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Gulf bourses rebound as calm returns after Omicron battering | Reuters

Gulf bourses rebound as calm returns after Omicron battering | Reuters Stock markets in the Gulf rebounded on Monday, mirroring oil prices and global shares as investors waited for more details to assess the severity of the Omicron coronavirus variant on the world economy.European shares and U.S. stock futures firmed, oil prices bounced more than $3 a barrel, while safe-haven bonds lost ground as markets latched on to hopes the new variant of concern would prove to be "mild". read moreSaud...
Tags: Travel, Opec, Middle East, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Stock, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Al Rajhi Bank, Gulf Egypt, Emaar Properties EMAR DU, Abu Dhabi Investment Office


Mideast Stocks: #Dubai snaps four-day winning streak; #Saudi edges up | ZAWYA MENA Edition

Mideast Stocks: Dubai snaps four-day winning streak; Saudi edges up | ZAWYA MENA EditionMost major stock markets in the Gulf ended lower on Wednesday, with the Dubai index snapping four days of gains, although the Saudi bourse bucked the trend to edge higher.Dubai's main share index dropped 0.8%, ending a four-day winning streak, weighed down by a 1.9% fall in blue-chip developer Emaar Properties and a 5.1% slide in Dubai Financial Market (DFM).Investors moved to take their profits after the sha...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Mena, Emaar Properties, Al Arabiya TV, Amlak Finance, Rupert Neil Bumfrey, Industries Qatar, Gulf Egypt, Masraf Al Rayan, Saudi Civil Aviation Authority, Egypt Kuwait Holding, International Holding


#Dubai leads most Gulf bourses lower; #Saudi edges up | Reuters

Most stock markets in the Gulf fell in early trade on Wednesday, with the Dubai index falling the most, although Saudi stocks were on track to end two days of losses.Dubai's main share index (.DFMGI) dropped 0.8%, to end a four-day winning streak, weighed down by a 1.9% decline in blue-chip developer Emaar Properties (EMAR.DU) and a 1.1% decrease in Emirates NBD Bank (ENBD.DU).However, Amlak Finance (AMLK.DU) surged 14.9% — on course to gain for a fifth session.On Sunday, the Islamic finance com...
Tags: Travel, Europe, Saudi Arabia, Israel, Dubai, Abu Dhabi, Mediterranean, Gulf, Reuters, Red Sea, United Arab Emirates UAE, Eilat, Al Arabiya TV, Tasi, Rupert Neil Bumfrey, Industries Qatar


#Dubai hits near 4-year high after Emaar's strong earnings | Reuters

Dubai hits near 4-year high after Emaar's strong earnings | Reuters Dubai's stock market outperformed its Gulf peers on Monday, hitting its highest level in nearly four years, after robust earnings from blue-chip developer Emaar Properties.Meanwhile, the Saudi index was in the red due to lower oil prices.Dubai's main share index (.DFMGI) climbed 2.7%, closing at its highest since February 2018, lifted by a 4.1% jump in Emaar Properties (EMAR.DU) after it reported a sharp rise in quarterly ...
Tags: Travel, Saudi Arabia, Joe Biden, Dubai, Gulf, Reuters, Salik, Emaar, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Industries Qatar, QSI, Reuters Dubai, Al Rajhi Bank, Gulf Egypt


Most Gulf bourses rise in early trade; #Qatar falls | Reuters

Most Gulf bourses rise in early trade; Qatar falls | Reuters Most stock markets in the Gulf rose in early trade on Thursday, with the Dubai index set to register its fifth weekly gain.Dubai's main share index (.DFMGI) gained 0.7%, boosted by a 5.5% jump in budget airliner Air Arabia (AIRA.DU), after it swung to a profit for the third quarter.Blue-chip developer Emaar Properties (EMAR.DU) gained 0.8%, after it said all conditions for merger with its unit Emaar Malls (EMAA.DU) have been met.Shar...
Tags: Travel, Saudi Arabia, Wam, Qatar, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, Department of Economic Development, Emaar Properties, Tasi, Rupert Neil Bumfrey, Industries Qatar, Emaar Malls


