Middle East ETF News Older than One Year


MIDEAST STOCKS-Gulf set to consolidate; Dubai near chart support

August 16, 2017--Gulf stock markets look set to consolidate on Wednesday in the absence of positive factors, though Dubai's index has dropped near minor technical support, which could trigger a modest rebound.

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Source: Zawya.com


Most markets up; Egypt ends losing streak but Qatar down after data

August 16, 2017--Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin in the absence of major new catalysts for investors.

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Source: Zawya.com


Qatar crisis: What does it ultimately mean for the region's economy?

August 15, 2017--A Saudi Arabia-led group of states cut diplomatic ties and trade and transport links with Doha on June 5.

Would the impact of this move be confined within Qatar's borders?

Global credit rating agency S&P expects that political tensions within the GCC, which has been long viewed by many as a stable political alliance in the Arab region,will persist over the next few years.

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Source: AMEInfo.com


The Tel Aviv Stock Exchange Launches 6 New Tel-Bond Maturity Indices

April 15, 2017---Since The Beginning Of The Year, TASE Has Launched 10 New Indices
TASE's board of directors decided during its meeting on Thursday (10 August 2017) to launch new series of Tel-Bond maturity indices.

In total, six indices will be launched in two clusters: Tel-Bond fixed rate and Tel Bond-Shekel.

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Source: TASE


MIDEAST STOCKS-Qatar's IHG falls on listing, Dubai dragged down by weak Q2 earnings

August 14, 2017--Shares of the first family business to list in Qatar fell in early trade on Monday, while weak earnings at several companies in Dubai weighed on the stock index there.

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Source: Zawya.com


Bourses most exposed to foreign funds lag as global mood cautious

August 13, 2017--Stock markets in the Middle East that are most exposed to foreign funds were the chief losers on Sunday, taking their cue from international bourses, where the mood was soured last week by growing tensions between the United States and North Korea.

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Source: Zawya.com


MIDEAST STOCKS-Gulf may be quiet but Dubai's Shuaa could shine

August 13, 2017-- Stock markets in the Gulf may be quiet on Sunday as investors are reluctant to invest aggressively but Dubai investment bank Shuaa Capital may shine after it reported strong quarterly results.

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Source: Zawya.com


MIDEAST STOCKS-Zain surges on Omantel move, TAQA down after earnings

August 10, 2017--- Gulf stock indexes moved little in early trade on Thursday, continuing a two-week-old trend, with Kuwaiti telecommunications firm Zain a standout gainer in response to an investment by Omantel.

Source: Zawya.com


MIDEAST STOCKS-Markets may be weak, Saudi's Arabian Cement misses estimates

August 10, 2017-- Middle Eastern stock markets may be weak on Thursday with MSCI's broadest index of Asia-Pacific shares outside Japan down 0.7 percent, partly because of North Korean tensions.

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Source: Zawya.com


IMF Staff Country Reports-Iraq: Selected Issues

August 9, 2017--IRAQ: REINING IN CURRENT EXPENDITURE TO CREATE FISCAL SPACE FOR INCLUSIVE GROWTH1
Iraq's public spending is high in international comparison and is driven by its two largest components: compensation of public employees and social transfers.

The public-sector payroll is poorly controlled and, therefore, has been growing dynamically. Moreover, the number of positions may not reflect the number of employees performing a job in the absence of centralized human resources management that would prevent absenteeism or fraud. Relatively high public-sector wages and job security make other alternatives appear undesirable, leading to subdued private sector job growth.

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Source: IMF


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