Middle East ETF News Older than One Year


Saudi stocks get a boost from banking sector

August 7, 2017-- Saudi Arabia's stock market edged up on the back of modest gains in the banking sector on Sunday while Egypt imitated world markets' strong finish at the end of last week. Most other Middle Eastern bourses fell.

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Source: Zawya.com


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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Source: Zawya.com


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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Source: Zawya.com


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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Source: Zawya.com


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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Source: Zawya.com


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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Source: Zawya.com


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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Source: Zawya.com


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.

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Source: Zawya.com


Abu Dhabi's Senaat asks proposals for dollar sukuk-sources

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.

Source: Zawya.com


Bluechip propels Dubai index to 4 month high

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.

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Source: Zawya.com


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