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COVID Impact: Etisalat witnesses 3% drop in #UAE subscribers to 12.2mln | ZAWYA MENA Edition

COVID Impact: Etisalat witnesses 3% drop in UAE subscribers to 12.2mln | ZAWYA MENA Edition Telecom subscribers in the UAE declined by hundreds of thousands last year as the coronavirus pandemic took a toll on the economy.The UAE’s major telecom operator, Etisalat, reported on Tuesday that its subscriber base in the country dropped by 366,000 (3 percent) to 12.2 million in the fourth quarter of 2020. Mobile subscribers fell 4 percent year-on-year to 10.4 million, mainly due to the decline in the...
Tags: Travel, Uae, Etisalat, Rupert Neil Bumfrey, Emirates Telecommunications Group Etisalat, MENA Edition Telecom


Mideast Stocks: Most Gulf markets track oil, Asian shares higher | ZAWYA MENA Edition

Most stock markets in the Gulf region rose in early trade on Tuesday, tracking gains in oil prices and Asian shares, with Dubai benchmark index on track to snap five sessions of losses.Oil prices, a key catalyst for the Gulf region's financial markets, jumped more than $1 on a tight global supply outlook and an approaching meeting of top crude producers is expected to keep output largely in check.Saudi Arabia's benchmark index rose 0.8%, with Al Rajhi Bank increasing 1.5%, while petrochemical fi...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Emirates NBD, Emaar Properties, Etisalat, Qatar National Bank, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, Masraf Al Rayan, First Abu Dhabi Bank, MENA Edition, Emirates Telecommunications Group Etisalat


Major Gulf indexes end mixed, few fresh factors | Reuters

Major Gulf indexes end mixed, few fresh factors | Reuters Major stock markets in the Gulf ended mixed on Sunday, in the absence of fresh factors to trade on, with property shares weighing on the Dubai index.Saudi Arabia’s benchmark index added 0.7%, ending two sessions of losses, with Al Rajhi Bank rising 1% and Banque Saudi Fransi climbing 3.8%.The kingdom’s food and drug administration has approved the COVID-19 vaccine made by AstraZeneca, Reuters reported on Thursday, citing state TV.Dubai’s ...
Tags: Travel, Saudi Arabia, Middle East, Dubai, Abu Dhabi, Gulf, Trump, Reuters, Reuters Major, Emaar Properties, Commercial Bank, Etisalat, Rupert Neil Bumfrey, Damac, Hussain Sajwani, Banque Saudi Fransi


Mideast Stocks Mixed as Investors Weigh Reflation: Inside EM - Bloomberg

Mideast Stocks Mixed as Investors Weigh Reflation: Inside EM - Bloomberg Middle East stocks were mixed as traders weighed an acceleration in global coronavirus vaccinations against a rise in U.S. yields that may signal the return of inflation.Israel’s TA-35 climbed as much as 1%, while benchmark stock indexes in Saudi Arabia, Bahrain and Egypt also made gains.“We see higher inflation expectation as positive for the cyclical parts of emerging markets, such as the MENA region, especially when thes...
Tags: Travel, Israel, US, Bloomberg, Egypt, Abu Dhabi, Kuwait, Mena, Saudi Basic Industries Corp, Saudi Arabia Bahrain, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Emaar Development, Divye Arora, Daman Investments Psc


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


Etisalat’s 2020 net profit rises 3.8% to Dh9bn | The National

Etisalat’s 2020 net profit rises 3.8% to Dh9bn | The National Etisalat, the UAE's biggest telecom operator, reported a 3.8 per cent annual increase in net profit in 2020 despite a marginal decline in revenue.Net profit attributable to equity holders in the 12 months ended December 31 rose to Dh9.03 billion, compared to Dh8.69bn a year earlier, the company said in a statement on Sunday to the Abu Dhabi Securities Exchange, where its shares trade.Revenue during the period decreased 0.9 per cent to...
Tags: Travel, Uae, Etisalat, Abu Dhabi Securities Exchange, Rupert Neil Bumfrey, National Etisalat


