Middle East ETF News Older than One Year


Crude may continue to depress Gulf markets

December 9, 2015--Middle East bourses may remain subdued as concerns over an oil supply glut continued to weigh on

prices, meaning traders could sit out awaiting positive catalysts to buy back into the market.

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Source; Zawya.com


UAE expects 3 to 3.5 per cent GDP growth in 2015 and 2016

December 8, 2015--Abu Dhabi set to grow nearly 5.2 per cent while Dubai will

clock 4 per cent.

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Source: AME Info


UAE, Qatar mkts fall in broad sell-off; Dubai hits 2015 low

December 8, 2015--Markets in Qatar and the United Arab Emirates slid in a broad sell-off as most buyers await

signs the bourses have bottomed out before committing more cash.

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Source: Zawya.com


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.

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Source: allAfrica.com


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.

view more Source: BlueStar Indexes


Oil's tumble may dampen Gulf; Egypt may test resistance

December 3, 2015--A fresh tumble of oil prices overnight looks likely to dampen Gulf stock markets,

while Egypt may continue testing technical resistance.

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Source: Zawya.com


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.

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Source: Zawya.com


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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Source: Zawya.com


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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Source: tradearabia.com


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.

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Source: Zawya.com


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