The Qatar Stock Exchange (QSE) plans to launch margin-trading and covered short-selling to capitalise on the inclusion this week of Qatari equities in the MSCI emerging markets index. UAE shares are also to be included in the index at the…
Day: May 24, 2014
Iraq oil production rose by more than 100,000 b/d in April: OPEC
Iraq’s oil production rose to 3.3m b/d in April, more than 100,000 b/d above the figure reported in March, figures in the monthly OPEC Oil Market report show. Aggregate oil output by the six OPEC Gulf states in April was 21.9m b/d,…
IMF says Saudi growth to continue, surplus to decline
The IMF has given Saudi Arabia another positive report following the annual Article IV consultation visit to the kingdom earlier this month. “The economic outlook in Saudi Arabia remains favorable. Growth above 4 percent is expected in 2014 and 2015,…
GCC stock market capitalisation rises above $1trn: NBK
GCC equity markets rose by more than 20 per cent in the first four months of 2014 to $1.14tn, according to a report issued today by the National Bank of Kuwait (NBK). “By the end of April, the region had…