Most of Gulf flat; #Saudi index rises | Reuters

Most of Gulf flat; Saudi index rises | Reuters Most stock markets in the Gulf ended steady on Thursday in the absence of any fresh index-moving catalysts, although Saudi index extended gains for a sixth consecutive session.Saudi Arabia’s benchmark index rose 0.5%, with Al Rajhi Bank gaining 0.9% and Saudi Arabian Mining Company advancing 2.6%.The index also managed to close the week 3.8% firmer.The kingdom’s economy shrank by 3.8% in the fourth quarter compared with the same period a year earlie...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Dubai Investments, Al Rajhi Bank, Emirates NBD Bank, Platts Oman, Saudi Arabian Mining Company, Industries Qatar Qatar Petroleum


Most major Gulf markets rise, tracking oil and Asian shares | Reuters

Most major Gulf markets rise, tracking oil and Asian shares | Reuters Most stock markets in the Gulf edged up on Monday, tracking oil prices and Asian shares, on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as vaccines are being rolled out globally.Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January last year, on hopes of a quicker economic revival as well as supply curbs by producer group OPEC and...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Gulf, Reuters, Saudi Basic Industries Corp, Etisalat, Rupert Neil Bumfrey, Industries Qatar, National Commercial Bank, Reuters Most, First Abu Dhabi Bank, Dubai Islamic Bank The Abu Dhabi


#UAE markets lead gains, #SaudiArabia declines | Reuters

UAE markets lead gains, Saudi Arabia declines | Reuters The markets in the United Arab Emirates (UAE) finished higher on Monday, helped by financial and real estate stocks, while Saudi shares fell for a second straight session.Dubai’s main share index started the month on a high note, putting on 1.6%, for the benchmark’s first session of gains in three.Blue-chip developer Emaar Properties was the best performer, jumping 3.5%, while sharia-compliant lender Dubai Islamic Bank added 1.2%.Dubai’s ho...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Uae, Reuters, United Arab Emirates UAE, Emaar Properties, Etisalat, Qatar National Bank, Qatar Islamic Bank, Abu Dhabi Commercial Bank, Rupert Neil Bumfrey, Dubai Islamic Bank, Aldar Properties


Gulf markets lower as #SaudiArabia says vaccines delayed | Reuters

Gulf markets lower as Saudi Arabia says vaccines delayed | Reuters Major Middle East stock markets ended lower on Sunday, tracking a slide in global markets at the end of last week and after Saudi Arabia extended measures to fight the coronavirus crisis.Saudi Arabia’s benchmark index fell 1.2%, after the government said COVID-19 vaccines were being delayed. The kingdom extended its travel ban for citizens and port closures to May 17 from March 31.Shares in Al Rajhi Bank dropped 1%, while Nationa...
Tags: Travel, Saudi Arabia, Qatar, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Major, Saudi Basic Industries Corp, Etisalat, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, Al Rajhi Bank


Most Gulf markets fall in early trade | Reuters

Most Gulf markets fall in early trade | Reuters Major stock markets in the Gulf traded lower on Sunday following Friday’s fall in global equities amid a growing battle on Wall Street between hedge funds and retail investors.Saudi Arabia’s benchmark index fell 0.4%, with National Commercial Bank and Saudi Telecom Company both losing 0.9%.The kingdom has postponed the end of a ban on travel for its citizens and the reopening of its ports from March 31 to May 17, the Saudi state news agency SPA sai...
Tags: Travel, Saudi Arabia, China, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Spa, Gulf, Reuters, Interior Ministry, Reuters Major, SABIC, Saudi Basic Industries Corp, Emaar Properties, Etisalat


Most Gulf markets in red mirroring Asian stocks | Reuters

Most Gulf markets in red mirroring Asian stocks | Reuters Most stock markets in the Gulf retreated on Thursday, in line with Asian shares, as a sudden sell-off on Wall Street and delays with coronavirus vaccines weighed on sentiment.Oil prices, a key catalyst for the Gulf region’s financial markets, also slipped despite a huge drop in U.S. crude stock.Brent crude futures fell 36 cents, or 0.65%, to $55.45 a barrel, after losing 10 cents on Wednesday.Saudi Arabia’s benchmark index fell 0.4%, with...
Tags: Travel, Saudi Arabia, Dubai, Gulf, Reuters, Emaar Properties, Etisalat, Qatar Islamic Bank, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank, First Abu Dhabi Bank, Emirates NBD Bank In Abu Dhabi


ADX plans new listings, derivatives trading in drive to double market cap | ZAWYA MENA Edition

