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MIDEAST STOCKS #Saudi leads major Gulf markets higher; blue-chip selloff hits Egypt | Reuters

Major stock markets in the Gulf ended higher on Tuesday, with the Saudi index gaining for a twelfth consecutive session, while a blue-chip selloff dragged the Egyptian bourse.Saudi Arabia's benchmark index (.TASI) reversed early losses to close 0.5% higher, led by a 1.2% gain in Al Rajhi Bank (1120.SE) and a 2.2% increase in Saudi National Bank (1180.SE), the kingdom's largest lender.On Sunday, Al Rajhi posted a 48% jump in quarterly profit, helped by an increase in net financing and investme...
Tags: Travel, Saudi Arabia, Egypt, United Arab Emirates, Dubai, Bank, Abu Dhabi, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Al Rajhi, QSI, Al Rajhi Bank, Gulf Egypt


MIDEAST STOCKS Major Gulf bourses mixed in early trade | Reuters

MIDEAST STOCKS Major Gulf bourses mixed in early trade | Reuters Major stock markets in the Gulf were mixed in early trade on Tuesday, with the Saudi index on course to end eleven straight sessions of gains.Saudi Arabia's benchmark index (.TASI) fell 0.2%, with Saudi Telecom Co (STC) (7010.SE) losing 1.6% and Al Jazira Bank (1020.SE) retreating about 4%.The two companies reported a higher second-quarter net profit, however, they saw a decrease sequentially in earnings.Among other decliners, Na...
Tags: Travel, Saudi Arabia, United Arab Emirates, Gulf, Reuters, Reuters Major, Tasi, Rupert Neil Bumfrey, QSI, Al Jazira Bank, First Abu Dhabi Bank FAB, Mesaieed Petrochemical Holding MPHC, Saudi Telecom Co STC, National Shipping Company, Dubai Investments DINV DU In Abu Dhabi


MIDEAST STOCKS Major Gulf bourses gain as earnings boost #Saudi index | Reuters

MIDEAST STOCKS Major Gulf bourses gain as earnings boost Saudi index | Reuters Major Gulf stock markets ended higher on Monday, with a slew of corporate earnings driving up Saudi shares.Saudi Arabia's benchmark index (.TASI) rose 0.8%, with Al Rajhi Bank (1120.SE) leaping 3.4% a day after it posted a 48% jump in quarterly profit, helped by an increase in net financing and investment income, and fees from banking services. read moreAmong other gainers, Saudi Telecom Co (7010.SE) was up 0.7%...
Tags: Travel, Saudi Arabia, China, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Etisalat, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Gulf Egypt, Saudi Telecom Co


MIDEAST STOCKS #Saudi gains on banking boost; Etisalat drags #AbuDhabi lower | Reuters

MIDEAST STOCKS Saudi gains on banking boost; Etisalat drags Abu Dhabi lower | Reuters Most stock markets in the Gulf rose in early trade on Monday, with banks boosting the Saudi index, while the Abu Dhabi bourse was hit by declines in Etisalat shares.Saudi Arabia's benchmark index (.TASI) gained 0.5%, with Al Rajhi Bank (1120.SE) rising 1.9% and petrochemical firm Saudi Basic Industries (2010.SE) was up 1.2%.Al Rajhi Bank posted on Sunday a net profit of 3.6 billion riyals ($959.92 million) fo...
Tags: Travel, Saudi Arabia, China, United Arab Emirates, Dubai, Abu Dhabi, Uae, Reuters, Etisalat, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, DFMGI, Qatar Aluminium Manufacturing Co, Mashreq Bank MASB


MIDEAST STOCKS #AbuDhabi hits record high, #Saudi bourse up on banks | Reuters

MIDEAST STOCKS Abu Dhabi hits record high, Saudi bourse up on banks | Reuters Abu Dhabi's stock market ended higher on Sunday, hitting a record high during the session, while the Saudi index was bolstered by gains in banking shares.The Saudi benchmark index (.TASI) finished 0.5% higher, with Al Rajhi Bank (1120.SE) rising 2% after posting a 48% jump in quarterly profit, helped by an increase in net financing and investment income, and fees from banking services. read moreThe bank reported ...
Tags: Travel, Dubai, Abu Dhabi, Reuters, Etisalat, Qatar National Bank, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Alinma Bank


