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

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


A Middle East Make-Up Proves Complicated - Bloomberg #Qatar #SaudiArabia #UAE

A Middle East Make-Up Proves Complicated - Bloomberg #Qatar #SaudiArabia #UAE The Saudi-led attempt to ostracize Qatar might now yield a foreign policy win for a U.S. president looking to embellish his legacy while maintaining he didn’t lose an election.But as talks brokered by the Trump administration edge closer toward a deal, the healing of the Saudi-Qatar rift has exposed strains in another relationship between Gulf neighbors that could have more lasting implications.Conspicuous by its abse...
Tags: Travel, Saudi Arabia, Israel, Qatar, United Arab Emirates, Yemen, Gulf, Trump, Rupert Neil Bumfrey


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

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


#Saudi shares fall on weak oil; set for weekly loss | Reuters

Saudi shares fall on weak oil; set for weekly loss | Reuters Saudi shares eased in early trade on Thursday and were set for a weekly loss, tracking weaker oil prices, while other Gulf markets rode on euphoria around encouraging coronavirus vaccine developments.Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID-19 pandemic. [O/R]The Organization of the Petroleum Exporting Countries ...
Tags: Travel, Saudi Arabia, Russia, Qatar, Britain, Dubai, Abu Dhabi, Kuwait, Gulf, Reuters, Saudi Aramco, Saudi Basic Industries Corp, Petroleum Exporting Countries OPEC, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar


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

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


#SaudiArabia, #Qatar Near U.S.-Brokered Deal to End Lengthy Rift - Bloomberg

Saudi Arabia, Qatar Near U.S.-Brokered Deal to End Lengthy Rift - Bloomberg Saudi Arabia and Qatar are nearing a preliminary deal to end a rift that’s dragged on for more than three years, prodded by a Trump administration seeking foreign policy wins during its waning days in the White House, three people with knowledge of the talks said.The tentative agreement does not involve the three other Arab countries that also severed diplomatic and trade ties with Qatar in June 2017 -- the United Arab E...
Tags: Travel, Saudi Arabia, White House, Israel, Qatar, Iran, Egypt, Middle East, Tehran, Donald Trump, Kuwait, Doha, Uae, Gulf, Trump, United Arab Emirates Bahrain


#Saudi ends lower on weak oil, others gain on UK vaccine nod | Reuters

Saudi ends lower on weak oil, others gain on UK vaccine nod | Reuters Saudi shares retreated for a second straight session on Wednesday, tracking weaker oil prices, while some markets cheered Britain’s approval of Pfizer’s COVID-19 vaccine, which raised hopes of a faster-than-expected global economic recovery.Britain became the West’s first country to formally endorse a jab it said should reach the most vulnerable people early next week.However, oil prices slipped as the market awaited a pact fr...
Tags: Travel, UK, Opec, Qatar, West, Britain, United States, Dubai, Pfizer, Abu Dhabi, Bahrain, Kuwait, Reuters, Riyad Bank, Qatar National Bank, Rupert Neil Bumfrey


#Saudi shares ease, other markets gain after UK's Pfizer-BioNTech vaccine approval | Reuters

Saudi shares ease, other markets gain after UK's Pfizer-BioNTech vaccine approval | Reuters Saudi shares edged down on Wednesday, tracking lower oil, while other Gulf markets were buoyed by encouraging news in the fight against the COVID-19 pandemic as Britain became the first country in the world to approve the Pfizer-BioNTech vaccine rollout.Britain said the vaccine developed by Pfizer and partner BioNTech will be rolled out from early next week, a boost for investors worldwide.Oil prices exte...
Tags: Travel, UK, Saudi Arabia, Opec, Qatar, Britain, United States, Dubai, Pfizer, Abu Dhabi, Bahrain, Kuwait, Gulf, Reuters, Index, Saudi Aramco


MIDEAST STOCKS- #Saudi stocks weaken after stellar November | Nasdaq

MIDEAST STOCKS-Saudi stocks weaken after stellar November | Nasdaq Saudi shares started the month on a weaker note on Tuesday after the bourse's benchmark index nailed solid gains in November on global cheer over the progress of COVID-19 vaccine candidates.Investors worldwide are pinning their hopes on positive vaccine trial data, fuelling optimism about a faster than expected economic recovery.Oil prices, a key catalyst for the region's financial markets, were broadly steady on Tuesday as inves...
Tags: Travel, Saudi Arabia, Russia, Opec, Qatar, Healthcare, United Arab Emirates, Kuwait, Petroleum Exporting Countries OPEC, Qatar National Bank, Rupert Neil Bumfrey, QSI, National Commercial Bank, Qatar Islamic Bank QISB, BKP, Dr Sulaiman Al Habib Medical Services Group Co