ADX plans new listings, derivatives trading in drive to double market cap | ZAWYA MENA Edition The Abu Dhabi Securities Exchange (ADX) plans to double market capitalisation over the next three years by increasing liquidity and improving market efficiency, the exchange said in a statement Wednesday.A new strategy called “ADX One”, which includes new listings, launch of derivatives trading and research coverage, aims to adopt best international practices and make the exchange more attractive for f...
Tags: Travel, Saudi Arabia, Etisalat, Rupert Neil Bumfrey, First Abu Dhabi Bank, Abu Dhabi Securities Exchange ADX


#UAE telecom giants Etisalat, Du increase foreign ownership limit to 49% | ZAWYA MENA Edition

UAE telecom giants Etisalat, Du increase foreign ownership limit to 49% | ZAWYA MENA Edition UAE's telecom giants Etisalat and Du have raised foreign ownership caps to 49 percent in a move to attract external investors."Etisalat Group’s Board of Directors discussed increasing the ownership limit of the Non-UAE Nationals in the Company and resolved to increase such limit from 20% to 49% of its capital," the company notified the Abu Dhabi Securities Exchange, where its shares are traded.The decisi...
Tags: Travel, Uae, Etisalat, Abu Dhabi Securities Exchange, Rupert Neil Bumfrey, Etisalat Du, Etisalat Group 's Board of Directors, Dubai Financial Market Du


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-Gulf stocks gain in early trade | Nasdaq

MIDEAST STOCKS-Gulf stocks gain in early trade | Nasdaq Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.Saudi Arabia's benchmark index .TASI rose 0.1%, helped by a 0.6% increase in petrochemical firm Saudi Basic Industries 2010.SE and a 1.3% gain in Saudi British Bank 1060.SE.Dubai's main share index .DFMGI added 0.6%, led by a 1.5% rise in blue-chip developer Emaar Properties EMAR.DU.Financials stocks also drove the gains ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Etisalat, Tasi, Abu Dhabi Executive Council, Rupert Neil Bumfrey, Saudi Basic Industries, QSI, Abu Dhabi Government, Dubai Islamic Bank DISB, Emirates NBD Bank ENBD, Etisalat ETISALAT


MIDEAST STOCKS-Telecom stocks power #UAE gains; #Saudi declines | Nasdaq

MIDEAST STOCKS-Telecom stocks power UAE gains; Saudi declines | Nasdaq Markets in the United Arab Emirates (UAE) finished stronger on Tuesday, powered by the country's telecoms firms, which surged on the prospect non-UAE nationals' shareholdings could rise.The Abu Dhabi benchmark .ADI firmed for a third straight session, ending 3.1% higher, after finishing the previous session up about 4%.The index was boosted by a roughly 15% jump in Emirates Telecommunications (Etisalat) ETISALAT.AD, the only ...
Tags: Travel, Qatar, Dubai, Qatar Investment Authority, Abu Dhabi, Uae, Reuters, United Arab Emirates UAE, Etisalat, Tasi, Meanwhile Saudi Arabia, Rupert Neil Bumfrey, QSI, Masraf Al Rayan, Qatar International Islamic Bank QIIB, Emirates Integrated Telecommunications


MIDEAST STOCKS- #AbuDhabi outperforms as major Gulf markets rise | Nasdaq

MIDEAST STOCKS-Abu Dhabi outperforms as major Gulf markets rise | Nasdaq Major stock markets in the Gulf traded higher on Tuesday, led by indexes in the United Arab Emirates where telecoms firms surged on prospects that non-UAE nationals' shareholdings could rise.In Abu Dhabi, the benchmark .ADI rose 2.1%, boosted by an 11.1% jump in Emirates Telecommunications (Etisalat) ETISALAT.AD.Etisalat saw its biggest percentage gain in 10 months as the company called a board meeting for Wednesday, to dis...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Riyadh, Etisalat, QNB, Tasi, Rupert Neil Bumfrey, Qatar National Bank QNB, Al Rajhi Bank, Emirates Integrated Telecommunications DU DU


#UAE Phone Operators Surge on Plan to Raise Foreign Ownership - Bloomberg

UAE Phone Operators Surge on Plan to Raise Foreign Ownership - Bloomberg The two main phone operators in the United Arab Emirates surged after saying they may raise limits on foreign ownership, joining others in the region seeking to attract more overseas investment.Etisalat and Du both rose as much as 15% shortly after the open in Dubai and Abu Dhabi, the maximum allowed by the exchanges. Etisalat climbed to a record high, while Du traded at the highest level since 2016. The shares trimmed gain...
Tags: Travel, Bloomberg, United Arab Emirates, Dubai, Abu Dhabi, Uae, MSCI, Etisalat, Rupert Neil Bumfrey, MSCI Inc, Noaman Khalid, Arqaam Capital For Du


