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The week ahead: fragile UAE uptrend, Egypt hopes for IMF loan

The week ahead: fragile UAE uptrend, Egypt hopes for IMF loan

After a sharp setback last week, UAE stock markets are now showing high trading volumes. But some say it remains fragile, speculative and depends on a benign global backdrop.

March 15, 2012 11:07
 
Nomura gets Saudi nod to offer stock market access

Nomura gets Saudi nod to offer stock market access

Japanese bank Nomura has gotten regulatory approval to offer foreign investors access to Saudi Arabia's stock market, joining a growing list of banks beefing up their presence ahead of anticipated market liberalisation.

February 27, 2012 1:15
 
Gulf cautious as bargain hunters may eye Qatar

Gulf cautious as bargain hunters may eye Qatar

Gulf markets is likely treading cautiously this Monday as investors globally wait to see if Greece can reach a deal on its debts to avoid a default, while some traders expect Qatar's index to rebound from a three-month low.

January 23, 2012 2:52
 
Saudi downbeat after Sabic Q4 miss

Saudi downbeat after Sabic Q4 miss

Below-forecast earnings from Saudi Basic Industries Corp (SABIC) and Al Rajhi Bank will dampen sentiment on an already downbeat Saudi Arabia bourse on Wednesday.

January 18, 2012 2:04
 
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