Reforms fail to lift Saudi stock market, Gulf bourse dips
Gulf stock markets fell back Tuesday because of lower oil prices and a lack of positive drivers, while Saudi…
Browsing Tag
oil prices
Oil gloom hurts General Electric’s earnings
The global oil-market rout continued to weigh on General Electric Co., which posted a quarterly fall in operating…
European stocks retreat on weaker commodities
European equities retreated Wednesday from their three-month highs, mirroring losses in Asia, with a fall in oil…
Oil prices bounce after stockpile data; dollar gains
Oil prices jumped Wednesday as government data showed U.S. crude stocks increased slightly less than expected last…
Gulf bourse rises as Saudi Q1 earnings please, oil holds up
Most Gulf stock markets surged early Tuesday as several Saudi Arabian companies beat first-quarter earnings…
Saudi stocks fall moderately after oil tumbles
Saudi Arabia's stock market dropped moderately in early trade Monday after oil producers meeting in Doha on Sunday…
Gulf stock markets may rise on hopes for Doha oil meeting
Oil producers are close to reaching a deal to freeze output at a meeting in Doha Sunday, sources told Reuters,…
Fitch downgrades Saudi Arabia ratings to AA- from AA
Fitch Ratings downgraded Tuesday Saudi Arabia’s long-term issuer default rating to AA-from AA, and said its oil…
Dubai stocks lead advance in gulf bourses as oil roses above $40
Gulf Arab stocks surge after oil, the region’s main source of income, rebounded to the highest level this year.…
No more “free” Saudi money for Egypt: Saudi businessman
Saudi Arabia's financial support for strategic ally Egypt will no longer involve "free money" and will increasingly…