Edition:
United Kingdom

Saeed Azhar

MIDEAST STOCKS-Saudi surges on oil prices, Kuwait gains on FTSE Russell inclusion

25 Sep 2018

DUBAI, Sept 25 Saudi stocks rose 1.8 percent on Tuesday on the back of a surge in oil prices, while Kuwaiti shares gained on hopes of more foreign fund flows after inclusion in the FTSE Russell emerging market index.

Private equity investors weigh exit from UAE school operator GEMS-sources

24 Sep 2018

LONDON/DUBAI/ABU DHABI, Sept 24 A group of private equity investors, including Fajr Capital, Blackstone and Bahrain's Mumtalakat, is weighing the sale of their combined stake in the emerging market business of UAE-based GEMS Education, three sources said.

UPDATE 1-MIDEAST STOCKS-Saudi hits 6-month low, Egypt slips on emerging market woes

16 Sep 2018

* DSI pares some early losses after key shareholder's statement

MIDEAST STOCKS-Saudi hits new 6-month low, Egypt slips on emerging market woes

16 Sep 2018

* DSI pares some early losses after key shareholder's statement

MIDEAST STOCKS-Saudi extends losses on emerging market turbulence

06 Sep 2018

DUBAI, Sept 6 Saudi stocks extended losses on Thursday after a 3 percent plunge a day earlier, as investors were rattled by turbulence in emerging markets, while other Gulf markets were mixed with Dubai shares lifted by property stocks.

MSCI to launch tradeable index with Saudi exchange in Q4

04 Sep 2018

DUBAI, Sept 4 Global index provider MSCI said on Tuesday it had signed an agreement with the Saudi Stock Exchange Co (Tadawul) to jointly launch a tradeable index later this year in a move that could spur the growth of derivatives and exchange-traded funds.

MIDEAST STOCKS-Saudi falls for 3rd day as most Gulf markets slip on global trade woes

02 Sep 2018

DUBAI, Sept 2 Most Gulf markets ended lower on Sunday, with the Saudi bourse falling for a third straight day amid investor concern about the impact that trade disputes involving the United States could have on the global economy and equities.

RPT-Bruised bankers seek consolation prizes after shelved Aramco IPO

02 Sep 2018

* Bankers disappointed after months preparing Aramco IPO deal

Bruised bankers seek consolation prizes after shelved Aramco IPO

31 Aug 2018

DUBAI/LONDON Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms.

Shelved Aramco IPO hits at heart of Saudi prince's reforms

24 Aug 2018

DUBAI/RIYADH Saudi Arabia's decision to shelve what was billed as the biggest share sale ever is a major blow to the credibility of Crown Prince Mohammed bin Salman but there are other ways to finance reforms to strengthen the economy, bankers and investors say. | Video

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