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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


Major Gulf markets slip, but #Dubai set for another weekly gain | Reuters

Major Gulf markets slip, but Dubai set for another weekly gain | Reuters Most major Gulf stock markets opened lower on Thursday, although the Dubai index was still set for its fourth weekly gain after recent gains in property shares and financial stocks.Dubai’s main share index fell 0.4%, with sharia-compliant lender Dubai Islamic Bank off 1%, while blue-chip developer Emaar Properties dropped 0.7%.House prices in Dubai are expected to rise for the first time in six years in 2021, supported by...
Tags: Travel, Saudi Arabia, Qatar, House, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emaar Properties, Qatar National Bank, ADNOC, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Al Rajhi Bank


#Dubai outperforms subdued Gulf markets | Reuters

Dubai outperforms subdued Gulf markets | Reuters Dubai’s stock index was buoyed by gains in property shares in early trade on Thursday, while most other equity markets in the Gulf were subdued in the absence of fresh factors to trade on.Dubai house prices will rise for the first time in six years this year, supported by a swift vaccine rollout that has lifted hopes for an overall economic recovery, according to a Reuters poll of property analysts.In Dubai, the main share index gained 1.2%, wit...
Tags: Travel, Saudi Arabia, Wam, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Emaar Properties, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries, Dubai Islamic Bank, Emaar Malls


MIDEAST STOCKS Property shares buoy #Dubai; major Gulf markets dip | Reuters

Most major stock markets in the Gulf eased in early trade on Wednesday, but the Dubai index was on course to extend gains from the previous session following an upbeat assessment of its property shares by Morgan Stanley.Dubai's main share index (.DFMGI) gained 0.4%, with blue-chip developer Emaar Properties (EMAR.DU) rising 2.1%, while its shopping centre unit Emaar Malls (EMAA.DU) advanced over 5%.The emirate's property prices are rising for the first time in six years, Morgan Stanley (MS.N) sa...
Tags: Travel, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Gulf Arab, Tasi, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries, Morgan Stanley MS N, Al Rajhi Bank, Emaar Properties EMAR, Emaar Malls EMAA


Mideast Stocks: Major Gulf markets gain as financials rise; #Qatar falls | ZAWYA MENA Edition

Mideast Stocks: Major Gulf markets gain as financials rise; Qatar falls | ZAWYA MENA Edition Most major stock markets in the Gulf ended higher on Monday as financial shares rose, while the Qatari index was hit by profit-taking.Saudi Arabia's benchmark index added 0.7%, with Al Rajhi Bank rising 1.9%.The kingdom plans to reopen to foreign tourists soon, a senior tourism official said on Monday. It recently announced the lifting of quarantine restrictions for certain foreign arrivals. Saudi Arab...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Fis, Gulf, Emirates NBD, MSCI, Amlak Finance, Rupert Neil Bumfrey, Industries Qatar, Abu Dhabi Islamic Bank, Al Rajhi Bank, First Abu Dhabi Bank, Morgan Cazenove


MIDEAST STOCKS Major Gulf markets trade mixed ahead of Eid holidays | Reuters

MIDEAST STOCKS Major Gulf markets trade mixed ahead of Eid holidays | Reuters Major stock markets in the Gulf were mixed early on Monday in thin trade ahead of Eid al-Fitr holidays, with the Saudi index supported by financial shares.Saudi Arabia's benchmark index (.TASI) edged up 0.2%, a day after trading flat. Saudi Telecom Company (7010.SE) rose 0.5%, while Saudi National Bank (1180.SE), the kingdom's largest lender, was up 0.3%.Among others, Bank AlJazira (1020.SE) added 0.8%, as the lender...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Bank, Gulf, Reuters, Reuters Major, Tasi, Air Arabia, Saudi Telecom Company, Rupert Neil Bumfrey, Industries Qatar, QSI, First Abu Dhabi Bank


