Middle East ETF News Older than One Year
MIDEAST STOCKS-Gulf soft in early trade; Saudi insurer Metlife surges
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.
Source: Zawya.com
2018 will be the year for cryptocurrency in UAE
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.
Source: AMEInfo.com
Abu Dhabi draws strong demand as it sells first 30-year bond
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.
Source: AMEInfo.com
MIDEAST STOCKS-Gulf markets steady in early trade, SABB Takaful slides
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.
Source: Zawya.com
Egypt breaks winning streak, Gulf ignores oil slump
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.
Source: Zawya.com
Saudi under performs region but car-related shares rise again
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.
Source: Zawya.com
Saudi market regulator loosens asset management rules
October 1, 2017-- Saudi Arabia's markets regulator loosened its rules for licensing asset management and other investment firms on Sunday, according to a presentation by senior officials at the Capital Market Authority (CMA).
Source: Reuters
Saudi Arabia returns to Dollar-bond market
September 28, 2017--Saudi Arabia raised $12.5 billion from its second dollar bond sale this year as the kingdom bolsters its finances amid an economic overhaul.
Source: AMEInfo.com
Egypt strong, Saudi bolstered by $12.5bln sovereign bond issue
September 28, 2017-- Egypt's stock index climbed on Thursday ahead of a central bank meeting on monetary policy later in the day, while the banking sector helped carry the Saudi index higher after news that the government had priced a $12.5 billion international bond issue.
Source: Zawya.com
MIDEAST STOCKS-Banking shares support Saudi in early trade
September 28, 2017--Banking shares helped take the Saudi index slightly higher in early trade on Thursday after news that the government has priced a $12.5 billion international bond issue, while the rest of the region was mixed.
Source: Zawya.com
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