TravelPosts filtered by tags: Qatar National Bank[x]
Property shares buoy #Dubai as major Gulf markets rise | ReutersMarch 3, 2021 at 4:17 AM Property shares buoy Dubai as major Gulf markets rise | Reuters Major stock markets in the Gulf rose in early trade on Wednesday, with the Dubai index leading the gains, boosted by its property shares following a buy out announcement.On Tuesday, Emaar Properties said it was buying out minority shareholders of Emaar Malls in a all-share deal.In Dubai, the index gained 0.8%, led by a 3% jump in blue-chip developer Emaar Properties, while its shopping centre unit Emaar Malls surged 5.9%.Qatar’s ben...Tags: Travel, Qatar, Dubai, Gulf, Reuters, Moody, Reuters Major, Emaar Properties, Qatar National Bank, Qatar Islamic Bank, Rupert Neil Bumfrey, Emaar Malls, Samba Financial Group, Al Rajhi Bank, Fawaz Abdulaziz Alhokair, Elsewhere Arabian Centres 17 people like this. Like Financials boost #Saudi; oil slips ahead of OPEC meet | ReutersMarch 2, 2021 at 4:49 AM Financials boost Saudi; oil slips ahead of OPEC meet | Reuters Financials helped put Saudi stocks on course for their biggest daily percentage gain in over three weeks on Tuesday as other Gulf markets traded mixed, with oil prices falling ahead of an OPEC meeting.With worries over slowing demand in China dampening sentiment, markets traded on expectations that OPEC will agree to raise oil supply at Thursday’s meeting, and Saudi index heavyweight Saudi Aramco fell marginally.Saudi Arabia’s benchm...Tags: Travel, Saudi Arabia, China, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Moody, Qatar National Bank, Qatar Islamic Bank, DAMAC Properties, Rupert Neil Bumfrey, Reuters Financials 37 people like this. Like MIDEAST STOCKS-Moody's forecast lifts Qatari banks | NasdaqMarch 1, 2021 at 12:18 PM MIDEAST STOCKS-Moody's forecast lifts Qatari banks | Nasdaq Qatari shares ended higher on Monday, extending gains for a third consecutive session, led by financial stocks after Moody's gave an upbeat forecast for the sector.Other major Gulf markets were little changed.A Moody's report on Monday said that Qatari bank profits will remain resilient in 2021 despite higher provisioning costs driven by the COVID-19 pandemic.Qatar's benchmark .QSI rose 0.6%, with Qatar Islamic Bank QISB.QA climbing 2.2...Tags: Travel, Saudi Arabia, Qatar, Dubai, Gulf, Moody, Qatar National Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank, TVM Capital Healthcare, Qatar Islamic Bank QISB, Amanat Holdings AMANT, Cambridge Medical and Rehabilitation Center 16 people like this. Like Higher oil prices push #Saudi index up, while Egypt declines | ReutersFebruary 23, 2021 at 9:20 AM Higher oil prices push Saudi index up, while Egypt declines | Reuters Gulf markets ended mostly higher on Tuesday, with Saudi Arabia’s benchmark index leading gains, while Egypt’s blue-chip index slid more than 1 percent.The Saudi index closed 0.8% higher, its biggest daily percentage gain in over a week, buoyed by higher oil prices.The rise in crude prices was underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies w...Tags: Travel, Texas, Saudi Arabia, Egypt, Dubai, Abu Dhabi, Gulf, Reuters, Qatar National Bank, Reuters Gulf, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank, Gulf Egypt, Emirates Integrated Telecommunications Company, Emirates Telecommunications Group Etisalat 23 people like this. Like Mideast Stocks: Most Gulf markets track oil, Asian shares higher | ZAWYA MENA EditionFebruary 23, 2021 at 4:36 AM 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 11 people like this. Like Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA EditionFebruary 21, 2021 at 3:56 AM Mideast Stocks: Major Gulf markets rise in early trade | ZAWYA MENA Edition Major stock markets in the Gulf rose early on Sunday, lifted by gains in their banking shares, with the Saudi index leading the way.The kingdom's food and drug administration has approved the COVID-19 vaccine made by AstraZeneca, Reuters reported on Thursday, citing state TV.The benchmark index in Saudi Arabia traded 0.5% higher, on course to end two sessions of losses.Al Rajhi Bank rose 0.6%, while Banque Saudi Fransi j...Tags: Travel, Saudi Arabia, United Arab Emirates, Dubai, Abu Dhabi, Emirates NBD, Qatar National Bank, Rupert Neil Bumfrey, Banque Saudi Fransi, Al Rajhi Bank, First Abu Dhabi Bank, Major Gulf, AstraZeneca Reuters 25 people like this. Like Most Gulf markets fall; #AbuDhabi gains | ReutersFebruary 18, 2021 at 8:33 AM Most Gulf markets fall; Abu Dhabi gains | Reuters Most Gulf markets ended in the red on Thursday, with the Saudi index pressured by losses in its banking shares.Saudi Arabia’s benchmark index ended the session down 0.7%, but was still up 0.9% on the week.Al Rajhi Bank dropped 0.7%, while the kingdom’s largest lender National Commercial Bank retreated 1.9%.Crude oil exports in Saudi Arabia, the world’s largest oil exporter, rose for a sixth straight month to an eight-month peak in December 2020, ...Tags: Travel, Saudi Arabia, Wam, United Arab