MIDEAST STOCKS #AbuDhabi leads most major Gulf markets higher in early trade | Reuters

Most major Gulf stock markets rose in early trade on Sunday, with aquaculture firm International Holding continuing to support the Abu Dhabi index.The index (.ADI) increased 0.7%, with First Abu Dhabi Bank (FAB.AD), the country's largest lender, rising 0.7%, whereas International Holding (IHC.AD) climbed over 1%, on track to extend gains for a fourth consecutive session.International Holding posted 1.5 billion dirhams ($408.4 million) of profit in the first quarter compared with 112.2 million di...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Etisalat, Jabal Omar, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, First Abu Dhabi Bank, Etisalat ETISALAT, International Holding


MIDEAST STOCKS Most major Gulf stocks gain in early trade, earnings support #AbuDhabi | Reuters

MIDEAST STOCKS Most major Gulf stocks gain in early trade, earnings support Abu Dhabi | Reuters Most major Gulf stock markets were slightly up in early trade on Monday, with Abu Dhabi gaining on corporate earnings, while Saudi Arabia was supported by project expansion announcements from Dr. Sulaiman Al-Habib Medical Services Group (4013.SE) and consumer food and beverages firm Almarai (2280.SE).Abu Dhabi's benchmark index (.ADI) was up 0.2% as Emirates Telecommunications Group (ETISALAT.AD) ad...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Emaar Properties, Tasi, Rupert Neil Bumfrey, Industries Qatar, Abudhabi, Al Rajhi Bank, Abu Dhabi Islamic Bank ADIB, Emirates Telecommunications Group Etisalat, Sulaiman Al Habib, Dubai Islamic Bank DISB DU


Mideast Stocks: Major Gulf markets end mixed; #Dubai index outshines | ZAWYA MENA Edition

Mideast Stocks: Major Gulf markets end mixed; Dubai index outshines | ZAWYA MENA Edition Stock markets in the Gulf ended mixed on Sunday, with property shares driving the Dubai index higher while the Saudi bourse was hit by declines in financials.Saudi Arabia's benchmark index dropped 0.5%, with Saudi National Bank 1180.SE , the kingdom's largest lender, losing 2.1%, while Riyad Bank retreated 2.8% after it reported a fall in quarterly earnings. On Wednesday, the Saudi index gained sharply aft...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Mohammed bin Salman, Riyad Bank, Emaar Properties, Etisalat, Rupert Neil Bumfrey, Industries Qatar, Emaar Malls, Dubai Investments, First Abu Dhabi Bank


MIDEAST STOCKS Ex-dividend stocks hit #Dubai as Gulf markets mixed | Reuters

MIDEAST STOCKS Ex-dividend stocks hit Dubai as Gulf markets mixed | ReutersShare markets in the Gulf were mixed on Tuesday, with the Dubai index hit by stocks trading ex-dividend.Dubai's main share index (.DFMGI) fell 0.7%, weighed down by a 3.1% drop in blue-chip developer Emaar Properties (EMAR.DU) and a 3.7% decline in Dubai Investments (DINV.DU) as both traded ex-dividend.However, Emirates NBD (ENBD) (ENBD.DU) rose 0.4%, on track to extend gains from the previous session.ENBD, Dubai's bigges...
Tags: Travel, Turkey, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Emaar Properties EMAR DU, Denizbank, Joint Organisations Data Initiative JODI, International Holding IHC


Most major Gulf markets fall; #AbuDhabi gains | Reuters

Most major Gulf markets fall; Abu Dhabi gains | ReutersMost major stock markets in the Gulf ended lower on Monday, with the Saudi index pressured by its financial shares, while Abu Dhabi bucked the trend.Saudi Arabia’s benchmark index slipped 0.3%, hit by a 1.5% fall in Al Rajhi Bank and a 2.2% decrease in Saudi National Bank, the kingdom’s largest lender.Yemen’s Iran-aligned Houthi movement said on Monday it had fired 17 drones and two ballistic missiles at targets in Saudi Arabia, including Sa...
Tags: Travel, Saudi Arabia, Qatar, Iran, Dubai, Abu Dhabi, Yemen, Jeddah, Gulf, Reuters, Emaar Properties, Commercial Bank, QNB, Emaar, Rupert Neil Bumfrey, Industries Qatar


