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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


#Saudi index leads way among little-changed Gulf markets | Reuters

Major stock markets in the Gulf were little changed on Sunday, though financial shares bolstered the Saudi index.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 vaccines against the coronavirus.Saudi Arabia’s benchmark index gained 0.5%, led by a 0.3% rise for Al Rajhi Bank and 1.1% increase for Saudi Telecom Company.Dubai’s main index eased 0.1, with Emaar Malls losing 2.2% and...
Tags: Travel, Saudi Arabia, Pfizer, Abu Dhabi, Gulf, Reuters, Rupert Neil Bumfrey, Emaar Malls, Aldar Properties, Al Rajhi Bank, Moderna Inc, Saudi Telecom Company Dubai, Etisalat Qatar


Most markets retreat on lower oil prices, but post weekly gains | Reuters

Most markets retreat on lower oil prices, but post weekly gains | Reuters Major Gulf markets ended down on Thursday weighed by lower oil prices, but eked out gains for the week on optimism over a COVID-19 vaccine and hopes of a speedy global economic recovery.Over the past two weeks, financial markets globally were spurred by two U.S. drugmakers, Pfizer PFE.N and Moderna Inc MRNA.O, releasing encouraging news on the effectiveness of their vaccines against the coronavirus infection.The euphoria f...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Bahrain, Kuwait, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Al Rajhi Bank, First Abu Dhabi Bank, DFMGI, Qatar National Bank QNBK


#Saudi, #Dubai shares gain; #AbuDhabi declines | Reuters

Saudi, Dubai shares gain; Abu Dhabi declines | Reuters Saudi shares reversed course to end sharply higher on Wednesday as further positive news on COVID-19 vaccine development cheered investors, while the Abu Dhabi market posted losses on a day when most major Gulf markets logged gains.U.S. drugmaker Pfizer Inc PFE.N said final results from the late-stage trial of its COVID-19 vaccine showed it was 95% effective, adding it had the required two months of safety data and would apply for emergency ...
Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Pfizer, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Abudhabi, National Commercial Bank, Al Rajhi Bank, Saudi Dubai, Pfizer Inc PFE N


Most Gulf markets decline; #Dubai gains | Reuters

Most Gulf markets decline; Dubai gains | Reuters Most major Gulf shares struggled for momentum on Wednesday as euphoria in the markets over positive news on COVID-19 vaccine development fizzled out after a string of gaining sessions, while Dubai bucked the trend in morning trade.Two U.S. drugmakers - Pfizer Inc PFE.N and Moderna Inc MRNA.O - within a gap of a week came out with encouraging news on the effectiveness of the vaccine against the pandemic, boosting hopes of a faster-than-expected glo...
Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Emaar, Tasi, Rupert Neil Bumfrey, Samba Financial Group, Al Rajhi Bank, First Abu Dhabi Bank, Pfizer Inc PFE N, Abu Dhabi Islamic Bank ADIB


Gulf markets ride on vaccine optimism | Reuters

Gulf markets ride on vaccine optimism | Reuters Most major Gulf markets ended higher for a third consecutive session on Tuesday as further positive news on COVID-19 vaccine development lifted optimism about a sooner-than-expected global economic recovery.Investor sentiment got a major fillip for a second time in as many weeks when Moderna Inc MRNA.O on Monday became the second U.S. drugmaker after Pfizer PFE.N to announce promising trial data in the development of a vaccine against the pandemic....
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emaar, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Samba Financial Group, Al Rajhi Bank


MIDEAST STOCKS- #Dubai leads wide gains on vaccine optimism | Nasdaq

Major Gulf markets gained in early trade on Tuesday, in line with wider Asia shares, as further positive news on COVID-19 vaccine development kept the momentum going, lifting optimism about a sooner-than-expected global economic recovery.Investor sentiment got a major fillip for a second time in as many weeks when Moderna Inc MRNA.O on Monday became the second U.S. drugmaker after Pfizer PFE.N to announce promising trial data in the development of a vaccine against the pandemic.Markets in the Gu...
Tags: Travel, Asia, Saudi Arabia, Russia, Opec, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Commercial Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, Savola Group, Al Rajhi Bank


