Middle East ETF News Older than One Year
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.
One Champion but No Team
October 5, 2015--While other emerging regions thrived, the Middle East and North Africa's (MENA's) aggregate export performance has been consistently weak over the past two decades.
Using detailed firm-level export data-collected from Customs administrations-the publication, Champions Wanted, explains why.
A central finding of the book is that the size distribution of MENA's exporting firms point to critical weaknesses at the top.
Source: World Bank
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
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: Zawya.com
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.
Source: Zawya.com
Gulf edges up in thin trade after global environment improves
September 30, 2015--Gulf stock markets edged up in early trade on Wednesday after the global market environment improved
but modest trading volumes indicated investors were not prepared to bet on an extended rally.
Source: Zawya.com
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