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MIDEAST STOCKS-Major Gulf markets end mixed; #AbuDhabi snaps winning streak | Nasdaq

MIDEAST STOCKS-Major Gulf markets end mixed; Abu Dhabi snaps winning streak | NasdaqMajor stock markets in the Gulf ended mixed on Wednesday, with the Abu Dhabi index ending its run of gains, while Saudi Arabia was lifted by its financial shares.The Saudi benchmark index .TASI rose 0.3%, helped by a 5.7% gain in Banque Saudi Fransi 1050.SE and a 3.3% increase in Dr Sulaiman Al-Habib Medical Services 4013.SE.However, petrochemical firm Saudi Basic Industries Corp (SABIC) 2010.SE eased 0.3%.SABIC ...
Tags: Travel, Saudi Arabia, Wam, Qatar, Hsbc, United Arab Emirates, Dubai, Abu Dhabi, Morgan Stanley, Uae, Gulf, Reuters, Adi, SABIC, Tasi, Rupert Neil Bumfrey


MIDEAST STOCKS- #AbuDhabi outperforms major Gulf markets | Nasdaq

MIDEAST STOCKS-Abu Dhabi outperforms major Gulf markets | NasdaqThe Abu Dhabi stock market advanced on Tuesday as aquaculture company International Holding continued its gains, while the Saudi index was bolstered by Advanced Petrochemical 2330.SE.In Abu Dhabi, the index .ADI rose 1.3%, on track to extend gains for an eight consecutive session, boosted by a 13.6% rise in International Holding IHC.AD.On Sunday, the company said it planned to divest all its shares in defence supplier Trust Internat...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Adi, Yanbu, Tasi, Rupert Neil Bumfrey, Dubai Islamic Bank DISB, International Holding, International Holding IHC, Trust International Holding, NasdaqThe Abu Dhabi


MIDEAST STOCKS-Most Gulf markets fall in early trade; #Qatar rises | Nasdaq

MIDEAST STOCKS-Most Gulf markets fall in early trade; Qatar rises | NasdaqMajor stock markets in the Gulf traded lower on Monday, pressured by financial shares amid falling oil prices, although Qatar bucked the sombre mood to open higher.Oil prices, a key catalyst for the Gulf region's financial markets, edged lower on renewed concerns that European lockdowns may slow an anticipated recovery in demand for fuel products. O/RSaudi Arabia's benchmark index .TASI fell 0.3%, with National Commercial ...
Tags: Travel, Qatar, Dubai, Abu Dhabi, Gulf, Aramco, Adi, Tasi, AED, EFG Hermes, Rupert Neil Bumfrey, Samba Financial Group, National Commercial Bank, First Abu Dhabi Bank FAB, Dana Gas DANA, Dubai Islamic Bank DISB


MIDEAST STOCKS- #Dubai leads most of Gulf higher; #Saudi index dips | Nasdaq

Stock markets in the United Arab Emirates ended higher on Monday, extending gains from the previous session following Dubai's plans to increase tourism capacity, while the Saudi index was hit by its banking shares.Dubai's main share index .DFMGI closed 0.7% higher, with blue-chip developer Emaar Properties EMAR.DU and Dubai Investments DINV.DU, the Gulf-based diversified investment group, both advancing 2.5% each.The Dubai government on Saturday announced its plan to increase tourism and hotel c...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Rupert Neil Bumfrey, Samba Financial Group, Al Rajhi Bank, Dubai Expo, First Abu Dhabi Bank, S P Global Ratings


MIDEAST STOCKS- #Saudi index leads major Gulf markets lower | Nasdaq

Major stock markets in the Gulf fell in early trade on Wednesday, led by losses in financials, with Saudi index leading the way.Oil prices, a key catalyst for the Gulf's financial markets, retreated after industry data showed a surprise build in U.S. crude stocks. O/RSaudi's benchmark index .TASI dropped 0.8%, weighed down by a decline in Al Rajhi Bank 1120.SE and oil giant Saudi Aramco 2222.SE.However, HSBC said Aramco's prospects look more positive and promising for 2021, hinting at declining ...
Tags: Travel, Saudi Arabia, Joe Biden, Hsbc, Dubai, Biden, Abu Dhabi, Gulf, Aramco, Salman, Adi, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, First Abu Dhabi Bank


