Middle East News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Mideast Stocks: Global rally propels Gulf markets; Saudis lead
June 27, 2019--All major Gulf markets gained on Thursday, reflecting a global equity rally, amid hopes for a U.S.-China trade truce, with Saudi shares getting a further boost from after limits were lowered on foreign share ownership.
Saudi's stock index was up 1.3%, with Arab National Bank rising 7% and Al Rajhi Bank up 1.9%.
view more
Saudi Arabia adds securities to major stock market indices
June 26. 2019--International access to Saudi equities continues to grow on the back of reforms to capital markets and the recent inclusion of dozens of stocks in an influential emerging markets index.
On May 14 index provider MSCI announced it would include 30 Saudi securities in the MSCI Emerging Markets Index at half of their foreign inclusion factor-adjusted market capitalisation.
view more
Mideast Stocks: Saudi extends gains while most Gulf markets drop
June 26, 2019--Saudi Arabia's stock market rose on Wednesday, lifted by Advanced Petrochemical2330.SE, while political concerns continued to weigh on most other Gulf markets.
Saudi's index was up 0.4% after snapping a four-day losing streak in the last session.
view more
Mideast Stocks: Most Gulf markets drop after U.S. slaps new sanctions on Iran
June 25, 2019--Saudi Arabia's share index was down 0.2% in early traded, dropping for a fifth straight session
Major Middle East stock markets mostly fell on Tuesday after the United States imposed sanctions on Iran's leadership, a move Tehran said closed the door to diplomacy.
view more
Mideast Stocks: Saudi stocks end losing streak, Iran sanctions weigh on most of Gulf
June 25, 2019--Saudi Arabia's stock market snapped a four-day losing streak in late wave of buying on Tuesday, while other major Middle East bourses dropped after the United States imposed sanctions on Iran's leadership.
view more
Mideast Stocks: Saudi Arabia falls for a fourth day on Gulf concerns
June 24, 2019--Saudi Arabia's stock market dropped for a fourth straight day on Monday as geopolitical concerns in the Gulf region weighed.
Yemen's Houthi movement attacked Abha airport in southern Saudi Arabia on Sunday, killing one person and wounding 21 others, the Saudi-led coalition in Yemen said.
view more
Mideast Stocks: Geopolitical concerns continue to weigh on Saudi, Egypt extends losses
June 24, 2019--Saudi Arabia's stock market fell sharply on Monday to drop for a fourth straight session as geopolitical concerns in the Gulf region weighed, while Egypt's blue-chip index also extended its losing streak.
view more
Mideast Stocks: Saudi leads major Middle East markets lower as regional tensions worsen
March 23, 2019--Middle Eastern stock markets fell on Sunday, led by Saudi Arabia, as political tensions ramped up after U. S. President Donald Trump announcing new sanctions on Iran.
view more
Mideast Stocks: Saudi shares fall as U.S.-Iran tensions worsen; real estate lifts Dubai
June 20, 2019--The Saudi index, which fell the day before, dropped another 1.3%, with most of its banking shares sliding
Saudi Arabia's stock market fell on Thursday amid escalating tensions in the Middle East after a U.S. drone was shot down by Iranian missile, while Dubai rose on back of its real estate shares.
view more
Mideast Stocks: Most of Gulf rises as oil rallies but Saudi extends losses
June 20, 2019--Most major Gulf markets rallied for the third straight session on Thursday as oil prices rose, and rekindled U.S-China trade talks also cheered investors mood, while Saudi extended losses on worsening regional geopolitical tensions.
Oil prices rose by more than 3% to above $63 a barrel after Iran shot down a U.S. military drone, raising fears of a military confrontation between Tehran and Washington.
view more