Emirates, Dubai, Abu Dhabi, Boeing, Gulf, Reuters, Emirates NBD, Qatar National Bank, Oct, Qatar Islamic Bank, Rupert Neil Bumfrey, Aldar Properties, National Commercial Bank 33 people like this. Like Mideast Stocks: #Qatar leads most of Gulf lower | ZAWYA MENA EditionFebruary 17, 2021 at 9:07 AM 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 36 people like this. Like Wall street and oil surge boost most Gulf markets | ReutersFebruary 9, 2021 at 4:18 AM Wall street and oil surge boost most Gulf markets | Reuters Most major stock markets in the Gulf rose early on Tuesday, after a record-setting day on Wall Street, although Qatar bucked the trend to trade lower.Wall Street reached all-time closing highs on Monday as the Nasdaq Composite added nearly 1% and the S&P 500 and the Dow Jones Industrial Average gained about 0.75%.Oil prices, a key catalyst for the Gulf region’s financial markets, also hit 13-month highs, helped by rising optimism about ...Tags: Travel, Saudi Arabia, Wall Street, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Cma, Gulf, Samba, Reuters, Nasdaq Composite, Emaar Properties, NCB, Qatar National Bank, Rupert Neil Bumfrey 39 people like this. Like Oil lifts #Saudi shares; other Gulf indexes fall | ReutersFebruary 8, 2021 at 9:08 AM Oil lifts Saudi shares; other Gulf indexes fall | Reuters Saudi Arabian shares surged on Monday as crude prices rose to their highest in just over a year, while the markets in the United Arab Emirates finished lower after a spike in coronavirus cases in recent weeks soured sentiment.Oil prices, the most crucial catalyst for the Saudi financial market, were boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures that could boost demand. [O/R]The oil market...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Emirates NBD, Organization of the Petroleum Exporting Countries, Saudi Basic Industries Corp, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Aldar Properties 37 people like this. Like Major Gulf markets mixed in early trade | ReutersFebruary 4, 2021 at 4:27 AM Major Gulf markets mixed in early trade | Reuters Major Gulf stocks were mixed early on Thursday, with Dubai on track to extend losses from the previous session weighed by rising COVID-19 cases.Dubai’s main share index fell 1.2%, with blue-chip developer Emaar Properties dropping 2% and Dubai Investments retreating 4.9%.A second wave of coronavirus infections threatens to upend a tourism boom in Dubai which provided a salve to its battered economy.Dubai, one of the few destinations open to inter...Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Emaar Properties, Qatar National Bank, Abu Dhabi Commercial Bank, Rupert Neil Bumfrey, Dubai Investments, Al Rajhi Bank, Ma'aden, Saudi Arabian Mining Company Ma'aden, Reuters Major Gulf 32 people like this. Like #Saudi shares lead broader Gulf losses, Egypt weakens | ReutersFebruary 3, 2021 at 10:23 AM Saudi shares lead broader Gulf losses, Egypt weakens | Reuters The markets in the United Arab Emirates (UAE) fell on Wednesday after solid gains in the previous two days, while Saudi Arabia extended losses to a fourth straight session as it imposed further restrictions to curb the spread of the coronavirus.Dubai, which firmed more than 1% each in the past two sessions, weakened 0.4%, dragged mainly by financial stocks.The Dubai Stock Exchange operator Dubai Financial Market slipped nearly 5%, wh...Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Emirates NBD, United Arab Emirates UAE, Qatar National Bank, Dubai Financial Market, Rupert Neil Bumfrey, Industries Qatar, National Commercial Bank 45 people like this. Like #UAE markets lead gains, #SaudiArabia declines | ReutersFebruary 1, 2021 at 9:26 AM 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 9 people like this. Like MIDEAST STOCKS- #UAE markets strengthen, #SaudiArabia edges down | NasdaqJanuary 27, 2021 at 9:30 AM MIDEAST STOCKS-UAE markets strengthen, Saudi Arabia edges down | Nasdaq Markets in the United Arab Emirates (UAE) finished higher on Wednesday, with Abu Dhabi index .ADI leading the advancements, buoyed by gains in the country's largest lender First Abu Dhabi Bank FAB.AD.The Abu Dhabi benchmark closed 1.4% higher, bouncing back from losses in the previous session.FAB was the best performer on the Abu Dhabi index, putting on 2.5%, while real estate firm Aldar Properties ALDAR.AD added 3.5%.The ba...Tags: Travel, Saudi Arabia, Russia, Qatar, Egypt, Dubai, Abu Dhabi, Uae, Emirates NBD, United Arab Emirates UAE, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Samba Financial Group, First Abu Dhabi Bank, Qatar International Islamic Bank 37 people like this. Like Most Gulf markets in red; #Kuwait up on banks | ReutersJanuary 24, 2021 at 1:18 PM Most Gulf markets in red; Kuwait up on banks | Reuters Most stock markets in the Gulf ended lower on Sunday, with Dubai extending losses from the previous session as rising COVID infections in the United Arab Emirates weighed on sentiment.Saudi Arabia’s benchmark index dropped 0.5%, with