Edition:
United States

Saeed Azhar

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

Sep 16 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

Sep 16 2018

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

MIDEAST STOCKS-Saudi extends losses on emerging market turbulence

Sep 06 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

Sep 04 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

Sep 02 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

Sep 02 2018

* Bankers disappointed after months preparing Aramco IPO deal

Bruised bankers seek consolation prizes after shelved Aramco IPO

Aug 31 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

Aug 24 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

MIDEAST STOCKS-Abu Dhabi bucks trend as Turkey concerns weigh on Gulf markets

Aug 15 2018

DUBAI, Aug 15 Abu Dhabi shares ended 1.1 percent higher on Wednesday, bucking weakness in other major Gulf markets which were dragged down by concerns about the Turkish economy as market activity slowed ahead of a Muslim festival next week.

Exclusive: Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout - sources

Aug 12 2018

DUBAI/RIYADH/LONDON Saudi Arabia's Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk's proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

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