Search results for "bahrain"



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MIDEAST STOCKS-Strong results, steady Europe buoy most markets

*Dubai's retail investors return to the market. *Dana Gas jumps after collecting some cash in Egypt, Iraq. Dubai's index rose 0.6 percent on the back of lenders Emirates NBD and Dubai Islamic Bank, both of which reported strong profit growth and beat analysts' estimates on Wednesday.
Source: Reuters | By: Olzhas Auyezov
COLUMN-History of controls on U.S. oil exports: Kemp

LONDON, Oct 23- On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Following the U.S. mid-term elections next month, Congress will take up the issue again, a debate that would benefit from an understanding of the history...
Source: Reuters | By: John Kemp
Volatility having 'mixed' impact: Credit Suisse CEO

Brady Dougan, CEO of Credit Suisse, says market volatility is difficult for some parts of the bank but benefiting others.
Source: CNBC.com
MIDEAST STOCKS-Markets rally further on solid Q3 results

*Qatar's Doha Bank disappoints investors. DUBAI, Oct 22- Most stock markets in the Middle East continued to recover from last week's sharp declines on Wednesday thanks to generally strong third-quarter earnings and a supportive global environment. Dubai's bourse rose 2.3 percent, largely on the back of lenders Emirates NBD and Dubai Islamic Bank, both of which...
Source: Reuters | By: Olzhas Auyezov
World's happiest expatriates live here

On top of boasting exquisite fondue, scenic beauty and world-class ski trails, this country is also the best place to be an expat, according to a new survey.
Source: CNBC.com | By: Ansuya Harjani
MIDEAST STOCKS-Markets continue to recover on global lead, Q3 results

*Qatar, Saudi Arabia supported by solid Q3 results. DUBAI, Oct 21- Solid corporate earnings and rebounding global equities lifted most stock markets in the Middle East on Tuesday, while Saudi Arabia led the rally after stabilising oil prices provided additional support to its petrochemical stocks. European shares, which have largely set the direction for...
Source: Reuters | By: Olzhas Auyezov
MIDEAST STOCKS-Markets slide again in line with Europe; Saudi resilient

*UAE, Qatar change direction as Western markets dip. DUBAI, Oct 20- Most Middle Eastern stock markets fell on Monday as a rebound by global equities turned out to be short-lived, but Saudi Arabia's bourse rose after a string of strong quarterly earnings. Stock indexes in the United Arab Emirates and Qatar rose in early trade but quickly gave up all their gains after...
Source: Reuters | By: Olzhas Auyezov
Saudi's NCB pledges conversion to Islamic bank after pressure from scholars

RIYADH, Oct 20- Saudi Arabia's biggest bank has responded to criticism of its operations from Islamic scholars by pledging to convert itself into a full-fledged Islamic bank within about five years. The decision, made as the bank launches a $6 billion initial public offer of its shares, the largest-ever equity sale in the Arab world, shows how Saudi Arabia's...
Source: Reuters | By: Marwa Rashad
MIDEAST STOCKS-Markets rebound as global bourses rally on earnings, sentiment

*Dubai's Arabtec surges after promising Egypt deal soon. DUBAI, Oct 19- Most exchanges in the Middle East rebounded on Sunday after global stock markets recovered on Friday from a big sell-off triggered by worries about the impact of weak earnings reports on growth and businesses. Those worries had sent Middle East bourses tumbling, with Dubai's index down 13.6...
Source: Reuters | By: Olzhas Auyezov
New Gulf projects to hit $180 bln this year despite oil price -study

DUBAI, Oct 16- About $180 billion of contracts for new construction projects will be awarded in wealthy Gulf states this year, the largest amount for six years, despite falling oil prices, according to a study published on Thursday. So far, however, there is no clear sign that cutbacks are looming in the six-nation Gulf Cooperation Council, which comprises Bahrain,...
Source: Reuters | By: Praveen Menon