MIDEAST STOCKS- #AbuDhabi leads most Gulf markets higher | Nasdaq

Most Gulf markets rose on Monday, with Abu Dhabi leading the gains, buoyed by signs of economic recovery and additional positive data about a COVID-19 vaccine.Pharma company Moderna MRNA.O said on Monday its experimental vaccine was 94.5% effective in preventing the virus, which has ravaged economies across the globe.Saudi Arabia's benchmark index .TASI rose 0.3%, with Al Rajhi Bank 1120.SE rising 1% and Dr Sulaiman Al-Habib Medical Services 4013.SE advancing 2.6%.However, the index's gains were...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, SEC, Abu Dhabi, Uae, Gulf, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Emaar Properties EMAR DU, Emirates NBD Bank ENBD, Emirates Telecommunications ETISALAT


MIDEAST STOCKS-Saudi extends gains as oil rises on vaccine cheer; Dubai, Qatar struggle | Nasdaq

MIDEAST STOCKS-Saudi extends gains as oil rises on vaccine cheer; Dubai, Qatar struggle | Nasdaq Saudi shares on Wednesday traded higher as crude prices gained on hopes of an effective COVID-19 vaccine, while Dubai and Qatar markets lost steam after two consecutive sessions of solid gains.Oil prices climbed more than 1%, after an industry report showed U.S. crude inventories dropped more than expected, while vaccine hopes continued to bolster sentiment. O/RCrude stockpiles fell by 5.1 million ba...
Tags: Travel, Qatar, Middle East, Dubai, Abu Dhabi, Kuwait, Reuters, Adi, Emaar, Tasi, Rupert Neil Bumfrey, Emaar Malls, Dubai Qatar, Al Rajhi Bank, First Abu Dhabi Bank, Abu Dhabi Islamic Bank ADIB


MIDEAST STOCKS-Gulf markets rally on vaccine optimism, oil price rise | Nasdaq

MIDEAST STOCKS-Gulf markets rally on vaccine optimism, oil price rise | Nasdaq Major Gulf markets extended gains to end higher for a second straight session on Tuesday, as the progress in the development of a coronavirus vaccine boosted hopes of a global economic recovery.Pfizer Inc PFE.N on Monday said its COVID-19 vaccine, developed with German partner BioNTech SE BNTX.O, was more than 90% effective in preventing infection.The Gulf region also benefited from a rise in oil prices on the back of...
Tags: Travel, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Tasi, Rupert Neil Bumfrey, Emaar Malls, Abu Dhabi Commercial Bank ADCB, Al Rajhi Bank, First Abu Dhabi Bank, Pfizer Inc PFE N, Emaar Properties EMAR DU, Emaar Malls EMAA, Qatar Fuel Co QFLS


MIDEAST STOCKS-Most Gulf markets climb on vaccine hopes, #Dubai gains most | Nasdaq

MIDEAST STOCKS-Most Gulf markets climb on vaccine hopes, Dubai gains most | Nasdaq Most stock markets in the Gulf traded higher early on Tuesday, on track to extend gains from the previous session after news of progress in the development of a COVID-19 vaccine boosted global risk appetite.Drugmaker Pfizer Inc PFE.N said its COVID-19 vaccine, developed with German partner BioNTech SE BNTX.O, was more than 90% effective in preventing infection, marking the first successful results from a large-sca...
Tags: Travel, Saudi Arabia, Qatar, Joe Biden, United Arab Emirates, Dubai, Abu Dhabi, Kuwait, Gulf, MSCI, Pfizer Inc, Emaar, Tasi, Rupert Neil Bumfrey, National Commercial Bank, Al Rajhi Bank


Mideast Stocks: #Saudi index sees biggest daily rise in over six months | ZAWYA MENA Edition

