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Top related persons:
Dr Sulaiman Al - 3 Md Manzer Hussain - 2 Ateeq - 1 Alison Williams - 1 Daniel Takieddine - 1 Brent - 1 Eileen Soreng - 1 Christopher Waller - 1
Top related locs:
Saudi Qatar OPEC Ateeq Shariff Bengaluru Dubai Abu Dhabi China
Top related orgs:
Habib Medical Services - 3 Thomson - 3 Qatar National Bank - 2 OPEC - 1 Emaar - 1 Emirates Central Cooling Systems - 1 Emirates - 1 Ezdan - 1

Search resuls for: "Dr Sulaiman Al"


11 mentions found


☆ Most Gulf markets gain; Egypt extends losses
  + stars: | 2023-07-09 | by ( Ateeq Shariff | ) www.reuters.com   time to read: +1 min
July 9 (Reuters) - Most stock markets in the Gulf ended higher on Sunday in response to Friday's rise in oil prices, while the Egyptian index extended losses for a fourth session. In Qatar, the index (.QSI) gained 0.3%, led by a 1.8% increase in telecoms firm Ooredoo (ORDS.QA). Outside the Gulf, Egypt's blue-chip index (.EGX30) slid 3.2%, extending losses for a fourth session, as foreign investors continue to sell amid difficult economic conditions locally and internationally. Almost all the stocks on the index were in negative territory including Misr Fertilizers (MFPC.CA), which retreated about 18%. Reporting by Ateeq Shariff in Bengaluru; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.
Persons: Dr Sulaiman Al, Ateeq, Alison Williams Organizations: Habib Medical Services, OPEC, Thomson Locations: Saudi, OPEC, Qatar, Ateeq Shariff, Bengaluru
☆ Gulf bourses end mixed on China growth concerns
  + stars: | 2023-06-20 | by ( Md Manzer Hussain | ) www.reuters.com   time to read: +2 min
China on Tuesday cut two benchmark lending rates by 10 basis points each. Dubai's benchmark index (.DFMGI) extended losses to a second straight session, ending 0.3% lower. Saudi Arabia's benchmark index (.TASI) inched up 0.1%, with Dr Sulaiman Al-Habib Medical Services (4013.SE) rising 0.7% and Company for Cooperative Insurance (8010.SE) climbing 2.3%. "Oil prices remained volatile as Chinese economic recovery continues to fuel concerns among traders, affecting oil demand expectations," said Daniel Takieddine, CEO MENA at BDSwiss. Outside the Gulf, Egypt's blue-chip index (.EGX30) fell 0.4%, extending previous session losses with financial and materials sectors trading in the red.
Persons: Dr Sulaiman Al, Daniel Takieddine, Brent, Md Manzer Hussain, Eileen Soreng Organizations: Emaar, Emirates Central Cooling Systems, Emirates, Qatar National Bank, Ezdan, Habib Medical Services, Company, Cooperative Insurance, Jamjoom Pharmaceuticals, Alpha, Commercial International Bank, Ezz, Thomson Locations: Dubai, Qatar, Saudi, Abu Dhabi, China, Beijing, Alpha Dhabi, Burjeel
☆ Qatar stock market ends lower, Egypt rises
  + stars: | 2023-06-18 | by ( Md Manzer Hussain | ) www.reuters.com   time to read: +2 min
The Qatari Stock index (.QSI) dropped 0.1%, extending its losses to a second session with Gulf's biggest lender Qatar National Bank (QNBK.QA) falling 0.2% and Qatar Islamic Bank (QISB.QA) shedding 1.1%. Among the losers, Lesha Bank (QFBQ.QA) and Dukhan Bank (DUBK.QA) lost 1.1% and 1.3% respectively. Saudi Arabia's benchmark index (.TASI) added marginally as losses in energy and financial sectors countered gains in most of the sectors. Dr Sulaiman Al-Habib Medical Services (4013.SE) climbed 2.5% and Mouwasat Medical Services (4002.SE) surged 6.1%. However, Riyad Bank (1010.SE) and the world's largest Islamic bank by assets Al Rajhi Bank (1120.SE) lost 2.1% and 0.7% respectively.
Persons: Christopher Waller, Dr Sulaiman Al, Md Manzer Hussain, David Evans Organizations: . Federal, United Arab, Qatar National Bank, Qatar Islamic Bank, Lesha Bank, Dukhan Bank, Habib Medical Services, Mouwasat Medical Services, Riyad Bank, Al Rajhi Bank, Co, International Finance Corporation, IFC, Thomson Locations: United States, Saudi Arabia, United Arab Emirates, Qatar, Saudi, El
☆ Most Gulf markets end lower, Egypt ekes out gains
  + stars: | 2023-05-28 | by ( ) www.reuters.com   time to read: +1 min