MIDEAST STOCKS- #Saudi stocks gain as oil soars; #Qatar dips on weak earnings | Nasdaq

MIDEAST STOCKS-Saudi stocks gain as oil soars; Qatar dips on weak earnings | Nasdaq Saudi shares rose on Monday, on course to extend gains for an eighth consecutive session amid rising crude prices, while a string of disappointing corporate earnings weighed on Qatar.Brent crude LCOc1 was up $1.02, or 1.6%, at $63.45 a barrel at 0806 GMT, as fears of heightened tensions in the Middle East prompted fresh buying, while hopes that U.S. stimulus and an easing of lockdowns will buoy fuel demand provid...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Spa, Adi, Emaar, Tasi, Rupert Neil Bumfrey, QSI, Mohamed Alabbar, Al Rajhi Bank, First Abu Dhabi Bank, Aldar Properties ALDAR


MIDEAST STOCKS-Most major Gulf markets gain in early trade; #AbuDhabi dips | Nasdaq

MIDEAST STOCKS-Most major Gulf markets gain in early trade; Abu Dhabi dips | Nasdaq Most major stock markets in the Gulf traded higher on Wednesday, extending gains from the previous day, with Saudi Arabia on track to extend gains for fifth consecutive session.Saudi Arabia's benchmark index .TASI rose 0.5%, boosted by a 3.9% jump in National Commercial Bank (NCB) 1180.SE after it reported higher-than-expected full year profit.NCB, the kingdom's biggest lender, posted a net profit of 11.44 billio...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Gulf, Adi, NCB, Tasi, Rupert Neil Bumfrey, Industries Qatar, First Abu Dhabi Bank, Emaar Properties EMAR DU, Refinitiv, Emirates NBD Bank ENBD


MIDEAST STOCKS- #Dubai leads most Gulf markets higher; #Saudi eases | Nasdaq

Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender Emirates NBD, while Saudi bucked the trend to close lower.Dubai's main share index .DFMGI advanced 1.4%, with Emirates NBD ENBD.DU jumping 4.4% and sharia-compliant lender Dubai Islamic Bank DISB.DU up 0.8%.Emirates NBD recorded a more 20% increase in the number and value of fund transfers via its DirectRemit platform in 2020 compared to the previous year.Property stocks also drove gains,...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Emirates NBD, Adi, Etisalat, Tasi, Saudi Telecom Company, Abu Dhabi Executive Council, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Abu Dhabi Government


MIDEAST STOCKS- #UAE markets extend winning run; #Qatar little changed | Nasdaq

MIDEAST STOCKS-UAE markets extend winning run; Qatar little changed | Nasdaq Stock markets in the United Arab Emirates extended their winning run on Tuesday with financials lifting the Abu Dhabi benchmark to its fourth straight session of gains.The Abu Dhabi index .ADI finished 0.4% higher as the UAE's largest lender, First Abu Dhabi Bank FAB.AD, firmed 0.9%, while Abu Dhabi Islamic Bank ADIB.AD added 1%.In Dubai, the main share index .DFMGI tacked on nearly a percent, supported by a 1.2% gain i...
Tags: Travel, Qatar, Healthcare, United Arab Emirates, Dubai, Abu Dhabi, EIA, Uae, Adi, Tasi, Rupert Neil Bumfrey, First Abu Dhabi Bank, Abu Dhabi Islamic Bank ADIB, Dubai Islamic Bank DISB DU, Emirates NBD Bank ENBD, Dr Sulaiman Al Habib Medical Services Group Co


MIDEAST STOCKS-Major Gulf markets little changed in early trade | Nasdaq

MIDEAST STOCKS-Major Gulf markets little changed in early trade | Nasdaq Major stock markets in the Gulf were little changed on Monday in the absence of new factors to encourage buying, with Dubai on track to end two sessions of gains.Saudi Arabia's benchmark index .TASI edged up 0.2%, supported by a 0.3% rise in Al Rajhi Bank 1120.SE and a 1.6% increase in Saudi Cement 3030.SE.Most cement producers traded in positive territory with Tabuk Cement 3090.SE leading the gains, after the kingdom's cro...
Tags: Travel, Saudi Arabia, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Mohammed bin Salman, Adi, Tabuk, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Al Rajhi Bank, First Abu Dhabi Bank, NEOM


