Middle East ETF News Older than One Year


Saudi rises sharply on oil price hopes, Egypt firm

February 18, 2016--Saudi Arabia's stock market rose sharply in early trade on Thursday on hopes for a global agreement to prop up oil prices, while Egypt's bourse was firm.

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Source: Zawya.com


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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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view the MENA Quarterly Economic Brief, January 2016: The Economic Effects of War and Peace

Source: World Bank


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