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MIDEAST STOCKS- #Dubai leads most Gulf markets higher; #Saudi eases | Nasdaq

Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender Emirates NBD, while Saudi bucked the trend to close lower.Dubai's main share index .DFMGI advanced 1.4%, with Emirates NBD ENBD.DU jumping 4.4% and sharia-compliant lender Dubai Islamic Bank DISB.DU up 0.8%.Emirates NBD recorded a more 20% increase in the number and value of fund transfers via its DirectRemit platform in 2020 compared to the previous year.Property stocks also drove gains,...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Emirates NBD, Adi, Etisalat, Tasi, Saudi Telecom Company, Abu Dhabi Executive Council, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Abu Dhabi Government


MIDEAST STOCKS-Gulf stocks gain in early trade | Nasdaq

MIDEAST STOCKS-Gulf stocks gain in early trade | Nasdaq Stock markets in the Gulf rose in early trade on Wednesday, with Abu Dhabi on track to extend gains for a fourth session.Saudi Arabia's benchmark index .TASI rose 0.1%, helped by a 0.6% increase in petrochemical firm Saudi Basic Industries 2010.SE and a 1.3% gain in Saudi British Bank 1060.SE.Dubai's main share index .DFMGI added 0.6%, led by a 1.5% rise in blue-chip developer Emaar Properties EMAR.DU.Financials stocks also drove the gains ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Etisalat, Tasi, Abu Dhabi Executive Council, Rupert Neil Bumfrey, Saudi Basic Industries, QSI, Abu Dhabi Government, Dubai Islamic Bank DISB, Emirates NBD Bank ENBD, Etisalat ETISALAT


MIDEAST STOCKS-Telecom stocks power #UAE gains; #Saudi declines | Nasdaq

MIDEAST STOCKS-Telecom stocks power UAE gains; Saudi declines | Nasdaq Markets in the United Arab Emirates (UAE) finished stronger on Tuesday, powered by the country's telecoms firms, which surged on the prospect non-UAE nationals' shareholdings could rise.The Abu Dhabi benchmark .ADI firmed for a third straight session, ending 3.1% higher, after finishing the previous session up about 4%.The index was boosted by a roughly 15% jump in Emirates Telecommunications (Etisalat) ETISALAT.AD, the only ...
Tags: Travel, Qatar, Dubai, Qatar Investment Authority, Abu Dhabi, Uae, Reuters, United Arab Emirates UAE, Etisalat, Tasi, Meanwhile Saudi Arabia, Rupert Neil Bumfrey, QSI, Masraf Al Rayan, Qatar International Islamic Bank QIIB, Emirates Integrated Telecommunications


MIDEAST STOCKS- #AbuDhabi outperforms as major Gulf markets rise | Nasdaq

MIDEAST STOCKS-Abu Dhabi outperforms as major Gulf markets rise | Nasdaq Major stock markets in the Gulf traded higher on Tuesday, led by indexes in the United Arab Emirates where telecoms firms surged on prospects that non-UAE nationals' shareholdings could rise.In Abu Dhabi, the benchmark .ADI rose 2.1%, boosted by an 11.1% jump in Emirates Telecommunications (Etisalat) ETISALAT.AD.Etisalat saw its biggest percentage gain in 10 months as the company called a board meeting for Wednesday, to dis...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Riyadh, Etisalat, QNB, Tasi, Rupert Neil Bumfrey, Qatar National Bank QNB, Al Rajhi Bank, Emirates Integrated Telecommunications DU DU


