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Front-liners gain further momentum in strong Dubai markets
August 3, 2017--Buying in front-line stocks boosted the Dubai index, which extended gains for another session on Thursday even as traders continue to ignore small stocks.
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Foreign investments at UAE stock markets hit $29billion in July
August 3, 2017--The market capitalisation of foreign shares at UAE stock markets continued their rising streak for the second month running, surging to AED104.5 billion during July, a growth of 5.5 percent over the month of June.
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Market round-up: Bank earnings push up UAE markets, Saudi gains pared
August 2, 2017--A better-than-expected set of results from UAE banks helped to push up markets in Abu Dhabi and Dubai during July, in what was a mixed month for local stock exchanges during the traditional summer lull.
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Iraq in market to raise $1billion, first standalone bond in over decade
August 2, 2017--Iraq started marketing a $1 billion bond on Wednesday, its first international debt issuance as a standalone credit since 2006 and an attempt to put decades of turmoil behind it.
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Dubai may shine in otherwise dim region
August 1, 2017-- Dubai's stock market may follow global shares higher and continue to outperform regional counterparts on Tuesday, while Saudi Arabia's index may stall because of uninspiring quarterly results.
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DGCX sees single stock futures reach all-time high
August 1, 2017--The Dubai Gold and Commodities Exchange (DGCX) saw single stock futures reach an all-time high, trading an average daily volume of over 10,000 lots for the first time.
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Saudi snaps losing streak as Qatar rocked by GIS's poor results
August 1, 2017--Qatar's GIS slumps on huge profit miss
Doha down for fifth straight session
Saudi's Ma'aden up after doubling of Q2 profit
Banks strong, Reuters poll finds managers favour sector
Dubai's Arabtec up on new project award
Saudi Arabian shares snapped a six-session losing streak on Tuesday while Qatar's market fell, hit by a slump in an oil drilling service provider after it barely broke even in the second quarter.
Abu Dhabi's Senaat asks proposals for dollar sukuk-sources Bluechip propels Dubai index to 4 month high ICAEW Economic Insight: Middle East-Regional growth uneven as oil related activity slows: Q2 summary The recent extension to retain lower oil output globally means a slower recovery in oil related activity than anticipated, in addition to spillover effects to the non oil sector.
Progress on diversification, economic reform and streamlining the use of public funds has become even more crucial if investment and growth in the non oil sector is to take the mantle of job creation across the region.
The acceleration of global trade in the first half of 2017 has provided a boost to growth across many regions of the world economy.
August 1, 2017--Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, has asked banks for proposals to arrange a U.S. dollar denominated sukuk, or Islamic bond, sources familiar with the matter said on Tuesday.
July 31, 2017-- Buying in Emaar Properties and Dubai Islamic Bank propelled Dubai index to its highest level in four months.
The Dubai Financial Market Index closed at a high of 3,633.18, up 0.76 per cent, the highest level since March 9.
July 27, 2017--The ICAEW Economic Insight: Middle East, is a quarterly economic forecast for the region prepared directly for the finance profession. Regional growth uneven as oil related activity slows: Q2 summary
The Middle East looks unlikely to fully benefit from the improvement in world economy and world trade in particular, due to a range of structural reasons.