MIDEAST STOCKS- #Saudi starts last month of 2020 on wobbly footing after a stellar November | Nasdaq

MIDEAST STOCKS-Saudi starts last month of 2020 on wobbly footing after a stellar November | Nasdaq Saudi shares started the month on a weaker note on Tuesday, tracking lower oil prices, after the benchmark nailed solid gains in November on global cheer over the progress of COVID-19 vaccine candidates.Investors worldwide are pinning their hopes on positive vaccine trial data, fuelling optimism about an economic recovery at a pace faster than expected initially.But on Tuesday, oil prices fell due ...
Tags: Travel, Saudi Arabia, Russia, Qatar, United Arab Emirates, Kuwait, Riyad Bank, Qatar National Bank, Rupert Neil Bumfrey, QSI, Saudi British Bank, Al Rajhi Bank, Qatar Islamic Bank QISB, BKP, Wafrah For Industry Development Co, Shamal Az Zour Al Oula Power Water Co AZNOULA KW


MIDEAST STOCKS-Most log monthly gains on COVID-19 vaccine optimism | Nasdaq

MIDEAST STOCKS-Most log monthly gains on COVID-19 vaccine optimism | Nasdaq Saudi and Dubai shares ended higher on Monday, with most markets recording monthly gains thanks to optimism that the progress in COVID-19 vaccine development would help global economies recover at a quicker pace than initially anticipated.Financial markets worldwide have gained in most sessions after U.S. drugmakers Pfizer PFE.N and Moderna MRNA.O, and Britain's AstraZeneca AZN.L released positive trial data on their vac...
Tags: Travel, Saudi Arabia, Opec, Qatar, Britain, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Tasi, Rupert Neil Bumfrey, Pfizer PFE N, First Abu Dhabi Bank, DFMGI


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


Major Gulf markets close mixed, #Dubai ends winning streak | Reuters

Major Gulf markets close mixed, Dubai ends winning streak | Reuters Major Gulf stock markets ended mixed on Sunday with Saudi Arabian shares extending gains for a sixth consecutive day, while Dubai fell after five days of rises.All major Gulf stocks registered gains in the week to Thursday, riding on a rally fuelled by optimism around COVID-19 vaccine developments.Saudi Arabia’s main index was up 0.2% as Dr. Sulaiman Al-Habib Medical Services Group surged 8.7%, its sharpest intra-day rise since ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, MSCI, Moody, CureVac, Rupert Neil Bumfrey, Emaar Malls, Saudi Electricity, Major Gulf, Emirates Telecommunications Group, Emirates NBD Bank


Most Mideast Stocks Rise to Track Peers, Oil Higher: Inside EM - Bloomberg

Most Mideast Stocks Rise to Track Peers, Oil Higher: Inside EM - Bloomberg Most Middle East stock markets advanced, taking their cue from rising crude oil prices and gains elsewhere in emerging markets last week.Indexes in Saudi Arabia, Abu Dhabi, Bahrain and Oman climbed as much as 0.3%, while those in Dubai, Kuwait and Qatar slipped. The Tadawul All Share Index in Riyadh rose for the sixth consecutive session to trade at the highest level since July 2019.The prospect of the formal start to Pre...
Tags: Travel, Israel, Opec, Qatar, Bloomberg, Joe Biden, Iran, Middle East, Hassan Rouhani, Oman, Riyadh, CureVac, Dubai Kuwait, Rupert Neil Bumfrey, Boubyan Bank, Bloomberg Most


#SaudiArabia seeks to resolve #Qatar crisis as ‘gift’ to Joe Biden | Financial Times

