Recovery in Asia to boost Qatar’s exports
The exports from Qatar are expected to rise this year as Asian countries are projected to register strong growth this…
Trading, Broking & Stock Exchanges
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MSM index rises 11 points
Muscat Securities Market (MSM) general index on Wednesday added 11.3 points, comprising a rise by 0.31 per cent to close…
Finablr names new CEO ahead of takeover by Israeli-UAE consortium
Finablr Plc said on Tuesday its Chief Executive Officer Bhairav Trivedi would step down from his role and be replaced…
Qatar trade surplus at QR9.1bn in November
Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR9.1bn in…
Dubai’s Empower awards $380m in construction contracts, up 23% since 2019
Dubai’s Emirates Central Cooling Systems Corporation awarded construction contracts worth $380 million in 2020, a year-on-year increase of 23 percent.…
Foreign and Arab institutions increasingly turn net buyers on QSE
Foreign and Arab institutions were increasingly net buyers and the Gulf funds were seen bullish on the Qatar Stock Exchange,…
Saudi trade exchange with Arab states hits $40.10bln in 10 months
Saudi Arabia’s trade exchange with Arab states declined in the first ten months of 2020 given the impact of the…
UK's Sainsbury's picks National Bank of Oman for Middle East operations
The National Bank of Oman has been chosen as the onshore banking partner for the distribution arm of UK’s retail…
Morocco plan to repay IMF credit hints at economic turnaround
Morocco pledged to soon repay part of a $3bn International Monetary Fund credit facility, suggesting the kingdom’s economy may have…
Abu Dhabi Securities Exchange lists Zee Stores on its second market
Abu Dhabi Securities Exchange has announced that Zee Stores P.J.S.C, has listed its shares on ADX’s Second Market under the…
Egypt central bank forecast to keep interest rates unchanged
Egypt's central bank is set to leave its main interest rate on hold on Thursday, a Reuters poll showed, possibly…
Most major Gulf stocks rise; Qatar slips
Most major stock markets in the Gulf recovered some losses on Tuesday, a day after registering steep declines caused by…