#Saudi index leads most Gulf bourses higher | Reuters

Most stock markets in the Gulf ended higher on Wednesday, with the Saudi index rising for fourth session in five, while a blue-chip sell-off weighed on Egypt.Saudi Arabia's benchmark index (.TASI) advanced 0.9%, with Al Rajhi Bank (1120.SE) and Saudi National Bank (1180.SE) gaining 1.4% and 3% respectively.Saudi Arabia sold $3.25 billion in dual-tranche bonds on Tuesday comprising a sukuk tranche and a conventional portion in its third international bond sale of the year, a term sheet viewed...
Tags: Travel, Saudi Arabia, Wam, Bloomberg, Egypt, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Egypt Saudi Arabia, Tasi, Rupert Neil Bumfrey, Industries Qatar


#AbuDhabi hits record as most markets rise; #Qatar bucks trend | Reuters

Abu Dhabi hits record as most markets rise; Qatar bucks trend | Reuters Most stock markets in the Gulf rose in early trade on Monday, with the Abu Dhabi index reaching an all-time high, while Qatar bucked the trend.The Abu Dhabi (.ADI) index advanced 1.2%, hitting a record high, buoyed by a 5% jump in conglomerate International Holding Co (IHC) (IHC.AD).On Thursday, IHC reported a quarterly net profit of 2.87 billion dirhams ($781.42 million), up from 958.9 million dirhams year ago.IHC, whose ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Reuters, Aramco, IHC, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Industries Qatar, QSI, Abudhabi, Al Rajhi Bank


#Dubai bourse extends gains on plans to launch market-maker fund, IPOs | Reuters

Dubai bourse extends gains on plans to launch market-maker fund, IPOs | Reuters Dubai's stock market advanced on Wednesday, a session after the index registered sharp gains following its plans to launch a multi-billion dirham market-maker fund, while the Saudi benchmark retreated amid falling oil prices.Dubai's main share index (.DFMGI) advanced 2.4% to its highest level in more than three years as most stocks were trading in the black, including blue-chip developer Emaar Properties (EMAR.DU) ...
Tags: Travel, Saudi Arabia, Wam, Opec, United States, Dubai, Abu Dhabi, Reuters, Organization of the Petroleum Exporting Countries, Adi, Tasi, Dubai Financial Market DFM, Rupert Neil Bumfrey, Industries Qatar, Reuters Dubai, Dubai Electricity Water Authority


Mideast Stocks: #AbuDhabi falls, #Saudi gains as major Gulf bourses end mixed | ZAWYA MENA Edition

Mideast Stocks: Abu Dhabi falls, Saudi gains as major Gulf bourses end mixed | ZAWYA MENA Edition Abu Dhabi's stock index ended lower on Monday following record highs in the previous session, while Saudi Arabian shares reversed course to close in the green as major Gulf bourses marked a mixed note. The Abu Dhabi index eased 0.2%, with Alpha Dhabi Holding shedding 2.5%, despite a sharp rise in its quarterly earnings. Aldar Properties  lost 1%, a day after the company said it would create j...
Tags: Travel, Saudi Arabia, United States, Dubai, Abu Dhabi, Uae, Gulf, Aramex, Commercial Bank, Tasi, Rupert Neil Bumfrey, Industries Qatar, Al Rajhi, Abudhabi, Aldar Properties, Gulf Egypt


#AbuDhabi outperforms Gulf bourses, at record high | Reuters

Abu Dhabi outperforms Gulf bourses, at record high | Reuters Abu Dhabi's stock market reached an all-time high on Sunday, led by gains in top lender, while the Saudi index pulled back from a 15-year high.In Abu Dhabi, the index ADI> advanced 0.9%, hitting a record high, with the country's largest lender First Abu Dhabi Bank (FAB.AD) rising 2.1%.Emirati banks' assets are expected to grow 8% in 2022, Dubai-based Al Arabiya TV channel cited the head of the United Arab Emirates Banks Federat...
Tags: Travel, Saudi Arabia, Wam, Qatar, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Aramex, Al Arabiya TV, Reuters Abu Dhabi, Tasi, Rupert Neil Bumfrey


MIDEAST STOCKS Most Gulf exchanges track oil prices higher | Reuters

MIDEAST STOCKS Most Gulf exchanges track oil prices higher | Reuters Most stock markets in the Gulf ended higher on Thursday amid rising oil prices, with oil behemoth Saudi Aramco nearing a $2 trillion valuation.Oil prices rose by about 1% after the International Energy Agency said that record natural gas prices would boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supply.Saudi Arabia's benchmark index (.TASI) closed 0.6% higher, with Yanbu Natio...
Tags: Travel, Europe, Saudi Arabia, Opec, Egypt, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Saudi Aramco, International Energy Agency, Adi, Middle East Africa, Tasi, Rupert Neil Bumfrey


