Middle East ETF News Older than One Year
Arab region ranks fourth in investment attractiveness, GCC at the top
July 22, 2015--Mashreq countries rank second after GCC, followed by Maghreb in third
The Arab region ranked fourth globally among seven geographical groups for the second consecutive year, with an average weak performance, according to the Arab Investment and Export Credit Guarantee Corporation (DHAMAN).
DHAMAN's annual report says there is a discrepancy between the performance of the four Arab groups monitored by the report, as GCC countries (Saudi Arabia, UAE, Kuwait, Oman, Qatar and Bahrain) ranked first among Arab countries with a good performance level compared with the global average.
Source: AMEInfo
Goldman Sachs Looks To Saudi Arabian Stocks Following Market Opening
July 22, 2015--Following Saudi Arabia's opening of its near $600 billion stock market to direct foreign investment, Goldman Sachs-which advises clients on over $1 trillion in investment-has applied to own and trade Saudi Arabian stocks, Bloomberg reports, citing people familiar with the matter.
Goldman is seeking a qualified foreign investor permit from the Capital Markets Authority of Saudi Arabia, according to the report.
Source: emergingequity.org
Study: Climate change costs Egypt billions of dollars
July 21, 2015--Nile Delta and the northern coast incurred losses and rising water levels will negatively
affect 600+ resorts and tourism.
Source: AMEInfo
Egyptian Stock Market Lifted After Greece Bailout Deal
July 14, 2015--The Egyptian stock market pushed up on Tuesday, with the benchmark index EGX 30 rising by 1.32 percent, continuing
to make up for heavy retreats last week.
Source: AllAfricanews.com
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.
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
Source: AMEInfo
Dubai market gains on institutional investment
July 8, 2015--Amlak volatility drives high trading volumes.
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
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.
Source: BlueStar Indexes
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