Major Gulf markets end mixed; financials weigh on #Saudi | Reuters

Major Gulf markets end mixed; financials weigh on Saudi | ReutersMajor stock markets in the Gulf ended mixed on Sunday, with the Saudi index pressured by financial shares amid falling oil prices, while Dubai was supported by property stocks.Oil prices settled lower on Friday and lost around 2% on the week as production increases and renewed COVID-19 lockdowns in some countries offset optimism about a recovery in fuel demand. [O/R]Moves in oil prices are a key catalyst for the Gulf region’s finan...
Tags: Travel, Saudi Arabia, Middle East, Dubai, Abu Dhabi, Gulf, Reuters, Al Arabiya, Emaar Properties, Etisalat, QNB, Emaar, Rupert Neil Bumfrey, Industries Qatar, Mohamed Alabbar, Qatar National Bank QNB


Most major Gulf markets gain; #Saudi index dips | Reuters

Most major Gulf markets gain; Saudi index dips | ReutersMost major stock markets ended higher on Thursday, while the Saudi index eased a day after it registered sharp gains triggered after the kingdom announced a private investment push.Saudi Arabia’s crown prince said oil firm Aramco and petrochemical firm SABIC would lead 5 trillion riyals ($1.33 trillion) of investments by the local private sector by 2030 under a programme announced on Tuesday for economic diversification.The kingdom’s benchm...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Saudi Aramco, SABIC, Gulf Arab, Emaar Properties, Etisalat, NCB, Rupert Neil Bumfrey, Industries Qatar


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

Mideast Stocks: Major Gulf markets gain in early trade | ZAWYA MENA EditionMost major stocks in the Gulf gained in early trade on Sunday, as hopes for a global economic recovery overshadowed the continued blockage of one of the world's most vital shipping lanes by a giant container ship.Oil prices, a key catalyst for the Gulf region's financial shares, rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted for weeks as workers try to dislodge the ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Doha, Gulf, Emirates NBD, Rupert Neil Bumfrey, Industries Qatar, Saudi Basic Industries, National Commercial Bank, S P Global, Major Gulf, ZAWYA MENA, COVID


Major Gulf markets little changed in early trade | Reuters

Major Gulf markets little changed in early trade | ReutersMajor stock markets in the Gulf were little changed early on Monday as the absence of fresh catalysts kept investors on the sidelines, with financial shares supporting the Saudi index.Saudi Arabia’s benchmark index edged up 0.1%, helped by a 0.6% increase in Al Rajhi Bank after investment bank EFG Hermes raised its price target to 89 riyals ($23.73) from 73 riyals.“We underestimated Rajhi’s success in gaining ground in mortgages and the r...
Tags: Travel, Saudi Arabia, Kingdom, Qatar, Dubai, Yemen, Gulf, Reuters, Aramco, Saudi Aramco, Emirates NBD, EFG Hermes, Rupert Neil Bumfrey, Industries Qatar, Al Rajhi Bank, Major Gulf


Mideast Stocks: Financials lift #Saudi shares; blue-chip selloff dents Egypt | ZAWYA MENA Edition