MIDEAST STOCKS-Gulf stocks rise on higher oil prices as OPEC+ expected to cap output | Nasdaq

MIDEAST STOCKS-Gulf stocks rise on higher oil prices as OPEC+ expected to cap output | Nasdaq Major Gulf stock markets traded higher early on Monday amid rising oil prices, with Dubai outperforming the region in a boost led by property and banking stocks.Oil rose on Monday on expectations the Organization of the Petroleum Exporting Countries (OPEC) and allied producers may opt at a meeting on Monday to cap output at current levels in February, due to demand worries linked to the COVID-19 pandemi...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Gulf, Adi, Gulf Cooperation Council GCC, Ministry of Energy, Petroleum Exporting Countries OPEC, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank


MIDEAST STOCKS- #UAE markets close lower after country reports cases of new virus variant | Nasdaq

MIDEAST STOCKS-UAE markets close lower after country reports cases of new virus variant | Nasdaq Stock markets in the United Arab Emirates (UAE) finished lower on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.The UAE has discovered a "limited number" of cases of people infected with the new coronavirus variant, the first confirmed cases of the more contagious version of the virus in the Gulf region.The UAE has kept its borders and international flight...
Tags: Travel, Saudi Arabia, Qatar, Britain, Dubai, Abu Dhabi, Bahrain, Uae, Gulf, Adi, United Arab Emirates UAE, Qatar National Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Meraas


MIDEAST STOCKS-Major Gulf markets steady; #Qatar extends losses | Nasdaq

MIDEAST STOCKS-Major Gulf markets steady; Qatar extends losses | Nasdaq Most major Gulf markets were little changed in early trade on Wednesday, with Qatar extending losses for a third straight session.Saudi Arabia's benchmark index .TASI traded flat, with oil behemoth Saudi Aramco 2222.SE dropping 0.4% and Al Rajhi Bank 1120.SE losing 0.3%.Dubai's main share index .DFMGI added 0.1%, with its largest lender Emirates NBD Bank ENBD.DU rising 0.5%, while blue-chip developer Emaar Properties EMAR.DU...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Saadiyat Island, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Aldar, Pfizer PFE N, First Abu Dhabi Bank, DFMGI


MIDEAST STOCKS-Major Gulf markets ease in early trade; #Qatar rises | Nasdaq

MIDEAST STOCKS-Major Gulf markets ease in early trade; Qatar rises | Nasdaq Most major stock markets were subdued in early trade on Tuesday as oil prices weakened, while Qatar's index was supported by financial shares.Saudi Arabia's benchmark index .TASI slipped 0.1%, with Riyad Bank 1010.SE declining 1.2% and Jabal Omar Development 4250.SE dropping 1.8%.Oil prices, a key catalyst for Gulf markets, edged down as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand nex...
Tags: Travel, Europe, Saudi Arabia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Riyad Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, DFMGI, Abu Dhabi Islamic Bank ADIB


MIDEAST STOCKS-Most markets gain as financials rise; #Qatar eases | Nasdaq

MIDEAST STOCKS-Most markets gain as financials rise; Qatar eases | Nasdaq Most Gulf stock markets rose in early trade on Wednesday, supported by gains in financials, while petrochemical firm Industries Qatar dragged down Qatari stocks.Saudi Arabia's benchmark index .ADI rose 0.4%, with Al Rajhi Bank 1120.SE gaining 0.5% and petrochemical maker Saudi Basic Industries 2010.SE up 0.7%.Oil giant Saudi Aramco 2222.SE and energy services company Baker Hughes BKR.N formed a 50/50 joint venture, Novel, ...
Tags: Travel, Washington, Saudi Arabia, Qatar, United States, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Kuwait, Gulf, Aramco, Adi, Emirati, Emaar, Rupert Neil Bumfrey