National Commercial Bank, the country’s largest lender, shedding 1.7%, while Al Rajhi Bank was down 0.5%.The Saudi-led coalition battling Yemen’s Houthi movement said it had thwarted an air attack towards the Sa...Tags: Travel, Saudi Arabia, Qatar, Iran, Middle East, United Arab Emirates, Dubai, Oxford University, Abu Dhabi, Yemen, Kuwait, Uae, Gulf, Reuters, Riyadh, Qatar National Bank 24 people like this. Like #Qatar National Bank sells $1 billion in five-year bonds - document | ReutersJanuary 19, 2021 at 1:45 PM Qatar National Bank sells $1 billion in five-year bonds - document | Reuters Qatar National Bank, the Gulf’s biggest lender, sold $1 billion in five-year bonds at 95 basis points (bps) over mid-swaps after attracting more than $2.5 billion in orders for the debt sale, a document showed on Tuesday.It had given initial price guidance of around 120 bps over mid-swaps earlier on Tuesday, another document also from one of the banks arranging the deal showed.The deal comes as Gulf borrowers line up de...Tags: Travel, Saudi Arabia, Bahrain, Gulf, Reuters, National Commercial Bank NCB, NCB, Qatar National Bank, Rupert Neil Bumfrey, Reuters Qatar National Bank the Gulf 16 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 #Qatar National Bank profits drop 16% as loan loss provisions rise | ReutersJanuary 12, 2021 at 8:32 AM Qatar National Bank profits drop 16% as loan loss provisions rise | Reuters Qatar National Bank, the Gulf’s biggest bank by assets, on Tuesday reported a drop in annual profit of more than 16%, hit by $1.6 billion in impairments during a year when the region’s economy was affected by the coronavirus outbreak.Gulf banks have faced a slowdown in business and a rise in loan impairments as Covid-19 hit the region. The outlook for 2021 is uncertain due to the protracted nature of the economic recover...Tags: Travel, Gulf, Reuters, Qatar National Bank, QNB, Rupert Neil Bumfrey, Reuters Qatar National Bank, COVID 13 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 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 #Qatar leads broader gains on breakthrough in Arab rift | ReutersJanuary 5, 2021 at 10:49 AM 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 9 people like this. Like MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, #Dubai extends gain | ReutersJanuary 5, 2021 at 3:59 AM MIDEAST STOCKS-Qatari stocks rise as Gulf tensions ease, Dubai extends gain | Reuters Qatar’s stock market rose sharply in early Tuesday trade, buoyed by an easing in the Gulf’s more than three-year diplomatic rift, while Dubai climbed for a third session amid growth in the United Arab Emirates’ non-oil private sectors.Saudi Arabia agreed to reopen its airspace and land and sea border to Qatar in a deal towards resolving a dispute that led Riyadh and its allies to impose a boycott on Qatar in 20...Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Gulf, Reuters, Riyadh, Emaar Properties, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Almarai, National Commercial Bank, Reuters Qatar 46 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- #UAE markets close lower after country reports cases of new virus variant | NasdaqDecember 30, 2020 at 9:01 AM MIDEAST STOCKS-UAE markets close lower after country reports cases of new virus variant | Nasdaq Stock markets in the United Arab Emirates (UAE) finished lower on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.The UAE has discovered a "limited number" of cases of people infected with the new coronavirus variant, the first confirmed cases of the more contagious version of the virus in the Gulf region.The UAE has kept its borders and international flight...Tags: Travel, Saudi Arabia, Qatar, Britain, Dubai, Abu Dhabi, Bahrain, Uae, Gulf, Adi, United Arab Emirates UAE, Qatar National Bank, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Meraas 4 people like this. Like #Saudi, #Dubai lead broader regional gains on higher oil | ReutersDecember 29, 2020 at 10:32 AM 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 7 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 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 Major Gulf markets little changed; #Dubai ends winning streak | ReutersDecember 13, 2020 at 6:05 PM Major Gulf markets little changed; Dubai ends winning streak | Reuters Major stock markets in the Gulf were little changed on Sunday in the absence of new catalysts to encourage buying, with Dubai closing flat after six days of rises.Saudi Arabia’s benchmark index was flat, with Jabal Omar Development rising 4.1%, snapping three sessions of losses.Dubai’s main share index traded flat, with its largest lender Emirates NBD Bank falling 0.9%.The Abu Dhabi index gained 0.6%, with the country’s large...Tags: Travel, Saudi Arabia, Wam, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Major, Qatar National Bank, Rupert Neil Bumfrey, Industries Qatar, Jabal Omar Development, First Abu Dhabi Bank, Major Gulf 33 people like this. Like |
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