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#AbuDhabi index extends gains for eighth session; other markets flat | Reuters

Abu Dhabi index extends gains for eighth session; other markets flat | ReutersThe Abu Dhabi stock market ended higher on Tuesday as aquaculture company International Holding continued its advance, while other major Gulf markets were little changed.In Abu Dhabi, the index climbed 1.1%, extending gains for an eighth consecutive session, boosted by a 12.8% rise in International Holding.On Sunday, the company said it planned to divest all its shares in defence supplier Trust International Holding fo...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Rupert Neil Bumfrey, Advanced Petrochemical, Banque Saudi Fransi, Yanbu Cement, International Holding, International Holdings, Daniel Takieddine, ReutersThe Abu Dhabi, Trust International Holding


Mideast Stocks: #Dubai leads major Gulf markets higher | ZAWYA MENA Edition

Most stock markets in the Gulf ended higher on Monday, amid hopes that the busy Suez Canal waterway will soon be reopened after the ship blocking it was partially re-floated.The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting traffic on the shortest shipping route between Europe and Asia. Saudi Arabia's benchmark index gained 1.4%, buoyed by a 1.5% rise in Al Rajhi Bank and a 3.6% surge in National Com...
Tags: Travel, Europe, China, Qatar, GCC, Dubai, Abu Dhabi, Gulf, Emirates NBD, Suez Canal, Mideast, Sheikh Mohammed bin Rashid al Maktoum, Emaar Properties, Rupert Neil Bumfrey, Al Rajhi Bank, Asia Saudi Arabia


Mideast Stocks: #Qatar leads most of Gulf lower | ZAWYA MENA Edition

Most Middle Eastern stock markets fell on Wednesday, with Saudi Arabia's benchmark index reversing early gains and snapping a nine-day rally.The index fell 0.2% and Saudi telecom and Banque Saudi Fransi led the losses, down 2.2% and 2.6%, respectively.Saudi Arabia's inflation rose to 5.7% in January from 5.3% the month before, continuing a rise fuelled by a tripling of value-added tax last year, government data showed. The economy of the world's largest oil exporter contracted last year, but dat...
Tags: Travel, Saudi Arabia, Africa, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Aramex, Etisalat, Qatar National Bank, Rupert Neil Bumfrey, Banque Saudi Fransi, Dubai Islamic Bank DIB, Daniel Takieddine



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