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#Saudi at its highest in over 15-years, #Qatar edges up | Reuters

Saudi at its highest in over 15-years, Qatar edges up | Reuters Saudi Arabia's stock market ended higher on Thursday, to remain at its highest in over 15 years, amid strong oil prices, while the Qatari index registered its twelfth weekly gain in thirteen.Investors remain optimistic in the region. Equities are buoyed by the good earnings season and the high level of energy prices, said Wael Makarem, senior market strategist at Exness."Additionally, the improved sanitary conditions should he...
Tags: Travel, Saudi Arabia, Qatar, Hsbc, Kuwait, Reuters, Reuters Saudi Arabia, Gulf Cooperation Council GCC, Tasi, UAE Egypt, Rupert Neil Bumfrey, Al Rajhi Bank, Dr Sulaiman Al Habib Medical Services Group, Wael Makarem, United Development Co UDCD QA


UBS eyes Mideast expansion with new wealth desk in #Dubai -memo | Reuters

UBS eyes Mideast expansion with new wealth desk in Dubai -memo | Reuters UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to capture business growth in the Middle East, according to an internal memo."The new desk will be in charge of markets onto which we will put increased focus out of this location going forward," said the note seen by Reuters.Former Credit Suisse banker Georges El Khoury will be desk head in...
Tags: Travel, Qatar, Barclays, Credit Suisse, Hsbc, Middle East, Dubai, Ubs, Oman, Kuwait, Doha, Reuters, Mideast, DIFC, Rupert Neil Bumfrey, Ross MacMillan


European, Middle Eastern & African Stocks - Bloomberg #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Israel, Qatar, Rupert Neil Bumfrey


#Saudi holds at 15-year high, #Qatar extends gains | Reuters

Saudi holds at 15-year high, Qatar extends gains | Reuters Saudi Arabia's stock market rose in early trade on Thursday, holding on to a 15-year high, while the Qatari index extended gains to a second session.Saudi Arabia's benchmark index (.TASI) advanced 0.2%, with Al Rajhi Bank (1120.SE) rising 0.9%, while Dr Sulaiman Al-Habib Medical Services Group (4013.SE) leapt 3.3%.Among other gainers, oil giant Saudi Aramco (2222.SE) added 0.2% after HSBC raised its target price to 38.8 riyals from 37....
Tags: Travel, Saudi Arabia, Qatar, Hsbc, Uae, Reuters, Reuters Saudi Arabia, Gulf Cooperation Council GCC, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Dr Sulaiman Al Habib Medical Services Group


Aramex drives #Dubai bourse higher, #Saudi at 15-year high | Reuters

Aramex drives Dubai bourse higher, Saudi at 15-year high | Reuters Dubai's stock market ended higher on Wednesday, outperforming its Gulf peers, led by a surge in logistic firm Aramex, while the Saudi index extended gains a day after hitting a 15-year peak.Dubai's main share index (.DFMGI) finished 1.4% higher, with Aramex (ARMX.DU) soaring 14.9%, its biggest intraday gain since Jan. 2009, after a direct deal worth 1.41 billion dirhams ($383.90 million) for its 295 million shares.On Tues...
Tags: Travel, Saudi Arabia, Qatar, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Doha, Uae, Gulf, Reuters, Aramex, Adi, Tasi, Rupert Neil Bumfrey, Reuters Dubai


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


Aramex buoys #Dubai bourse, #Saudi at 15-year high | Reuters

Aramex buoys Dubai bourse, Saudi at 15-year high | Reuters Dubai's stock market rose in early trade on Wednesday, outperforming its regional peers, while the Saudi index held on to a 15-year high.Dubai's main share index (.DFMGI) advanced 0.8%. Aramex (ARMX.DU) surged 14.9%, its biggest intraday gain since Jan. 2009, after a direct deal worth 1.41 billion dirhams ($383.90 million) was implemented on its 295 million shares.On Tuesday, the logistics firm also resumed deliveries to and from the U...
Tags: Travel, Saudi Arabia, China, Qatar, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Doha, Reuters, Aramex, Adi, Tasi, Rupert Neil Bumfrey, Al Rajhi, Abu Dhabi National Oil Co


