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Petchems support Saudi as oil stays near $56, Qatar up again
September 21, 2017--An overnight rise in crude oil prices to a fresh five-month peak helped to push the Riyadh stock index slightly higher on Thursday while Qatar secured its third straight day of gains.
The Saudi index edged up by 0.1 percent as all but two of the 14 listed petrochemical producers rose as Brent contracts traded around $56 a barrel.
MIDEAST STOCKS-Qatar up again in otherwise weak region, Dana Gas flat after trial adjourned
September 20, 2017--Qatar's stock market extended gains in early trade on Wednesday as local investors bought on price dips, in an otherwise weak Gulf region.
The Doha index rose 0.5 percent after 40 minutes of trade, extending the previous session's small 0.1 percent rise.
MIDEAST STOCKS-Qatar rises slightly in early trade, coming off 5-yr low
September 19, 2017--Qatar's stock index came slightly off a five-year low in early trade on Tuesday while most other markets in the region moved little.
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Egypt to determine Eurobond currency, issuance date in 2 weeks
September 19, 2017-- Egypt expects to determine the currency of its next Eurobond issuance within two weeks, finance minister Amr El-Garhy told Reuters on Tuesday.
Garhy said the ministry is looking to issue Euro-denominated Eurobonds to fulfill short-term obligations and to diversify its currency basket.
Toronto Stock Exchange seeks partnerships with Gulf bourses
September 19, 2017--The Toronto Stock Exchange, which is vying to host Saudi Aramco's overseas listing, is exploring partnerships with bourses in the Gulf to help it tap into energy privatisations there.
Egypt to return to debt markets in November
September 18, 2017--Cairo will also move ahead with $10bn eurobond programme next year.
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MIDEAST STOCKS-Qatar's decline intensifies as insurer's Abu Dhabi branch shut
September 18, 2017--Qatar's stock index was down again on Monday as shares in Qatar Insurance tumbled after it announced the closure of its Abu Dhabi branch because of the region's diplomatic crisis.
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Qatar hits 5-year low as diplomatic rift hits firms
September 18, 2017--Qatar's stock index hit a five-year low on Monday because of a fresh sign that a diplomatic dispute in the region was starting to inflict long-term damage on some of its companies.
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