Middle East ETF News Older than One Year
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.
Source: Zawya.com
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.
Source: Zawya.com
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
Source: Zawya.com
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.
Source: AME Info
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.
Source: AllAfrica.com
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.
Source: Zawya.com
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.
Source: Zawya.com
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
Source: IMF
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.
Source: Zawya.com
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.
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