MIDEAST STOCKS #AbuDhabi hits record high, boosted by telco Etisalat | Reuters

MIDEAST STOCKS Abu Dhabi hits record high, boosted by telco Etisalat | Reuters Most major stock markets in the Gulf rose in early trade on Sunday, with Abu Dhabi index hitting a record high, although Qatar bucked the trend to trade lower.In Abu Dhabi, the index (.ADI) advanced 1.7%, hitting its record high, buoyed by a 6.5% jump in Emirates Telecommunications Group (Etisalat) (ETISALAT.AD).On Thursday, the telecoms firm reported quarterly net profit of 2.40 billion dirhams ($653.5 million), up...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Etisalat, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, First Abu Dhabi Bank, DFMGI, Dubai Islamic Bank DISB


MIDEAST STOCKS #AbuDhabi hits record high, major Gulf bourses gain | Reuters

MIDEAST STOCKS Abu Dhabi hits record high, major Gulf bourses gain | Reuters Major stock markets in the Gulf ended higher on Thursday, amid rising oil prices, with the Abu Dhabi index hitting a record high.Brent crude oil futures were up 39 cents, or 0.5%, at $75.13 a barrel by 1254 GMT, as crude stockpiles in the United States, the world's top oil consumer, fell to their lowest since January 2020.GCC stock markets opened in the black as U.S. oil stockpiles continued decreasing, revealing ...
Tags: Travel, Saudi Arabia, United States, GCC, United Arab Emirates, Abu Dhabi, Gulf, Reuters, Reuters Major, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Industries Qatar, Abudhabi, Al Rajhi Bank, Gulf Egypt


MIDEAST STOCKS Most Gulf bourses gain on corporate earnings boost | Reuters

MIDEAST STOCKS Most Gulf bourses gain on corporate earnings boost | Reuters Most major stock markets in the Gulf ended higher on Wednesday, largely supported by strong corporate earnings, while the Dubai index closed lower and was the only laggard.Saudi Arabia's benchmark index (.TASI) rose 0.2%, helped by a 0.4% gain in Al Rajhi Bank (1120.SE) and a 0.6% increase in oil behemoth Saudi Aramco (2222.SE).Ratings firm Fitch raised Aramco's outlook to stable and affirmed its IDR at "A".In Abu ...
Tags: Travel, Saudi Arabia, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Emirates NBD, Fitch, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Gulf Egypt


MIDEAST STOCKS Most Gulf markets firm on higher oil prices | Reuters

MIDEAST STOCKS Most Gulf markets firm on higher oil prices | Reuters Most stock markets in the Gulf ended higher on Tuesday, mirroring a rise in oil prices, with the Abu Dhabi index settling at a record high.Brent crude futures rose 23 cents, or 0.3%, to $74.73 a barrel by 1150 GMT as investors bet tight supply and rising vaccination rates will help offset any impact on demand from surging COVID-19 cases worldwide.GCC markets have recovered as oil prices stabilized following clearer expect...
Tags: Travel, Saudi Arabia, Egypt, GCC, Dubai, Abu Dhabi, Gulf, Reuters, Dana Gas, Tasi, Rupert Neil Bumfrey, QSI, Gulf Egypt, Reuters Most, Saudi Telecom Co, Emirates NBD ENBD


MIDEAST STOCKS #AbuDhabi hits record high again; other major Gulf markets mixed | Reuters

MIDEAST STOCKS Abu Dhabi hits record high again; other major Gulf markets mixed | Reuters Major stock markets in the Gulf ended mixed on Monday, a day after the bourses were in the black as they reopened after a long Eid break, with the Abu Dhabi index reaching a new record high.During holidays in the Gulf, traders typically cash in shares and are generally cautious of any developments in global markets while their bourses are closed.In Abu Dhabi, the index (.ADI) advanced 0.9%, hitting a n...
Tags: Travel, Egypt, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Major, Dana Gas, Commercial Bank, Tasi, Rupert Neil Bumfrey, QSI, Abudhabi, Al Rajhi Bank, Gulf Egypt, Emaar Properties EMAR DU