Mideast Stocks: Saudi index sees biggest daily rise in over six months | ZAWYA MENA Edition Most stock markets in the Middle East ended higher on Monday, mirroring a buoyant day in oil prices and global stocks, with the Saudi index leading the gains.Brent crude rose $3.33, or 8.4%, to $42.78 a barrel by 1216 GMT, after Pfizer said its COVID-19 vaccine was very effective and Saudi Arabia said an OPEC+ deal on output cuts could be adjusted to offset rising supply and weak demand. Pfizer Inc said o...
Tags: Travel, Saudi Arabia, Opec, Qatar, Middle East, United Arab Emirates, Dubai, Pfizer, Kuwait, Mideast, Pfizer Inc, Emaar Properties, Kuwait Finance House, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries


MIDEAST STOCKS- #Kuwait bourse gains in early trade, other Gulf markets firm | Nasdaq

MIDEAST STOCKS-Kuwait bourse gains in early trade, other Gulf markets firm | Nasdaq Kuwait's stock market registered moderate gains early on Monday as investors awaited results from global index provider MSCI's semi-annual review due on Tuesday, while gains in financial and petrochemical shares boosted the Saudi index.In Kuwait, the index .BKP added 0.6%, on track to extend gains for a third straight session, with Kuwait Finance House KFH.KW rising 0.8% and telecoms firm Zain Kuwait ZAIN.KW up 1...
Tags: Travel, Qatar, Abu Dhabi, Kuwait, Gulf, MSCI, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, First Abu Dhabi Bank, Emaar Properties EMAR DU, Dubai Islamic Bank DISB, BKP, Industries Qatar IQCD, Nasdaq Kuwait


Mideast Stocks-Major Gulf markets mixed in early trade | ZAWYA MENA Edition

Mideast Stocks-Major Gulf markets mixed in early trade | ZAWYA MENA Edition Major share markets in the Gulf were mixed on Sunday as stocks did not react significantly to Joe Biden's victory in the U.S. presidential election, though gains in petrochemical shares lifted the Saudi bourse.The kingdom's benchmark index rose 0.6%, with petrochemical maker Saudi Basic Industries gaining 2.7%, while Al Rajhi Bank was up 1%.While Trump had cozy relationships with what critics say are increasingly authori...
Tags: Travel, Turkey, Joe Biden, Dubai, Biden, Abu Dhabi, Gulf, Trump, Emirates NBD, Saudi Arabia Egypt, Qatar National Bank, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, First Abu Dhabi Bank, Mideast Stocks Major Gulf


Most major Gulf markets firm up a day after retreat | Reuters

Most major Gulf markets firm up a day after retreat | Reuters Most major Gulf markets ended higher on Monday, a day after a retreat in the region, with the Saudi index climbing following three sessions of losses, although Qatar traded flat.Saudi Arabia's benchmark index .TASI advanced 2%, boosted by a 2.6% jump in Al Rajhi Bank 1120.SE and a 1.8% increase in oil giant Saudi Aramco 2222.SE, ahead of its earnings announcement on Tuesday.Elsewhere, Al Etihad Cooperative Insurance 8170.SE climbed 10...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Commercial Bank, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Emirates NBD Bank ENBD, Aldar Properties ALDAR, Al Etihad Cooperative Insurance


Mideast Stocks- #Dubai leads major Gulf markets lower in early trade | ZAWYA MENA Edition

Stock markets in the United Arab Emirates fell early on Sunday, with Dubai hardest hit by losses in property shares, while the Saudi index was on track to extend losses for a third session.Dubai's main share index retreated 1.6%, as most of the stocks in the index were in negative territory including blue-chip developer Emaar Properties, which fell 2.6%.The six-member Gulf Cooperation Council faces a steep economic contraction this year before partially rebounding in 2021, with most countries fa...
Tags: Travel, Saudi Arabia, United Arab Emirates, Dubai, Gulf, Reuters, Gulf Cooperation Council, Emaar Properties, Rupert Neil Bumfrey, Al Rajhi Bank, Mideast Stocks Dubai, Al Habib Medical Services


