Gulf stays sluggish but Saudi’s PetroRabigh surges on strong results
Saudi Arabia’s stock market stayed soft in early trade on Tuesday despite a big rebound by petrochemical company…
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ECB tells banks to set aside more cash on bad loans
European Central Bank (ECB) will ask euro zone banks from next year to set aside more cash to cover newly…
Saudi stock may be hurt, Kuwait uninspired by FTSE’s index decisions
Saudi Arabia’s stock market may fall on Sunday after index compiler FTSE decided to delay including Riyadh in its…
Qatar’s decline intensifies as insurer’s Abu Dhabi branch shut
Qatar’s stock index was down again on Monday as shares in Qatar Insurance tumbled after it announced the closure of…
State-run Food Industries Holding seen Cairo bourse listing after restructuring
Egypt is restructuring its state commodity buyer, Food Industries Holding Company (FIHC), before studying the…
Egyptian currency float boosts foreign investment: chairman
Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country…
Twitter no longer at death’s door as earnings report approaches
Twitter Inc heads toward its quarterly earnings report on Thursday with a stock that has risen more than 40…
European stocks close sharply lower as euro surges
Bourses in Europe closed sharply lower on Friday as euro strengthened and fresh corporate earnings failed to…
Snap closes below $17 IPO price amid fears insiders to dump shares
Shares of Snap on Monday fell below their IPO price for the first time, just ahead of a crucial period for the…
Millennial love for Snapchat extends to stock
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the…
