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.
view more
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
view more
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.
view more
Mideast bourses rebound from multi-year lows
January 19, 2016--The Saudi stock index jumped 4 percent on Tuesday.
view more
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.
view more
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.
view more
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.
view more
Gulf stock markets sag as oil price dips below $30
January 14, 2016--The global benchmark Brent crude dipped to $29.73 a barrel
view more
Gulf bourses near-flat as oil, Asian mkts steady
January 13, 2016--Gulf stock markets were near-flat in early trade on Wednesday as oil prices steadied and Asian markets advanced.
view more
Mideast markets slump, petchems drag Saudi to 4-yr low
January 12, 2016--Middle East bourses slumped on Tuesday in a broad sell-off as investors cashed out, with petrochemicals the main drag on Saudi Arabia's index
view more