Middle East ETF News Older than One Year


Dubai breaks another record in the region

October 9, 2017--Countries all over the world are opting for e-government services, in order to facilitate procedures for their citizens and attract investors by simplifying processes and making government information more accessible.

Source: Ameinfo.com


MIDEAST STOCKS-Gulf soft in early trade; Saudi insurer Metlife surges

September 5, 2017--Stock markets in the Gulf were mostly weak in early trade on Thursday with individual stocks reacting to company-specific news in Saudi Arabia, while Qatar continued to decline from a five-year low.

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Source: Zawya.com


2018 will be the year for cryptocurrency in UAE

October 4, 2017--Has the UAE entered the cryptocurrency market yet? Yes and no.
What's for sure is that cryptocurrencies are a rising star aiming to rival classical monetary systems and a growing threat to printed currency.

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Source: AMEInfo.com


Abu Dhabi draws strong demand as it sells first 30-year bond

October 3, 2017--Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand.

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Source: AMEInfo.com


MIDEAST STOCKS-Gulf markets steady in early trade, SABB Takaful slides

October 3, 2017--Stock markets in the Gulf were mostly steady on Tuesday, ignoring another drop in oil prices amid oversupply concerns.
Brent crude, the global benchmark, was down 26 cents, or 0.5 percent, at $55.86 a barrel after losing 1.2 percent in the last session.

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Source: Zawya.com


Egypt breaks winning streak, Gulf ignores oil slump

October 3, 2017--Egypt's stock market fell on Tuesday, ending a six-day winning streak that took the blue-chip index to an all-time high, while Gulf bourses traded narrowly but a couple of petrochemical shares boosted Saudi Arabia.

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Source: Zawya.com


Saudi under performs region but car-related shares rise again

October 2, 2017--Most stock markets in the Middle East made small gains on Monday with Egypt hitting yet another all-time high, while the Saudi Arabian index edged down.

The Riyadh index lost 0.1 percent; the banking sector was soft with Banque Saudi Fransi dropping 1.3 percent.

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Source: Zawya.com


Saudi market regulator loosens asset management rules

October 1, 2017-- Saudi Arabia's markets regulator loosened its rules for licensing asset management and other investment firms on Sunday, according to a presentation by senior officials at the Capital Market Authority (CMA).

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Source: Reuters


Saudi Arabia returns to Dollar-bond market

September 28, 2017--Saudi Arabia raised $12.5 billion from its second dollar bond sale this year as the kingdom bolsters its finances amid an economic overhaul.

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Source: AMEInfo.com


Egypt strong, Saudi bolstered by $12.5bln sovereign bond issue

September 28, 2017-- Egypt's stock index climbed on Thursday ahead of a central bank meeting on monetary policy later in the day, while the banking sector helped carry the Saudi index higher after news that the government had priced a $12.5 billion international bond issue.

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Source: Zawya.com


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