#Saudi index hits 15-year peak; Egypt falls on profit-taking | Reuters

Saudi index hits 15-year peak; Egypt falls on profit-taking | Reuters Saudi Arabia closed at a more than 15-year high on Tuesday as crude prices resumed gains, while the Egyptian bourse retreated as investors booked profits following a recent rally.Brent crude was up 65 cents, or 0.8%, to $84.98 a barrel by 1206 GMT as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns.Saudi Arabia's benchmark index (.TASI) r...
Tags: Travel, Saudi Arabia, China, Qatar, Egypt, United Arab Emirates, Dubai, Oman, Abu Dhabi, Kashmir, Doha, Reuters, Adi, Jammu, Tasi, Etihad Etisalat


World top LNG exporter #Qatar forms ministry of environment and climate change | Reuters

World top LNG exporter Qatar forms ministry of environment and climate change | Reuters Qatar, the world's top exporter of liquefied natural gas, has created a new ministry for the environment and climate change under a government reshuffle announced on Tuesday by the emir of the Gulf state.The decision comes as the UN climate change conference is due to convene in Glasgow, Scotland, at the end of the month. [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Un, Gulf, Reuters, Glasgow Scotland, Rupert Neil Bumfrey, Reuters Qatar


Qatar emir appoints Al-Kuwari finance minister in reshuffle | Reuters

Qatar emir appoints Al-Kuwari finance minister in reshuffle | Reuters Qatari Emir Tamim bin Hamad al-Thani has appointed Ali Bin Ahmad Al-Kuwari as finance minister in a government reshuffle, according to a statement issued by the emiri court on Tuesday, following the previous minister's arrest in May.Al-Kuwari had been serving as commerce and industry minister and as acting finance minister before the reshuffle.His predecessor in the finance ministry, Ali Sherif al-Emadi, was arrested over e...
Tags: Travel, Qatar, Reuters, Hamad al Thani, Rupert Neil Bumfrey, Al Kuwari, Ali Sherif al Emadi, May Reuters, Ali Bin Ahmad Al Kuwari


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


MIDEAST STOCKS Major stock markets track oil prices higher | Reuters

MIDEAST STOCKS Major stock markets track oil prices higher | Reuters Major stock markets in the Gulf rose on Tuesday with higher oil prices, with the Abu Dhabi index extending gains for a third consecutive session.Oil headed towards $84 a barrel and was within sight of a three-year high as a rebound in global demand contributes to energy shortages in big economies such as China.Saudi Arabia's benchmark index (.TASI) finished 0.3% higher, led by a 0.8% gain in Al Rajhi Bank (1120.SE) and a ...
Tags: Travel, Qatar, Abu Dhabi, Reuters, Riyadh, Aramco, China Saudi Arabia, Reuters Major, IHC, Emaar, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Acwa Power International, Emaar Properties EMAR DU


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


Rebranded #Qatar Energy touts broad strategy, no plans to sell assets | Reuters

Rebranded Qatar Energy touts broad strategy, no plans to sell assets | Reuters Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have."We have plenty of cash," Chief Executive Saad al-Kaabi said on Monday, indicating the Qatari firm would not follow in the footsteps of Gulf rivals which have sold assets, such as Saudi ...
Tags: Travel, Qatar, Gulf, Reuters, Saudi Aramco, Rupert Neil Bumfrey, Reuters Qatar, Qatar Petroleum, Abu Dhabi National Oil Company Adnoc, Saad al Kaabi, Kaabi, Qatar Energy, Rebranded Qatar Energy


MIDEAST STOCKS Major Gulf bourses end mixed; ACWA Power surges on debut | Reuters

MIDEAST STOCKS Major Gulf bourses end mixed; ACWA Power surges on debut | Reuters Major stock markets in the Gulf ended mixed on Monday, with the Saudi index extending losses from the previous session.Saudi Arabia's benchmark index (.TASI) dropped 0.5%, with Dr Sulaiman Al-Habib Medical Services (4013.SE) declining 1.1%, while Al Rajhi Bank (1120.SE) was down 0.2%.The Saudi stock market fell as traders took profits after the main index reached a new interim high, said Wael Makarem, senior ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, ACWA Power, Reuters Major, QNB, Tasi, Rupert Neil Bumfrey, QSI, Qatar National Bank QNB, Al Rajhi Bank