MIDEAST STOCKS #Saudi outperforms major Gulf bourses after IMF forecast | Reuters

MIDEAST STOCKS Saudi outperforms major Gulf bourses after IMF forecast | Reuters Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi index outperformed the region after the International Monetary Fund raised its economic growth forecast.Investors are worried about the economic slowdown and inflation, which is proving less temporary and could entail central banks to take action earlier than expected, said Wael Makarem, senior market s...
Tags: Travel, Saudi Arabia, Dubai, International Monetary Fund, Abu Dhabi, Imf, Gulf, Reuters, DP World, Emaar, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Gulf Egypt, Abu Dhabi Securities Exchange ADX


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 delivered a mixed performance early on Tuesday, with the Saudi index outperforming the region as oil prices rose.Saudi Arabia's benchmark index (.TASI) gained 0.4%, with Al Rajhi Bank (1120.SE) gaining 1.3% and Saudi Aramco (2222.SE), the world's largest oil exporter, up 1.2%.Aramco will complete its 1 million barrel per day (bpd) oil output expansion project by 2027 to bring its total production t...
Tags: Travel, Saudi Arabia, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Adi, Reuters Major, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Al Rajhi Bank


MIDEAST STOCKS Banks boost most Gulf shares; #AbuDhabi dips | Reuters

Jumps in financial shares helped most stock markets in the Gulf close higher on Thursday, with indexes heading for a quarterly gain, although the Abu Dhabi benchmark bucked the trend to end lower for the day.The GCC has outperformed on the back of oil price strength. There might be a concerning signal in the last month's weakness in non-commodity sectors in Saudi, said Hasnain Malik of TellimerThe most value and potential for recovery in the region is seen in Dubai, he said.Saudi Arabia's be...
Tags: Travel, Saudi Arabia, Qatar, GCC, Dubai, Abu Dhabi, Gulf, Reuters, Tasi, EFG Hermes, Rupert Neil Bumfrey, Industries Qatar, Abu Dhabi Commercial Bank ADCB, QSI, Abudhabi, Al Rajhi Bank


Mideast Stocks: Most Gulf markets close higher; #Dubai falls | ZAWYA MENA Edition

Mideast Stocks: Most Gulf markets close higher; Dubai falls | ZAWYA MENA Edition Most stock markets in the Gulf ended higher on Thursday, extending gains from the previous session, although the Dubai index bucked the trend to closer lower.Positive sentiment takes hold of the markets after the much-anticipated Federal Reserve meeting this week, said Wael Makarem, senior market strategist Exness. The Fed kept its monetary policy unchanged on Wednesday and hinted that the asset purchase program t...
Tags: Travel, Iraq, Opec, Egypt, United Arab Emirates, Dubai, Federal Reserve, Abu Dhabi, Gulf of Mexico, Uae, Gulf, Fed, Rupert Neil Bumfrey, Industries Qatar, Most Gulf, Gulf Egypt


MIDEAST STOCKS Most Gulf bourses rise as oil prices gain on tight supply | Reuters

MIDEAST STOCKS Most Gulf bourses rise as oil prices gain on tight supply | Reuters Most stock markets in the Gulf rose on Thursday as oil prices gained on growing fuel demand and a bigger-than-expected draw in U.S. crude inventories, although the Abu Dhabi index bucked the trend to trade lower.The oil market was also supported by a return of appetite for risk assets as concerns eased over a potential default by property developer China Evergrande (3333.HK) and its possible fallout on the world...
Tags: Travel, China, Wam, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, DAMAC Properties, Rupert Neil Bumfrey, Industries Qatar, QSI, Reuters Most, China Evergrande, Emaar Properties EMAR