MIDEAST STOCKS-Property shares buoy #UAE bourses; Egypt snaps losing streak | Nasdaq

Major Gulf markets ended higher on Tuesday, with gains in real estate shares boosting indexes in the United Arab Emirates, while Egypt snapped eight sessions of losses.The Abu Dhabi index .ADI closed up 1.3%, boosted by a 11.8% surge in Aldar Properties ALDAR.AD which saw its biggest intraday gain in nearly six years on Monday after announcing it will take over the management and development of government capital projects worth 30 billion dirhams ($8.17 billion) under an agreement with state-bac...
Tags: Travel, Saudi Arabia, Qatar, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Commercial Bank, Emaar, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, Masraf Al Rayan


#Saudi Index Drops Most Since May in Final-Hour Slump: Inside EM - Bloomberg

Saudi Index Drops Most Since May in Final-Hour Slump: Inside EM - Bloomberg Saudi Arabia’s Tadawul All Share Index fell the most in five months amid renewed concern about measures to contain the spread of coronavirus.The benchmark index retreated 4.1% to 8,154.59, the lowest level in more than seven weeks. The decline, which led losses among major benchmarks in the Middle East on Sunday, accelerated in the final hour of trading in Riyadh.Large caps Saudi Basic Industries Corp., the chemical mak...
Tags: Travel, Saudi Arabia, Bloomberg, Middle East, Riyadh, Saudi Aramco, SABIC, Saudi Basic Industries Corp, Jabal Omar Development Co, Rupert Neil Bumfrey, Al Rajhi Bank, Bloomberg Saudi Arabia, Ekhbariya TV, Clariant AG Saudi Arabia, Mohammed Al Shemimry, Mohammed Ashemimry Financial Consultants


#Saudi's Al Rajhi Bank reports 3% drop in third-quarter profit, impairments up | Reuters

Saudi's Al Rajhi Bank reports 3% drop in third-quarter profit, impairments up | ReutersAl Rajhi Bank 1120.SE, Saudi Arabia's second-largest lender by assets, reported a 3% drop in third-quarter net profit on Sunday, but beat analysts' forecasts.The bank made 2.66 billion riyals ($709.28 million) in the three months to Sept. 30, down from 2.74 billion riyals in the same period a year earlier, it said in a bourse statement.Analysts had forecast a net profit of 2.39 billion riyals, according to Ref...
Tags: Travel, Saudi Arabia, Reuters, Rupert Neil Bumfrey, Al Rajhi, Al Rajhi Bank, ReutersAl Rajhi Bank


MIDEAST STOCKS-Most major Gulf markets fall; #Qatar rises | Nasdaq

MIDEAST STOCKS-Most major Gulf markets fall; Qatar rises | Nasdaq: Most major stock markets in the Gulf fell on Tuesday, with the Dubai index hit by losses in top lender Emirates NBD, while Qatar bucked the trend.Saudi Arabia's benchmark index .TASI dropped 0.7%, with oil behemoth Saudi Aramco 2222.SE declining 1% and Al Rajhi Bank 1120.SE losing 0.3%.Saudi Aramco and petrochemical firm Saudi Basic Industries 2010.SE have decided to re-evaluate their $20 billion crude-oil-to-chemicals project an...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Saudi Aramco, Emirates NBD, Adi, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Abu Dhabi Commercial Bank ADCB, Al Rajhi Bank, Qatar Gas Transport Company


Most Gulf Markets little changed in quiet early trade

  Most Gulf Markets little changed in quiet early trade Most major stock markets in the Gulf were little changed in early trade on Sunday.Saudi Arabia's benchmark index .TASI gained 0.4%, led by a 0.8% rise in Al Rajhi Bank 1120.SE a 1.3% increase in petrochemical maker Saudi Basic Industries 2010.SE.Dubai's main share index .DFMGI edged up 0.2%, with Emirates NBD Bank ENBD.DU rising 1%.The Abu Dhabi index .ADI eased 0.1%, hurt by a 1.2% fall in Abu Dhabi Commercial Bank ADCB.AD and a 0.2% dec...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Adi, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, Al Rajhi Bank, First Abu Dhabi Bank, Qatar Islamic Bank QISB QA


