Tadawul market adds 3.25% in January -continued

January 31, 2012--The Saudi Arabian Tadauwul All Share Index advanced one per cent Tuesday, closing at 6,626.04 points. Market bellwether Sabic added likewise one per cent.
During the first month of the year, the Riyadh-based gauge gained 3.25%, the second highest GCC performance behind the Dubai Financial Market (up six per cent). Rising oil prices supported the sentiment. The barrel oil rose over 2.3% to reach $101 on concerns over an escalation of the tensions between the West and Iran.

Source: AME Info

Middle East ETP News
Saudi rebounds slightly, Egypt stays weak
June 24, 2015--The market opened to direct foreign investment on June 15 but inflows since then have been minimal and the latest exchange data
read more
IMF-Israel: Concluding Statement of the 2015 Article IV Consultation
June 24, 2015--1. Israel's economy is performing well. This is visible in GDP growth-Israel has not had the sharp post-crisis slowdown that many other countries have experienced. It is also visible in employment creation-since 2007, employment has grown from 59 percent of the working age population ratio to 68 percent.
read more
Oil prices stable as strong fuel demand meets high production
June 23, 2015--JP Morgan said in its weekly oil research note that U.S. production had posted a new high this week
read more
Abu Dhabi non-oil trade hits AED42 billion in Q1
Highest value reported in January with AED14.8bn
June 22, 2015--The value of Abu Dhabi's non-oil trade shot up by 20 per cent in the first quarter of the current year to AED42 billion, according to government data.
read more
Saudi Arabia opens stock exchange to foreign investors
June 21, 2015--Despite numerous restrictions, the future for the
read more
Egypt: Industry Minister-Egypt Open to Fdis
June 21, 2015-Egypt is open to and welcomes foreign direct investments (FDIs) in development projects
read more
Saudi Arabia imports 31.4 million barrels of gasoline in 2014
Nation is world's largest oil exporter but consumes 15 to 25 per cent more gasoline than it produces
June 19, 2015--Saudi Arabia, the world's largest oil exporter, imported 31.4 million barrels of gasoline in 2014 to meet a rising demand at home, a report reveals.
read more
UAE's financial markets top Arab markets on MSCI
June 17, 2015--Investments travelling from UAE markets to Saudi market unlikely.
read more
Dubai pulls back after speculative rally
June 11, 2015--Widespread profit-taking dragged Dubai's stock market lower in early trade on Thursday after oil prices slipped, while other Gulf bourses were narrowly mixed.
read more
Qatar cuts forecast for GDP growth in 2015 expecting deficit in 2016
June 10, 2015--"Oil prices continue to pose a significant risk to economic outlook"-Ministry
read more
Egypt eyes 4.5 per cent GDP growth in current fiscal year
June 10, 2015--Government's current strategy plans on removing all hindrances at stock market
read more
Gulf markets may move sideways, lacking catalysts
June 9, 2015--Oil staged its first rally in three days on Friday, gaining 2 percent, despite warnings of more oversupply as a result of OPEC's decision to keep pumping crude without restraint.
read more
Gulf markets slip but Dubai's Amlak surges again
June 4, 2015--Major Gulf stock markets edged down in early trade on Thursday after oil prices declined and the United States said it was investigating Qatar's winning bid for the 2022 soccer World Cup, but Dubai mortgage firm Amlak Finance surged in heavy trade.
read more
IMF Staff Completes 2015 Article IV Mission to the United Arab Emirates
June 4, 2015--The outlook for economic activity is expected to moderate with non-hydrocarbon growth projected at 3.4 percent in 2015 amid lower oil prices and an appreciation of the real effective exchange rate.
read more
Saudi Stock Exchange activity slows
June 4, 2015--Index falls as Tadawul prepares for foreign investors.
read more
Saudi Arabia slips as oil falls; Egypt also soft
June 4, 2015--The main Saudi stock index edged down 0.2 percent as most blue chips declined.
read more
Gulf edges up, tracking oil, volatile Amlak dominates Dubai
June 2, 2015--Gulf stock markets rose on Tuesday after oil prices edged up and mortgage company Amlak Finance, which dominated activity in Dubai,
read more
IMF Staff Completes 2015 Article IV Mission to
June 1, 2015--"The decline in oil prices is resulting in substantially lower export and fiscal revenues, but the effect on the rest of the economy has so far been limited. Real GDP growth is projected by IMF staff at a healthy 3.5 percent this year, unchanged from 2014, with an increase in oil production and continued government spending expected to support the economy.
read more