TravelPosts filtered by tags: First Abu Dhabi Bank[x]
#AbuDhabi market leads broader gains | ReutersJanuary 18, 2021 at 11:11 AM Abu Dhabi market leads broader gains | Reuters Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more than nine months, led by United Arab Emirates’ top lender, First Abu Dhabi Bank.The Abu Dhabi index gained nearly 4% and the benchmark has risen in all but two sessions so far in the new year.First Abu Dhabi Bank was the best performer on the benchmark, adding about 8%. Another bank, Abu Dhabi Commercial Bank, rose nearly 5%.The Abu Dhabi Depa...Tags: Travel, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Basic Industries Corp, Reuters Stock, Riyad Bank, Emaar Properties, Qatar Islamic Bank, Abu Dhabi Commercial Bank, NCB Capital, Rupert Neil Bumfrey, Saudi Telecom 16 people like this. Like Lender FAB buoys #AbuDhabi as most major Gulf markets rise | ReutersJanuary 18, 2021 at 4:28 AM Lender FAB buoys Abu Dhabi as most major Gulf markets rise | Reuters Most major stock markets in the Gulf traded higher early on Monday, with the Abu Dhabi index leading the gains boosted by its top lender First Abu Dhabi Bank. The Abu Dhabi index advanced 2.3%, with First Abu Dhabi Bank, the United Arab Emirates’ largest lender, jumping 5.3%, its biggest intraday gain since April last year.The Abu Dhabi Department of Finance has announced a 6 billion dirhams ($1.63 billion) supply chain financi...Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, Emaar Properties, Rupert Neil Bumfrey, Abudhabi, Saudi Electricity, First Abu Dhabi Bank, Abu Dhabi Department of Finance, First Abu Dhabi Bank the United Arab Emirates, First Abu Dhabi Bank The Abu Dhabi 18 people like this. Like Major Gulf bourses dip ahead of earnings season | ReutersJanuary 17, 2021 at 4:22 AM 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 46 people like this. Like Mideast Stocks: Most Gulf shares ease, but weekly gains intact | ReutersJanuary 14, 2021 at 5:43 PM 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 41 people like this. Like MIDEAST STOCKS-Most major Gulf markets fall in early trade; #Qatar up | NasdaqJanuary 14, 2021 at 4:28 AM MIDEAST STOCKS-Most major Gulf markets fall in early trade; Qatar up | Nasdaq Most major Gulf markets were in negative territory on Thursday, mirroring weak oil prices as mounting coronavirus cases globally raised demand concerns, although Qatar bucked the trend to trade higher.Brent crude oil futures LCOc1 fell 18 cents, or 0.3%, to $55.88 a barrel by 0425 GMT. O/RSaudi Arabia's benchmark index .TASI fell 0.4%, with Al Rajhi Bank 1120.SE losing 0.4%, while the kingdom's largest lender, National...Tags: Travel, Qatar, Britain, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Aramco, Qatar Islamic Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank 6 people like this. Like Major Gulf markets firm in early trade; #Qatar dips | ReutersJanuary 13, 2021 at 3:59 AM Major Gulf markets firm in early trade; Qatar dips | Reuters Most major Gulf stock markets firmed on Wednesday against the backdrop of rising oil prices, with indexes in the United Arab Emirates on track to extend gains for fifth straight session.Oil prices gained more than 1% after industry data showed a bigger than expected drop in inventories. Brent crude was up 79 cents, or 1.4%, at $57.37 a barrel by 0420 GMT, having risen 1.7% in the previous session. [O/R]Saudi Arabia’s benchmark index ga...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Formosa, QNB, Rupert Neil Bumfrey, Dubai Islamic Bank, First Abu Dhabi Bank, Major Gulf, SABIC Agri Nutrients Co 6 people like this. Like MIDEAST STOCKS- #UAE markets extend winning run; #Qatar little changed | NasdaqJanuary 12, 2021 at 10:29 AM 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 1 people like this. Like Mideast Stocks: Major markets gain as non-oil sector stocks shine | ReutersJanuary 11, 2021 at 11:09 AM Mideast Stocks: Major markets gain as non-oil sector stocks shine | Reuters Major stocks in the Gulf region strengthened on Monday, bucking the global trend, as shares in non-oil sectors took centre stage with markets in the United Arab Emirates (UAE) primarily driving the gains.The non-oil sector in the Middle East’s tourism and business hub Dubai returned to growth in