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Mideast stocks: Gulf marginally firmer in early trade
October 15, 2017-- Gulf stock markets were marginally firmer in early trade on Sunday with most Saudi Arabian insurance company shares continuing to rebound from sharp losses last week.
The main Saudi stock index.TASI edged up 0.02 percent in the first hour. Amana Insurance, which had plunged 14.9 percent last week on expectations for a shakeout in the sector caused by tougher regulation, surged 6.6 percent.
Signs of Economic Recovery in Middle East and North Africa But Growth Still Impacted by Instability
October 11, 2017--New World Bank report identifies factors influencing the region's medium to long term growth
Despite a growth slowdown in 2017 at 2.1 percent, economic prospects in the Middle East and North Africa (MENA) region are projected to improve in 2018 and 2019 with growth exceeding 3 percent according to the new World Bank MENA Economic Monitor titled "Refugee Crisis in MENA, Meeting the Development Challenge."
Both MENA's oil exporters and oil importers will benefit from a steady improvement in global growth; increased trade with Europe and Asia; more stable commodity markets, especially oil; and reforms undertaken in some of the countries in the region.
view the MENA Economic Monitor, October 2017: Refugees in MENA, Meeting the Development Challenge
BlueStar Indexes Israel Equity Review & Outlook-Israeli Tech Stocks Continue to Surge, Outpacing US Tech Sector in 2017
October 11, 2017--Israeli Tech Stocks Continue to Surge, Outpacing US Tech Sector in 2017; Strong Fiscal Position Creates New Opportunity for Israel's Economy and Markets
In September, Israeli Global Equities, as measured by the BIGI(R) index and tracked by the VanEck Vectors Israel ETF (NYSE: ISRA), rebounded sharply from August's Teva-driven 6.32% loss.
September's 4.95% gain placed Israeli stocks ahead of leading global equity benchmarks: the S&P 500 gained 2.65%, MSCI EAFE gained 3.14% and MSCI EM posted a small loss of -0.35%.
Dubai breaks another record in the region MIDEAST STOCKS-Gulf soft in early trade; Saudi insurer Metlife surges 2018 will be the year for cryptocurrency in UAE Abu Dhabi draws strong demand as it sells first 30-year bond MIDEAST STOCKS-Gulf markets steady in early trade, SABB Takaful slides Egypt breaks winning streak, Gulf ignores oil slump Saudi under performs region but car-related shares rise again
October 9, 2017--Countries all over the world are opting for e-government services, in order to facilitate procedures for their citizens and attract investors by simplifying processes and making government information more accessible.
September 5, 2017--Stock markets in the Gulf were mostly weak in early trade on Thursday with individual stocks reacting to company-specific news in Saudi Arabia, while Qatar continued to decline from a five-year low.
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October 4, 2017--Has the UAE entered the cryptocurrency market yet? Yes and no.
What's for sure is that cryptocurrencies are a rising star aiming to rival classical monetary systems and a growing threat to printed currency.
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October 3, 2017--Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand.
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October 3, 2017--Stock markets in the Gulf were mostly steady on Tuesday, ignoring another drop in oil prices amid oversupply concerns.
Brent crude, the global benchmark, was down 26 cents, or 0.5 percent, at $55.86 a barrel after losing 1.2 percent in the last session.
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October 3, 2017--Egypt's stock market fell on Tuesday, ending a six-day winning streak that took the blue-chip index to an all-time high, while Gulf bourses traded narrowly but a couple of petrochemical shares boosted Saudi Arabia.
October 2, 2017--Most stock markets in the Middle East made small gains on Monday with Egypt hitting yet another all-time high, while the Saudi Arabian index edged down.
The Riyadh index lost 0.1 percent; the banking sector was soft with Banque Saudi Fransi dropping 1.3 percent.