Saudi Arabia seeks to resolve Qatar crisis as ‘gift’ to Joe Biden | Financial Times Saudi Arabia has stepped up its efforts to resolve its more than three-year dispute with Qatar after US president Donald Trump’s election defeat, according to people briefed on the talks.  The move to end the Gulf states’ blockade of their gas-rich neighbour is being perceived as an attempt by Crown Prince Mohammed bin Salman to curry favour with the incoming Biden administration and deliver a parting prese...
Tags: Travel, Washington, Saudi Arabia, US, Qatar, Joe Biden, Iran, Egypt, Middle East, Al Jazeera, Biden, Abu Dhabi, Tehran, Yemen, Donald Trump, Bahrain


Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA Edition

Mideast Stocks-Major markets log weekly gains on vaccine hopes | ZAWYA MENA Edition Abu Dhabi shares ended lower on Thursday but all major Gulf markets managed weekly gains, riding on a rally fuelled by optimism around COVID-19 vaccine developments.Financial markets globally have gained in most sessions over the past couple of weeks as U.S. drugmakers Pfizer Inc and Moderna Inc, and British firm AstraZeneca released positive data on the effectiveness of their vaccine candidates.Investors are opt...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Astrazeneca, Abu Dhabi, Gulf, Pfizer Inc, Air Arabia, Rupert Neil Bumfrey, Dubai Islamic Bank, National Commercial Bank, First Abu Dhabi Bank, Moderna Inc, Qatar Commercial Bank, Sulaiman Al Habib Medical Services Group


#Qatar Inks Deal for Minority Stake in Turkish Stock Exchange - Bloomberg

Qatar Inks Deal for Minority Stake in Turkish Stock Exchange - Bloomberg Qatar announced on Thursday a series of high-profile investments in Turkey, its biggest ally in a years-long rift with Gulf heavyweights Saudi Arabia and the United Arab Emirates, including the purchase of a stake in the country’s main bourse.Doha-based sovereign wealth fund Qatar Investment Authority signed a memorandum of understanding with its Turkish counterpart known as TWF to purchase a 10% stake in Borsa Istanbul AS....
Tags: Travel, Saudi Arabia, Qatar, Turkey, Middle East, United Arab Emirates, Qatar Investment Authority, Recep Tayyip Erdogan, Istanbul, Doha, Gulf, Ankara, Hamad al Thani, Rupert Neil Bumfrey, Bloomberg Qatar, Turkish Stock Exchange Bloomberg


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- #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


MIDEAST STOCKS-Gulf markets rally on upbeat global economic outlook | Nasdaq

MIDEAST STOCKS-Gulf markets rally on upbeat global economic outlook | Nasdaq Most major Gulf markets extended gains on Wednesday as investors cheered 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 and British firm AstraZeneca AZN.L released positive data on the effectiveness of the...
Tags: Travel, Qatar, Joe Biden, United States, Dubai, Abu Dhabi, Donald Trump, Gulf, Saudi Basic Industries Corp, Tasi, Rupert Neil Bumfrey, QSI, National Commercial Bank, First Abu Dhabi Bank, Pfizer Inc PFE N, Moderna Inc


Most Middle East markets end higher as investors cheer Biden transition, vaccine progress | Reuters

Most markets end higher as investors cheer Biden transition, vaccine progress | Reuters Most major Gulf markets closed higher on Tuesday, tracking gains on global bourses, helped by a formal transition nod for U.S. President-elect Joe Biden and new coronavirus vaccine developments.U.S. President Donald Trump on Monday gave the head of the General Services Administration the go-ahead to proceed with a transition to a government led by Biden despite plans to continue with legal challenges.Global f...
Tags: Travel, Saudi Arabia, Opec, Qatar, Joe Biden, Middle East, Dubai, General Services Administration, Biden, Abu Dhabi, Yemen, Donald Trump, Jeddah, Gulf, Reuters, Aramco


Salt Bae Owner’s Qatari Deal Is Said to Value Mall at $1 Billion - Bloomberg

Salt Bae Owner’s Qatari Deal Is Said to Value Mall at $1 Billion - Bloomberg Billionaire Ferit Sahenk’s Dogus Holding AS agreed to sell a 30% stake in a high-end Istanbul shopping center to an arm of Qatar’s sovereign wealth fund, as the Turkish conglomerate raises cash to deliver on pledges it made to banks as part of a debt restructuring last year.Dogus, owner of a steakhouse known for its founder chef’s meme Salt Bae, will get around $300 million for the stake in IstinyePark, according to peo...
Tags: Travel, Qatar, BAE, Qatar Investment Authority, Istanbul, Rupert Neil Bumfrey, Qatar Holding, Dogus, Turkish Competition Board, Ferit Sahenk, Dogus Holding AS, Value Mall