Mideast Stocks: Most Mideast stocks in red ahead of earnings season | ZAWYA MENA Edition

Mideast Stocks: Most Mideast stocks in red ahead of earnings season | ZAWYA MENA Edition Most major stock markets in the Middle East ended lower on Sunday, ahead of the usual flurry of quarterly and full-year corporate results over the next few weeks, with the Qatari index leading the losses.Saudi Arabia's benchmark index lost 0.3%, with petrochemicals company Saudi Basic Industries 2010.SE shedding 1.3% and Dr Sulaiman Al-Habib Medical Services 4013.SE closing 1.7% lower.The kingdom's inflation...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Gulf, Mideast, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Saudi Basic Industries, Aldar Properties, Sulaiman Al Habib Medical Services, Emaar Malls The Abu Dhabi, Untied Arab Emirates


Major Gulf bourses dip ahead of earnings season | Reuters

Major Gulf bourses dip ahead of earnings season | Reuters Major stock markets in the Gulf were subdued in early trade ahead of the usual flurry of quarterly and full-year corporate results over the next few weeks, with the Dubai index leading the losses.Saudi Arabia’s benchmark index fell 0.2%, driven down by a 0.4% decline for Al Rajhi Bank and a 1.2% retreat in shares of Dr Sulaiman Al-Habib Medical Services.The kingdom’s inflation rate rose to 3.4% in 2020, government data showed, lifted by t...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Major, Etisalat, Qatar National Bank, Emaar, Rupert Neil Bumfrey, Al Rajhi Bank, First Abu Dhabi Bank, Major Gulf, Emirates NBD Bank


Mideast Stocks: Most Gulf shares ease, but weekly gains intact | Reuters

Saudi Arabian and United Arab Emirates share indexes weakened on Thursday on lower oil prices but still held on to weekly gains, while Qatari and Egyptian stocks finished the week on a high.Oil prices dipped as bullish signals from Chinese import data and U.S. crude oil stocks draws were outweighed by surging coronavirus cases in Europe and new lockdowns in China. [O/R]Saudi Arabia’s benchmark index edged down 0.2%, with Al Rajhi Bank and oil behemoth Saudi Aramco easing 0.4% each. The index gai...
Tags: Travel, Europe, Saudi Arabia, China, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Emaar Properties, Etisalat, DAMAC Properties, Rupert Neil Bumfrey, Emaar Malls, Al Rajhi Bank, First Abu Dhabi Bank


Gulf markets ends lower as Georgia races take centrestage | Reuters

Gulf markets ends lower as Georgia races take centrestage | Reuters Gulf markets fell on Wednesday, tracking global peers, as investors brace for a possible Democrat win in the U.S. Senate run-off election in Georgia that could help President-elect Joe Biden push for greater corporate regulation and higher taxes.The prospects of a victory for Democrats in both races in Georgia, handing them control of the chamber, along with their narrow majority in the House of Representatives jointly could ush...
Tags: Travel, Saudi Arabia, Senate, Georgia, Opec, Qatar, Joe Biden, Standard Chartered, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, U S Senate, Emirates NBD, Etisalat


Major Gulf stocks little changed a day after Gulf row eases | Reuters

Major Gulf stocks little changed a day after Gulf row eases | Reuters Major Gulf stock markets where little changed early on Wednesday, a day after a breakthrough in the Gulf’s diplomatic rift, as a negative outlook for the Gulf Cooperation Council(GCC) sovereigns appeared to eclipse the positive sentiment.Moody’s sees a negative outlook for the GCC sovereigns in 2021, driven by lower oil revenues and reduced fiscal strength.Oil prices are unlikely to mount much of a recovery in 2021 as a new co...
Tags: Travel, Saudi Arabia, Qatar, Egypt, GCC, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Doha, Ooredoo, Gulf, Reuters, Moody, Gulf Cooperation Council GCC, Emaar Properties