MIDEAST STOCKS Most Gulf bourses claw back; #Saudi extends losses | Reuters

MIDEAST STOCKS Most Gulf bourses claw back; Saudi extends losses | Reuters Most stock markets in the Gulf rebounded on Wednesday, amid rising oil prices and ahead of the outcome of the U.S. Federal Reserve's policy meeting due later in the day.Investors are waiting for the Fed's announcement, during which it will announce its position regarding its monetary policy and how it intends to handle its asset purchasing program, said Wael Makarem, senior market strategist at Exness."Investors r...
Tags: Travel, Saudi Arabia, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Fed, Reuters, U S Federal Reserve, Adi, Rupert Neil Bumfrey, Industries Qatar, Al Rajhi Bank, Gulf Egypt, First Abu Dhabi Bank


Most Gulf bourses claw back in early trade | Reuters

Most Gulf bourses claw back in early trade | Reuters Most stock markets in the Gulf region recovered some of their loses on Wednesday, tracking firmer global equities after China Evergrande said it would be able to pay a coupon on one of its bonds.Evergrande’s main unit said it had settled interest payments due on Thursday on a yuan bond with investors.Oil prices climbed more than $1 extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, EPC, IHC, Evergrande, Saipem, Rupert Neil Bumfrey, Industries Qatar, Saudi Telecom Company STC, Saudi British Bank


MIDEAST STOCKS #AbuDhabi leads major Gulf bourses higher; Egypt falls | Reuters

Major stock markets in the Gulf reversed early losses to close higher on Thursday, with the Abu Dhabi index registering its eighth straight weekly gain.In Abu Dhabi, the index (.ADI) gained 0.8%, buoyed by a 2.5% rise in the country's largest lender First Abu Dhabi Bank (FAB.AD).The United Arab Emirates central bank is studying ways to replace the local interbank rate, Reuters reported citing three sources, as it tries to catch up with global regulators who have called time on such benchmark...
Tags: Travel, Egypt, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Industries Qatar, Al Rajhi Bank, Gulf Egypt, First Abu Dhabi Bank, Emirates NBD Bank ENBD


MIDEAST STOCKS Most Gulf bourses drop in early trade | Reuters

MIDEAST STOCKS Most Gulf bourses drop in early trade | Reuters Most major stock markets in the Gulf were subdued on Sunday, pressured by Friday's fall in oil prices after a weaker than expected U.S. jobs report indicated a patchy economic recovery from the COVID-19 pandemic.Brent crude futures settled fell by 42 cents, or 0.6%, to $72.61 a barrel.In Abu Dhabi, the stock market index (.ADI) dropped 0.5% as telecoms company Etisalat (ETISALAT.AD) fell by 1.9% to remain on track to extend losses ...
Tags: Travel, Pakistan, Abu Dhabi, Gulf, Reuters, Adi, Jinnah, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Emirates NBD Bank ENBD, Etisalat ETISALAT, Air Arabia AIRA DU, Lakson Group


MIDEAST STOCKS Most Gulf bourses follow global shares higher | Reuters

Most stock markets in the Gulf settled higher on Monday, building on gains from the previous session as global shares hovered around record highs on signs the Fed won't rush to wind down its massive stimulus.Gains in world stock markets helped lift investor confidence in the Gulf, said Daniel Takieddine, senior market analyst at FXPrimus.Underpinning positive sentiment in global equity markets was Friday's Jackson Hole speech by U.S. Federal Reserve Chair Jerome Powell in which he said taper...
Tags: Travel, Russia, Opec, Dubai, Abu Dhabi, Gulf, Fed, Reuters, Adi, Jerome Powell, U S Federal Reserve Chair, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Industries Qatar, Gulf Egypt


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 #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 #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 #Saudi index firms as other Gulf markets remain subdued | Reuters

MIDEAST STOCKS Saudi index firms as other Gulf markets remain subdued | Reuters Major Gulf stock markets were little changed in early trade on Sunday, though the Saudi index was up 0.4% to extend gains from the previous four sessions.Saudi Arabia's benchmark index (.TASI) was buoyed by Al Rajhi Bank (1120.SE) advancing by 0.8% while Saudi Telecom Company (7010.SE) was up 0.6%.In a blow for the Saudi economy the kingdom has restricted the annual haj pilgrimage to its own citizens and residents ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Mecca, Abu Dhabi, Uae, Medina, Gulf, Reuters, United Arab Emirates UAE, Saudi Press Agency, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Industries Qatar


MIDEAST STOCKS Most Gulf markets rise as oil rebounds; Egypt bucks trend | Reuters

