Middle East ETF News Older than One Year
MENA Equities Round-up: Egypt outperformed local stock markets in November
December 4, 2017--Cairo stockmarket boosted by lifting of Central Bank currency restrictions on importers.
Egypt's stockmarket outperformed its neighbours in Gulf Cooperation Council (GCC) countries in November-a month during which markets in Saudi Arabia faced turbulence as a result of a crackdown on corruption that led to the detention of several powerful businessmen and royal family members.
New listings and IPOs also had an impact on markets in the UAE and Egypt. Egypt's main index gained in value by 1.67 percent during the month.
Source: Zawya.com
MIDEAST STOCKS-Qatar jumps on hope diplomatic dispute will be resolved
December 4, 2017--Most other Gulf markets were firm.
Qatar's stock market jumped by its biggest margin in nearly five months on Monday because of hopes that Doha's diplomatic dispute with four other Arab countries will be resolved.
Source: Zawya.com
Qatar's stock market rose sharply in early trade on Monday because of hopes that Doha can resolve its diplomatic dispute
December 4, 2017--Qatar's stock market rose sharply in early trade on Monday because of hopes that Doha can resolve its diplomatic dispute with four other Arab countries, while the rest of the region was mixed.
Source: Zawya.com
MIDEAST STOCKS-Saudi edges up to chart barrier, Qatar slips before MSCI decision
November 30, 2017--Saudi Arabia's stock market edged up to technical resistance on Thurs.
Saudi Arabia's stock market edged up to technical resistance on Thursday while Qatar's bourse softened, as regional trade was thinned by the closure of markets including the United Arab Emirates, Kuwait and Egypt for public holidays.
Source: Zawya.com
MIDEAST STOCKS-Saudi edges up, Qatar soft in early trade
November 30, 2017--The Saudi index added 0.2% in the first hour
Saudi Arabia's stock market edged up in early trade on Thursday while Qatar's bourse softened, as regional trade was thinned by the closure of the United Arab Emirates and Kuwait for public holidays.
Source: Zawya.com
ADX sees rising demand for issuance of Investor Numbers due to Adnoc IPO
November 29, 2017--ADX sees 2,700 per cent increase in requests for Investor Numbers or the modification of information
Abu Dhabi Securities Exchange (ADX) announced a 2,700 per cent increase in demand for the issuance of Investor Numbers (IN) between November 26-28, post the initial public offering by Adnoc for Distribution.
Source: Zawya.com
MIDEAST STOCKS-Saudi firm after settlements in corruption probe, Qatar climbs
November 29, 2017--Saudi Arabia's stock market was firm on Wednesday after news that senior prince Miteb bin Abdullah had been freed by authorities.
Source: Zawya.com
Cairo bourse is set to restructure the transactions market in 2018
November 27, 2017--Egypt bourse plans to increase the number of companies listed in the stock market during the upcoming year.
Egypt bourse is studying the comprehensive restructure of the transactions market so as to increase the number of companies listed in the stock market during the upcoming year, according to the Egyptian Exchange Deputy Chairman Mohsen Adel.
Source: Zawya.com
MIDEAST STOCKS-Gulf rises, Saudi gets support from cement sector
November 27, 2017--The Saudi index climbed 0.6% in the first hour
Most Gulf stock markets rose in early trade on Monday with Saudi Arabia getting support from Al Jouf Cement and Saudi Industrial Export Co after the companies announced an export deal with Jordan.
Source: Zawya.com
Saudi to allow smaller foreign funds into stock market, ease other rules
November 23, 2017--Saudi Arabia will ease requirements for foreign institutional investors in its stock market.
Saudi Arabia will ease requirements for foreign institutional investors in its stock market, the securities regulator said on Thursday, as Riyadh seeks to draw more capital into the market before the listing of state oil giant Saudi Aramco. view more
Source: Zawya.com
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