#Saudi outperforms Gulf markets, while #UAE shares were subdued | Reuters

Saudi outperforms Gulf markets, while UAE shares were subdued | Reuters:Saudi Arabia’s stock market ended higher on Tuesday, boosted by gains in the banking sector, while shares in the United Arab Emirates were subdued amid a spike in new coronavirus cases.Saudi Arabia's benchmark index .TASI advanced 1.4%, with Al Rajhi Bank 1120.SE rising 1.7% and Savola Group 2050.SE jumping 4.9%.The kingdom’s non-oil private sector returned to growth in September for the first time in seven months, a survey ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, QNB, Tasi, Rupert Neil Bumfrey, Industries Qatar, Abu Dhabi Commercial Bank ADCB, Savola Group


MIDEAST STOCKS-Major Gulf bourses gain as financials lead | Nasdaq

MIDEAST STOCKS-Major Gulf bourses gain as financials lead | Nasdaq:Major Gulf stock markets edged higher in early trade on Tuesday, helped by financial shares, with Dubai on track to end three sessions of losses.Saudi Arabia's benchmark index .TASI increased 0.6%, with Al Rajhi Bank 1120.SE rising 0.9% and telecoms firm Etihad Etisalat 7020.SE jumping 5.1%.Dubai's main share index .DFMGI gained 0.6%, led by a 1.2% rise in sharia-compliant lender Dubai Islamic Bank DISB.DU and a 1% increase in Em...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Commercial Bank, Tasi, Etihad Etisalat, Rupert Neil Bumfrey, Industries Qatar, QSI, Al Rajhi Bank, First Abu Dhabi Bank


#Saudi outperforms in weak Gulf, while property shares weigh on #Dubai | Reuters

:Most major Middle Eastern markets ended lower on Monday with losses in real estate shares weighing on the Dubai index, while the Saudi market bucked the trend to close higher.The benchmark index .TASI in Saudi Arabia rose 1%, with oil giant Saudi Aramco 2222.SE gaining 2.1% and Al Rajhi Bank 1120.SE rising 1.1%.The kingdom shipped 6.1 million barrels per day of crude oil in September, slightly above August levels, and kept output steady at 8.974 million bpd last month, Reuters reported on Monda...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, DFMGI, Emaar Properties EMAR DU, Qatar Islamic Bank QISB


#Kuwait market rebounds on reopening after Emir's death | Reuters

Kuwait market rebounds on reopening after Emir's death | Reuters:Kuwait’s stock market rebounded on Sunday, with financial shares leading broad-based gains as it reopened after a two session break following the death of the country’s Emir, while most Gulf markets retreated in response to Friday’s oil price slide.Kuwait’s 91-year old Emir Sheikh Sabah al-Ahmad al-Sabah died on Tuesday, plunging his country into mourning. Kuwait's benchmark premier index .BKP jumped 3.1%, its biggest intraday gain...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Brent, Abu Dhabi, Donald Trump, Kuwait, Gulf, Reuters, Saudi Aramco, Qatar National Bank, Emir, Sabah Al Ahmad Al Sabah, Tasi, Rupert Neil Bumfrey


Mideast Stocks - Kuwaiti market rebounds on reopening after Emir's death | ZAWYA MENA Edition

Mideast Stocks - Kuwaiti market rebounds on reopening after Emir's death | ZAWYA MENA Edition:Broad-based gains pushed Kuwaiti shares higher on Sunday as the bourse reopened after a two-session break following the death of its Emir, with other indexes subdued in early trade.Kuwait's 91-year old Emir Sheikh Sabah al-Ahmad al-Sabah died on Tuesday, plunging his country into mourning. The Kuwaiti index jumped 2.7% as all but one of its constituents rebounded from Tuesday's losses, with heavyweight ...
Tags: Travel, Qatar, Dubai, Abu Dhabi, Kuwait, Saudi Aramco, Commercial Bank, Emir, Sabah Al Ahmad Al Sabah, Emaar, Kuwait Finance House, Rupert Neil Bumfrey, Dubai Islamic Bank, Al Rajhi Bank, First Abu Dhabi Bank, NBK


