Middle East ETF News Older than One Year


Egypt maintains upward momentum on currency speculation

July 11, 2016--Egypt's stock market maintained its upward trajectory in early trade on Monday as investors were again buoyed by hopes of a further devaluation of the North African nation's currency.

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Source: AME Info


Egypt maintains upward momentum on currency speculation

July 11, 2016--Egypt's stock market maintained its upward trajectory in early trade on Monday as investors were again buoyed by hopes of a further devaluation of the North African nation's currency.

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Source: AMEInfo


Global stock market gains to boost to post-Eid trading

July 10, 2016--Markets in the Middle East were shut for at least two days last week to mark the end of the holy fasting month of Ramadan, and bourses in Qatar and Bahrain remain closed on Sunday.

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Source: AME Info


GCC equities make gains as oil prices rebound

July 8, 2016--The GCC equity markets recovered some ground in the second quarter (Q2, 16) as oil prices rebounded.

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Source: Zaway.com


Saudi equity market cap falls to $401 bln in first half

July 6, 2016--The Saudi stock market fell in the first half of this year.

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Source: Zawya.com


Abu Dhabi may edge lower on profit booking

July 4, 2016--Abu Dhabi's banking shares may trade lower on Monday as investors book profits on strong gains following details of a merger between two mega banks, while Egypt's bourse may be supported by increased chances of further currency devaluation.

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Source: AMEInfo


Abu Dhabi may edge lower on profit booking

July 4, 2016--Abu Dhabi's banking shares may trade lower on Monday as investors book profits on strong gains following details of a merger between two mega banks, while Egypt's bourse may be supported by increased chances of further currency devaluation.

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Source: AMEInfo


DGCX scales new Volume records amidst global market volatility

July 4, 2016--This marks the highest half-yearly trading volume recorded for the Exchange, growing 49.64 per cent over the same period last year.

Trading volumes on the Dubai Gold & Commodities Exchange (DGCX) recorded an all-time high, exceeding 9.5 million contracts in the first half of this year as uncertainty over Brexit vote and its after effects on the global markets continue to unfold.

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Source: gulfnews.com


Saudi Q1 GDP growth slows to 1.5 per cent

July 3, 2016--Saudi Arabia's gross domestic product, adjusted for inflation, grew 1.5 percent from a year earlier in the first quarter of this year, slowing from a revised growth rate of 1.8 percent in the fourth quarter of 2015, the government said on Sunday.

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Source: AMEInfo


Gulf set to consolidate; L'Azurde to list in Saudi

June 29, 2016--Stock markets in the Gulf look set to move sideways on Wednesday, with sentiment supported by a modestly positive global environment but many investors unwilling to take big positions before looming Eid al-Fitr holidays.

MSCI's broadest index of AsiapPacific shares outside Japan is up more than 1 percent and Brent crude oil is 0.4

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Source: AMEInfo.com


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