Major stock markets in the Gulf reversed course to end higher on Monday, with Saudi Arabian equities leading gains on the back of financial shares, while a blue-chip selloff tripped the Egyptian bourse.Saudi Arabia's benchmark index rose 0.5%, with Al Rajhi Bank increasing 2.1%, after investment bank EFG Hermes raised its raised target price to 89 riyals ($23.73) from 73 riyals earlier."We underestimated Rajhi's success in gaining ground in mortgages and the robust mortgage growth in the Kingdom...
Tags: Travel, Saudi Arabia, Kingdom, Qatar, Egypt, Dubai, Hermès, Abu Dhabi, Gulf, Saudi Aramco, Emirates NBD, Emaar Properties, Etisalat, EFG Hermes, Rupert Neil Bumfrey, Industries Qatar


Middle East stocks: Most major Gulf markets rise; #Dubai dips | Reuters

Middle East stocks: Most major Gulf markets rise; Dubai dips | ReutersMost major Gulf stock markets traded higher early on Tuesday, supported by their financial shares, while Dubai’s blue-chip developer Emaar Properties weighed on the index.Saudi’s benchmark index rose 0.2%, as Al Rajhi Bank gained 0.2%, and Banque Saudi Fransi jumped 1.6%.Almarai also gained 1.2%. The Gulf’s largest dairy company said on Tuesday it had agreed to buy frozen bakery item manufacturer and producer Bakemart in the U...
Tags: Travel, Middle East, United Arab Emirates, Dubai, Abu Dhabi, Bahrain, Gulf, Reuters, Emaar Properties, Emaar, Doha Bank, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Almarai, Banque Saudi Fransi


#Dubai stocks outperform on plans to increase tourism capacity | Reuters

Dubai stocks outperform on plans to increase tourism capacity | ReutersMajor stock markets in the Gulf ended higher on Sunday, with Dubai leading the gains following its plans to tourism capacity, while Egypt was supported by gains in SODIC.Dubai’s main share index advanced 1%, buoyed by a 2.3% rise in sharia-compliant lender Dubai Islamic Bank and a 1.7% increase in Emaar Properties.Dubai government said on Saturday it plans to increase its tourism and hotel capacity by 134% over the next 20 ye...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Gulf, Reuters, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Aldar Properties, First Abu Dhabi Bank, Alinma Bank, SODIC Dubai, Emaar Properties Dubai government


#Dubai leads most of Gulf higher; Saudi index dips | Reuters

Dubai leads most of Gulf higher; Saudi index dips | ReutersStock markets in the United Arab Emirates ended higher on Thursday, on the back of financials and energy shares, while the Saudi index ended a four-day winning streak.Dubai’s main share index advanced 1%, with its largest lender Emirates NBD rising 2.6%, while sharia-compliant lender Dubai Islamic Bank closed 1.5% higher.Elsewhere, Dubai Investments rose 3.4% after announcing a 8% cash dividend for the year 2020.In Abu Dhabi, the index a...
Tags: Travel, Saudi Arabia, Wam, Israel, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Dana Gas, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Al Rajhi Bank, First Abu Dhabi Bank


Oil buoys #Saudi shares; top lender trips #AbuDhabi | Reuters

The Saudi Arabian stock market ended higher on Tuesday, amid rising oil prices as the focus returned to a tighter market, while the Abu Dhabi index retreated, hit by First Abu Dhabi Bank which went ex-dividend.Saudi Arabia’s benchmark index advanced over 1%, as all its banking shares gained including Al Rajhi Bank which finished 4.8% higher.Oil prices, a key catalyst for the Gulf’s financial markets, rose to $69 a barrel on Tuesday as investors focused on prospects for tighter supply and amid gr...
Tags: Travel, Saudi Arabia, Russia, Opec, United Arab Emirates, Dubai, Abu Dhabi, Yemen, Petroleum Exporting Countries OPEC, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, Abudhabi, Al Rajhi Bank, First Abu Dhabi Bank, Qatar Electricity and Water


