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Topic

Major stock markets in the Gulf

Major Gulf markets gain as financial shares rise

Major Gulf markets gain as financial shares rise

Published 22 Jun, 2021 06:33pm
  • Dubai airport targets 28mn passengers this year.
  • Abu Dhabi opens up free COVID-19 vaccines to tourists.
  • Qatar to tap debt markets only on 'opportunistic' basis in 2021.
Rising oil prices, economic recovery lift Gulf stocks

Rising oil prices, economic recovery lift Gulf stocks

Published 14 Jun, 2021 06:40pm
  • Brent was up 64 cents, or 0.9%, at $73.34 a barrel.
  • Saudi Arabia's benchmark index added 0.2%, with Al Rajhi Bank gaining 3.1%.
  • The Qatari benchmark finished 0.7% higher, buoyed by a 2% gain in petrochemical firm Industries Qatar.
Saudi leads major Gulf markets higher; Egypt slides

Saudi leads major Gulf markets higher; Egypt slides

Published 25 May, 2021 07:07pm
  • Egypt's blue-chip index declined 2.1%. Most of the stocks on the index were in negative territory, including Commercial International Bank, which dropped 2%.
  • Saudi Arabia's benchmark index finished 1.3% higher, buoyed by a 1.8% rise in Al Rajhi Bank and a 5.7% jump in Riyad Bank.
Mixed close for Gulf bourses

Mixed close for Gulf bourses

Published 20 Apr, 2021 04:00am
DUBAI: Major stock markets in the Gulf had a mixed session on Monday, with property shares weighing on the Dubai...
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