Israel's Delek Group Seeks Further International Expansion After Profit Jump
March 30, 2017--Delek Group, the largest player in Israel's emerging energy industry, reported positive earnings today reflecting progress for the overall energy sector in Israel.
Israeli Energy stocks comprise roughly 4% of the BueStar Israel Global Index, tracked by the NYSE-listed ISRA ETF as well as funds offered by Psagot and IBI in Israel.
Source: Zawya.com
UAE indices in tight range as volumes tumble
March 23, 2017--UAE indices traded sideways yesterday with lack of volumes as traders awaited the first quarter results from early April.
The Dubai Financial Market General Index closed 0.38 per cent lower at 3,461.43.
Source: Zawya.com
Oil nears $50, dents sentiment in Gulf
March 22, 2017--Dubai's index fell 1.0 per cent
Abu Dhabi's index, which was the top performer on Tuesday, retreated 1.1 per cent
In Qatar, the index fell 0.8 per cent as some of the previous day's chief gainers retreated
Source: AMEInfo.com
Egypt leads Middle East higher while GCC equities underperform
March 16, 2017--Middle Eastern stock markets rose on Thursday, led by Egypt, after the U.S. Federal Reserve hiked interest rates as expected but signalled no acceleration in the pace of monetary tightening.
Source: Zawya.com
UAE stock markets gain $1.71bln in weekend trading
March 16, 2017--The UAE financial markets closed with a profitability in weekend trading with heavy stocks, which strengthened their gains for the second straight session, amid continued buying by some corporations.
Source: Zawya.com
Non-Saudi firms seek Tadawul listing
March 15, 2017--The market regulator has received interest from GCC companies to list shares on Saudi Tadawul.
Source: Zawya.com
Qatar exchange awaiting shareholder approval for IPO-CEO
March 14, 2017--The Qatar Stock Exchange is awaiting the approval of its shareholders to conduct an initial public offer of its own shares, the exchange's chief executive Rashid Ali al-Mansoori told reporters on Tuesday.
Source: Zawya.com
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