IMF praises Saudi reform goals, resilient system
Reforms have helped Saudi Arabia strengthen the financial system while the banking sector is well positioned to…
Browsing Tag
oil prices
Shell expects quarterly profits fall 70% as low oil price bites
European oil majors Royal Dutch Shell and Total reported a sharp fall in profits in the second-quarter of 2016, as…
Gulf stocks move little, Emaar retreats from chart barrier
Stock markets in the Gulf were little moved in early trade Wednesday, dampened by weak oil prices and mixed…
U.S. Stocks end slightly lower as oil slide weighs
U.S. stocks ended lower in light volume trade on Monday, with energy stocks lagging as oil prices briefly hit their…
Dow drops 100 points; oil hits 3-month low
U.S. stocks traded lower on Monday, with energy stocks weighing as oil prices fell, as investors looked ahead to…
Gulf bourses may trade narrowly as oil prices remain weak
Gulf stock markets may trade in a narrow range Monday as Asian share prices are flat and oil prices are staying…
Gulf stocks retreat as oil’s fall outweighs Q2 earnings
Gulf stock markets dropped Sunday as sharp falls in oil prices late last week outweighed a few positive corporate…
Gulf bourses soft as oil’s decline outweighs Q2 earnings
Gulf stock markets were soft in early trade Sunday as weaker oil prices at the end of last week outweighed a few…
Gulf stock markets tumble on oil and earnings
Most Gulf stock markets dropped on Thursday amid soft oil prices and mixed corporate earnings. Dubai's index edged…
Europe stocks hold gains before ECB, euro surges
European stocks traded near a four-week high on Thursday and the euro strengthened before the European Central…