MIDEAST STOCKS #AbuDhabi hits record high as most Gulf markets gain | Reuters

MIDEAST STOCKS Abu Dhabi hits record high as most Gulf markets gain | Reuters Most Gulf bourses ended higher on Sunday, as they reopened after a long Eid break, with the Abu Dhabi index hitting a record high.During holidays in the Gulf, traders typically cash in shares and are generally cautious of any developments in global markets while their bourses are closed.Saudi Arabia's benchmark index (.TASI) gained 0.8%, with Al Rajhi Bank (1120.SE) rising 1.1% and Saudi Arabian Mining Company (1...
Tags: Travel, Saudi Arabia, Egypt, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Dana Gas, Tasi, Rupert Neil Bumfrey, Abudhabi, Al Rajhi Bank, Gulf Egypt, DFMGI, Dana Gas DANA


MIDEAST STOCKS #Saudi index gains on petrochemicals boost; other major markets ease | Reuters

MIDEAST STOCKS Saudi index gains on petrochemicals boost; other major markets ease | Reuters Most major stock markets in the Gulf ended lower on Thursday, weighed by financial shares, while the Saudi index was lifted by shares of petrochemical companies.Saudi Arabia's benchmark index (.TASI) finished 0.2% higher, with Sahara International Petrochemical Company (2310.SE) rising over 3% and Saudi Basic Industries (2010.SE) gaining 0.7%.Goldman Sachs expects an oil supply agreement between Sa...
Tags: Travel, Saudi Arabia, Opec, United Arab Emirates, Goldman Sachs, Abu Dhabi, Uae, Gulf, Reuters, Qatar National Bank, Tasi, GCC Gulf Cooperation Council, Rupert Neil Bumfrey, Gulf Egypt, First Abu Dhabi Bank, Emaar Properties EMAR DU


MIDEAST STOCKS #AbuDhabi leads Gulf higher as Yahsat makes strong market debut | Reuters

Most major Gulf markets closed higher on Wednesday with Abu Dhabi stocks leading gains, as Mubadala-backed satellite operator Al Yah Satellite Communications (Yahsat) listed after a $730 million initial public offering (IPO).Abu Dhab's index (.ADI) closed 0.5% higher boosted by a 1.9% rise in International Holding Company (IHC.AD).Shares of Yahsat surged as much as 12.7% in the first day of trading before closing at 2.80 dirhams ($0.7624) per share, 1.8% above its IPO price of 2.75 dirhams. ...
Tags: Travel, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, Emirates NBD, Tasi, Rupert Neil Bumfrey, Mubadala, Al Rajhi Bank, Gulf Egypt, Qatar National Bank QNBK, Commercial International Bank COMI, Dubai Islamic Bank DISB DU, Dubai Investments DINV


MIDEAST STOCKS Most major Gulf bourses gain, tracking oil prices; Qatar eases | Reuters

MIDEAST STOCKS Most major Gulf bourses gain, tracking oil prices; Qatar eases | Reuters Most major stock markets in the Gulf ended higher on Tuesday, mirroring gains in oil prices as tight supply and expectations of a further draw in U.S. and global crude inventories provided support.Oil prices are forecast to increase as supply falls short while global demand soars, said Michael Stark, research analyst at Exness."OPEC has effectively taken initiatives to protect price levels and market sh...
Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Morgan Stanley MS N, Michael Stark, Gulf Egypt, Goldman Sachs GS N, Emirates Telecommunications Group Etisalat


MIDEAST STOCKS #Saudi index snaps five-day losing streak; #Qatar extends losses | Reuters

MIDEAST STOCKS Saudi index snaps five-day losing streak; Qatar extends losses | Reuters Major stock markets in the Gulf ended mixed on Monday, with the Saudi index snapping a five-day losing streak and Qatar falling for a third consecutive session.Saudi Arabia's benchmark index (.TASI) rose 0.1%, with Al Rajhi Bank (1120.SE) and petrochemical maker Saudi Basic Industries (2010.SE) gaining nearly 1% each.In Abu Dhabi, the index (.ADI) finished up 0.4%, led by gains in telecoms firm Etisalat...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Oman, Abu Dhabi, Gulf, Reuters, Adi, Reuters Major, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Mubadala


