Saudi Stock Exchange records weekly losses, nears correction end-continued

September 14, 2018--The Saudi Stock Exchange (Tadawul) saw a negative performance in the second week of September, on the back of most of the market sectors.
view more

Source: Zawya.com


Middle East ETP News
Abu Dhabi Securities Exchange automates investor services
October 13, 2018--The Abu Dhabi Securities Exchange (ADX) has launched an integrated digital platform, Sahmi, which provides digital services for individual investors.
The platform was launched during the Gitex Technology Week 2018, in which ADX has a presence at the Abu Dhabi government pavilion.
read more
Kuwait's Economic Outlook, October 2018
October 3, 2018--With hydrocarbons accounting for nearly half of GDP, the economy contracted by 3.5 percent in 2017 weighed down by OPEC related oil production cuts.
read more
Qatar's Economic Outlook-October 2018
October 3, 2018--GDP growth in 2017 slowed to 1.6 percent, the weakest in over two decades, mainly due to the diplomatic rift between GCC countries and Qatar, which culminated in the severing of trade and diplomatic ties in mid-2017.
read more
United Arab Emirates: Economic Outlook-October 2018
October 3, 2018--Real GDP growth in the UAE is estimated to have slowed considerably from 3.0 percent in 2016 to 0.8 percent in 2017.
read more
GCC equities review: Emerging markets worries weaken Egypt's index
October 3, 2018--Weak emerging markets (EM) performance weighed on investor sentiment during the month of September, with the MSCI Emerging Markets index down more than 9 percent since the start of the year.
read more
Mideast Stocks: Most Gulf markets inch up, Egypt slips on emerging market slump
October 3, 2018--Most major Middle Eastern stock markets rose modestly on Wednesday, while real estate stocks continued to weigh on Dubai and Egypt's blue-chip index reflected emerging market worries.
The Dubai index closed 0.8 percent lower, pressured by real estate and bank stocks.
read more
Saudi Arabia's Economic Outlook-October 2018
October 3, 2018--The Saudi Arabian economy is recovering from a mild contraction in 2017, driven largely by higher oil production and rising consumer spending. Saudi crude oil production reached 10.4 million barrels per day (mbpd) in June 2018, its highest level since December 2016, just before the OPEC+ agreement for limiting production.
read more
Modest Rebound Continues in Middle East and North Africa But New Sources of Growth and Job Creation Needed
October 3, 2018--New World Bank report forecasts growth to reach 2.8% by 2020, while calling for a regional push toward a new digital economy that would generate higher levels of growth.
Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to a new World Bank report.
read more
Egypt's Economic Outlook-October 2018 Latest Issue: October 2018
October 3, 2018--Sustained and accelerating growth provides evidence of an expansionary fiscal consolidation in a context of a competitive exchange rate and strong supply response in the energy sector to removal of distortions.
read more
Mideast Stocks: Saudi gains on oil price rally, state spending boost
September 30, 2018--Saudi shares rose 1.3 percent on Sunday to their highest close in more than a month, fueled by an oil price rally and the kingdom's plans to boost state spending.
read more
Mideast Stocks: Kuwait slides on day of FTSE entry, DSI continues to hurt Dubai
September 24, 2018-- Gulf stocks opened in negative territory on Monday, mirroring a slide in Asian shares after China's decision to cancel talks with the United States increased concerns about a protracted trade war.
read more
Mideast Stocks: Trade concerns weigh on Dubai DP World; Orascom Investment shines in Egypt
September 24, 2018--Gulf stocks traded in negative territory on Monday, mirroring a dip in global market as concerns increased over a trade row between the United States and China.
read more