Monthly markets review: Egypt and Abu Dhabi's stock markets outperform in August-continued

September 4, 2018--Most of the region's stock markets declined in value during August, which was a quiet month in terms of trading volumes as many markets closed for a week for the Eid Al Adha holidays.
United Arab Emirates
Abu Dhabi's Securities Exchange was one of the few markets to post gains in August, increasing in value by 2.62 percent.

February 12, 2019--Shares in Commercial Bank of Kuwait (CBK) rose sharply on Tuesday after the bank announced a surge in fourth quarter (Q4) earnings for 2018.
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Oil slips as investors weigh up supply factors
February 7, 2019--Oil fell on Thursday after data showing a rise in U.S. inventories weighed on sentiment already rattled by the global economy, though prices were buoyed by the prospect that supply could fall short of global demand.
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Mideast Stocks: Banks lead Saudi gains, Emirates NBD lifts Dubai
February 5, 2019--Saudi Arabia's stock market rose on Tuesday on the back of its blue-chip banks, while Dubai's gains were led by its top lender Emirates NBD.
Saudi Arabia's index gained 0.4 percent, with Al Rajhi Bank climbing 0.6 percent after the Capital Market Authority approved an increase in capital
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Monthly markets review: Region's stock markets make strong start to 2019, Saudi outperforms in January
February 5, 2019--Stock markets in the Middle East mostly made strong gains in January, tracking a rise in global markets and oil prices during the month. In most cases, markets were also buoyed by fourth quarter earnings results.
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Mideast Stocks: Egypt continues winning streak, banks boost Saudi
February 5, 2019--Egypt's blue-chip share index rose sharply on Tuesday boosted by major lender Commercial International Bank after its strong fourth-quarter earnings, while banks also lifted Saudi Arabia's stock market.
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FTSE Russell, Nasdaq Dubai to start Saudi equity indexes for derivatives trading
February 4, 2019-- Nasdaq Dubai has signed a licence agreement to launch derivatives based on FTSE Russell's Saudi Arabia equity indexes in the coming months, the two companies said on Monday.
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Mideast Stocks: FAB elevates Abu Dhabi, COMI lifts Egypt
January 4, 2019--Abu Dhabi stock market rose sharply on Monday, buoyed by First Abu Dhabi Bank after it proposed an increase in the foreign ownership limit, while Egypt's blue-chip index was lifted by its top lender Commercial International Bank .
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IMF Executive Board Concludes 2018 Article IV Consultation with the United Arab Emirates
February 1, 2019--On November 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the United Arab Emirates.
The economy is starting to recover from the 2015-16 slowdown caused by a decline in oil prices. Growth momentum is expected to strengthen in the next few years with increased investment and private sector credit, improved prospects in trading partners, and a boost to tourism from Expo 2020.
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Egypt shares jump 4.6% this week on expectations of a rate cut
January 31, 2019--Expectations that Egypt would cut interest rates and improved performance across emerging markets pushed up the country's stocks 4.6 percent this week, with some analysts expecting the trend to continue in coming weeks.
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New Saudi-MSCI index dips; earnings boost Dubai
January 31, 2019--Saudi Arabia's stock market, which introduced the MSCI Tadawul 30 index, fell on Thursday as its bank stocks slid, while Dubai gained sharply lifted by corporate earnings results.
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ETFGI reports ETFs and ETPs listed in the Middle East and Africa saw outflows of US$273 million during December 2018
January 31, 2019--ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in the Middle East and Africa saw net outflows of US$273 million during December.
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IMF-Kuwait: Staff Concluding Statement of the 2018 Article IV Mission
January 28, 2019--Higher oil prices in 2017-18 lifted growth and improved fiscal and external balances. The uncertainty about their future though, as demonstrated by the recent drop, underscores the need to reduce Kuwait's dependence on oil and save adequately for future generations.
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Mideast Stocks: Petchems hurt Saudi, Dubai weighed down by property stocks
January 24, 2019--The Saudi stock market dropped on Thursday as weak oil prices pressured its petrochemical firms, while weakness in property stocks such as DAMAC Properties weighed on Dubai stocks.
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Announcement Regarding The Approval On Listing Government Debt Instruments Of a Class Already Listed In the Saudi Stock Exchange
January 23, 2019--The Saudi Stock Exchange (Tadawul) has issued its resolution approving the listing request of the debt instruments from a class already listed, issued by the Government of the Kingdom of Saudi Arabia submitted by the Ministry of Finance as per the Listing Rules approved by the Board of the Capital Market Authority pursuant to its Resolution no. (3-123-2017) dated 9/4/1439H, corresponding to 27/12/2017G.
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Mideast Stocks: Blue chips lift Dubai, rest of Gulf mixed
January 17, 2019--The Dubai stock market rose in early trading on Thursday, helped by its blue-chip stocks, while other major Middle Eastern markets were mixed after corporate earnings announcements.
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GCC Equities Review: Bahrain market flat but trading volumes pick up
January 17, 2019--Although Bahrain's stock market benefited from much healthier levels of activity in 2018-research by KAMCO found it was the only Gulf stock market where the total value traded grew, by 80 percent to $900 million-the country's all-share index only traded within a thin pricing band and edged up by the end of the year by 0.4 percent, according to Eikon data.
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Belt and Road REIT could eventually float in UAE or China, says Equitativa chairman
January 17, 2019--The new Belt and Road real estate investment trust (REIT) launched by Dubai-based manager Equitativa and Hong Kong-based investment firm Affluent Partners is targeting an initial asset base of between $200 million-$500 million before taking the vehicle towards a listing on a public market either in the United Arab Emirates or China, Equitativa's chairman, Sylvain Vieujot, has said.
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BlueStar Israel Equity Review & Outlook-January 2019
January 17, 2019--Israeli Equities End 2018 Significantly Ahead of Developed International Peers-Isreal Tech Remains Positive and Leads US & Global Tech Benchmarks
Israeli stocks, as defined by the BlueStar Israel Global Index(R) (BIGI(R)), finished the year with a sharp 11.04% drop in December, bringing 2018 YTD performance to -6.01%.
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GCC Equities Review: Abu Dhabi ascends despite dramatic Dubai downfall
January 16, 2019--Investing in two stock markets in the same country would not usually be considered a way of diversifying assets, but investors who had stakes in both of the United Arab Emirates' main equities exchanges last year will have noted that that there was little in the way of correlation between them.
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