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Saudi Arabia concludes record bond sale
October 20, 2016--The kingdom has raised $17.5bn from debut international bond issuance.
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Saudi shares fall on Q3 earnings, rest of region soft
October 17, 2016--Saudi index slips on disappointing third-quarter earnings. Alinma Bank, the most heavily traded stock, dropped 2.2 per cent Dubai stock index fell 0.6 per cent Abu Dhabi index slid 1.2 per cent Saudi Arabia's stock market fell in early trade on Monday after another set of disappointing third-quarter earnings.
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IMF Country Report-Saudi Arabia: Selected Issues
October 13, 2016--FINANCING THE FISCAL
DEFICIT-POSSIBLE OPTIONS AND THEIR POTENTIAL IMPLICATIONS1
To meet large financing needs over the coming years, Saudi Arabia has
multiple financing options.
It can draw down the large stock of government deposits held at the central bank, sell other financial assets, or borrow domestically or abroad.
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Oil price to determine stock market trend: Swiss banker
October 12, 2016--Two major factors-trend in crude oil prices and the government's ability to control deficit-will determine the recovery of Gulf bourses, including Oman, said a told level official of a leading private bank.
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Infographic: The economy this week
October 12, 2016--Global markets posted sharp losses, following a plummet of the sterling by nearly 10% to a 31-year low (a "flash crash"), recouping some of the losses afterwards, amidst a weaker-than-expected US jobs report.
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Nasdaq Dubai, IdealRatings benchmark indices for Sukuk
October 10, 2016--Nasdaq Dubai and IdealRatings today announced the launch of benchmark indices that track the performance of global Sukuk.
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Local retail investors turn bearish on QSE
October 10, 2016--The Qatar Stock Exchange on Sunday edged down two points, despite stronger selling in the insurance, industrials and telecom counters.
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GCC bond market to continue gaining momentum-experts
October 9, 2016--GCC bond market expected to witness continued increase in the volume of issuances.
Increased demand from international investors due to relative stability and appealing spreads.
Performance of GCC corporate bonds remain subdued compared to High Growth Markets around the world.
Growth stalls in major GCC economies: weaker new business to blame
October 6, 2016--The non-oil private sector growth in major GCC economies has stalled on the back of sluggish new business activity.
Expansion in Saudi Arabia's non-oil economy hit a three-month low in September with a subdued demand and easing employment, according to a survey by Dubai's Emirates NBD.
Gulf stock markets may consolidate in low turnover
October 5, 2016--Stock markets in the Gulf may consolidate on Wednesday with firm oil prices providing support but the approach of third-quarter corporate earnings announcements keeping many investors on the sidelines.
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