Search Results for: Arab markets
Markets mixed as oil slide continues
January 14th, 2015
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...
Markets mixed as oil plunge resumes
January 13th, 2015
Markets were mixed on Monday as oil resumed its fall. US stocks fell for a second straight trading session as investor confidence was hit by further plunge in oil prices ahead of the start of the fourth-quarter earnings season. ...
Markets retreat as oil plunges
January 7th, 2015
World stock markets tumbled on Monday on continued fall in oil prices and surging dollar. Sell-off of US equities dragged US stock indices down, with Dow Jones Industrial and the S&P 500 recording their worst losses since October. Investors ...
Saudi Arabia will allow foreigners to own stakes in its listed companies
December 30th, 2014
Saudi Arabian stocks rallied yesterday amid signs that that the world’s biggest oil exporter would allow foreigners to own stakes in its listed companies by April next year. The drop in oil prices, however, may deter investment in the ...
Investigation of Mobily accounting errors key test of Saudi Arabia’s governance resolve
November 24th, 2014
An investigation into accounting irregularities at Saudi Arabia’s No 2 phone operator is shaping up as a key test of governance as the kingdom’s markets open up to foreign investment Shares in the Saudi phone operator Etihad Etisalat, also ...
Oil price slide threatens energy subsidies in Arabian Gulf states
November 10th, 2014
Low oil prices may lead Arabian Gulf states to issue additional debt and cut energy subsidies, according to the ratings agency Standard and Poor’s. “If there’s a prolonged oil price correction, corporate and government-related entities may have to change ...
Markets in UAE, Qatar edge up
October 27th, 2014
Bourses in the United Arab Emirates and Qatar rose in early trade on Sunday on the back of a supportive global background and positive domestic news flow. US stocks were up on Friday after strong results from Microsoft and ...
Shell CEO says U.S. should export oil to stabilize global markets
September 3rd, 2014
U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. ...
Kuwait stock market shrinks as its economy underperforms more dynamic economies in the Gulf
September 21st, 2015
Kuwait stock delistings threaten market’s status Kuwait market shrinks as others expand Some firms complain about low valuations, liquidity Others cite costs of maintaining listing Regulator says oil companies could be listed Effort to upgrade Kuwait to emerging market ...
Saudi bourse to open to foreign investors from June 15
April 17th, 2015
Saudi Arabia‘s market regulator said on Thursday that the opening of the kingdom’s stock exchange to direct foreign investors will take place on June 15. The Capital Markets Authority said in a statement that it will publish the final ...
