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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 IHC lifts #AbuDhabi as major Gulf markets end mixed | Reuters

MIDEAST STOCKS IHC lifts Abu Dhabi as major Gulf markets end mixed | Reuters Major Gulf stock markets were mixed on Thursday, with the Abu Dhabi index rising after aquaculture firm International Holding Company reported a higher quarterly profit.Abu Dhabi's index (.ADI) closed 0.6% higher with a weekly gain of 1.7%. International Holding (IHC.AD) was up 3.3%, boosting the index the most. The firm posted 1.5 billion dirhams of profit in the first quarter compared with 112.2 million dirhams ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Aramex, IHC, Tasi, Rupert Neil Bumfrey, Saudi Telecom, Abudhabi, Al Rajhi Bank, Gulf Egypt, Dana Gas DANA


MIDEAST STOCKS Most Gulf markets muted, #Saudi stocks gain on upbeat heavyweight earnings | Reuters

MIDEAST STOCKS Most Gulf markets muted, Saudi stocks gain on upbeat heavyweight earnings | Reuters Major Gulf stock markets were little changed in early trade on Wednesday, with Saudi Arabian shares edging up on upbeat corporate earnings by heavyweights.Saudi Arabia's benchmark index (.TASI) was trading nearly 0.1% higher in early trade.The Saudi National Bank (1180.SE) was up 0.6%, while Saudi Aramco (2222.SE) added 0.1%, extending gains from Tuesday after the state oil producer reported 30% ...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Reuters, Saudi Arabian, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Abu Dhabi National Energy Company Taqa, Emaar Properties EMAR DU, Waha Capital, Emirates Telecommunications Group Etisalat, Dubai Islamic Bank DISB DU, Qatar Islamic Bank QISB


MIDEAST STOCKS #Saudi stocks gain as Aramco Q1 profit tops estimates | Reuters

MIDEAST STOCKS Saudi stocks gain as Aramco Q1 profit tops estimates | Reuters Major Gulf stock markets were little changed in early trade on Tuesday, with Saudi Arabia shares rising as state oil producer Saudi Aramco's (2222.SE) first-quarter profit topped analysts' estimates.Saudi Arabia's benchmark index (.TASI) was up 0.3% after falling for three straight days. Saudi Aramco rose 0.6% after it reported a 30% rise in first-quarter net profit to $21.7 billion, compared with analysts' expectati...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Saudi Aramco, IHS, Tasi, Rupert Neil Bumfrey, First Abu Dhabi Bank, Emirates Telecommunications Group Etisalat, Dhabi


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 Gulf bourses mixed in early trade | Reuters

MIDEAST STOCKS Gulf bourses mixed in early trade | Reuters Stock markets in the Gulf were mixed early on Sunday, with bourses in the United Arab Emirates supported by corporate earnings reports.Saudi Arabia's benchmark index (.TASI) was down 0.4%, extending losses from the previous session.Saudi National Bank (1180.SE), the kingdom's largest lender, and petrochemical firm Saudi Basic Industries Corp (2010.SE) were both down 1.4%.On Wednesday, the Saudi index registered sharp gains after Crown ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Moscow, Abu Dhabi, Gulf, Reuters, Mohammed bin Salman, Saudi Basic Industries Corp, Riyad Bank, Etisalat, Tasi, Rupert Neil Bumfrey, DFMGI


Mideast Stocks: #Saudi bourse underperforms subdued Gulf markets | ZAWYA MENA Edition

Mideast Stocks: Saudi bourse underperforms subdued Gulf markets | ZAWYA MENA Edition Most stock markets in the Gulf ended lower on Thursday, with the Saudi index underperforming, dragged down by losses in its financial shares.Saudi Arabia's benchmark index .TASI dropped 1.1%, with Al Rajhi Bank 1120.SE and petrochemical firm Saudi Basic Industries 2010.SE both sliding 3%.On Wednesday, the Saudi index registered sharp gains after Crown Prince Mohammed bin Salman said the kingdom had no plans to...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Mohammed bin Salman, Aramex, Emaar Properties, Etisalat, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Michael Stark, Al Rajhi Bank, First Abu Dhabi Bank