#Qatar leads broader gains on breakthrough in Arab rift | Reuters

Qatar shares ended 1.4% higher on Tuesday, marking the index’s biggest gain in nearly a month, after a breakthrough was reached in the country’s three-year-old dispute with Saudi Arabia and three other Arab countries. As part of the deal, Saudi Arabia would reopen its airspace and land and sea border to Qatar as Gulf Arab leaders arrived in the Saudi city of al-Ula on Tuesday for a summit focused on ending a long-running dispute with Doha.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt...
Tags: Travel, Saudi Arabia, Opec, Qatar, Iran, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Ula, Bahrain, Doha, Gulf, Reuters, Gulf Arab, Emaar Properties


#Dubai leads gains as markets rise on higher oil | Reuters

Major Gulf stock markets finished higher on Monday amid a surge in oil prices, with Dubai outperforming the region, led by property and banking stocks.Oil prices touched multi-month highs on expectations OPEC and allied producers will cap output at current levels in February and on hopes that vaccines will curb the spread of the coronavirus. [O/R]Most OPEC+ countries would like to postpone a planned increase in oil output from February, because fuel demand is weakening amid new global lockdowns,...
Tags: Travel, Europe, Saudi Arabia, Opec, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Emaar Properties, Ministry of Energy, Etisalat, Qatar National Bank, DAMAC Properties, Rupert Neil Bumfrey


Mideast Stocks: #UAE stocks gain, #Saudi slips on first trading day of 2021 | ZAWYA MENA Edition

Mideast Stocks: UAE stocks gain, Saudi slips on first trading day of 2021 | ZAWYA MENA Edition Stock markets in the United Arab Emirates (UAE) closed higher on Sunday, starting 2021 on a positive note on hopes that the rollout of a coronavirus vaccine will lift economic activity, while Saudi Arabian shares fell on uncertainty about the outlook for oil prices this year.The UAE on Saturday recorded a fourth straight record number of daily coronavirus cases, with 1,963 new infections. Dubai and Abu...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Chemical, Bahrain, Doha, Uae, Reuters, Saudi Aramco, Emirates NBD, Mideast, United Arab Emirates UAE, Gulf Cooperation Council GCC


#UAE stocks rise, #Dubai outperforms on first trading day of 2021 | Reuters

UAE stocks rise, Dubai outperforms on first trading day of 2021 | Reuters Stock markets in the United Arab Emirates rose in early trade on Sunday, starting 2021 on a positive note in line with the country’s economic forecast and eclipsing a recent record jump in COVID-19 cases.The International Monetary Fund expects the country’s economy to swing back to growth of 1.3% this year from a 6.6% contraction in 2020.The UAE recorded its fourth straight record number of daily coronavirus cases since th...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, International Monetary Fund, Abu Dhabi, Bahrain, Doha, Uae, Reuters, Emirates NBD, Reuters Stock, Gulf Cooperation Council GCC, Mathew, Emaar Properties


#Saudi, #Dubai lead broader regional gains on higher oil | Reuters

Saudi, Dubai lead broader regional gains on higher oil | Reuters Saudi and Dubai shares closed higher on Tuesday as most regional markets gained in line with global stocks, as hopes of fresh U.S. stimulus teed up a strong end to the year for riskier assets.Oil rose as the United States moved towards expanding pandemic aid payments, potentially spurring fuel demand and stimulating economic growth. [O/R]Prospects of the relief package, however, kept the dollar near a 2-1/2-year low as investors we...
Tags: Travel, Qatar, United States, United Arab Emirates, Dubai, Oman, Abu Dhabi, Bahrain, Sharia, Reuters, Emirates NBD, Saudi Basic Industries Corp, Emaar Properties, Bank Muscat, Etisalat, Qatar National Bank


Major markets finish stronger on higher oil prices | Reuters

Major markets finish stronger on higher oil prices | Reuters Major Gulf markets ended higher on Wednesday on higher oil prices as a weakening dollar and progress on the rollout of COVID-19 vaccines helped crude climb above $51 a barrel.The positive sentiment was also aided by U.S. congressional leaders expressing optimism about a stimulus deal.Brent crude futures rose 25 cents, or 0.5%, to $51.01 a barrel by 1017 GMT, but the gains were capped by a surprise gain in U.S. crude inventories and tig...
Tags: Travel, Europe, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Etisalat, Qatar National Bank, Qatar Islamic Bank, DAMAC Properties, Rupert Neil Bumfrey, Al Rajhi, First Abu Dhabi Bank



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