Page 21 - Qa News Today

Most stock markets in the Gulf were mixed in early trade on Monday after U.S. jobs data pointed to a tight labour market, firming up expectations that the U.S. Federal Reserve will raise interest rates at its meeting next month.

Most stock markets in the Gulf ended lower on Monday after U.S. jobs data pointed to a tight labour market and heightened expectations the U.S. Federal Reserve will raise interest rates at its meeting next month.

Saudi Arabia's stock market finished higher on Sunday, ending two sessions of losses, while the Egyptian bourse extended losses on rising inflation.

Iran and the United States have reached an agreement to exchange prisoners, Iranian Foreign Minister Hossein Amirabdollahian told state TV on Sunday, but Washington denied it as a "false" claim by Tehran.

Major stock markets in the Gulf inched lower in early deals on Thursday, as mounting evidence of a U.S. slowdown fuelled worries about a possible global recession.

Stock markets in the Gulf ended lower on Thursday as mounting evidence of a U.S. economic slowdown fuelled worries about a possible global recession.

The World Bank has revised its 2023 economic growth projection for the oil exporters of the six-member Gulf Cooperation Council (GCC) downwards to 3.2% in its latest update released on Thursday, from 3.7% forecast in October.

Major stock markets in the Gulf were subdued in early trade on Wednesday, as signs of a slowing U.S. labour market made investors nervous about the economic outlook.

Most stock markets in the Gulf ended lower on Wednesday in line with global shares as signs that the economic outlook is weakening spurred caution.

The Middle East has by far the lowest share of clean power in its electricity mix of all regions, but is starting to change that through hefty increases in renewable energy generation capacity.