Mideast Stocks: Saudi falls to six-month low, Qatar at 16-month high
September 13, 2018--Saudi Arabia's stock market fell to a six-month low on Thursday, missing out on a wider emerging markets rebound, but Qatar continued rising to a fresh 16-month high.
Source: Zawya.com
Mideast Stocks: Saudi market reverses some losses after last week's plunge
September 9, 2018--Gulf stock markets closed on a positive note on Sunday, reverSsing some of their losses earlier in the day.
The Saudi index in particular ended up gaining 0.6 percent, after having plunged last week on foreign investors' concerns over emerging markets volatility.
Source: Zawya.com
Saudi Arabia's index drops early in September, stays in positive territory for 2018
September 6, 2018--The Saudi index retreated 3.3 percent in the first week of September, dropping the most compared to its peers in the Gulf.
On Wednesday alone, the Saudi index retreated 3.1 percent, tracking a 1.3 percent drop in the MSCI emerging market index, as worries over trade weighed on emerging markets.
Source: Zawya.com
Monthly markets review: Egypt and Abu Dhabi's stock markets outperform in August
September 4, 2018--Most of the region's stock markets declined in value during August, which was a quiet month in terms of trading volumes as many markets closed for a week for the Eid Al Adha holidays.
United Arab Emirates
Abu Dhabi's Securities Exchange was one of the few markets to post gains in August, increasing in value by 2.62 percent.
Source: Tadawul
Correction: Banking sector the dominate factor on the Qatar stock market-data
September 3, 2018--Qatar's stock market drops 0.65 percent on Monday, weighed down by banks
Source: Zawya.com
Effective Management of Water Resources in Arab World Key to Future Growth and Stability
August 28, 2018--New report outlines risks associated with region's water challenges and the policies needed to address them.
Water scarcity in the Middle East and North Africa (MENA) region can either be a destabilizing factor or a motive that binds communities together, according to a new joint report from the United Nation's Food and Agriculture Organization (FAO) and the World Bank, with the difference determined by the policies adopted to cope with the growing challenge.
The report, Water Management in Fragile Systems: Building Resilience to Shocks and Protracted Crises in The Middle East and North Africa warns that instability combined with poor water management can become a vicious cycle that further exacerbates social tensions, while emphasizing that the actions needed to break the cycle can also be essential elements for recovery and consolidating stability.
Source: World Bank
IMF Staff Country Report-Saudi Arabia: Selected Issues
August 24, 2018--FISCAL FRAMEWORKS AND FISCAL ANCHORS: THE EXPERIENCES IN COMMODITY EXPORTING COUNTRIES AND IMPLICATIONS FOR SAUDI ARABIA1
The implementation of fiscal policy in Saudi Arabia is undergoing significant change, but there is a
need to further deepen reforms and ingrain fiscal consolidation into a framework that reduces the
reliance of fiscal policy on volatile oil revenues and sets clearer medium-term fiscal objectives.
An important question is whether the introduction of a fiscal rule as in some other resource-rich countries could help in fiscal management in Saudi Arabia. This paper suggests that while the government should continue to work on clearly defining its fiscal policy objectives, at this stage the focus of reforms should be to continue to strengthen the fiscal framework rather than on introducing a formal fiscal rule. A fiscal rule is only as good as the institutions that support it.
view the IMF Staff Country Report-Saudi Arabia: Selected Issues
Source: IMF
Sovereign funds pull $5.7bln from global markets in Q2
August 21, 2018--Sovereign wealth funds (SWFs) pulled $5.7 billion from stock and bond strategies managed by external asset managers in the second quarter, data from research firm eVestment showed on Tuesday, as trade tensions rocked financial markets.
Source: Zawya.com