Major Gulf markets mixed in early trade
Major stock markets in the Gulf were mixed in early trade on Wednesday amid rising recession fears in the United States, with the Saudi index on course to end five-day winning streak.
Source: reuters.com
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Saudi shares advance after Eid while Abu Dhabi dips on oil uncertainty
Saudi Arabia's stock market ended higher on Tuesday after a five session break for the Muslim festival of Eid al-Fitr, while the Abu Dhabi index, which resumed trading on Monday, closed lower.
Source: reuters.com
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UAE bourses end higher on hope of Fed rate hike pause
Stock markets in the United Arab Emirates (UAE) ended higher on Monday on the expectation that the U.S. Federal Reserve is nearing the end of its monetary policy tightening cycle.
Source: reuters.com
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Latest status on foreign states' Sudan evacuation efforts
Sudan's sudden slide into conflict between the army and Rapid Support Forces (RSF) paramilitary group has stranded thousands of foreigners, including diplomats and aid workers, and countries are working to evacuate their nationals.
Source: reuters.com
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Most Gulf markets in red ahead of Eid break, interest rate hike worries
Most stock markets in the Gulf ended lower on Wednesday in thin trade ahead of Eid al-Fitr holidays and weighed by concerns around interest rate hikes, with the Dubai index leading the losses.
Source: reuters.com