Middle East ETF News Older than One Year
BlackRock gets Saudi regulatory nod to trade local stocks
October 6, 2015--BlackRock, the world's largest asset manager, has been granted regulatory approval from Saudi Arabia
to trade local stocks, the company said in a statement.
Source: Zawya.com
Gulf markets consolidate, no clear direction
October 6, 2015--Gulf stock markets consolidated in quiet trade with no clear direction early on Tuesday as
concern about weak oil prices and tightening bank sector liquidity offset a positive global http://www.zawya.com/story/Gulf_markets_consolidate_no_clear_direction-TR20151006nL8N1260WEX2/" TARGET="_top">view moremarket environment.
One Champion but No Team
October 5, 2015--While other emerging regions thrived, the Middle East and North Africa's (MENA's) aggregate export performance has been consistently weak over the past two decades.
Using detailed firm-level export data-collected from Customs administrations-the publication, Champions Wanted, explains why.
A central finding of the book is that the size distribution of MENA's exporting firms point to critical weaknesses at the top.
Source: World Bank
Markets to rise on stronger global environment
October 5, 2015--Stock markets in the Middle East look set to rise on Monday because of a stronger global environment
Source: Zawya.com
Markets to consolidate, few local, foreign catalysts
October 4, 2015-Middle East stock markets look set to consolidate in quiet trade on Sunday with very few domestic catalysts and a mixed global backdrop.
Source: Zawya.com
Gulf mixed amid higher oil prices, global equities
October 1, 2015--Gulf stock markets were mixed early on Thursday, despite higher oil prices, as investors
remained cautious after weeks of volatility in global asset prices.
Source: Zawya.com
Citigroup, Ashmore approved to buy Saudi stocks directly
October 1, 2015--Saudi Arabia's Capital Market Authority has granted permission to U.S. bank Citigroup Inc and emerging markets-focused investment manager
Ashmore Group to invest directly in Tadawul, industry sources said.
Source: Zawya.com
Gulf edges up in thin trade after global environment improves
September 30, 2015--Gulf stock markets edged up in early trade on Wednesday after the global market environment improved
but modest trading volumes indicated investors were not prepared to bet on an extended rally.
Source: Zawya.com
Saudi hit by weak oil, commodities; Egypt down modestly
September 29, 2015--Weak oil prices and commodity-related shares hit Saudi Arabia's stock market on Tuesday as it
reopened after a long Eid al-Adha break. Egypt's market edged down only slightly, reflecting an improving technical outlook for that market.
Source: Zawya.com
UAE markets to consolidate; global backdrop sluggish
September 27, 2015--The Dubai stock index faces technical resistance around 3,700 points,
which has capped it since the end of August.
Source: Zawya.com
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