Middle East ETF News Older than One Year
Saudi Stock Exchange (Tadawul) Is Targeting 2018 As The Year For Its IPO
December 31, 2015--The Saudi Stock Exchange (Tadawul) intends to launch an Initial Public Offering (IPO) in 2018 after completing the readiness exercise and obtaining the necessary approvals.
The Exchange is the sole entity authorized to carry out trading in securities in the Kingdom and it holds a leading position among emerging markets in terms of its liquidity and traded value.
Source: Saudi Stock Exchange (Tadawul)
Top 11 global events that shook the Middle East in 2015The year 2015 has been crucial for the region politically and economically
December 30, 2015--Volkswagen-Yemen conflict-Yuan Oil price decline The Middle East saw the worst of everything as crude oil prices began to plummet, hitting new lows since the past years.
Saudi Arabia ran a deficit of SAR367 billion in 2015 and announced a cut of SAR 326bn in spending next year. Qatar has forecasted a QAR46.5bn deficit budget in 2016 and expects that revenues will likely fall to QAR156bn, compared with QAR226bn in 2015.
Source: AME Info
The Palestine Exchange Modifies the Al-Quds Index composition for the year 2016
December 29, 2015--The Palestine Exchange (PEX) announced the new composition of the Al-QUDS INDEX for the year 2016 to take affect as of the 3rd of January, 2016.
The index includes 15 out of 49 listed companies. The selected companies present 83% of total Market Cap as of the 17th of December 2015. The 2016 Al-Quds Index includes the following listed companies:
Source: Palestine Exchange (PEX)
Regional investors sell in Dubai; Qatar and Abu Dhabi steady
December 28, 2015--Dubai's stock market slipped early on Monday as regional investors diverted
their attention to Saudi Arabia's 2016 state budget announcement.
Source: Zawya.com
Dubai's zero-deficit budget fails to lure stocks, investors await Saudi
December 28, 2015--Banks and financial services companies were among the top losers
Source: AMEInfo.com
Gulf narrowly mixed in thin trade
December 23, 2015--Gulf stock markets were narrowly mixed in thin early trade on Wednesday with activity deterred by
the approach of the Christmas holiday period, when foreign investors become less active, and the release of Saudi Arabia's 2016 state budget, expected on Monday.
Source: Zawya.com
8UAE slips back, Qatar edges higher
December 22, 2105--Stock markets in Dubai and Abu Dhabi fell back in early trade on Tuesday as blue chips sold off,
while Qatar edged higher as traders bought shares in banks and the real estate sector.
Source: Zawya.com
Semi-Annual Update of the Israeli High-Tech Companies Index
In November 2015, the TASE and BlueStar launched the ITEQTM-the first exchange-traded fund (ETF) on the index, traded on NASDAQ.
December 21, 2015--BlueStar announced the semi-annual update of the TA-BIGITech[TM] Index, which includes the Israeli or Israeli-linked high-tech companies traded in Tel Aviv and/or abroad.
Following the update, which will take effect today, Monday, December 21, 2015, the Index will include 71 companies with an aggregate market cap of approx. $76 billion.
Source: Tel Aviv Stock Exchange (TASE)
Arab bourses continue to slide as oil prices hit 11-year low
December 21, 2015--Brent blend was trading at $36.05 a barrel, its lowest level since 2004, since 2004, at 0905 GMT.
Stock markets in the Arab world continue to slide as crude oil prices hit new lows.
Source: AME Info
Saudi, Dubai slip in blue chip sell-off
December 20, 2015--Stock markets in Saudi Arabia and Dubai fell back on Sunday after oil prices slumped
further, while Abu Dhabi and Egypt were buoyed by banking shares.
Source: Zawya.com
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
