Middle East ETF News Older than One 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"
Source: AME Info
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
Source: IMF
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.
Source: AME Info
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
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