Saudi stocks rise on oil, bank earnings; Egypt firm
October 7, 2015--Saudi Arabia's stock market rose in early trade on Wednesday in response to a leap in oil prices and better-than-expected earnings at some banks,
while stronger global equities kept Egypt's market firm.
Gulf rises on strong oil; Dubai tests chart barrier
October 7, 2015--Gulf stock markets rose moderately in early trade after oil prices jumped,
although modest trading volumes on bourses showed many investors remain wary of longer-term direction.
Arab Countries in Transition-Economic Outlook and Key Challenges
October 6, 2015--Summary:The Arab Countries in Transition (ACTs) have had diverging trajectories over the past year and face an uncertain outlook.1 Improvements in the European economy, lower oil prices, and some progress on the policy front have provided tailwinds to growth, which is expected to pick up significantly in Egypt and Morocco.
At the same time, unemployment remains high. Moreover, several of the ACTs have also suffered from intensifying and spreading conflicts that cause widespread human suffering and sizeable economic challenges.
view the Arab Countries in Transition: Economic Outlook and Key Challenge
BlackRock gets Saudi regulatory nod to trade local stocks
October 6, 2015--BlackRock, the world's largest asset manager, has been granted regulatory approval from Saudi Arabia
to trade local stocks, the company said in a statement.
Gulf markets consolidate, no clear direction
October 6, 2015--Gulf stock markets consolidated in quiet trade with no clear direction early on Tuesday as
concern about weak oil prices and tightening bank sector liquidity offset a positive global http://www.zawya.com/story/Gulf_markets_consolidate_no_clear_direction-TR20151006nL8N1260WEX2/" TARGET="_top">view moremarket environment.
Markets to rise on stronger global environment
October 5, 2015--Stock markets in the Middle East look set to rise on Monday because of a stronger global environment
Markets to consolidate, few local, foreign catalysts
October 4, 2015-Middle East stock markets look set to consolidate in quiet trade on Sunday with very few domestic catalysts and a mixed global backdrop.
Gulf mixed amid higher oil prices, global equities
October 1, 2015--Gulf stock markets were mixed early on Thursday, despite higher oil prices, as investors
remained cautious after weeks of volatility in global asset prices.
Citigroup, Ashmore approved to buy Saudi stocks directly
October 1, 2015--Saudi Arabia's Capital Market Authority has granted permission to U.S. bank Citigroup Inc and emerging markets-focused investment manager
Ashmore Group to invest directly in Tadawul, industry sources said.