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Investors like Qatar National Bank USD3bn loan initiative
February 17, 2015--The Qatar Exchange 20 Index gained for the seventh session straight, ending 0.34 per cent higher at 12,667.33 points.
The country's biggest lender Qatar National Bank closed 1.50 per cent higher at QAR196.
Abu Dhabi market gains on crown prince's comments
February 17, 2015--The Abu Dhabi equity market measure ADX General Index gained 0.55 per cent to reach 4,647.04 points on Monday, February 9.
Earlier in the day, H H Sheikh Mohamed bin Zayed Al Nahyan, the crown prince of Abu Dhabi and deputy defence minister of the UAE, said at the third UAE government summit, which...
Egypt: Steadfast Reforms Key for Economic Stability, Jobs, Growth
February 11, 2015--Current reform plans positive for growth, jobs, economic stability
Steady implementation vital to achieve goals, manage external, internal risks
Policies to address economic vulnerabilities can also help raise living standards
view the IMF 2014 ARTICLE IV CONSULTATION—STAFF REPORT; ARAB REPUBLIC OF EGYPT
MIDEAST STOCKS-Gulf markets pull back slightly on debt rating cuts, oil
February 10, 2015--Saudi's Dar Al Arkan drops after debt rating outlook cut
Dubai index fails to break through major chart barrier
Dubai's DAMAC plunges further after dividend disappointment
Banks drag
Egypt's Ezz Steel rises as chairman plans to run for parliament
Gulf stock markets pulled back slightly on Tuesday after oil prices slipped...
Gulf markets edge down after rating cuts, oil's pullback
February 10, 2015--Most Gulf stock markets edged down in early trade on Tuesday after oil prices slipped and Standard and Poor's cut credit ratings
and outlooks for several countries in the region.
Decline in oil price saves Egypt EGP 30bn
Egypt is expected to issue the Unified Investment Law by the end of February
February 9, 2015--The sharp decline in crude oil prices over the past five months ended up saving Egypt EGP30 billion, Youm7 reports citing the Minister of Investment.
Since June, the price of crude oil per barrel is down more than 40 per cent.
Minister Ashraf Salman made his remarks during Pepsico’s conference on Sunday.
BlueStar Global Investors-Israeli Equities Hit by Global Volatility Despite Acceleration in Domestic Activity
February 6, 2015--The BlueStar Israel Global Index(R) (BIGI(R)) declined 2.38% in January while the BlueStar Israel Global Technology Index(TM) (BIGITech(TM)) declined 3.10%.
Israeli equity market returns were primarily driven by exogenous factors, including the continued decline in global energy prices, the continued strength of U.S. dollar and the long anticipated announcement of a new European quantitative easing program.
Dubai index jumps the most in Gulf with rebounding crude oil
February 4, 20154--Dubai index jumped nearly 2.5 per cent on Tuesday on the back on the rebounding crude oil.
Other indices in the Gulf region also extended gains.
Weak Asia input weighs on Dubai shares
February 2, 2015--The rally at the Dubai financial market (DFM) general, which started on Sunday, was halted as the gauge lost 1.07 per cent to close at 3,799.18 points on Monday, February 2.
Earlier in the day, HSBC said China's purchasing managers' index, a snapshot for business activity, climbed slightly in January 2015 to 49.7 points from...
Banks keep Bahrain bourse up
February 2, 2015--In Manama, the Bahrain All-Share Index added 0.26 per cent to hit 1,422.75 points on Monday, February 2.
Al Salam Bank Bahrain jumped 7.44 per cent to reach BD0.13. Islamic bank Ithmaar Bank and Khaleeji Commercial Bank advanced by 2.22 per cent and 1.27 per cent, respectively.