MIDEAST STOCKS #Saudi leads major Gulf markets lower; #Dubai gains | Reuters

Most major stock markets in the Gulf fell on Thursday, with Saudi shares leading the declines, although the Dubai bourse bucked the trend on support from property stocks.Saudi Arabia's benchmark index (.TASI) dropped 1%, dragged down by a 2.2% fall in Al Rajhi Bank (1120.SE) and a 3.1% slide in the Saudi National Bank (1180.SE), the kingdom's largest lender.On Wednesday, the Saudi index registered sharp gains after the country's Crown Prince Mohammed bin Salman said the kingdom had no plans to i...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Ooredoo, Gulf, Reuters, Mohammed bin Salman, Adi, Dana Gas, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, First Abu Dhabi Bank, Dana Gas DANA


MIDEAST STOCKS Banks buoy #Saudi index; other major Gulf bourses dip | Reuters

MIDEAST STOCKS Banks buoy Saudi index; other major Gulf bourses dip | Reuters Saudi Arabia's stock market outperformed the region on Wednesday, boosted by gains in financial shares, while other major Gulf markets ended lower.Saudi Arabia's Crown Prince Mohammed bin Salman said on Tuesday the kingdom had no plans to introduce income tax and a decision last July to triple value-added tax to 15% was temporary. read moreThe country had tripled VAT to offset the impact of lower oil revenue on s...
Tags: Travel, Indonesia, Saudi Arabia, United Arab Emirates, Abu Dhabi, Gulf, Reuters, Aramco, Mohammed bin Salman, Adi, Reuters Saudi Arabia, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, QSI, Al Rajhi Bank


MIDEAST STOCKS #Saudi shares gain as major Gulf markets ease | Reuters

Saudi Arabia's stock market traded higher on Wednesday, on track to extend gains for a fifth session, while other major Gulf markets were subdued in early trade.The kingdom's benchmark index (.TASI) gained 0.7%, buoyed by a 0.9% gain in Al Rajhi Bank (1120.SE) and a 1.5% rise in petrochemical maker Saudi Basic Industries. (2010.SE)Among others, Rabigh Refining and Petrochemical Company (2380.SE) surged 10%, after the firm posted quarterly net profit.Saudi Arabia's Crown Prince Mohammed bin Salma...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Aramco, Mohammed bin Salman, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, QSI, Al Rajhi Bank, First Abu Dhabi Bank, Emirates NBD ENBD


MIDEAST STOCKS Major Gulf markets end mixed as petchems boost #Qatar | Reuters

MIDEAST STOCKS Major Gulf markets end mixed as petchems boost Qatar | Reuters Major stock markets in the Gulf closed mixed on Tuesday, with petrochemical shares boosting the Qatari index.In Qatar, the benchmark (.QSI) rose 0.6%, led by a 2.9% increase in Industries Qatar (IQCD.QA), extending gains from the previous session when the petrochemical maker reported a higher net profit for the quarter ended March 31.Mesaieed Petrochemical (MPHC.QA) jumped 4.2%, ahead of its first-quarter earnings ...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, SNB, Gulf, Reuters, Red Sea, Reuters Major, Yanbu, Tasi, Rupert Neil Bumfrey, ADCB, NMC Health


MIDEAST STOCKS Most major Gulf bourses gain on corporate earnings | Reuters

MIDEAST STOCKS Most major Gulf bourses gain on corporate earnings | Reuters Major stock markets in the Gulf closed higher on Monday, with the Saudi index leading gains after a slew of strong corporate earnings.Saudi Arabia's benchmark index (.TASI) rose 0.9%, boosted by a 1.8% gain in Al Rajhi Bank (1120.SE) and a 8.9% surge in Bank Al Jazira (1020.SE), which reported an increase in its quarterly net profit.Elsewhere, Saudi National Bank (SNB) (1180.SE) closed 0.9% higher. The kingdom's lar...
Tags: Travel, Saudi Arabia, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Reuters Major, Tasi, Rupert Neil Bumfrey, Abu Dhabi Commercial Bank ADCB, QSI, NMC Health, Al Rajhi Bank


MIDEAST STOCKS Major Gulf bourses off to a mixed start | Reuters

MIDEAST STOCKS Major Gulf bourses off to a mixed start | ReutersMajor Gulf markets were mixed in early trade on Sunday, with the Saudi index on track to extend gains from the previous session helped by in healthcare and petrochemical shares.Saudi Arabia's benchmark index (.TASI) gained 0.3%, with Dr Sulaiman Al-Habib Medical Services (4013.SE) rising 1.8% and Saudi Kayan Petrochemical (2350.SE) jumping 4.4%.The petrochemical firm posted a net profit of 492.9 million riyals in first-quarter compa...
Tags: Travel, Saudi Arabia, India, Qatar, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, Reuters, Adi, Commercial Bank, Tasi, Rupert Neil Bumfrey, QSI, DFMGI


