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Egypt's Economic Outlook-October 2018
Latest Issue: October 2018
October 3, 2018--Sustained and accelerating growth provides evidence of an expansionary fiscal consolidation in a context of a competitive exchange rate and strong supply response in the energy sector to removal of distortions.
Real GDP grew at 5.3 percent in fiscal year (FY) 2018 (July to June), compared to 4.2 percent in the previous year. The pickup is driven by public and private investments and private consumption.
view the World Bank Egypt's Economic Outlook-October 2018
Mideast Stocks: Saudi gains on oil price rally, state spending boost
September 30, 2018--Saudi shares rose 1.3 percent on Sunday to their highest close in more than a month, fueled by an oil price rally and the kingdom's plans to boost state spending.
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Mideast Stocks: Kuwait slides on day of FTSE entry, DSI continues to hurt Dubai
September 24, 2018-- Gulf stocks opened in negative territory on Monday, mirroring a slide in Asian shares after China's decision to cancel talks with the United States increased concerns about a protracted trade war.
Mideast Stocks: Trade concerns weigh on Dubai DP World; Orascom Investment shines in Egypt
September 24, 2018--Gulf stocks traded in negative territory on Monday, mirroring a dip in global market as concerns increased over a trade row between the United States and China.
In Dubai, where the index shed 0.3 percent, contractor Drake and Scull International (DSI) continued to weigh on the index.
UAE real estate shares end lower on Monday, despite positive visa news
September 17, 2018--Shares continue downward trend despite UAE government announcing five-year visa proposals for retiring expats.
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Saudi Stock Exchange records weekly losses, nears correction end
September 14, 2018--The Saudi Stock Exchange (Tadawul) saw a negative performance in the second week of September, on the back of most of the market sectors.
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Mideast Stocks: Saudi falls to six-month low, Qatar at 16-month high
September 13, 2018--Saudi Arabia's stock market fell to a six-month low on Thursday, missing out on a wider emerging markets rebound, but Qatar continued rising to a fresh 16-month high.
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Mideast Stocks: Saudi market reverses some losses after last week's plunge
September 9, 2018--Gulf stock markets closed on a positive note on Sunday, reverSsing some of their losses earlier in the day.
The Saudi index in particular ended up gaining 0.6 percent, after having plunged last week on foreign investors' concerns over emerging markets volatility.
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Saudi Arabia's index drops early in September, stays in positive territory for 2018
September 6, 2018--The Saudi index retreated 3.3 percent in the first week of September, dropping the most compared to its peers in the Gulf.
On Wednesday alone, the Saudi index retreated 3.1 percent, tracking a 1.3 percent drop in the MSCI emerging market index, as worries over trade weighed on emerging markets.
Monthly markets review: Egypt and Abu Dhabi's stock markets outperform in August
September 4, 2018--Most of the region's stock markets declined in value during August, which was a quiet month in terms of trading volumes as many markets closed for a week for the Eid Al Adha holidays.
United Arab Emirates
Abu Dhabi's Securities Exchange was one of the few markets to post gains in August, increasing in value by 2.62 percent.
