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The enthusiasm triggered by the opening of the Middle East’s largest market to foreigners ended up in a disappointment on its first day after the main stock index rose to as much as 0.5% in the opening minutes and closed Read more
The regulator of the Saudi Arabian stock market has announced the rules that will be governing the much awaited opening of kingdom’s stock market to foreign investors. Among the limitations of the $575 billion bourse is that foreign investors will Read more
Sources familiar with the opening of Saudi Arabia’s stock exchange market to Foreign Investors dossier have hinted that it is scheduled for April 2015. Saudi Arabia has one of the most restricted stock exchange markets that foreign investors have long Read more
The Gulf Cooperation Council (GCC) enjoyed the first two months of the New Year as stocks continue to rise according to a report released by SICO, a Bahrain based brokerage. United Arab Emirates and Qatar head the list of markets Read more
Morgan Stanley Capital International (MSCI) added Qatar and the United Arab Emirates to its list of emerging markets benchmark, as part of a reclassification process that led to a rise in the stock exchange of the two countries. MSCI’s decision Read more