It was the first attempt by the GCC to meet since a deep rift earlier this year when three of its members -- Saudi Arabia, the United Arab Emirates and Bahrain -- imposed an economic embargo on a fourth, Qatar. Usually attended by heads of state ...
CNN Money · 6mon
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 manager said. UBS said in a ...
The state-owned entities (SoEs), such as social security and pension funds, sovereign wealth funds (SWFs), ministries and governments are important institutional investors in the GCC stock markets. An analysis of publicly listed stocks in GCC revealed that ...
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 first hour of trade.
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 transactions of AED 2.1bn.
The capital market regulators of GCC nations have discussed a proposal to create a central regulatory body to regulate stock markets in the region. This was taken up at the 14th meeting of the committee of the presidents of GCC securities commissions held ...
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 first hour of trade.
Reuters · 1y