Latest Markets News

Last Updated: Wed, Sep 28 2016 | 11:58 AM |
Saudi stocks slump again on oil, austerity measures
Markets»

Saudi stocks slump again on oil, austerity measures

Wednesday, 28 September 2016 3:58 PM

Stock market falls sharply in late trade as Brent oil futures sink about 3% to around $46 a barrel

Kuwait bourse set to introduce new stock swing limit
Markets»

Kuwait bourse set to introduce new stock swing limit

Tuesday, 27 September 2016 3:52 PM

Stock exchange will set a limit of 20% for the maximum daily rise or fall of individual stocks by November

Saudi stocks slide in early trade after gov't cutback plans
Stocks»

Saudi stocks slide in early trade after gov't cutback plans

Tuesday, 27 September 2016 12:13 PM

Government said it would cut ministers' salaries by 20 percent and scale back financial perks for public sector workers

Volatility in oil market to remain in near future, says Aramco CEO
Commodities»

Volatility in oil market to remain in near future, says Aramco CEO

Monday, 26 September 2016 11:23 AM

Amin Nasser, CEO of Saudi Aramco, said market has proven that companies with strong downstream operations are in a better position

Major Gulf stock markets retreat after crude tumbled
Stocks»

Major Gulf stock markets retreat after crude tumbled

Sunday, 25 September 2016 7:48 PM

Petrochemical shares weigh on Saudi after oil tumbled 4%

Saudi central bank to inject $5.3bn to boost financial stability
Banking & Finance»

Saudi central bank to inject $5.3bn to boost financial stability

Sunday, 25 September 2016 7:47 PM

Saudi Arabian Monetary Agency (SAMA) said local market indicators were good.

Marriott deal approval doubles hotel giant's business in Middle East and Africa
GCC»

Marriott deal approval doubles hotel giant's business in Middle East and Africa

Friday, 23 September 2016 8:35 AM

CEO Arne Sorenson says acquisition of Starwood means Marriott now has "real scale" in the region

1
Emaar Properties lists $750m sukuk on Nasdaq Dubai
Banking & Finance»

Emaar Properties lists $750m sukuk on Nasdaq Dubai

Monday, 19 September 2016 2:21 PM

Listing raises the total value of sukuk listed in Dubai to $45.55bn, says stock exchange

Saudi shares drop as activity falls to 12-month low
Qatar»

Saudi shares drop as activity falls to 12-month low

Sunday, 18 September 2016 7:30 PM

Uncertainty over Wednesday's US Federal Reserve meeting weighed on sentiment

NBAD postpones Middle East's first green bond - sources
Banking & Finance»

NBAD postpones Middle East's first green bond - sources

Sunday, 18 September 2016 7:29 PM

Green bonds have become an increasingly popular source of borrowing for banks in emerging markets

Qatar central bank offers $824m of gov't bonds in second riyal sale in 2016
Qatar»

Qatar central bank offers $824m of gov't bonds in second riyal sale in 2016

Sunday, 18 September 2016 7:27 PM

The central bank only issued its first domestic bonds this year in August when it sold $1.26bn of conventional and Islamic government bonds.

Japan won't invest in Saudi Aramco IPO, says PM
Politics & Economics»

Japan won't invest in Saudi Aramco IPO, says PM

Saturday, 17 September 2016 7:43 AM

Shinzo Abe backs away from huge listing, but adviser flags 'cooperation in new industries'

Trump finally backs off Obama birth claim, falsely says Clinton started it
World»

Trump finally backs off Obama birth claim, falsely says Clinton started it

Saturday, 17 September 2016 7:31 AM

Republican presidential candidate agrees US president born in America after five years of conspiracy theories

Iraq oil pipeline repaired, full exports to resume in 24 hours
Middle East»

Iraq oil pipeline repaired, full exports to resume in 24 hours

Saturday, 17 September 2016 7:25 AM

Kirkuk link to Turkey's Ceyhan port was halted last Monday due to 'technical defect'

Oil tumbles after both IEA, OPEC see glut persisting
Commodities»

Oil tumbles after both IEA, OPEC see glut persisting

Wednesday, 14 September 2016 9:09 AM

Both world's energy watchdog and OPEC revised forecasts to say market will be oversupplied at least through the first half of 2017.


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