MIDEAST STOCKS #Qatar bourse gains as major Gulf markets ease | Reuters

MIDEAST STOCKS Qatar bourse gains as major Gulf markets ease | Reuters Most major stock markets in the Gulf ended lower on Wednesday, extending losses from the previous session, after Saudi Arabia amended import rules from the Gulf in a challenge to the United Arab Emirates, although Qatar bucked the trend.Saudi Arabia's benchmark index (.TASI) fell 0.1%, hit by a 0.9% fall in Al Rajhi Bank (1120.SE) and a 0.7% drop in top lender Saudi National Bank (1180.SE).The kingdom has amended its ru...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Gulf Cooperation Council, Adi, Emaar Properties, Tasi, Rupert Neil Bumfrey, Emaar Malls


MIDEAST STOCKS #Dubai drags major Gulf markets lower | Reuters

MIDEAST STOCKS Dubai drags major Gulf markets lower | Reuters Major stock markets ended lower on Tuesday, as Saudi Arabia amended import rules from the Gulf in a challenge to the United Arab Emirates, with the Dubai index leading the losses.Dubai's main share index (.DFMGI) fell 0.7%, weighed down by a 1.1% drop in Emirates NBD Bank (ENBD.DU) and a 1% decline in sharia-compliant lender Dubai Islamic Bank (DISB.DU).Among others, Dubai's largest listed developer Emaar Properties (EMAR.DU) los...
Tags: Travel, Saudi Arabia, Emirates, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Gulf Cooperation Council, Reuters Major, IHC, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Emaar Properties EMAR DU


MIDEAST STOCKS #AbuDhabi hits record high; other major Gulf bourses ease | Reuters

MIDEAST STOCKS Abu Dhabi hits record high; other major Gulf bourses ease | Reuters Abu Dhabi stocks rose to a record high in early trade on Monday, led by gains in International Holding (IHC) as the company continued a rally following the listing of a subsidiary.IHC's market capitalisation hit 201.7 billion dirhams ($54.92 billion) last week, making it Abu Dhabi's most valuable listed company, after the market debut of Alpha Dhabi (ALPHADHABI.AD), in which IHC holds a 45% stake. read moreIn Ab...
Tags: Travel, Saudi Arabia, Opec, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, Gulf Arab, IHC, Reuters Abu Dhabi, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey


MIDEAST STOCKS #AbuDhabi extends gains as #Dubai eases | Reuters

MIDEAST STOCKS Abu Dhabi extends gains as Dubai eases | Reuters Abu Dhabi's stock market ended higher on Sunday, extending gains for a fifth straight session as International Holding (IHC) continued its rise following the listing of a unit, while Dubai's main index slipped.IHC's market capitalisation hit 201.7 billion dirhams ($54.92 billion) last week, making it Abu Dhabi's most valuable listed company, after the market debut of Alpha Dhabi (ALPHADHABI.AD), in which IHC holds a 45% stake....
Tags: Travel, Saudi Arabia, India, Egypt, Dubai, Abu Dhabi, Uae, Reuters, SABIC, IHC, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Commercial International Bank COMI


MIDEAST STOCKS #AbuDhabi hits record high as most Gulf bourses gain | Reuters

MIDEAST STOCKS Abu Dhabi hits record high as most Gulf bourses gain | Reuters Abu Dhabi's stocks hit a new record high on Thursday, as conglomerate International Holding (IHC) continued a winning streak following the listing of its Alpha Dhabi subsidiary.IHC has risen about 28% this week after Alpha Dhabi Holding (ALPHADHABI.AD), in which IHC holds a 45% stake, made its market debut. read moreThe Abu Dhabi index (.ADI) gained 0.9%, buoyed by a 3.4% rise in International Holding (IHC.AD).IH...
Tags: Travel, Opec, Qatar, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Aramex, Adi, IHC, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey, Abudhabi, Emirates NBD Bank ENBD


