Major Gulf markets mixed ahead of Jackson Hole meet - Markets
Major stock markets in the Gulf were mixed in early trade on Wednesday ahead of an annual meeting of central...
Source: brecorder.com
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UAE stocks gain, Saudi slips on first trading day of 2021
UAE stocks gain, Saudi slips on first trading day of 2021 Filed on January 3, 2021 Oil prices are unlikely to mount much of a recovery in 2021 as a new coronavirus variant and related travel restrictions threaten already weakened fuel demand Stock markets in the UAE closed higher on Sunday, starting 2021 on a positive note on hopes that the rollout of a coronavirus vaccine will lift economic activity, while Saudi Arabian shares fell on uncertainty about the outlook for oil prices this year. The UAE on Saturday recorded a fourth straight record number of daily coronavirus cases, with 1...
Source: khaleejtimes.com