MIDEAST STOCKS-Most major Gulf markets fall in early trade; #Qatar up | Nasdaq

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


MIDEAST STOCKS- #UAE markets extend winning run; #Qatar little changed | Nasdaq

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


MIDEAST STOCKS-Major Gulf markets mixed in early trade | Nasdaq

MIDEAST STOCKS-Major Gulf markets mixed in early trade | Nasdaq Major stock markets in the Gulf were mixed in early trade on Tuesday, with financial shares lifting the Dubai index.Saudi Arabia's benchmark index .TASI fell 0.1%, with oil behemoth Saudi Aramco 2222.SE dropping 0.4%, while the country's largest lender National Commercial Bank 1180.SE was down 0.6%.Meanwhile, Credit Suisse CSGN.S said on Monday it had opened a branch in Riyadh to offer wealthy Saudi Arabian clients a greater range o...
Tags: Travel, Saudi Arabia, Qatar, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Riyadh, Tasi, Rupert Neil Bumfrey, QSI, National Commercial Bank, First Abu Dhabi Bank FAB, Dubai Islamic Bank DISB DU, Commercial Bank COMB QA


MIDEAST STOCKS-Major Gulf markets little changed in early trade | Nasdaq

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


MIDEAST STOCKS-Major Gulf stocks gain in early trade as oil prices rise | Nasdaq

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


MIDEAST STOCKS-Gulf stocks rise on higher oil prices as OPEC+ expected to cap output | Nasdaq

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


#Saudi outperforms Middle East markets in 2020 | Reuters

Saudi outperforms Middle East markets in 2020 | Reuters Saudi Arabian shares ended 2020 higher, outperforming other Middle East markets in a pandemic-ravaged year on the back of a recovery in oil prices and strong inflows, while Egyptian equities declined the most in the region.Middle East stocks had fallen between 13% and 36% in the first quarter as the spread of COVID-19 and an oil price war between top producers Saudi Arabia and Russia raised fears of a global recession.However, the markets t...
Tags: Travel, Saudi Arabia, Russia, Middle East, Dubai, Abu Dhabi, Bahrain, Kuwait, Reuters, Saudi Aramco, Ansari, Mathew, Tasi, GCC Gulf Cooperation Council, Rupert Neil Bumfrey, Reuters Saudi Arabian


MIDEAST STOCKS- #UAE markets close lower after country reports cases of new virus variant | Nasdaq

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


MIDEAST STOCKS- #UAE stocks slip after first cases of new virus variant detected | Nasdaq

MIDEAST STOCKS-UAE stocks slip after first cases of new virus variant detected | Nasdaq Stock markets in the United Arab Emirates (UAE) fell in early trade on Wednesday after the country reported confirmed cases of the new variant of the coronavirus.UAE discovered a "limited number" of cases of people infected with the variant, marking the first confirmed cases of the more contagious COVID-19 mutant in the Gulf region.UAE, unlike Saudi Arabia, has not closed its border amid concerns over the mut...
Tags: Travel, Hong Kong, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Uae, Gulf, United Arab Emirates UAE, Tasi, Rupert Neil Bumfrey, CK Hutchison Holdings, Al Rajhi Bank, First Abu Dhabi Bank FAB, Emaar Properties EMAR DU, Ooredoo ORDS QA


MIDEAST STOCKS-Property shares lift #Dubai as most major Gulf stocks gain | Nasdaq

Most major gulf stock markets rose in early trade on Tuesday, spurred by rising oil prices, with Dubai's index outperforming, buoyed by its property shares.Oil rose on Tuesday, for the third time in four sessions, on expectations for rising fuel demand as the United States may expand its pandemic aid payments and a final Brexit deal is set to stabilise trade between Europe and Britain.The Dubai index .DFMGI rose 0.8% as Damac Properties DAMAC.DU jumped 7.5% and Emaar Properties EMAR.DU increased...
Tags: Travel, Hong Kong, Europe, Saudi Arabia, Qatar, Britain, United States, Alibaba, Dubai, Abu Dhabi, Gulf, Tasi, Rupert Neil Bumfrey, Saudi Telecom, CK Hutchison Holdings, Al Rajhi Bank


MIDEAST STOCKS-Major Gulf markets steady; #Qatar extends losses | Nasdaq

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


MIDEAST STOCKS-New COVID-19 strain trips Mideast markets | Nasdaq

MIDEAST STOCKS-New COVID-19 strain trips Mideast markets | Nasdaq Most Middle Eastern stocks ended lower on Monday as a fast-spreading new coronavirus strain in Britain 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 $3, or 5.7%, to $49.26 a barrel by 1028 GMT after rising 1.5% and touching its highest ...
Tags: Travel, Saudi Arabia, Qatar, Britain, Dubai, Pfizer, Abu Dhabi, Spa, Gulf, Reuters, Mideast, Ministry of Public Health, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, QSI


