Middle East ETF News Older than One Year
Gulf may move sideways, few positive factors
August 24, 2016--Gulf stock markets may move sideways on Wednesday with few positive factors to spur buying.
Most major indexes in the region closed well off their lows on Tuesday as blue chips were bought, suggesting the slide of the past several days might be ending.
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Source: AMEInfo.com
Gulf continues sliding as oil sags
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Source: AMEInfo
EY: New GCC regulations set to strengthen capital markets DMS-Frontier Markets: Lebanon's Hopeful Future
The byproduct of that war has been a massive influx of refugees which has placed a great strain on Lebanon's economy. GDP growth, as can be expected, has plunged from 10% in 2008 to about 1% year over year in 2015. I imagine it will keep its downward trajectory as long as the Syrian war continues.
Source: Peter Kohli, CEO, DMS Funds
Gulf may be soft after oil, global bourses pull back
Source: AMEInfo
Abu Dhabi Securities Exchange sees $1.90 bln investments in H1
Source: Zawya.com
Egypt's outlook remains stable
Source: Meed
Gulf set to consolidate, supported by oil
Source: AMEInfo.com
Gulf may edge up on oil but major gains look unlikely
Source: AMEInfo.com
Gulf may consolidate on U.S. rate concern
Source: AMEInfo.com
August 23, 2016--The index in Abu Dhabi, which tends to be less volatile than most other Gulf markets and did not rise sharply earlier this month when they did, was flat
August 23, 2016--The MENA region witnessed six IPOs in Q2 2016m, collectively raising $397.2 million, a 40% decrease in volume.
August 22, 2016--Preview:
All we ever get to read about Lebanon has to do with death and destruction. First it was the civil war that ended in 1990 and devastated the country, and now even though peace is within its borders. the country has to contend with the conflict in Syria.
August 22, 2016--Saudi Arabia's index, last at 6,212 points, is close to confirming a break of technical support on its early August low of 6,226 points.
August 22, 2016--The market value of the companies' shares that are traded reached $122 billion by the end of July 2016.
August 21, 2016--US ratings agency Moody's has affirmed a B3 rating with a stable outlook for the country.
August 21, 2016--Brent crude oil closed above $50 a barrel on Thursday and Friday for the first time since July 4
August 18, 2016--There is little fresh news locally to trigger buying of stocks, and Dubai's main index, last at 3,557 points, faces technical resistance on its April peak of 3,605 points.
August 17, 2016--Brent crude oil futures rose to a fresh multi-week high above $49 a barrel overnight.
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