MIDEAST STOCKS Most Gulf markets rise as oil rebounds; Egypt bucks trend | Reuters Major stock markets in the Gulf ended higher on Thursday, supported by a rebound in oil prices, but the Egyptian index bucked the trend to close lower.Brent crude oil futures LCOc1 were up 18 cents, or 0.25%, at $72.40 a barrel by 1024 GMT, holding just shy of a high not seen since May 2019.Saudi Arabia's benchmark index (.TASI) edged up 0.1%, extending gains for the fourth consecutive session, with Al Rajhi...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Reuters Major, Riyad Bank, Tasi, Rupert Neil Bumfrey, Industries Qatar, EIG Global Energy Partners, QSI


MIDEAST STOCKS Most major markets end higher on oil price gains; #Dubai dips | Reuters

MIDEAST STOCKS Most major markets end higher on oil price gains; Dubai dips | Reuters Most major Gulf stock markets finished higher on Wednesday as oil prices rose, while real estate stocks pressured Dubai to close lower.Brent crude futures were up 32 cents, or 0.3%, at $72.42 a barrel at 0911 GMT, having earlier touched $72.83, the highest since May 20, 2019. Brent rose 1% on Tuesday. read moreSaudi Arabia's benchmark index (.TASI) was up 0.5% with Al Rajhi Bank (1120.SE) gaining 0.8% an...
Tags: Travel, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Industries Qatar, ADCB, Savola Group, Al Rajhi Bank, Gulf Egypt, Abu Dhabi Commercial Bank ADCB ADCB, Commercial International Bank COMI, Emaar Properties EMAR


MIDEAST STOCKS Emaar lifts #Dubai; Egypt declines on banks | Reuters

MIDEAST STOCKS Emaar lifts Dubai; Egypt declines on banks | Reuters Dubai's stock market closed higher on Monday after blue-chip developer Emaar Properties reported strong property sales, while the Egypt index was weighed down by a drop in its biggest lender Commercial International Bank.The main share index in Dubai (.DFMGI) rose 0.7%, boosted by a 1.5% rise in Emaar Properties (EMAR.DU) after the company posted a more than three-fold jump in property sales for the first five months of 202...
Tags: Travel, Saudi Arabia, Russia, Qatar, Egypt, Dubai, Moscow, Abu Dhabi, Reuters, Emaar Properties, QNB, Emaar, Tasi, Rupert Neil Bumfrey, Industries Qatar, Commercial International Bank


MIDEAST STOCKS Most Gulf markets rise in early trade; #Qatar flat | Reuters

MIDEAST STOCKS Most Gulf markets rise in early trade; Qatar flat | Reuters Most stock markets in the Gulf region rose in early trade on Monday, with property and financial shares leading gains, although Qatar traded flat.Saudi Arabia's benchmark index (.TASI) was up 0.1%, with Saudi Telecom Company (7010.SE) rising 1.7% and Al Rajhi Bank (1120.SE) up 0.2%.However, Saudi Aramco (2222.SE) was down 0.1%. The oil giant has hired banks to arrange its inaugural issuance of U.S. dollar-denominated su...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Burj Khalifa, Gulf, Reuters, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Industries Qatar, Al Rajhi Bank, First Abu Dhabi Bank FAB, Abu Dhabi Islamic Bank ADIB


MIDEAST STOCKS Most major Gulf stock markets gain; #Qatar index eases | Reuters

MIDEAST STOCKS Most major Gulf stock markets gain; Qatar index eases | Reuters Most major stock markets in the Gulf rose in early trade on Sunday supported mostly by banking stocks, while Qatar bucked the trend to trade lower.In Dubai, the main share index (.DFMGI) was up 0.6%, boosted by a 1.2% rise in Islamic lender Dubai Islamic Bank (DISB.DU) and a 0.7% increase in its largest bank Emirates NBD (ENBD.DU).Deyaar Development (DEYR.DU) also gained 1% after its board approved a settlement offe...
Tags: Travel, Russia, Qatar, Dubai, Moscow, Abu Dhabi, Gulf, Reuters, QNB, Tasi, Rupert Neil Bumfrey, Industries Qatar, Saudi Telecom, Abu Dhabi Commercial Bank ADCB, Al Rajhi Bank, Dubai Islamic Bank DISB DU