December, although the expansion was modest as employment fell and sentiment for the new year was subdued, the seasonally adjus...Tags: Travel, Saudi Arabia, Middle East, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Mohammed bin Salman, Reuters Major, United Arab Emirates UAE, Qatar National Bank, Rupert Neil Bumfrey, Dubai Islamic Bank, Aldar Properties, First Abu Dhabi Bank 12 people like this. Like #UAE's largest bank issues $500m sukuk, first globally in 2021 - ArabianbusinessJanuary 11, 2021 at 7:08 AM UAE's largest bank issues $500m sukuk, first globally in 2021 - Arabianbusiness First Abu Dhabi Bank (FAB), the UAE's largest bank, on Monday announced it has issued the first sukuk globally in 2021.The bank said it has issued the lowest-ever yield on any five-year MENA bank US dollar issuance with its $500 million sukuk.Issued through FAB Sukuk Company Limited, the offering attracted a total order book of about $1.5 billion which represents a three times over-subscription rate.FAB said in a sta...Tags: Travel, Europe, US, Uae, Mena, Rupert Neil Bumfrey, First Abu Dhabi Bank, FAB Sukuk Company Limited, Middle East Asia UK 14 people like this. Like MIDEAST STOCKS-Major Gulf markets little changed in early trade | NasdaqJanuary 11, 2021 at 4:30 AM 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 43 people like this. Like Gulf stocks gain on global rally, higher oil prices | ReutersJanuary 10, 2021 at 4:26 AM Gulf stocks gain on global rally, higher oil prices | Reuters Major Gulf stock markets rose in early trade on Sunday, tracking a rally in global equity markets and a jump in oil prices on Friday. The sentiment in the Gulf was additionally supported by further developments on Saudi Arabia and its allies’ agreement to restore ties with Qatar.Global equities rallied on Friday as investors looked beyond U.S. political unrest and focused on further stimulus to mend the economic damage of the coronavi...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Doha, Gulf, Reuters, Riyadh, Qatar Airways, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Saudi Basic Industries, Saudi Airlines, Aldar Properties 35 people like this. Like Major markets log weekly gains; #Qatar leads day's gains | ReutersJanuary 7, 2021 at 12:18 PM Major Gulf shares ended the first trading week of the New Year on a high on Thursday and registered weekly gains as the regional markets benefited from a rise in oil prices.Crude hit its highest since late February after a fall in U.S. stockpiles added further support following Saudi Arabia’s unilateral decision to cut output. [O/R]The week also saw investors cheer the breakthrough in Qatar’s over three-year diplomatic rift with Saudi Arabia and other Gulf countries as Arab leaders gathered for ...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Doha, Arab, Gulf, Reuters, Emirates NBD, Doha Qatar, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar 27 people like this. Like MIDEAST STOCKS-Major Gulf stocks gain in early trade as oil prices rise | NasdaqJanuary 7, 2021 at 4:36 AM MIDEAST STOCKS-Major Gulf stocks gain in early trade as oil prices rise | Nasdaq Major Gulf markets gained early on Thursday as oil prices rose, with most set to end their first week of the year with gains amid positive sentiment over the Gulf detente.Oil prices rose almost 1% on Thursday after a fall in U.S. stockpiles added further support following the unilateral decision by Saudi Arabia, the world's biggest exporter, to cut output over the next two months.Saudi Arabia and its Arab allies agr...Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Doha, Gulf, Qatar National Bank, Qatar Dubai, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Samba Financial Group, Dubai Investments, First Abu Dhabi Bank 27 people like this. Like Gulf markets ends lower as Georgia races take centrestage | ReutersJanuary 6, 2021 at 9:34 AM 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 8 people like this. Like Major Gulf stocks little changed a day after Gulf row eases | ReutersJanuary 6, 2021 at 4:08 AM 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 23 people like this. Like #Dubai leads gains as markets rise on higher oil | ReutersJanuary 4, 2021 at 12:53 PM 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 46 people