Middle East ETF News Older than One Year
Mideast Stocks: Property stocks hurt Dubai, industrials lift Egypt
January 8, 2019--The Dubai stock market reversed course to slide on Tuesday as its property shares fell, while Egypt's blue-chip index gained for a fifth straight session, aided by its industrial stocks.
Source: Zawya.com
Mideast Stocks: Egypt falls for fifth day, banks boost Qatar
December 26, 2018--Egypt's blue-chip stock index fell for a fifth straight day on Monday, while Saudi Arabia edged up as oil prices rebounded moderately after plunging nearly 8 percent at the end of last week.
Source: Zawya.com
Mideast Stocks: Gulf moves sideways despite oil tumble, banks boost Egypt
December 26, 2018--Gulf stock markets largely moved sideways on Wednesday despite Brent oil's LCOc1 decline below $50 a barrel for the first time since July 2017, while Egypt's blue-chip index rose sharply, led by rebounding bank shares.
Source: Zawya.com
Mideast Stocks: Real estate hurts Dubai, all major Gulf markets fall
November 20, 2018--Real estate shares led Dubai stock market lower on Thursday, while all major Middle Eastern bourses fell with other global equity markets
Source: Zawya
Mideast Stocks: Banks drive Egypt gain, petrochemicals boost Saudi
December 17, 2018--A rebound in bank shares lifted Egypt's blue-chip stock index on Monday, while petrochemicals boosted Saudi Arabia's index.
The Egyptian blue-chip index was up 1.7 percent-about twice the rise of the broader EGX100 index-as the biggest bank, Commercial International Bank (COMI), increased 3.5 percent.
Source: Zawya.com
Mideast Stocks-Qatar gains on QAMCO debut, most Gulf markets fall
December 16, 2018--Gulf shares ended mostly lower on Sunday, hurt by a fall in global markets on Friday, but Qatar shares bucked the trend after a successful debut of Qatar Aluminium Manufacturing Co.
Source: Zawya.com
IMF-How Should GCC Countries Diversify Their Economies And Promote Inclusive Growth?
December 9, 2018--Recent volatility in oil prices underscore the need for the six countries in the Gulf Cooperation Council (GCC)-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates-to continue their reforms to diversify their economies and encourage strong, stable, and inclusive growth.
Two recent IMF papers examine how greater openness to trade and foreign investment and more developed and inclusive financial sectors can help attain these goals.
Source: IMF
Mideast Stocks: Dubai plummets to multi-year lows, oil trips up Saudi
December 6, 2018--Dubai's stock market plunged to its lowest level in more than five years on Thursday as real estate stocks continued to slide while weak oil prices pressured the Saudi market.
Source: Zawya.com
Mideast Stocks: Oil rally boosts Qatar, Saudi; Egypt hits one-year low
December 4, 2018--Qatar's stock market rose sharply on Monday and Saudi stocks gained, helped by a surge in oil prices, which boosted their banks and petrochemical stocks, while Egypt slumped to its lowest in a year.
Source: Zawya.com
Qatar to withdraw from OPEC and focus on gas exports
December 3, 2018--Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader Saudi Arabia and marring efforts to show unity before this week's meeting of exporters to tackle an oil price slide.
Source: Zawya.com
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