MSCI welcomes Saudi reforms, to review emerging market inclusion
January 26, 2017--International equity index compiler MSCI said it welcomed reforms of the Saudi Arabian stock market and reiterated that it could launch in June a review of whether to include Saudi Arabia in its emerging market index.
view more
Gulf bond boom forecast as oil producers tap markets
January 24, 2017--Arab states form new centre of gravity in debt sector after record year for borrowing.
view more
Egypt considering temporary stamp duty on stock market deals-sources
January 19, 2017-- Egypt is considering temporarily reintroducing a stamp duty on stock market transactions after the tax was frozen in 2014, two finance ministry sources told Reuters on Thursday
view more
Dubai stocks traders eye results as small stocks still abuzz
January 19, 2017--Amanat and HITS Telecom were the most actively traded stocks in Dubai on Thursday even as the index closed steady.
view more
Business Executives from the Middle East and North Africa Call for Bold Economic Reform
January 18, 2016--The World Economic Forum's Middle East and North African (MENA) Regional Business Council today launched a report outlining policy reforms to create jobs and stability in the region.
The report, Accelerating Economic Reforms in the Middle East and North Africa-A Private-Sector Perspective, outlines actionable policy recommendations for six priority reform areas:
view the World Economic Forum Accelerating Economic Reforms in the Middle East and North Africa
A Private-Sector Perspective
Egypt could issue sukuk later this year-sources
January 18, 2017--Egypt could issue a U.S. dollar sukuk later this year after its planned conventional bond, government representatives said on Tuesday at the first stop of the country's bond roadshow in Abu Dhabi and Dubai, according to investors attending the presentation.
view more
IMF Country Report-Kuwait: Selected Issues
January 17, 2017--BUDGET FINANCING OPTIONS AND POTENTIAL MACRO-FINANCIAL IMPLICATIONS 1
With large financial buffers and low debt, Kuwait has substantial room to finance the emerging fiscal deficits.
The choice of the financing composition and debt instruments could nonetheless have important macro-financial implications. These should be assessed in the context of a comprehensive asset and liability management framework, with careful consideration of the macro-financial linkages to help minimize potential costs and risks to the overall economy.
view the IMF Country Report-Kuwait: Selected Issues
Kuwait edges closer to sovereign bond issue
January 17, 2017--The government plans to raise funds to help it offset lower oil revenues and plug the fiscal gap.
view more
Qatar strong, Saudi recovers, Egypt extends bull run
January 17, 2017--Qatar's stock market rose to a multi-month high on Tuesday in the heaviest volume since late November, buoyed by the banking sector, while firmer oil prices supported the rest of the Gulf and foreign investors bought up Egyptian shares.
view more
Ten additional Biomed and Technology Companies to be Analyzed by Frost & Sullivan, the Global Consulting & Market Research Firm
January 17, 2017--Ten additional biomed and technology companies are joining TASE's analysis project.
The project, which now includes 20 companies, has been undertaken with the goal of raising investors' information level regarding both technology and biomed companies and the markets in which the companies operate, thus generating appropriate pricing and increasing the exposure for both domestic and foreign investors.