|TASE Launches 6 New Tel-Bond Indices-continued|
|January 28, 2018--Four Indices are Rating-Based and two are Sector-Based: Tel Bond-Shekel Banks & Insurance Index and Tel Bond-CPI Linked Real Estate Index|
|TASE Has Launched 7 new Indices since the beginning of 2018 and a Record of 16 New Tel Bond Indices in Less Than a Year
On Jan 25th, 2018, the board of directors of the Tel-Aviv Stock Exchange (TASE) has approved the launch of four new rating-based corporate bond indices and the launch of two new sector-based corporate bond indices-the Tel Bond-Shekel Banks & Insurance Index and the Tel-Bond CPI Linked Real Estate Index.
|Middle East ETP News|
|Egypt amends some provisions of listing, delisting rules for EGX|
|June 14, 2018--The board of directors of the Financial Regulatory Authority (FRA) issued a decision to amend some of the provisions of the rules for new listings on the Egyptian Exchange (EGX), as well as rules for continuation and delisting, through adding rules stipulated in article 6 of Law 95 of 1992.|
|MIDEAST STOCKS-Abu Dhabi, Qatar rise, but Dubai sags as Eid holiday begins|
|June 14, 2018--The Abu Dhabi stock exchange ended higher on Thursday, helped by shares in sector majors First Abu Dhabi Bank (FAB) and Etisalat, and neighbouring Dubai ended lower as property shares weighed on the exchange.|
|MIDEAST STOCKS-Dubai gains on demand for bank stocks, Abu Dhabi falls|
|June 13, 2018--Dubai stocks opened higher in response to selective buying in financial services companies such as Dubai Islamic Bank, but other Gulf markets were mixed with Abu Dhabi falling on profit taking in First Abu Dhabi Bank, while Qatar was flat.|
|IMF Working Papers-Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought|
|June 13, 2018--Summary:
This paper estimates fiscal multipliers for the Gulf Cooperation Council (GCC) countries. Using OLS panel fixed effects on a sample of six countries from 1990-2016, results indicate that GCC fiscal multipliers have declined in recent years which would make the on-going fiscal consolidation less costly than previously thought.
|TASE Launches New Index-the Tel Bond-Dollar Index|
|June 10, 2018--?The Index Will be comprised of Dollar-Linked Corporate Bonds Listed on TASE|
The board of directors of the Tel-Aviv Stock Exchange (TASE) approved (June 7th, 2018) the launch of a new corporate bonds index-the "Tel Bond-Dollar Index".
|UK pushes forward with 'Aramco' listing rule|
|June 8, 2018--Britain's markets watchdog will introduce new premium listing rules next month aimed at attracting sovereign backed companies such as Saudi Aramco.|
|MIDEAST STOCKS-Gulf slips early on, Dubai down despite new economic steps|
|June 7, 2018--Energy and petrochemical shares helped to drag down stock markets across the Gulf early on Thursday, with Dubai gaining little benefit from the announcement of fresh economic stimulus steps.|
|ETFGI reports that assets invested in ETFs/ETPs listed in Middle East and Africa decreased by US$343 Mn in April 2018|
|June 5, 2018--ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Middle East and Africa decreased by 1.03% during April 2018 to reach US$37.92 Bn at the end of the month. (All dollar values in USD unless otherwise noted.)|
|MIDEAST STOCKS-Qatar gains on fund flows, Egypt falls ahead of energy subsidy cuts|
|June 5, 2018--Qatar and Saudi markets led Gulf stocks higher on Tuesday amid optimism index compiler MSCI will upgrade Riyadh to emerging market status and continued fund flows into Qatari blue-chips after MSCI recently raised their weightings.|
|MIDEAST STOCKS-Dubai leads Gulf gains as DAMAC climbs; Saudi keeps rising|
|June 4, 2018---Dubai's stock market rose in early trade on Monday as shares in DAMAC Properties reached a four-week high, and most other Gulf markets gained as Saudi Arabia continued a rally triggered by the appointment of a new labour minister.|
|Boursa Kuwait adopts FTSE Russell's Industry Classification Benchmark|
|June 4, 2018--All equity stocks listed on Boursa Kuwait will be classified under the ICB classification standard from 03 June 2018
Integrating ICB will allow Boursa Kuwait to access a single, globally recognised industry classification structure
Reflects Kuwait's ongoing commitment to facilitate international investment
|MIDEAST STOCKS-Dubai, Qatar lead gains in most Gulf markets|
|June 4, 2018-- Gulf markets mostly ended higher on Monday, led by Dubai and Qatar and fueled by by heavyweight stocks, while Saudi market stayed firm for the second straight day following appointment of new market-friendly labour minister.|
|UAE bourses forecast to rise in June: analysts|
|June 3, 2018--The UAE's two stock markets are expected to perform positively in June on the back of new government decisions including the transfer of settlements for both the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) to the Central Bank of the UAE (CBUAE).|
|DGCX Reports Record Monthly Volumes as Shari'ah Spot Gold Continues to Shine|
|June 3, 2018--The Dubai Gold and Commodities Exchange (DGCX) witnessed its best month ever, recording volume of 2,163,598 lots valued at over USD 46.11 billion. Throughout May an average of 94,069 contracts traded per day showing year-on-year (YOY) growth of 51%.|
|IMF Staff Country Reports-Qatar: Selected Issues|
|May 30, 2018-NONFINANCIAL CORPORATE SECTOR1|
Qatar's non-financial corporate (NFC) sector balance sheets have remained healthy. Sensitivity analysis shows that Qatar's NFC sector would be able to withstand adverse scenarios of higher interest rate and earnings shocks.
|Tighten corporate governance, Saudi firms urged as MSCI looms|
|May 30, 2018--Saudi companies should boost efforts to align their corporate governance and investor relations functions with international standards ahead of a possible upgrade by emerging markets index provider MSCI.|
|Reform to change the Israeli index investing market|
|May 28, 2018--Index Research founder Yaniv Kunis explains the effects of the upcoming reform in Israel's ETNs.
October 3, 2018 will be a historical day for the Israeli capital market.
|Reform bonus for Saudi banks as profits surge|
|May 24, 2018-- Saudi banks, which are working to capitalize on economic reforms, have defied recessionary trends by posting profits during the first quarter of 2018.|
|UAE stocks to extend gains on Cabinet decisions|
|May 22, 2018--The UAE stock markets are likely to extend gains on Tuesday following Cabinet's recent decisions, analysts told Mubasher.|
|MIDEAST STOCKS-Emirates NBD boosts Dubai; Abu Dhabi, Saudi stocks also up|
|May 22, 2018--United Arab Emirates stocks led regional gains on Tuesday, with Dubai's market bolstered by a surge in Emirates NBD after it agreed to buy Turkish lender Denizbank for $3.2 billion.|
|Telecom, new government decree push up ADX on Monday|
|May 21, 2018--The Abu Dhabi Securities Exchange's (ADX) general index increased by 32.47 points, or 0.73%, to close at 4,458.33 points on Monday, encouraged by the telecommunication sector and the new foreign ownership regulation.|
|Saudi indices seen negative at Monday's close|
|May 21, 2018-- The Saudi Stock Exchange (Tadawul) ended Monday in the red after its benchmark Tadawul All Share Index (TASI) decreased 21.6 points or 0.27%,reaching 7,996.4 points.
TASI's trading volume reached 105.7 million shares down from 117.1 million shares on Sunday, while liquidity fell to SAR 2.5 billion from SAR 2.6 billion.