Middle East ETF News Older than One Year


Egypt Foreign Exchange Reserves

July 9, 2015--Foreign Exchange Reserves in Egypt increased to 20080 USD Million in June of 2015 from 19582 USD Million in May of 2015.

Foreign Exchange Reserves in Egypt averaged 23241.48 USD Million from 2003 until 2015, reaching an all time high of 36038 USD Million in December of 2010 and a record low of 13448 USD Million in March of 2013. Foreign Exchange Reserves in Egypt is reported by the Central Bank of Egypt.

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Source: Trading Economics


GCC markets outperform peers in Q2 2015-NBK

July 9, 2015--Most regional markets rallied in 2Q15 led by a strong performance by the UAE markets.

Gulf firm, QNB lifts Qatar after Q2 earnings

July 9, 2015--Qatar National Bank's shares rose 0.9 per cent after the bank

posted a 10 per cent rise in quarterly net profit to 2.91 billion riyals

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Source: AMEInfo


Dubai market gains on institutional investment

July 8, 2015--Amlak volatility drives high trading volumes.

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Source: Meed.com


Gulf falls on oil, Greece; Dana Gas continues surge

July 7, 2015--While Dubai's stock index slid 0.9 percent,

Abu Dhabi edged up 0.1 percent

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Source: AMEInfo


-BlueStar Israel Equity Update June/July 2015-Israeli Global Equities Impacted by Global Market Turmoil

July 7, 2015--Israeli global equities, as measured by BIGI(R), traded sideways for most of June before falling sharply in sympathy with global equities as the Greek crisis reached a crescendo during the last three trading days of the month. Nevertheless, the index outperformed most developed and emerging markets in June.

BIGI(R) declined 1.25% in June, closing at 300.36, and now stands 2.98% below the all-time high reached in April. June economic data pointed to moderate economic growth, though at a level well-below forecasts at the beginning of the year.

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Source: BlueStar Indexes


Palestine Exchange-Investor Monthly Newsletter Issue #63, June 2015

July 6, 2015--The Palestine Exchange-Investor Monthly Newsletter Issue #63, June 2015 is now available.

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Source: Palestine Exchange(PEX)


MIDEAST STOCKS-Egypt sinks as Emaar Misr listing disappoints; Gulf mixed

July 5, 2015--Emaar Misr moves little from IPO price
Cairo index enters important technical support area
Almarai strong in Saudi after Q2 earnings
Drake & Scull surge on after easing ownership curb

Dana Gas soars after reports on Kurdistan ruling

Egypt's stock market maintained its downtrend on Sunday as a weak debut by Emaar Misr, the biggest listing since 2007, further hurt sentiment.

GCC economic activity fell by just under 30 per cent during in H1 of 2015

July 2, 2015--Project awards, mergers and acquisitions activity, and company earnings are all down by close to 30 per cent

Average daily oil prices down by 46.9 per cent during first half of 2015

Investor confidence has been subdued this year. Economic activity in the GCC fell by just under 30 per cent during the first half of 2015, according to three key metrics.

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Source: Dubaichronicle.com


Egypt falls on security worries; Saudi market flat

July 2, 2015--Egypt market slid 0.5 per cent to 8,333 points while Saudi index edged down 0.1 per cent.

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Source: AMEInfo


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