MIDEAST STOCKS Q1 earnings boost most Gulf markets; Egypt retreats | Reuters

MIDEAST STOCKS Q1 earnings boost most Gulf markets; Egypt retreats | Reuters Most Gulf stock markets ended higher on Thursday, led by a slew of corporate earnings, while Egypt was hit by a blue-chip sell-off.Saudi Arabia's benchmark index (.TASI) closed up 0.4%, with Al Rajhi Bank (1120.SE) rising 0.8%, extending gains from the previous session when it reported first-quarter earnings.The kingdom's biggest Islamic lender said net profit in the three months ended March 31 rose to 3.34 billi...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Abu Dhabi, Uae, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Gulf Egypt, First Abu Dhabi Bank, Commercial International Bank COMI, Aldar Properties ALDAR, Reuters Most Gulf


MIDEAST STOCKS Most major Gulf markets gain; #Qatar dips | Reuters

MIDEAST STOCKS Most major Gulf markets gain; Qatar dips | ReutersMost major stock markets in the Gulf rose in early trade on Thursday, supported by a slew of corporate earnings, although Qatar bucked the trend to trade lower.Saudi Arabia's benchmark index (.TASI) added 0.1%, driven by a 0.6% increase in Saudi National Bank (1180.SE), while Alinma Bank (1150.SE) climbed 1.6% following a surge in first-quarter net profit.Separately, Saudi Tadawul Group has short-listed three local and three foreig...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Tasi, Rupert Neil Bumfrey, QSI, First Abu Dhabi Bank, IPO Reuters, Alinma Bank, Emaar Properties EMAR, Emirates NBD Bank ENBD, United Development Company


MIDEAST STOCKS Major Gulf markets fall tracking oil, Asian shares | Reuters

Major Gulf markets were subdued in early trading on Wednesday, mirroring Asian stocks, due to weak oil prices as concerns over a resurgence in coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil.India, the world's third-largest oil user, on Wednesday reported another record increase in the daily death toll from COVID-19, at 2,023, and another record rise in cases at more than 295,000. read moreBrent crude futures for June declined 29 cents, or...
Tags: Travel, Saudi Arabia, India, Dubai, Abu Dhabi, Gulf, Reuters, Emirates NBD, Adi, Tasi, EFG Hermes, Rupert Neil Bumfrey, First Abu Dhabi Bank FAB, Emaar Properties EMAR DU, COVID, Saudi National 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


MIDEAST STOCKS Mixed close for Major Gulf bourses | Reuters

MIDEAST STOCKS Mixed close for Major Gulf bourses | Reuters Major stock markets in the Gulf had a mixed session on Monday, with property shares weighing on the Dubai index but few fresh factors to trade on. Saudi Arabia's benchmark index  (.TASI)  gained 0.5%, with petrochemical firm Saudi Basic Industries  (2010.SE)  rising 2.1%, and Yanbu National Petrochemicals Company  (2290.SE)  up 2.8% after reporting a sharp surge in quarterly profit. In Dubai, the main share index  (.DFMGI)  eased ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Reuters Major, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, DFMGI, Major Gulf, Emaar Properties EMAR, Emirates NBD Bank ENBD, Etisalat ETISALAT


MIDEAST STOCKS Major Gulf indexes make mixed start, with #Qatar gaining | Reuters

MIDEAST STOCKS Major Gulf indexes make mixed start, with Qatar gaining | ReutersMajor Gulf share markets were mixed on Monday, with the Qatari index boosted by Commercial Bank (COMB.QA), while Saudi Arabia's benchmark index (.TASI) slipped 0.4%.In the Saudi market, Al Rajhi Bank (1120.SE) fell 0.5%, while Saudi National Bank (1180.SE), the kingdom's largest lender, retreated 1.7% and Arriyadh Development (4150.SE) dropped 2.4%, as the stock went ex-dividend.However, Yanbu National Petrochemicals...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Adi, Commercial Bank, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Emirates NBD Bank ENBD, International Holding, International Holding IHC, Saudi National Bank


MIDEAST STOCKS Major Gulf markets end mixed; blue-chips buoy Egypt | Reuters

MIDEAST STOCKS Major Gulf markets end mixed; blue-chips buoy Egypt | ReutersMajor Gulf stock markets ended mixed on Sunday, with Qatar registering sharp losses following a surge in the previous session when it removed a cap on foreign ownership, while blue-chip Egyptian shares boosted the main index.Saudi Arabia's benchmark index (.TASI) finished up 0.6%, extending gains from the previous day, with Saudi Telecom Company (7010.SE) rising 1.7%, while Al Rajhi Bank (1120.SE) was up 0.3%.Meanwhile, ...
Tags: Travel, Washington, Saudi Arabia, Qatar, Egypt, Dubai, Abu Dhabi, Tehran, Yemen, Gulf, Reuters, Emaar, Tasi, Saudi Telecom Company, Rupert Neil Bumfrey, Al Rajhi Bank


