Middle East ETF News Older than One Year


In 2015, Middle East to see rising interest in Exchange Traded Products

December 13, 2014--The Middle East market would witness growing interest in structured products like Exchange Traded products (ETP) in 2015, Standard & Poor's Dow Jones Indices told Gulf News.

Currently there are about 6 ETP's in the Middle East traded in the United States, and Blackrock, the world's biggest money manager, plans to start an ETP for Saudi Arabian shares.

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Source: Gulf News


EGX Continues Its Efforts To Attract New Companies To List

December 12, 2014--The Egyptian Exchange (EGX) is continuing its promotional plan for the business community.

In the last few days EGX participated in 2 meetings targeting the Egyptian Junior Business Association (EJB) and 10 th of Ramadan Businessmen association in presence of a large number of promising companies. The meetings aimed to exhibit the benefits obtained by the companies either by listing in the main market or in NILEX market for small and medium companies.

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Source: The Egyptian Exchange (EGX)


Saudi stock market's 12-month performance turns flat

December 11, 2014--The Tadawul All-Share Index lost 0.20 per cent in late trading in Riyadh on Thursday, December 11.

Since its 2014-peak on September 8 following a near two-year rally, the gauge has lost 25 per cent in value parallel to the oil market crash which brought the "black gold" down to a 5-year low this week...

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Source: AME Info


Gulf Hotel Group gains on expansion plans

December 11, 2014--The Manama-based Bahrain All-Share Index dipped 0.90 per cent to 1,390.61 points.

Gulf Hotel Group GHG surged 2.44 per cent to hit BD0.84.

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Source: AME Info


Qatari market plummets more than four per cent

December 11, 2014--The Qatar Exchange 20 Index of Doha lost 4.33 per cent to close at 11,805.32 points on Thursday, December 11, representing a five-month low.

Over the week, the gauge lost over seven per cent. Qatar Fuel Company or Woqod lost 3.35 per cent to close at QAR202.

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Source: AME Info


UAE stock markets crash over oil price slump

December 11, 2014--The Dubai Financial Market (DFM) plummeted 7.42 per cent to close at a nine-month low at 3,594.95 points on Thursday, December 11.

Not a single share gained value. The gauge's sister index ADXGI in Abu Dhabi dived 4.40 per cent to end at 4,381.16 points, a near one-year low.

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Source: AME Info


Qatar market remains under selling pressure

December 10, 2014--The Qatari market index QE 20 slipped 0.11 per cent to hit 12,339.87 points on Wednesday, December 10.

Banks and telecoms advanced and halted the steep fell of the Doha-based bourse somewhat. Qatar National Bank or QNB closed unchanged at QAR205.

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Source: AME Info


While Abu Dhabi blue chips dip, the market rises

December 10, 2014--The ADX General Index advanced by 0.36 per cent to close at 4,582.91 points on Wednesday, December 10.

Etisalat lost 0.88 per cent to AED11.30. Aldar Properties dived 1.75 per cent to AED2.80.

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Source: AME Info


Bears show some exhaustion at Dubai market

December 10, 2014--The decline at the Dubai financial market decelerated on Wednesday, December 10.

The market index DFMGI fell by 0.15 per cent to 3,882.90 points.

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Source: AME Info


IMF-Kuwait: Selected Issues Paper

DESIGNING AND IMPLEMENTING FISCAL POLICY FOR THE MEDIUM TERM1
December 9, 2014--Kuwait's highly volatile fiscal revenues and a non-diversified economy imply that fiscal policy has two important goals: (i) to smooth spending and build precautionary and intergenerational savings; and (ii) to facilitate economic diversification.

Going forward, successfully formulating and implementing medium-term fiscal policy require parallel efforts to strengthen the annual budget process and macroeconomic forecasting through fiscal strategy, including medium-term fiscal and expenditure frameworks, and to build and enhance capacity at the Ministry of Finance through the macro-fiscal unit.

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Source: IMF


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