In a research note released last week, the IIF said the oil crash has taken its toll on GCC stock markets which are still well below their average for 2014, with a market capitalisation of US$940bn (68 per cent of GCC GDP). ‘Privatisation plans …
DUBAI: Qatar’s stock market plunged on Monday after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties ... Saudi Arabia and other GCC countries traditionally account for only about 5 to 10 percent of daily trading on the …
CEMEX, S.A.B. de C.V. ("CEMEX") (CX) announced that it has sold 31,483,332 shares of common stock (the "Shares") of Grupo Cementos de Chihuahua, S.A.B. de C.V. ("GCC"), which represents approximately 9.47% of the equity capital of …
"A prolonged or deepening rift between Qatar and its GCC neighbors would potentially have a more marked financial effect and increase funding costs for the sovereign and other Qatari entities," Moody's told clients. It currently rates Qatar at …
The investment seeks- through its investment in the master fund- to reflect the performance of the index- over time- less the expenses of the fund and the master fund--s overall operations. The master fund invests in a portfolio of index …
A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term investments in regional equity markets an attractive investment proposition, the world's largest wealth …
Gulf Cooperation Council (GCC) stock markets achieved gains during the past week due to oil price settlement above $50. Dubai Financial Market (DFM) achieved a high growth rate of 3.31% and closed at 3,371 points, reaching weekly …
DUBAI, June 5 (Reuters) - Qatar’s stock market plunged on Monday after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with Doha, accusing it of supporting terrorism. The Qatari stock index sank 7.6 percent in the …
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