MIDEAST STOCKS-Major Gulf markets fall as financials dip | Nasdaq

MIDEAST STOCKS-Major Gulf markets fall as financials dip | Nasdaq Major stock markets in the Gulf fell in early trade on Tuesday, hurt by losses in banking shares, with Qatari stocks falling the most.Saudi Arabia's benchmark index .TASI dropped 0.3%, with Al Rajhi Bank 1120.SE losing 0.4% and petrochemical firm Saudi Basic Industries 2010.SE declining 0.8%.Dubai's main share index .DFMGI lost 0.2%, hurt by a 1.4% fall in its largest lender Emirates NBD Bank ENBD.DU, while blue-chip developer Ema...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Doha, Gulf, Reuters, Adi, United Arab Emirates Bahrain, Emaar, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank


MIDEAST STOCKS-Markets track oil lower ahead of OPEC+ meeting; most set for monthly gains | Nasdaq

MIDEAST STOCKS-Markets track oil lower ahead of OPEC+ meeting; most set for monthly gains | Nasdaq Most major Gulf markets weakened on Monday, tracking lower oil prices ahead of a crucial meeting of producer group Organization of the Petroleum Exporting Countries (OPEC+), but they were set to finish the month higher on hopes of a COVID-19 vaccine.Financial markets worldwide have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc PFE.N and Moderna Inc MRNA.O as we...
Tags: Travel, Saudi Arabia, Russia, Opec, Qatar, Britain, Healthcare, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Rupert Neil Bumfrey, QSI, First Abu Dhabi Bank, Pfizer Inc PFE N


MIDEAST STOCKS- #Saudi leads losses in morning trade | Nasdaq

Most major Gulf markets struggled in the final trading session of the week on Thursday, as a rally fuelled by optimism around COVID-19 vaccine developments lost steam.Financial markets globally have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc PFE.N and Moderna Inc MRNA.O, and British firm AstraZeneca AZN.L released positive data on the effectiveness of their vaccine candidates.Investors are optimistic that progress made on the vaccine front would help econ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, First Abu Dhabi Bank, Emirates NBD ENBD, Pfizer Inc PFE N, Emaar Properties EMAR DU, Emirates Telecom Etisalat, Moderna Inc


MIDEAST STOCKS-Major Gulf shares extend gains on upbeat global outlook | Nasdaq

Major Gulf markets rallied on Wednesday as investors cheered the prospects of a faster-than-expected global economic recovery, driven mainly by encouraging news on the COVID-19 vaccine development front.Financial markets worldwide have gained in the past couple of weeks as U.S. drugmakers Pfizer Inc PFE.N and Moderna Inc MRNA.O as well as British firm AstraZeneca AZN.L released positive data on the effectiveness of their vaccine candidates.Aiding sentiment, the uncertainty over presidential tran...
Tags: Travel, Qatar, Joe Biden, United States, Dubai, Abu Dhabi, Donald Trump, Gulf, Adi, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, National Commercial Bank, Al Rajhi Bank, Pfizer Inc PFE N


Most markets retreat on lower oil prices, but post weekly gains | Reuters

Most markets retreat on lower oil prices, but post weekly gains | Reuters Major Gulf markets ended down on Thursday weighed by lower oil prices, but eked out gains for the week on optimism over a COVID-19 vaccine and hopes of a speedy global economic recovery.Over the past two weeks, financial markets globally were spurred by two U.S. drugmakers, Pfizer PFE.N and Moderna Inc MRNA.O, releasing encouraging news on the effectiveness of their vaccines against the coronavirus infection.The euphoria f...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Bahrain, Kuwait, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Al Rajhi Bank, First Abu Dhabi Bank, DFMGI, Qatar National Bank QNBK


MIDEAST STOCKS-Most major Gulf markets gain; #Saudi index flat | Nasdaq

MIDEAST STOCKS-Most major Gulf markets gain; Saudi index flat | Nasdaq Most major stock markets in the Gulf rose early on Monday, extending gains on hopes of a COVID-19 vaccine following encouraging initial trial results for an experimental drug.Drugmaker Pfizer PFE.N announced last week that its experimental COVID-19 vaccine had been more than 90% effective in preventing the virus.Dubai's main share index .DFMGI gained 1%. Largest lender Emirates NBD Bank ENBD.DU rose 1.5%, while blue-chip deve...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Rupert Neil Bumfrey, QSI, Pfizer PFE N, First Abu Dhabi Bank FAB, Emaar Properties EMAR, Emirates NBD Bank ENBD, Qatar National Bank QNBK QA, Etisalat ETISALAT