MIDEAST STOCKS Most major Gulf markets rise; #Qatar dips | Reuters

MIDEAST STOCKS Most major Gulf markets rise; Qatar dips | ReutersMost major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower.Saudi Arabia's benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%.Elsewhere, Bank Albilad (1140.SE) climbed 1%, as the lender completed a 3 billion riyal sukuk offering.Dubai's main share index ...
Tags: Travel, Saudi Arabia, Qatar, Dubai, Abu Dhabi, Gulf, Reuters, Commercial Bank, Emaar, Tasi, Rupert Neil Bumfrey, Al Rajhi Bank, Emaar Properties EMAR DU, Emaar Properties Dubai, Industries Qatar IQCD QA, SABIC Agri Nutrients Co


MIDEAST STOCKS-Major Gulf markets end mixed; #AbuDhabi snaps winning streak | Nasdaq

MIDEAST STOCKS-Major Gulf markets end mixed; Abu Dhabi snaps winning streak | NasdaqMajor stock markets in the Gulf ended mixed on Wednesday, with the Abu Dhabi index ending its run of gains, while Saudi Arabia was lifted by its financial shares.The Saudi benchmark index .TASI rose 0.3%, helped by a 5.7% gain in Banque Saudi Fransi 1050.SE and a 3.3% increase in Dr Sulaiman Al-Habib Medical Services 4013.SE.However, petrochemical firm Saudi Basic Industries Corp (SABIC) 2010.SE eased 0.3%.SABIC ...
Tags: Travel, Saudi Arabia, Wam, Qatar, Hsbc, United Arab Emirates, Dubai, Abu Dhabi, Morgan Stanley, Uae, Gulf, Reuters, Adi, SABIC, Tasi, Rupert Neil Bumfrey


MIDEAST STOCKS- #AbuDhabi outperforms major Gulf markets | Nasdaq

MIDEAST STOCKS-Abu Dhabi outperforms major Gulf markets | NasdaqThe Abu Dhabi stock market advanced on Tuesday as aquaculture company International Holding continued its gains, while the Saudi index was bolstered by Advanced Petrochemical 2330.SE.In Abu Dhabi, the index .ADI rose 1.3%, on track to extend gains for an eight consecutive session, boosted by a 13.6% rise in International Holding IHC.AD.On Sunday, the company said it planned to divest all its shares in defence supplier Trust Internat...
Tags: Travel, Saudi Arabia, Dubai, Abu Dhabi, Gulf, Adi, Yanbu, Tasi, Rupert Neil Bumfrey, Dubai Islamic Bank DISB, International Holding, International Holding IHC, Trust International Holding, NasdaqThe Abu Dhabi


MIDEAST STOCKS- #Saudi shares outperform on $1.3 trillion private investment push | Nasdaq

Saudi Arabia's stock market rose sharply on Wednesday, after the country announced a huge investment push led by Aramco and SABIC, while other major Gulf markets were mixed.The kingdom's crown prince said oil firm Aramco and petrochemical firm SABIC would lead 5 trillion riyals ($1.3 trillion) of investments by the local private sector by 2030 under a programme announced on Tuesday for economic diversification.This is part of 12 trillion riyals worth of investments planned by 2030, Crown Prince ...
Tags: Travel, Saudi Arabia, Dubai, Gulf, Aramco, Mohammed bin Salman, SABIC, Saudi Basic Industries Corp, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, DFMGI, Emaar Properties EMAR DU, Commercial Bank COMB QA, However Aamal Company AHCS QA


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

The Abu Dhabi stock market rose on Tuesday, boosted by a surge in pharmaceutical firm Julphar, while other major markets in the region were also firm in early trade.Julphar begun interim manufacturing of a vaccine from China's Sinopharm, part of a joint venture between Sinopharm and Abu Dhabi-based G42.Under the JV, a new main plant is being built in Abu Dhabi with production capacity of 200 million Hayat-Vax doses a year.In Abu Dhabi, the index .ADI gained 0.8%, buoyed by the 14% jump in Gulf P...
Tags: Travel, Saudi Arabia, China, Dubai, Abu Dhabi, Gulf, Sheikh Mohammed bin Rashid al Maktoum, Julphar, Tasi, Rupert Neil Bumfrey, QSI, Al Rajhi Bank, Masraf Al Rayan, Emaar Properties EMAR, Sinopharm


