Middle East ETF News Older than One Year


Gulf stock markets narrowly mixed in quiet trade; Saudi banks firm

July 18, 2016--Gulf stock markets were narrowly mixed in quiet, early trade on Monday although Saudi Arabian banks rose after a couple of them announced second-quarter earnings.

The Saudi stock index edged up 0.2 percent in the first half-hour as Riyad Bank gained 0.9 per cent.

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Source: AME Info


Turkey keeps Gulf wary, Saudi's NCB falls after earnings

July 17, 2016--Gulf stock markets moved little early on Sunday as the failed coup attempt in Turkey kept investors cautious, while Saudi Arabia's largest listed bank dropped after reporting second-quarter earnings.

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Source: AMEInfo


Mideast's record output consolidates Opec share

July 13, 2016--Oil output from the Middle East rose to a record high in June, with production rising above 31 million barrels per day for the third month running.

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Source: Zawya.com


Gulf markets await start of earnings season

July 12, 2016--The start of earnings season for the Gulf's largest companies should begin to provide cues for investors in Middle Eastern bourses on Tuesday, against a backdrop of positive sentiment in global markets.

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Source: AMEInfo


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


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