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Markets to consolidate before OPEC meeting
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.
Gulf markets mixed, focus on MSCI changes
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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New Islamic cross currency swap standard published
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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Gulf markets mixed in opening minutes
November 26, 2015--Gulf stock markets were mixed in the opening minutes of
trade amid a lack of fresh corporate news to spur buying.
Saudi may test chart barrier, most markets to consolidate
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.
Gulf mixed in thin trade, Arabtec flat
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.
Egypt: Egypt's Stock Market Dips Amid Heavy Selling
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.
Oil, global markets to weigh on Gulf
November 23, 2015--Weak oil prices and global markets look set to weigh on Gulf bourses on Monday and may cut
short a rebound in Saudi Arabia.
Investors warn of liquidity crunch volatility
November 22, 2015--Financial markets face greater price swings in the coming year as anticipated Fed rate hikes
exacerbate an environment of reduced liquidity.
Markets to consolidate with firm technical bias
November 22, 105--Major Middle Eastern stock markets look set to consolidate on Sunday with a firm bias thanks to
positive short-term technical signals.