MIDEAST STOCKS- #AbuDhabi leads major Gulf markets higher on hopes of Suez Canal's reopening | Nasdaq

Most Gulf stocks rose in early trade on Monday, in line with Asian shares, as the ship blocking the Suez Canal was re-floated, raising hopes the vital waterway could reopen and ease global shipping backlogs.The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting shipping traffic on the shortest shipping route between Europe and Asia.Saudi Arabia's benchmark index .TASI rose 0.5%, with Al Rajhi Bank 1120.SE...
Tags: Travel, Europe, China, Qatar, Dubai, Abu Dhabi, Gulf, Suez Canal, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Saudi Basic Industries, Al Rajhi Bank, Asia Saudi Arabia, Emaar Properties EMAR, Emirates NBD Bank ENBD


MIDEAST STOCKS- #Dubai index leads most of Gulf lower; Egypt extends gains | Nasdaq

Most Gulf markets ended lower on Thursday as new coronavirus restrictions in Europe revived worries about demand for oil products, while stocks trading ex-dividend hit bourses in United Arab Emirates.In Dubai, the main share index .DFMGI dropped 0.8%, with sharia-compliant lender Dubai Islamic Bank DISB.DU sliding 4.2%, its biggest intraday fall since mid-December, as the stock went ex-dividend.The index snapped three consecutive weekly gains, shedding 4.2% during the week.Dubai's economy, which...
Tags: Travel, Europe, New York, Saudi Arabia, Qatar, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Uae, Gulf, SPAC, Tasi, Rupert Neil Bumfrey, QSI, National Commercial Bank


MIDEAST STOCKS-Most Gulf stocks ease on Europe lockdowns, U.S. tax hike fears | Nasdaq

MIDEAST STOCKS-Most Gulf stocks ease on Europe lockdowns, U.S. tax hike fears | NasdaqMost stock markets in the Gulf ended lower on Wednesday, tracking global equities as coronavirus lockdowns in Europe and potential U.S. tax hikes hit risk appetite."The concerns of a third COVID-19 wave in Europe is weighing down on demand expectations thus negatively affecting energy prices and oil prices which are particularly sensitive in the Gulf region," said James Campion, private banker at Ourea.Saudi Ar...
Tags: Travel, Europe, Qatar, Dubai, Gulf, Mohammed bin Rashid Al Maktoum, Riyad Bank, Qatar National Bank, Tasi, Rupert Neil Bumfrey, Alinma Tokio Marine, Emirates NBD ENBD, James Campion, Emaar Properties EMAR, Ourea Saudi Arabia


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

MIDEAST STOCKS-Most Gulf markets fall in early trade; Qatar rises | NasdaqMajor stock markets in the Gulf traded lower on Monday, pressured by financial shares amid falling oil prices, although Qatar bucked the sombre mood to open higher.Oil prices, a key catalyst for the Gulf region's financial markets, edged lower on renewed concerns that European lockdowns may slow an anticipated recovery in demand for fuel products. O/RSaudi Arabia's benchmark index .TASI fell 0.3%, with National Commercial ...
Tags: Travel, Qatar, Dubai, Abu Dhabi, Gulf, Aramco, Adi, Tasi, AED, EFG Hermes, Rupert Neil Bumfrey, Samba Financial Group, National Commercial Bank, First Abu Dhabi Bank FAB, Dana Gas DANA, Dubai Islamic Bank DISB


MIDEAST STOCKS-Most major Gulf indexes rebound on global rally; #Qatar slips | Nasdaq

MIDEAST STOCKS-Most major Gulf indexes rebound on global rally; Qatar slips | NasdaqMost Gulf stock markets rose in early trade on Thursday, tracking global markets, after the U.S. Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases.Saudi's benchmark stock index .TASI rebounded 1%, buoyed by a 0.6% gain in Saudi Arabia Mining company 1211.SE and a 0.3% increase in oil company Saudi Aramco...
Tags: Travel, Qatar, Dubai, Abu Dhabi, Uae, Gulf, U S Federal Reserve, Etisalat, Emaar, Tasi, Rupert Neil Bumfrey, QSI, Emirates NBD ENBD DU, Etisalat ETISALAT, NasdaqMost Gulf, Qatar International Islamic Bank QIIB QA