#Qatar starts legal proceedings against FAB in New York in market manipulation row | Reuters

Qatar starts legal proceedings against FAB in New York in market manipulation row | Reuters The Qatar Financial Centre Regulatory Authority (QFCRA) said on Tuesday it has started legal proceedings in New York to compel First Abu Dhabi Bank to pay $55 million in financial penalty imposed by a Qatari court.The Qatari regulator last year had fined United Arab Emirates’ biggest bank 200 million riyals ($55 million) for obstructing an ongoing investigation into suspected market manipulation, a charge...
Tags: Travel, New York, Qatar, United Arab Emirates, Uae, Reuters, Rupert Neil Bumfrey, QFC, First Abu Dhabi Bank, Qatar Financial Centre Regulatory Authority QFCRA, Civil and Commercial Court QFC Court


MIDEAST STOCKS-Most markets rise on Biden transition, vaccine optimism | Nasdaq

MIDEAST STOCKS-Most markets rise on Biden transition, vaccine optimism | Nasdaq Most major Gulf markets tracked broader Asia stocks higher on Tuesday, helped by a formal transition approval for U.S. President-elect Joe Biden and new coronavirus vaccine developments.U.S. President Donald Trump on Monday gave the head of the General Services Administration the go-ahead to proceed with a transition to a government led by Biden despite plans to continue with legal challenges.Saudi Arabia's benchmark...
Tags: Travel, Asia, Saudi Arabia, Russia, Qatar, Joe Biden, Dubai, General Services Administration, Biden, Abu Dhabi, Donald Trump, Gulf, Saudi Basic Industries Corp, Tasi, Rupert Neil Bumfrey, QSI


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


MIDEAST STOCKS-Major markets gain on vaccine optimism; #Saudi eases | Nasdaq

MIDEAST STOCKS-Major markets gain on vaccine optimism; Saudi eases | Nasdaq Most major Gulf markets traded in positive territory on Monday, as further encouraging news on the COVID-19 vaccine front boosted investor sentiment, although Saudi shares bucked the trend in early trade.In the fight against coronavirus infection, UK drugmaker AstraZeneca AZN.L said its vaccine, developed along with the University of Oxford, could be around 90% effective under one dosing regimen.Before AstraZeneca releas...
Tags: Travel, UK, Saudi Arabia, Qatar, Dubai, Astrazeneca, University of Oxford, Abu Dhabi, Gulf, Commercial Bank, Jabal Omar, Rupert Neil Bumfrey, QSI, Savola Group, Emirates NBD ENBD, Emaar Properties EMAR DU


#Qatar leads most Gulf markets higher; Egypt falls | Reuters

Most stock markets in the Middle East ended higher on Sunday, with Qatar’s index leading the gains on a rise in financial shares, while Egypt closed lower.Financial markets globally have been buoyed over the past two weeks by U.S. drugmakers Pfizer and Moderna Inc releasing encouraging news on the effectiveness of their vaccine candidates against the coronavirus.Saudi Arabia’s benchmark index added 0.1%, with Dr Sulaiman Al-Habib Medical Services leaping 5.1% and real estate firm Jabal Omar Deve...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Middle East, United Arab Emirates, Dubai, Pfizer, Gulf, Reuters, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Commercial International Bank, Jabal Omar Development


#Qatar Third-Quarter Exports Drop 36% on Lower Energy Sale - Bloomberg

Qatar Third-Quarter Exports Drop 36% on Lower Energy Sale - Bloomberg Qatar, the world’s biggest shipper of liquefied natural gas, posted a 36% drop in third-quarter exports as the coronavirus pandemic weighed on the sale of energy products.Exports declined to 41.1 billion riyals ($11.1 billion) from 63.7 billion riyals a year ago, according to a statement from the Planning and Statistics Authority. It was “mainly due to lower exports of mineral fuels, lubricants and related materials.”The natio...
Tags: Travel, Qatar, Rupert Neil Bumfrey, Statistics Authority, Lower Energy Sale Bloomberg, Lower Energy Sale Bloomberg Qatar



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