MIDEAST STOCKS-Major Gulf markets rise on higher crude prices; Kuwait bucks the trend | Nasdaq

MIDEAST STOCKS-Major Gulf markets rise on higher crude prices; Kuwait bucks the trend | Nasdaq Most major Gulf markets gained on Wednesday as crude prices rose on hopes of an effective COVID-19 vaccine, while Kuwait and Qatar markets lost steam after a string of solid gains.Benchmark Brent oil rose to a more than two-month high above $45 a barrel on hopes of an effective COVID-19 vaccine and an industry report showing U.S. crude inventories fell more than expected. O/RCrude stockpiles fell by 5....
Tags: Travel, Qatar, Dubai, Abu Dhabi, Kuwait, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Emaar Malls, First Abu Dhabi Bank, Abu Dhabi Islamic Bank ADIB, Emaar Properties EMAR, BKP, Emaar Malls EMAA DU


MIDEAST STOCKS-Saudi extends gains as oil rises on vaccine cheer; Dubai, Qatar struggle | Nasdaq

MIDEAST STOCKS-Saudi extends gains as oil rises on vaccine cheer; Dubai, Qatar struggle | Nasdaq Saudi shares on Wednesday traded higher as crude prices gained on hopes of an effective COVID-19 vaccine, while Dubai and Qatar markets lost steam after two consecutive sessions of solid gains.Oil prices climbed more than 1%, after an industry report showed U.S. crude inventories dropped more than expected, while vaccine hopes continued to bolster sentiment. O/RCrude stockpiles fell by 5.1 million ba...
Tags: Travel, Qatar, Middle East, Dubai, Abu Dhabi, Kuwait, Reuters, Adi, Emaar, Tasi, Rupert Neil Bumfrey, Emaar Malls, Dubai Qatar, Al Rajhi Bank, First Abu Dhabi Bank, Abu Dhabi Islamic Bank ADIB


MIDEAST STOCKS- #Saudi index leads losses with most Gulf markets subdued | Nasdaq

Major Gulf markets ended lower on Wednesday with the Saudi index leading losses, while Egypt's bourse was hurt by a blue-chip selloff.Saudi Arabia's benchmark index .TASI fell 0.9%, with Saudi Electricity 5110.SE shedding 3.7% and National Gas and Industrialization Company 2080.SE dropping 1%.However, National Commercial Bank (NCB) 1180.SE advanced 1.3% after it reported on Tuesday a nearly 24% rise in third-quarter net profit.The kingdom's largest lender posted a net profit of 3.16 billion riya...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Gulf, Adi, Tasi, Rupert Neil Bumfrey, Gulf Egypt, Aldar, DFMGI, Emaar Properties EMAR DU, Etisalat ETISALAT, Industries Qatar IQCD, Aldar Properties ALDAR


MIDEAST STOCKS-Lender Emirates NBD buoys #Dubai; Egypt extends losses | Nasdaq

MIDEAST STOCKS-Lender Emirates NBD buoys Dubai; Egypt extends losses | NasdaqDubai's stock market ended higher on Thursday, driven by a rebound in its top lender Emirates NBD ENBD.DU, while Egyptian stocks fell sharply due to a broad selloff in blue-chip shares.Dubai's main share index .DFMGI rose 0.7%, led by a rebound in its largest lender Emirates NBD ENBD.DU, following two sessions of losses.On Tuesday, the lender reported a sharp decline in quarterly profit, hit by a rise in bad debt charge...
Tags: Travel, Saudi Arabia, Egypt, Dubai, Abu Dhabi, Adi, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Gulf Egypt, Emirates NBD ENBD, Mostafa Madbouly, Lender Emirates NBD, El Sewedy Electric SWDY, Emirates Telecommunications Etisalat ETISALAT


