Egypt Growth in Past Fy Hits 4.2 Percent, but Major Investments Needed
December 7, 2015--Egypt's economy grew by 4.2 percent in the fiscal year 2014/2015,
which ended last June, nearly double that of the previous year which was 2.2 percent, the planning minister said on Saturday.
BlueStar Israel Equity Update: December 2015
"Not much to be thankful for"
December 4, 2015--Israeli Global Equities, as measured by BIGI®, declined in November, after staging a strong rebound in October.
BIGI® declined 1.09% in November, underperforming both US and European markets, but outperforming Emerging Markets.
Only two of the 10 sectors tracked by BIGITM rose during the month. Financials were the worst performing sector due to muted earnings and outlooks for the major banks and pending regulatory changes that will force them to divest of their highly profitable credit card operations.
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Oil's tumble may dampen Gulf; Egypt may test resistance Markets to consolidate before OPEC meeting Gulf markets mixed, focus on MSCI changes New Islamic cross currency swap standard published Gulf markets mixed in opening minutes Saudi may test chart barrier, most markets to consolidate Gulf mixed in thin trade, Arabtec flat Egypt: Egypt's Stock Market Dips Amid Heavy Selling
December 3, 2015--A fresh tumble of oil prices overnight looks likely to dampen Gulf stock markets,
while Egypt may continue testing technical resistance.
December 2, 2015--Middle East stock markets look set to consolidate, possibly with a slight downward bias due to modest volumes and a lack of
fresh buying interest, as Friday's OPEC meeting approaches.
November 30, 2015-Gulf stock markets were mixed in quiet early trade on Monday with activity focusing on changes in MSCI index constituents.
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November 27, 2015--The International Swaps and Derivatives Association (ISDA) and the International Islamic Financial Market (IIFM) have published a new Islamic hedging product standard, the ISDA/IIFM Himaayah Min Taqallub As'aar Assarf (Islamic Cross Currency Swap) for use in Islamic hedging transactions.
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November 26, 2015--Gulf stock markets were mixed in the opening minutes of
trade amid a lack of fresh corporate news to spur buying.
November 25, 2015--Saudi Arabia's stock market may test technical resistance on Wednesday but most Middle Eastern
bourses look set to consolidate in the absence of positive corporate news.
November 24, 2015--Gulf stock markets were mixed in thin trade early on
Tuesday as a management change at Dubai builder Arabtec failed to boost the stock.
November 23, 2015--The Egyptian stock exchange dropped on Monday,
reversing a climb in the first few minutes of trading, with retreats across its three main indices.