MIDEAST STOCKS-Gulf markets tumble over new strain of coronavirus | Nasdaq

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


MIDEAST STOCKS-Major Gulf markets flat in early trade, #Dubai extends gains | Nasdaq

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


MIDEAST STOCKS-Most Gulf markets rise in early trade; #Dubai stocks ease | Nasdaq

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


MIDEAST STOCKS-Major Gulf markets ease in early trade; #Qatar rises | Nasdaq

MIDEAST STOCKS-Major Gulf markets ease in early trade; Qatar rises | Nasdaq Most major stock markets were subdued in early trade on Tuesday as oil prices weakened, while Qatar's index was supported by financial shares.Saudi Arabia's benchmark index .TASI slipped 0.1%, with Riyad Bank 1010.SE declining 1.2% and Jabal Omar Development 4250.SE dropping 1.8%.Oil prices, a key catalyst for Gulf markets, edged down as tighter lockdowns in Europe and an OPEC forecast for a slower recovery in demand nex...
Tags: Travel, Europe, Saudi Arabia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Adi, Riyad Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, DFMGI, Abu Dhabi Islamic Bank ADIB


MIDEAST STOCKS-Most markets in Gulf firm as financials rise, #Qatar falls | Nasdaq

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


MIDEAST STOCKS-Major Gulf indexes off to mixed start | Nasdaq

MIDEAST STOCKS-Major Gulf indexes off to mixed start | Nasdaq Major Gulf stock markets were mixed in early trade on Thursday with the Abu Dhabi index leading gains boosted by top lender First Abu Dhabi Bank.Saudi Arabia's benchmark index .TASI edged up 0.1%, with petrochemical maker Saudi Basic Industries 2010.SE rising 0.5%.Dubai's main share index .DFMGI eased 0.1%, hurt by a 0.5% fall in Emirates NBD Bank ENBD.DU and a 0.6% decrease in blue-chip developer Emaar Properties EMAR.DU.Emaar, which...
Tags: Travel, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Fitch, Abu Dhabi Media, Emaar, Tasi, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries, QSI, First Abu Dhabi Bank


MIDEAST STOCKS-Major Gulf markets fall as financials dip | Nasdaq

MIDEAST STOCKS-Major Gulf markets fall as financials dip | Nasdaq Major stock markets in the Gulf fell in early trade on Tuesday, hurt by losses in banking shares, with Qatari stocks falling the most.Saudi Arabia's benchmark index .TASI dropped 0.3%, with Al Rajhi Bank 1120.SE losing 0.4% and petrochemical firm Saudi Basic Industries 2010.SE declining 0.8%.Dubai's main share index .DFMGI lost 0.2%, hurt by a 1.4% fall in its largest lender Emirates NBD Bank ENBD.DU, while blue-chip developer Ema...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Doha, Gulf, Reuters, Adi, United Arab Emirates Bahrain, Emaar, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank


MIDEAST STOCKS-Major Gulf markets ease on weaker oil; #Dubai rises | Nasdaq

MIDEAST STOCKS-Major Gulf markets ease on weaker oil; Dubai rises | Nasdaq Major Gulf markets were subdued in early trading on Monday, mirroring weak oil prices, while the Dubai index was on track to extend gains from the previous session.Brent crude oil futures LCOc1 were down 24 cents, or 0.5%, at $49.01 a barrel by 0752 GMT, as a continued surge in coronavirus cases globally forced a series of renewed lockdowns. O/RSaudi Arabia's benchmark index .TASI fell 0.2%, with Al Rajhi Bank 1120.SE los...
Tags: Travel, Washington, Saudi Arabia, Qatar, Iran, Egypt, Dubai, Abu Dhabi, Kuwait, Doha, Gulf, United Arab Emirates Bahrain, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank


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


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


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



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