MIDEAST STOCKS-Major Gulf markets mixed in early trade, #Dubai index up | Nasdaq

MIDEAST STOCKS-Major Gulf markets mixed in early trade, Dubai index up | Nasdaq Major stock markets in the Gulf were mixed early on Thursday, in the absence of fresh factors to trade on, with top lender Emirates NBD ENBD.DU boosting the Dubai index. Saudi Arabia's benchmark index .TASI fell 0.2%, hurt by a 0.8% drop in National Commercial Bank 1180.SE and a 1.4% retreat in Etihad Etisalat (Mobily) 7020.SE despite reporting a higher third-quarter profit.Saudi Telecom Company 7010.SE, however, g...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Etihad Etisalat, Saudi Telecom Company, Rupert Neil Bumfrey, Damac, Hussain Sajwani Damac, QSI, Emirates NBD ENBD, Qatar National Bank QNBK


MIDEAST STOCKS-Most major Gulf markets fall; #Qatar rises | Nasdaq

MIDEAST STOCKS-Most major Gulf markets fall; Qatar rises | Nasdaq: Most major stock markets in the Gulf fell on Tuesday, with the Dubai index hit by losses in top lender Emirates NBD, while Qatar bucked the trend.Saudi Arabia's benchmark index .TASI dropped 0.7%, with oil behemoth Saudi Aramco 2222.SE declining 1% and Al Rajhi Bank 1120.SE losing 0.3%.Saudi Aramco and petrochemical firm Saudi Basic Industries 2010.SE have decided to re-evaluate their $20 billion crude-oil-to-chemicals project an...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Saudi Aramco, Emirates NBD, Adi, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Abu Dhabi Commercial Bank ADCB, Al Rajhi Bank, Qatar Gas Transport Company


Most Gulf Markets little changed in quiet early trade

  Most Gulf Markets little changed in quiet early trade Most major stock markets in the Gulf were little changed in early trade on Sunday.Saudi Arabia's benchmark index .TASI gained 0.4%, led by a 0.8% rise in Al Rajhi Bank 1120.SE a 1.3% increase in petrochemical maker Saudi Basic Industries 2010.SE.Dubai's main share index .DFMGI edged up 0.2%, with Emirates NBD Bank ENBD.DU rising 1%.The Abu Dhabi index .ADI eased 0.1%, hurt by a 1.2% fall in Abu Dhabi Commercial Bank ADCB.AD and a 0.2% dec...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Adi, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Al Rajhi Bank, First Abu Dhabi Bank, Qatar Islamic Bank QISB QA


MIDEAST STOCKS-Major Gulf markets gain as financial shares rise | Nasdaq

:Major stock markets rose in early trade on Monday, with gains in National Commercial Bank and Samba Financial Group helping the Saudi index after they signed a binding merger agreement.The benchmark index .TASI in Saudi Arabia gained 0.2%, with Samba Financial Group 1090.SE rising 2.7%, while National Commercial Bank (NCB) 1180.SE was up 1.7%.National Commercial Bank, the kingdom's biggest lender, entered a binding merger agreement with smaller lender Samba Financial Group to create a combined ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, National Commercial Bank NCB, NCB, Tasi, Rupert Neil Bumfrey, Samba Financial Group, National Commercial Bank, Gulf Dubai, Qatar National Bank QNBK, Emaar Properties EMAR


MIDEAST STOCKS-Most major Gulf markets little changed; Air Arabia lifts #Dubai | Nasdaq

MIDEAST STOCKS-Most major Gulf markets little changed; Air Arabia lifts Dubai | Nasdaq:Major stock markets in the Gulf were little changed in early trade on Thursday, with Air Arabia helping the Dubai index stay in positive territory.Saudi Arabia's benchmark index .TASI rose 0.3%, with utility firm Saudi Electricity 5110.SE advancing 2% while National Gas and Industrialization Company 2080.SE was up 0.8%.Supermarket retailer BinDawood Holding IPO-BDHA.SE on Wednesday said it had priced its initi...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Tasi, Air Arabia, Rupert Neil Bumfrey, QSI, Masraf Al Rayan, First Abu Dhabi Bank FAB, BinDawood Holding IPO BDHA, Industries Qatar IQCD QA, National Gas



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