Egypt's Economic Growth Rate Expected to Reach 5% in 2018-IMF Official-continued

January 30, 2018--Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour expected the economic growth rate in Egypt to exceed projections hitting about 5 percent in 2018.
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Middle East ETP News
MIDEAST STOCKS-Milaha boosts Qatar before index entry, Al Rajhi pulls down Saudi
March 15, 2018--A surge by Qatar Navigation (Milaha) lifted the Qatari equity index on Thursday ahead of the stock's entry into FTSE indexes, while profit-taking in Al Rajhi Bank pulled down Riyadh.
Qatar's index climbed 1.1 percent as Milaha added 4.0 percent in unusually heavy trade.
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From Now, it Will be Cheaper for Companies to Make Issuances on TASE
?March 14, 2018--On March 13, 2018 a tax bill passed its final hearings in the Knesset, whereby issuance expenses are to be recognized and deductible for tax purposes.
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Saudi Aramco IPO in serious trouble: NY out, London iffy and Tadawul risky
March 14, 2018--Two years ago, Saudi Crown Prince Mohammed bin Salman's announcement that Aramco would conduct an IPO for 5% of its shares was by far the biggest news on the planet.
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Israel: Staff Concluding Statement of the 2018 Article IV Mission
March 14, 2018--Israel's economy is thriving, enjoying solid growth and unemployment declining to historic lows. Near-term prospects are for further robust growth in the next few years and inflation is expected to rise although the pace of that increase is uncertain.
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MIDEAST STOCKS-Higher ownership ceilings boost Qatar, Egypt climbs on CIB
March 13, 2018--Qatar's stock market continued rising on Tuesday after two top companies said they were raising their ceilings for foreign ownership, while strength in Egypt's biggest bank lifted that market. Most of the rest of the region was subdued.
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MIDEAST STOCKS-Qatar soars as QNB to lift ownership ceiling, Saudi also strong
March 12, 2018--Qatar's stock market soared on Monday after Qatar National Bank said it would raise its ceiling for foreign ownership, while expectations for more inflows of foreign money lifted Saudi Arabia.
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UK officials told that Aramco IPO unlikely until 2019: FT
March 11, 2018--British officials have been informed by their Saudi counterparts that oil giant Saudi Aramco's IPO-ARMO.SE initial public offering is likely to be delayed until 2019, the Financial Times reported.
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MIDEAST STOCKS-Abu Dhabi down; Egypt hits record high
March 6, 2018--Gulf stocks were mixed on Tuesday, with the Saudi market. TASI up on steady oil prices and Abu Dhabi dragged down by First Abu Dhabi Bank's stock going ex-dividend.
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Qatar Stock Exchange Lists the First ETF in Qatar
March 5, 2018--QE Index ETF today has become the first Exchange Traded Fund (ETF) listed on Qatar Stock Exchange under the symbol "QETF", it is the first ETF in Qatar and the largest ETF in the GCC.
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Dubai Gold & Commodities Exchange appoints INTL FCStone Commodities DMCC to Serve as Market Maker for their Sharia-Compliant Spot Gold Contract (DGSG)
March 5, 2018--INTL FCStone Inc. (NASDAQ: INTL) today announced that its Dubai-based subsidiary, INTL FCStone Commodities DMCC ("the Company") will serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract, which will be available for trading beginning on March 29, 2018.
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DGCX Records its Best Month since Inception with 67% Growth in Volume
March 1, 2018--Dubai Gold and Commodities Exchange (DGCX) continued its record-breaking start to the year while delivering its best month since inception. Last month, the Exchange traded its highest monthly Volume of 2,097,739 contracts, valued at USD 47.03 billion, recording 67% year-on-year (Y-o-Y) growth.
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Most big markets fall but local institutions help Qatar rebound a little
March 1, 2018--Major Middle Eastern stock markets mostly fell on Thursday after oil prices slipped more than two percent overnight and global bourses dropped, although buying by local institutions helped Qatar rebound slightly from its steep fall on Wednesday.
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MIDEAST STOCKS-Banks still weak in Saudi, ex-dividends drag down Qatar
February 28, 2018--Major Gulf stock markets were mostly lower in early trade on Wednesday with Saudi banks dropping for a fourth straight day, partly because of concern about the government's move to retroactively increase their Islamic tax liabilities.
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Abu Dhabi looks to privatisations to boost sluggish economy
February 27, 2018--Abu Dhabi plans to accelerate the privatisation of several state companies and overhaul its national energy company as the oil-rich emirate attempts to revive sluggish growth.
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BRIEF-Goldman Sachs Saudi Arabia Joins Tadawul as Member
February 27, 2018--Goldman Sachs Saudi Arabia has completed all regulatory and technical requirements to become duly licensed, approved and authorized member of Tadawu1.
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TASE is Launching 6 New Tel-Bond Indices
February 25, 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
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MIDEAST STOCKS-Emaar continues to buoy Dubai, ex-dividend Qatar Islamic Bank tumbles
February 22, 2018--A rebound of shares in blue chip Emaar Properties continued to buoy Dubai's stock market in early trade on Thursday while the rest of the region mostly moved sideways.
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MSCI decision on Saudi Arabia to be independent of Aramco listing-executive
February 22, 2018--If the Aramco IPO happens, where it lists, what and how it lists is independent of what MSCI will do to classify, says head of MSCI for the Middle East.
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IMF Staff Concludes Visit to West Bank and Gaza
February 20, 2018--With growth slowing and scarce economic and financial buffers, the strained geopolitical situation is testing the resilience of the Palestinian economy.
Reunifying the West Bank and Gaza under a single administration could provide a modest boost to growth, but managing the budgetary costs will not be easy.
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MIDEAST STOCKS-Region barely moves, dividend cut pulls down Abu Dhabi's Waha Capital
February 20, 2018--Gulf stock markets barely moved early on Monday although a dividend cut pulled down major Abu Dhabi-listed financial firm Waha Capital.
The Abu Dhabi index slipped 0.2 percent as Waha, which had been trading near 10-month highs, pulled back 4.1 percent.
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