted as saying.
Source: Zawya.com
Economic Effects of War and Peace in the Middle East and North Africa
February 4, 2016--The World Bank's latest Quarterly Economic Brief for MENA has revised estimates of economic growth in MENA, at 2.6 percent in 2015, falling short of expectations from the 2.8 percent predicted in October.
Being constrained by war, terrorism and to some extent cheap oil, short term growth prospects remain "cautiously pessimistic". The report examines the different ways in which civil wars are affecting the economies of the region, including the important channel of forced displacement, which has become a crisis.
view the MENA Quarterly Economic Brief, January 2016: The Economic Effects of War and Peace
Source: World Bank
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
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