MIDEAST STOCKS-Dubai leads major Gulf markets up as financials rise | Nasdaq

:Major stock markets in the Gulf rose in early trade on Wednesday, with financial shares boosting the Dubai index.Saudi Arabia's benchmark index .TASI edged up 0.2%, supported by a 0.8% gain in Jabal Omar Development 4250.SE and 0.2% increase in Al Rajhi Bank 1120.SE.However, the index's gains were capped by losses at oil behemoth Saudi Aramco 2222.SE, which declined 0.8%.Rosneft and Saudi Aramco are unlikely to bid in the privatisation of Indian refiner Bharat Petroleum Corp BPCL.NS, Reuters re...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Kuwait, Rosneft, Gulf, Saudi Aramco, Sabah Al Ahmad Al Sabah, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Emirates NBD Bank ENBD, Emirates Telecommunications ETISALAT


MIDEAST STOCKS- #Kuwait leads most of Gulf lower as financials drag | Nasdaq

:Most bourses in the Gulf ended lower on Tuesday, hurt by their financial shares, with Kuwait hardest hit as investors shunned stocks across the board.In Kuwait, the index .BKP retreated 2.2%, its biggest intraday fall since April, dragged down by a 2.4% drop in Kuwait Finance House KFH.KW.Saudi Arabia's benchmark index .TASI lost 0.6%, with oil giant Saudi Aramco 2222.SE falling 1% and Al Rajhi Bank 1120.SE dropping 0.6%.But, Mobile Telecommunications Company Saudi Arabia (Zain KSA) 7030.SE jum...
Tags: Travel, Qatar, Morocco, United Arab Emirates, Dubai, Abu Dhabi, Kuwait, Gulf, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, First Abu Dhabi Bank, Emaar Properties EMAR, Emirates NBD Bank ENBD, BKP


Mideast Stocks - Major Gulf markets gain in early trade | ZAWYA MENA Edition

Mideast Stocks - Major Gulf markets gain in early trade | ZAWYA MENA Edition:Major stock markets in the Gulf rose in early trade on Sunday, with financial shares bolstering the Saudi index.The kingdom's benchmark index gained 0.3%, with Samba Financial Group rising 0.9%, while Al Rajhi Bank was up 0.2%.Elsewhere, Najran Cement jumped 6.7%, extending gains from the previous session when the cement producer proposed first-half dividend of 0.75 riyal per share. Dubai's main share index added 0.3%, ...
Tags: Travel, Dubai, Abu Dhabi, Reuters, Schlumberger, AlixPartners, Rupert Neil Bumfrey, Emaar Malls, Samba Financial Group, Al Rajhi Bank, Qatar Navigation, Qatar Insurance, Mideast Stocks Major Gulf, Elsewhere Najran Cement, Emaar Properties Arabtec Holding, First Abu Dhabi Bank In Qatar


Major Gulf indexes end mixed; Egypt snaps losing streak | Reuters

Major Gulf indexes end mixed; Egypt snaps losing streak | Reuters:Major Gulf markets ended mixed on Tuesday, with financial shares weighing on the Saudi index, while property shares boosted Qatar’s benchmark.Saudi Arabia's benchmark index .TASI fell 0.6%, with Al Rajhi Bank 1120.SE losing 1% and oil giant Saudi Aramco 2222.SE down 0.8%.Dubai's main share index .DFMGI slipped 0.3%, hurt by a 2.3% fall in Emirates NBD Bank ENBD.DU and a 0.4% drop in Mashreq Bank MASB.DU.The Abu Dhabi index .ADI ed...
Tags: Travel, Saudi Arabia, Qatar, Egypt, United Arab Emirates, Dubai, FIFA World Cup, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, Al Rajhi Bank, First Abu Dhabi Bank, DFMGI