Posts filtered by tags: Kuwait Oman[x]


 

Mideast Stocks Head Warily Into May After April Gains: Inside EM - Bloomberg

Mideast Stocks Head Warily Into May After April Gains: Inside EM - Bloomberg Middle East stock markets were mixed as investors looked for direction on the first trading day of the month following gains in April.The main indexes in Kuwait, Oman and Dubai each rose 0.7% on Sunday, while the gauge in Abu Dhabi added 0.5%. Saudi Arabia’s Tadawul All Share Index led losses with a 0.5% retreat. Qatari and Israeli markets were little changed. Trading in Bahrain and Egypt was closed for holidays.Thoug...
Tags: Travel, Saudi Arabia, Opec, Qatar, Bloomberg, Egypt, Dubai, Abu Dhabi, Bahrain, Gulf, Riyadh, Mohammed bin Salman, Rupert Neil Bumfrey, Dubai Islamic Bank, Al Rajhi, Jabal Omar Development


High oil cuts GCC borrowing needs; credit issues remain: Moodys | ZAWYA MENA Edition

High oil cuts GCC borrowing needs; credit issues remain: Moodys | ZAWYA MENA EditionDuring the past week, oil prices have risen to nearly $70 per barrel, up from $52 at the end of last year. If sustained during the rest of the year, higher oil prices will reduce the immediate government borrowing and external financing needs of GCC sovereigns, most significantly for Kuwait, Oman and Qatar, according to Moodys' Investors Service.They will also increase the resources available to advance economic-...
Tags: Travel, US, Qatar, GCC, Moodys, Rupert Neil Bumfrey, Moodys Investors Service, Kuwait Oman, However Moodys


Middle East stocks extend drop, despite new economic measures - Arabianbusiness

Middle East stocks extend drop, despite new economic measures - Arabianbusiness: Abu Dhabi’s ADX General Index loses 3.5% as of 11:50 a.m. local time First Abu Dhabi Bank -4.6%, Etisalat -4.7% Abu Dhabi Commercial Bank -3.9% Dubai’s DFM General Index retreats 1.8% Emirates NBD -4.8%; Emaar Properties -3.1%; DU -2% Saudi Arabia’s Tadawul All Share Index falls 1.5% Saudi Aramco -1.2%; STC -2%; Sabic -1.5% Exchanges in Kuwait, Oman and Bahrain are closed due to a local holiday [Author: no...
Tags: Travel, Saudi Arabia, Middle East, Dubai, Abu Dhabi, Bahrain, Saudi Aramco, Emirates NBD, SABIC, STC, Emaar Properties, Etisalat, Abu Dhabi Commercial Bank, Rupert Neil Bumfrey, First Abu Dhabi Bank, Kuwait Oman


AP Source: FIFA explores Kuwait, Oman as 2022 WCup co-hosts

A person with knowledge of the situation tells The Associated Press FIFA is exploring Oman and Kuwait becoming co-hosts of the 2022 World Cup with Qatar if the field of teams is expanded from 32 to 48. Although Qatar won a bid for a 32-team tournament and its infrastructure is already stretched for the Middle […]
Tags: News, Sports, Qatar, Soccer, Fifa, Oman, Kuwait, Associated Press FIFA, Kuwait Oman