MIDEAST STOCKS #AbuDhabi index hits record high, #Saudi eases | Reuters

MIDEAST STOCKS Abu Dhabi index hits record high, Saudi eases | Reuters Abu Dhabi stocks rose for a fourth straight session on Thursday to a record peak as conglomerate International Holding (IHC) firmed, while the Saudi index eased ahead of an OPEC+ meeting later in the day.The Abu Dhabi market (.ADI) jumped 1.5% on the back of a 5.9% surge in IHC, which on Sunday became the emirate's most valuable listed firm after the listing of its unit Alpha Dhabi (ALPHADHABI.AD).Operating in fields rangin...
Tags: Travel, Saudi Arabia, Opec, Dubai, Abu Dhabi, Uae, Reuters, IHC, Qatar National Bank, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Emirates NBD ENBD, MSCI GCC


MIDEAST STOCKS Fresh COVID curbs and US air strike push Gulf stocks lower | Reuters

MIDEAST STOCKS Fresh COVID curbs and US air strike push Gulf stocks lower | Reuters A resurgence in coronavirus infections and U.S. air strikes against Iran-backed militias slammed Gulf stock markets on Monday, knocking Abu Dhabi's main index from record highs hit earlier in the session.Dubai's share index (.DFMGI) posted the biggest fall, down 1.1% and off 21-month highs touched on Sunday. It was weighed by a 1.8% fall in top lender Emirates NBD (ENBD.DU) and a 1.6% decline in blue-chip d...
Tags: Travel, Saudi Arabia, Iraq, US, Qatar, Iran, Syria, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Stark, IHC, Emaar, Tasi


MIDEAST STOCKS #AbuDhabi outperforms Gulf stocks as IHC extends surge | Reuters

MIDEAST STOCKS Abu Dhabi outperforms Gulf stocks as IHC extends surge | Reuters Abu Dhabi stocks outperformed Gulf markets on Monday, led by a 9% surge in the shares of the International Holding Company (IHC) conglomerate, which benefited from the listing of a subsidiary.The Abu Dhabi index (.ADI) advanced 1.2%, while International Holding (IHC.AD) was up 3.4%, having jumped 15% on Sunday. IHC shares are up around 170% this year.IHC, now Abu Dhabi's most valuable listed company, gained after t...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Ooredoo, Gulf, Reuters, IHC, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, S P Global, Saudi Fransi Capital, Industries Qatar IQCD


MIDEAST STOCKS #AbuDhabi outperforms Gulf bourses as IHC surges on unit's listing | Reuters

MIDEAST STOCKS Abu Dhabi outperforms Gulf bourses as IHC surges on unit's listing | Reuters Most major stock markets in the Gulf rose in early trade on Sunday, with the Abu Dhabi index boosted by a surge in International Holding (IHC) (IHC.AD) following listing of its unit.Alpha Dhabi Holding (ALPHADHABI.AD), in which IHC holds a 45% stake, opened at 20 dirhams a share before easing to 17.70 dirhams, giving it a market value of 177 billion dirhams ($48.2 billion).The Abu Dhabi index (.ADI) adv...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, IHC, Tasi, Rupert Neil Bumfrey, QSI, Sipchem, Al Rajhi Bank, Qatar National Bank QNBK, Sahara International Petrochemical Company, Dubai Islamic Bank DISB


MIDEAST STOCKS Major Gulf markets mixed in early trade | Reuters

MIDEAST STOCKS Major Gulf markets mixed in early trade | Reuters Major stock markets in the Gulf were mixed in early trade on Thursday, with the Dubai index on course to snap two sessions of gains on weakness in banks.In Saudi Arabia, the index (.TASI) rose 0.3% as Al Rajhi Bank (1120.SE) gained 0.4%, while Sahara International Petrochemical Company (SIPCHEM) (2310.SE) jumped 4.5% after proposing a first-half dividend of 0.75 riyal per share.SIPCHEM said in a separate filing it planned to moth...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Reuters Major, Tasi, Rupert Neil Bumfrey, QSI, Nasdaq Dubai, Sipchem, Al Rajhi Bank


