Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies faced worries about sluggish crude demand growth due to the U.S.-China trade war....
Kuwait Integrated Petroleum
Industries Co (KIPIC) has appointed a unit of U.S. multinational
Honeywell International Inc to provide technology and
production systems to its long-delayed Al-Zour refinery, it said
Saudi Arabia's stock index
declined on Sunday, as political concerns weighed on
investors after Iran's seizure of a British-flagged tanker in
Britain called Iran's action against the Stena Impero in the
Strait of Hormuz on Frid...
Major Gulf markets closed higher on
Tuesday, mostly riding on banks after Egypt's EFG Hermes
forecast a higher second-quarter profit for the Middle East's
financial sector, while Kuwait continued to rise for a...
Most Gulf markets recovered from earlier
losses on Monday to close higher, with Saudi lifted by financial
shares and Kuwait rising for the eighth straight session
following MSCI's decision to include the country in its...
Saudi stocks fell on Sunday in
response to a fall in profits at food company Almarai and
weakness in blue-chip stocks, while the Kuwait index rose for
the seventh straight session buoyed by the recent MSCI move to
upgrade Kuwaiti stoc...
Egypt's blue-chip index snapped four
straight days of gains on Thursday as most of its stocks
dropped, while Kuwait rose for the sixth consecutive session
after MSCI decided to upgrade Kuwaiti equities to its main
emerging markets index.
Most major Middle East markets clawed
back earlier losses on Wednesday largely on back of their
financial stocks, while Kuwait rose for the fifth straight
session after MSCI's decision to upgrade Kuwaiti equities to its
main emerging markets ind...
Saudi Arabia's stock market snapped a
five-day winning streak on Tuesday as most banks dropped, while
Kuwait rose for a fourth straight session after MSCI announced
it would upgrade Kuwaiti equities to its main emerging-markets