like this. Like MIDEAST STOCKS-Gulf stocks rise on higher oil prices as OPEC+ expected to cap output | NasdaqJanuary 4, 2021 at 4:42 AM 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 38 people like this. Like Mideast Stocks: #UAE stocks gain, #Saudi slips on first trading day of 2021 | ZAWYA MENA EditionJanuary 3, 2021 at 9:20 AM 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 40 people like this. Like #UAE stocks rise, #Dubai outperforms on first trading day of 2021 | ReutersJanuary 3, 2021 at 4:51 AM 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 7 people like this. Like Egyptian shares gain, Gulf stocks mixed | ReutersDecember 28, 2020 at 9:19 AM Egyptian shares bounced back on Monday after the central bank kept rates unchanged, citing rising inflation and slowing economic growth due to the coronavirus pandemic.Egypt’s blue-chip index rose 0.7%, with most of its constituents ending higher. Sidi Kerir Petrochemicals jumped 6.6% and EFG Hermes increased 1.4%.Saudi Arabia’s index fell 0.3% as Al Rajhi Bank dropped 0.7% and Saudi Basic Industries (SABIC) closed down 0.8%, having risen as much as 0.6% during the day.SABIC, which owns 31.5% of...Tags: Travel, Saudi Arabia, Egypt, Dubai, Abu Dhabi, Ooredoo, Gulf, Reuters, Clariant, Commercial Bank, Rupert Neil Bumfrey, CK Hutchison Holdings, Saudi Basic Industries SABIC, Al Rajhi Bank, DXB, First Abu Dhabi Bank 40 people like this. Like Major Gulf markets end mixed, #Qatar snaps losing streak | ReutersDecember 24, 2020 at 2:42 PM Major Gulf markets end mixed, Qatar snaps losing streak | Reuters Major stock markets in the Gulf were mixed when they closed on Thursday, with trading volumes modest because of the absence of many foreign investors for Christmas.Saudi Arabia’s benchmark index fell 0.2%, hit by a 0.7% fall in Al Rajhi Bank and a 0.8% decline in the country’s largest lender National Commercial Bank.The kingdom’s oil exports fell by 18.9 billion riyals ($5.04 billion) in October, down by nearly a third, while non-...Tags: Travel, London, Saudi Arabia, Qatar, United Arab Emirates, Pfizer, Abu Dhabi, Gulf, Reuters, Reuters Major, Emaar Properties, Nine Elms, Qatar Islamic Bank, Abu Dhabi Commercial Bank, DAMAC Properties, Rupert Neil Bumfrey 22 people like this. Like Most major Gulf markets little changed; Dubai outshines | ReutersDecember 24, 2020 at 4:21 AM Most major Gulf markets little changed; Dubai outshines | Reuters Dubai’s stock market extended the previous session’s gains on Thursday as the emirate began COVID-19 inoculations with the Pfizer-BioNTech vaccine, while other major Gulf markets were little changed.Dubai’s main share index rose 1%, with blue-chip developer Emaar Properties advancing 2.6%, while Emirates NBD Bank was up 1.4%.The emirate started rolling out the COVID-19 vaccine produced by Pfizer and BioNTech for free from Wednesda...Tags: Travel, Saudi Arabia, Dubai, Pfizer, Abu Dhabi, Gulf, Reuters, Saadiyat Island, Emaar Properties, Qatar Islamic Bank, Rupert Neil Bumfrey, Reuters Dubai, Aldar Properties, Al Rajhi Bank, First Abu Dhabi Bank, National Central Cooling Company Tabreed 23 people like this. Like MIDEAST STOCKS-Major Gulf markets steady; #Qatar extends losses | NasdaqDecember 23, 2020 at 4:45 AM 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 34 people like this. Like MIDEAST STOCKS-Gulf markets tumble over new strain of coronavirus | NasdaqDecember 21, 2020 at 4:18 AM MIDEAST STOCKS-Gulf markets tumble over new strain of coronavirus | Nasdaq Stock markets in the Gulf fell sharply on Monday as a fast-spreading new coronavirus strain that has shut down much of the United Kingdom fuelled concerns that a resurgence of infections could stunt the pace of reopening economies.The variant, which officials say is up to 70% more transmissible than the original, also prompted concerns about a wider spread.Brent crude LCOc1 slid $1.54, or 3.0%, to $50.72 a barrel by 0510 ...Tags: Travel, Saudi Arabia, Qatar, United Kingdom, Dubai, Pfizer, Abu Dhabi, Spa, Gulf, Reuters, Ministry of Public Health, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Al Rajhi Bank 5 people like this. Like Mideast Stocks- #Dubai index leads major Gulf markets higher | ZAWYA MENA EditionDecember 20, 2020 at 6:12 AM Major stock markets in the Gulf rose early on Sunday amid firmer oil prices as investors focused on the rollout of COVID-19 vaccines, with the Dubai index leading the gains.Brent crude on Friday settled up 76 cents, or 1.5%, at $52.26 a barrel after touching $52.48, its highest since March.Saudi Arabia's benchmark index traded 0.3% higher, with petrochemical firm Saudi Basic Industries among the gainers.The kingdom's economy shrank more slowly in the third quarter as the government eased some co...Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries, Masraf Al Rayan, First Abu Dhabi Bank, Mideast Stocks Dubai, Emaar Properties DAMAC 13 people like this. Like MIDEAST STOCKS-Major Gulf markets flat in early trade, #Dubai extends gains | NasdaqDecember 17, 2020 at 3:51 AM MIDEAST STOCKS-Major Gulf markets flat in early trade, Dubai extends gains | Nasdaq Most major stock markets in the Gulf were little changed in early trade on Thursday, with the Dubai index on track to extend gains for a second straight session.Saudi Arabia's benchmark index .TASI gained 0.3%, with petrochemical firm Saudi Basic Industries 2010.SE rising 1.6%, while Al Rajhi Bank 1120.SE was up 0.3%.Oil prices, a key catalyst for the Gulf regions' financial markets, climbed to a nine-month high ...Tags: Travel, Indonesia, Saudi Arabia, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Jakarta Indonesia, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, First Abu Dhabi Bank, Emirates NBD Bank ENBD 23 people like this. Like Major markets finish stronger on higher oil prices | ReutersDecember 16, 2020 at 10:31 AM 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 3 people like this. Like MIDEAST STOCKS-Most Gulf markets rise in early trade; #Dubai stocks ease | NasdaqDecember 16, 2020 at 4:35 AM MIDEAST STOCKS-Most Gulf markets rise in early trade; Dubai stocks ease | Nasdaq Most major markets in the Gulf traded higher early on Wednesday, with Saudi Basic Industries Corp (SABIC) 2010.SE supporting the Saudi index.The kingdom's benchmark index .TASI rose 0.4%, with SABIC, the world's 4th-biggest petrochemicals firm, advancing 1.2%, after it proposed a second-half dividend of 1.5 riyal per share.Meanwhile, Saudi Arabia announced a 990 billion riyal ($263.91 billion) budget for 2021 on Tue...Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, SABIC, Saudi Basic Industries Corp, Tasi, Rupert Neil Bumfrey, First Abu Dhabi Bank, Emaar Properties EMAR DU, Qatar National Bank QNBK, Etisalat ETISALAT, IHS Markit Dubai Purchasing Managers Index PMI, Aramex ARMX DU Dubai 36 people like this. Like Most markets retreat as COVID-19 deaths rise, restrictions widen | ReutersDecember 15, 2020 at 8:28 AM Most markets retreat as COVID-19 deaths rise, restrictions widen | Reuters Most Gulf markets ended lower on Tuesday, in line with Asian shares, as increasing COVID-19 deaths and widening lockdowns overshadowed optimism over progress on vaccine development and rollout.The number of U.S. coronavirus deaths crossed 300,000 on Monday as the country started its first inoculations, while tighter restrictions were imposed on London and more European countries were set to follow suit.Most Asian market...Tags: Travel, Japan, London, Saudi Arabia, Asia Pacific, Dubai, Abu Dhabi, Reuters, MSCI, Nov, Riyad Bank, Emaar Properties, Commercial Bank, Qatar National Bank, Rupert Neil Bumfrey, First Abu Dhabi Bank 17 people like this. Like MIDEAST STOCKS-Most markets in Gulf firm as financials rise, #Qatar falls | NasdaqDecember 14, 2020 at 4:10 AM MIDEAST STOCKS-Most markets in Gulf firm as financials rise, Qatar falls | Nasdaq Most Gulf stock markets rose in early trade on Monday, supported by gains in financials, while petrochemical firm Industries Qatar dragged down Qatari stocks.Saudi Arabia's benchmark index .TASI added 0.1%, with Al Rajhi Bank 1120.SE firming 0.2%, while its largest lender National Commercial Bank 1180.SE was up 0.5%.Dubai's main share index .DFMGI rose 0.4%, with blue-chip developer Emaar Properties EMAR.DU rising ...Tags: Travel, Saudi Arabia, Israel, Qatar, Dubai, Abu Dhabi, Uae, Gulf, United Arab Emirates UAE, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, National Commercial Bank, Al Rajhi Bank, First Abu Dhabi Bank 10 people like this. Like |
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