MIDEAST STOCKS #Dubai index up on property shares as major Gulf bourses ease | Reuters

Dubai's stock market ended higher on Wednesday, buoyed by gains in real estate stocks, while other major Gulf markets were little changed.Dubai's main share index (.DFMGI) rose 0.4%, with blue-chip developer Emaar Properties (EMAR.DU) rising 1.4%, while logistics firm Aramex (ARMX.DU) advanced 1.5%.Dubai repaid $500 million in bonds due on Tuesday in what the government said was a sign of fiscal stability despite the coronavirus-driven economic downturn. read moreElsewhere, DAMAC Propertie...
Tags: Travel, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Saudi Telecom, Damac, Abu Dhabi Commercial Bank ADCB, Public Investment Fund, Gulf Egypt, Emaar Properties EMAR


MIDEAST STOCKS Major Gulf markets gain as financial shares rise | Reuters

Major stock markets in the Gulf ended higher on Tuesday, supported by their financial stocks, with the Abu Dhabi index leading the gains. Saudi Arabia's benchmark index  (.TASI)  added 0.3%, with Saudi National Bank  (1180.SE)  rising 2.5% and petrochemical maker Saudi Basic Industries  (2010.SE)  strengthening 0.7%. Yemen's warring parties are thrashing out terms for a peace deal that would extricate the kingdom from a costly war and help alleviate a devastating humanitarian crisis, Reu...
Tags: Travel, Saudi Arabia, Qatar, Iran, United Arab Emirates, Dubai, Oman, Abu Dhabi, Yemen, Uae, Gulf, Reuters, Riyadh, Adi, Dubai International Airport, Tasi


MIDEAST STOCKS #Qatar gains as major Gulf markets rise | Reuters

MIDEAST STOCKS Qatar gains as major Gulf markets rise | Reuters Major Gulf markets rose in early trade on Tuesday, mostly lifted by financial stocks, while Qatar was boosted by its blue-chip shares.The Qatari benchmark (.QSI), up 0.6%, saw broad-based gains, with telecom firm Ooredoo (ORDS.QA) jumping about 6%.Qatar's foreign minister on Monday received the new Saudi ambassador to Doha, the first to be reinstated by Arab states after they agreed to end a dispute with Qatar earlier this year. R...
Tags: Travel, Qatar, Iran, Oman, Abu Dhabi, Yemen, Doha, Ooredoo, Gulf, Reuters, Riyadh, Dubai International Airport, Tasi, Qatar Saudi Arabia, Rupert Neil Bumfrey, Al Rajhi Bank


MIDEAST STOCKS #Saudi bourse underperforms major Gulf markets, #Qatar gains | Reuters

MIDEAST STOCKS Saudi bourse underperforms major Gulf markets, Qatar gains | Reuters Most major stock markets in the Gulf ended lower on Sunday, with the Saudi index leading the losses, although Qatar bucked the trend to close higher. The benchmark index  (.TASI)  in Saudi Arabia, fell 0.6%, with Al Rajhi Bank  (1120.SE)  and petrochemical firm Saudi Basic Industries  (2010.SE)  dropping 1.8% each. The kingdom's April crude oil exports fell to their lowest level since June 2020, official ...
Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Fitch, Dubai International Airport, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, Gulf Egypt, Qatar Islamic Bank QISB QA


MIDEAST STOCKS Major Gulf markets mixed in early trade | Reuters

MIDEAST STOCKS Major Gulf markets mixed in early trade | Reuters Major Gulf stock markets were mixed in early trade on Sunday with the Abu Dhabi index leading gains boosted by top lender First Abu Dhabi Bank.The benchmark index (.TASI) in Saudi Arabia, fell 0.3%, with Al Rajhi Bank (1120.SE) losing 0.9% and petrochemical firm Saudi Basic Industries (2010.SE) easing 0.7%.The kingdom's April crude oil exports fell to their lowest level since June 2020, official data showed on Thursday. OPEC and ...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Fitch, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, First Abu Dhabi Bank



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