MIDEAST STOCKS- #Saudi shares firm as major Gulf markets end mixed | Nasdaq

Saudi Arabia's stock market recouped earlier losses to end higher on Monday, led by gains in financial shares, while other major Gulf markets were mixed.Saudi shares had eased earlier following reports that Yemen's Houthi forces fired drones and missiles at the heart of the kingdom's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports. Riyadh called the attack a failed assault on global energy security."While the Houthi drone and missile attacks on ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Yemen, Gulf, Riyadh, Tasi, Rupert Neil Bumfrey, Industries Qatar, Abu Dhabi Commercial Bank ADCB, Samba Financial Group, Al Rajhi Bank, Helima Croft, DFMGI


Major Gulf markets gain; ex-dividend stocks drag down #Qatar | Reuters

Major Gulf markets gain; ex-dividend stocks drag down Qatar | Reuters Most Gulf stockmarkets ended higher on Tuesday, led by gains in financial and property stocks, but the Qatari index was pressured by a slew of blue-chips trading ex-dividend.Saudi Arabia’s benchmark index climbed 1.2%, outperforming the region, boosted by a 2.5% rise in Al Rajhi Bank and a 3.3% jump in National Commercial Bank, the kingdom’s largest lender.However, oil behemoth Saudi Aramco eased 0.1%.In Qatar, the benchmark s...
Tags: Travel, Saudi Arabia, Opec, Qatar, Dubai, Reuters, Saudi Aramco, Emaar Properties, Rupert Neil Bumfrey, Industries Qatar, Dubai Islamic Bank, National Commercial Bank, Al Rajhi Bank, Masraf Al Rayan, First Abu Dhabi Bank, Major Gulf


MIDEAST STOCKS-Most major Gulf markets gain in early trade; #AbuDhabi dips | Nasdaq

MIDEAST STOCKS-Most major Gulf markets gain in early trade; Abu Dhabi dips | Nasdaq Most major stock markets in the Gulf traded higher on Wednesday, extending gains from the previous day, with Saudi Arabia on track to extend gains for fifth consecutive session.Saudi Arabia's benchmark index .TASI rose 0.5%, boosted by a 3.9% jump in National Commercial Bank (NCB) 1180.SE after it reported higher-than-expected full year profit.NCB, the kingdom's biggest lender, posted a net profit of 11.44 billio...
Tags: Travel, Saudi Arabia, Qatar, Middle East, Dubai, Abu Dhabi, Gulf, Adi, NCB, Tasi, Rupert Neil Bumfrey, Industries Qatar, First Abu Dhabi Bank, Emaar Properties EMAR DU, Refinitiv, Emirates NBD Bank ENBD


Most major Gulf markets rise, tracking oil and Asian shares | Reuters

Most major Gulf markets rise, tracking oil and Asian shares | Reuters Most stock markets in the Gulf edged up on Monday, tracking oil prices and Asian shares, on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as vaccines are being rolled out globally.Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January last year, on hopes of a quicker economic revival as well as supply curbs by producer group OPEC and...
Tags: Travel, Saudi Arabia, Opec, Qatar, United Arab Emirates, Dubai, Gulf, Reuters, Saudi Basic Industries Corp, Etisalat, Rupert Neil Bumfrey, Industries Qatar, National Commercial Bank, Reuters Most, First Abu Dhabi Bank, Dubai Islamic Bank The Abu Dhabi


Most Gulf stocks gain on global rally, higher oil prices | Reuters

Most Gulf stocks gain on global rally, higher oil prices | Reuters Most Gulf stock markets rose in early trade on Sunday, tracking a rally in global equity markets and a jump in oil prices on Friday, while the Dubai index bucked the trend to trade lower.On Friday, global equities rallied on investor expectations of further stimulus from Washington and economic revival hopes that also lifted crude oil prices to nearly $60 a barrel.Brent crude ended Friday’s session up 50 cents, or 0.9%, at $59.34...
Tags: Travel, Washington, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Aramco, Emaar Properties, Rupert Neil Bumfrey, Industries Qatar, Dubai Investments, Al Rajhi Bank, Qatar National Bank the Gulf, Reuters Most Gulf