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Gulf shares languish, Qatar's Nakilat gains on foreign limit
October 20, 2015--Gulf shares lacked direction in thin trading on Tuesday
with a weak oil backdrop making investors shy of increasing risk.
Egypt: Egypt Bourse Gains Egp 2.3 Billion Last Week
October 18, 2015--The Egyptian Exchange closed the past week with gains amounting to EGP 2.3 billion in only four sessions due to
the national holiday of the Hijri (Islamic) new year.
Dubai thriving to become benchmark for Smart cities: Official
October 15, 2015--"Nearly half of the world's 26 Smart cities will arise in emerging markets
, including the Middle East"
IMF-Saudi Arabia: Selected Issues
October 15, 2015--ASSESSING THE IMPORTANCE OF OIL AND INTEREST RATE SPILLOVERS FOR SAUDI ARABIA
1. Oil prices have fallen by over 40
percent since mid-2014 while the Fed is expected in the coming months to
begin raising its policy rate at the beginning of a gradual tightening cycle.
Given the importance of oil to the economy and the peg of the riyal to the
U.S. dollar, these are two key developments for Saudi Arabia. This paper assesses the importance of these shocks to the economy and banking system through a number of methodologies.
view the IMF-Saudi Arabia: Selected Issues
Oil plunge to drive MENA growth lower: Report
But 'GCC members have massive reserves that will act as a buffer' for slump in revenues
October 12, 2015--The current low prices of crude oil and geopolitical turmoil in the Middle East and North Africa region are expected to drive the economic growth of the region's economies lower.
Current projects put growth forecasts at 2.3 per cent, KAMCO Investment Company says in a new report.
Orascom bid for Beltone boosts Egypt; Saudi mixed
October 8, 2015--News that Orascom Telecom Media and Technology is seeking to buy Beltone Financial boosted Egypt's stock market on Thursday,
while Saudi Arabia's market was narrowly mixed after oil prices pulled back.
QNB supports Qatar after earnings, other mkts soft
October 8, 2015--Qatar National Bank supported Qatar's stock market in early trade on Thursday after the bank
reported higher-than-expected third-quarter earnings, while other Gulf bourses were soft after oil and Asian equity prices pulled back slightly.
Talks under way to integrate GCC stock markets
October 8, 2015--Talks are still under way to have an integrated GCC Stock Market and a
meeting in this regard was held as recently as last month in Doha
Gulf stock markets retreat 14 per cent in Q3
October 8, 2015--Causes include turbulent oil markets and geopolitical developments in the Middle East region.
Egypt: IMF Projections On Egypt Growth Less Optimistic Than Government's
October 8, 2015--The International Monetary Fund (IMF) forecast that Egypt's economic growth for 2015 and 2016 will reach 4.2 and 4.3 percent, respectively.