#Qatar Says Rejoining OPEC Would Not Fit With Its Strategy - Bloomberg

Qatar Says Rejoining OPEC Would Not Fit With Its Strategy - Bloomberg Qatar will not rejoin OPEC because trying to sway global oil prices doesn’t fit with its strategy, said Energy Minister Saad Al-Kaabi at a press conference.Qatar decided to leave the cartel in late 2018, saying its exit was ‘technical’ and a matter of strategy as it shifted its focus to natural gas as its main export. It had been a member of the Organization of Petroleum Exporting Countries since 1961.But observers saw the m...
Tags: Travel, Energy, Saudi Arabia, Opec, Qatar, Egypt, United Arab Emirates, Bahrain, Persian Gulf, Organization of Petroleum Exporting Countries, Rupert Neil Bumfrey, Saad al Kaabi


#Qatar can't help red hot gas markets as production at maximum | Reuters

Qatar can't help red hot gas markets as production at maximum | Reuters Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand."We are maxed out as far as we have given all our customers their due quantities," Qatar's energy minister Saad al-Kaabi said.He said he expected gas prices to "ease off slightly" as some plants come back up and...
Tags: Travel, Europe, Russia, Qatar, Reuters, Rupert Neil Bumfrey, Reuters Qatar, Saad al Kaabi


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


Loan growth drives #Qatar National Bank profit jump | Reuters

Loan growth drives Qatar National Bank profit jump | Reuters Qatar National Bank (QNB) (QNBK.QA), the Gulf's biggest lender, posted an 8% increase in nine-month net profit to 10.3 billion Qatari riyals ($2.83 billion), citing loan growth.Loans and advances grew 7% in the period while total assets rose 10% to 1,084 billion riyals, it said in a statement.The bank also said its drive for "operational efficiency" resulted in cost savings and combined with the improved revenue, helped improve the c...
Tags: Travel, Africa, Qatar, Middle East, Qatar Investment Authority, Reuters, Qatar National Bank, QNB, Rupert Neil Bumfrey, Reuters Qatar National Bank QNB


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


LNG Exporter #Qatar Warns Gas Prices Are at Unhealthy Levels - Bloomberg

LNG Exporter Qatar Warns Gas Prices Are at Unhealthy Levels - Bloomberg Qatar, the world’s biggest exporter of liquefied natural gas, warned that prices have climbed to “unhealthy” levels.“While natural gas prices are an outcome of basic market fundamentals including supply and demand, the current price levels observed in global markets are unhealthy for both producers and consumers,” the Gulf nation’s Energy Minister Saad Al-Kaabi said after a virtual discussion with Kadri Simson, the Europea...
Tags: Travel, Energy, Asia, Europe, Vladimir Putin, Russia, Qatar, Bloomberg, European Union, Moscow, Gulf, Rupert Neil Bumfrey, Saad al Kaabi, Kaabi, Kadri Simson, Unhealthy Levels Bloomberg Qatar


MIDEAST STOCKS Most Gulf bourses end higher; #Qatar falls | Reuters

MIDEAST STOCKS Most Gulf bourses end higher; Qatar falls | Reuters Most stock markets in the Gulf ended higher on Thursday, in line with global equities, although the Qatari index bucked the trend to close lower.World stock markets got their foot back on the gas as hopes grew that Washington could resolve its debt-ceiling squabbles and a global drop in energy prices tempered deepening fears of "stagflation".Saudi Arabia's benchmark index (.TASI) added 0.2%, helped by a 0.9% gain in Al Rajh...
Tags: Travel, Washington, Saudi Arabia, Qatar, Iran, United Arab Emirates, Dubai, Abu Dhabi, Beirut, Cbre, Gulf, Reuters, Riyadh, U S Federal Reserve, Adi, Hossein Amirabdollahian


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar close [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel


European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session

European, Middle Eastern & African Stocks - Bloomberg #UAE #Kuwait #Israel #SaudiArabia #Qatar mid-session [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Qatar, Rupert Neil Bumfrey, Bloomberg UAE Kuwait Israel



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