Most Gulf Cooperation Council countries, including Saudi, have their currencies pegged to the dollar and generally follow the Fed's policy moves, exposing the region relatively directly to any monetary tightening there. Saudi Arabia's benchmark index (.TASI) lost 0.4%, with Al Rajhi Bank (1120.SE) declining 1% and Dr Sulaiman Al-Habib Medical Services (4013.SE) finishing 1.4% lower. Outside the Gulf, Egypt's blue-chip index (.EGX30) gained 0.5%, led by an 11.3% jump in Edita Food Industries (EFID.CA). On the other hand, Egypt has deferred payments for its large wheat purchases, in some cases by months, according to a government official and traders, as the country grapples with a shortage of hard currency. Egypt is one of the world's biggest wheat importers and uses the purchases to make heavily subsidised bread available to tens of millions of people.
☆ Most Gulf markets gain as fears about rapid Fed hikes, bank crisis ease
  + stars: | 2023-03-15 | by ( ) www.reuters.com   time to read: +1 min
The Federal Reserve is seen raising its benchmark rate a quarter of a percentage point next week and again in May. Most Gulf currencies are pegged to the dollar, and Qatar, Saudi Arabia and the United Arab Emirates usually mirror any monetary policy change in the United States. But the index's gains were limited by a 1.5% fall in oil giant Saudi Aramco (2222.SE) as the stock went ex-dividend. The Qatari benchmark (.QSI), however, traded 0.2% lower, dragged down by a 5.8% slide in utility firm Qatar Electricity and Water Co (QEWC.QA) as the stock went ex-dividend. Reporting by Ateeq Shariff in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
☆ Most Gulf markets open lower on weak oil prices, rate-hike bets
  + stars: | 2023-02-27 | by ( ) www.reuters.com   time to read: +2 min
Feb 27 (Reuters) - Most major Gulf markets opened lower on Monday, tracking Asian peers and weaker oil prices, as fears of further rate hikes by the U.S. Federal Reserve dampened investors' risk appetite. Saudi Arabia's benchmark stock index (.TASI) fell 0.2%, extending losses to a seventh consecutive session. The Qatari Stock index (.QSI) eased 0.1%, dragged down by losses in financial stocks. Bucking the trend, Dubai's benchmark index (.DFMGI) rose 0.4%, lifted by gains in property and banking shares. ($1 = 3.7519 riyals)Reporting by Shamsuddin Mohd in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.
☆ Saudi Arabian shares drop on lower oil prices; Egypt rises
  + stars: | 2023-02-05 | by ( Md Manzer Hussain | ) www.reuters.com   time to read: +2 min
Feb 5 (Reuters) - Saudi Arabian stock market closed lower on Sunday, in response to fall in oil prices on Friday amid concern about the European Union embargo on Russian refined products. Meanwhile, Saudi Arabia's Energy Minister warned on Saturday that sanctions and underinvestment in the energy sector could result in a shortage of energy supplies in future. The European Union has imposed a series of sanctions against Russia, reducing Russian energy exports. Saudi oil giant Aramco (2222.SE) sank 1.5%, while the world's largest Islamic bank by market capitalization, Al Rajhi Bank (1120.SE), dropped 1.9%. Qatar's stock index (.QSI) ended down 0.4%, with almost all its constituent stocks in negative territory.
☆ Most Gulf markets ease on economic worries, volatile energy prices
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +2 min
Dec 20 (Reuters) - Major stock markets in the Gulf fell in early trade on Tuesday, with the Saudi index falling the most on economic concerns and volatile energy prices. Saudi Arabia's benchmark index (.TASI) declined 1.3%, with Retal Urban Development Co (4322.SE) losing 1.6% and Dr Sulaiman Al-Habib Medical Services (4013.SE) dropped 4.6%. Last week, the U.S. Federal Reserve and European Central Bank raised interest rates and promised more, adding to concerns of a global economic downturn. Dubai's main share index (.DFMGI) eased 0.1%, weighed down by a 1.8% fall in sharia-compliant lender Dubai Islamic Bank (DISB.DU). The Qatari index (.QSI), however, added 0.2%, helped by a 1.3% rise in Qatar Islamic Bank (QISB.QA).
☆ Major Gulf markets fall in early trade on growth worries
  + stars: | 2022-11-22 | by ( ) www.reuters.com   time to read: +2 min
Nov 22 (Reuters) - Major stock markets in the Gulf fell in early trade on Tuesday on growth worries following COVID-19 flare-ups in China and weak oil demand, with the Qatari index on course to extend losses for a sixth session. Saudi Arabia's benchmark index (.TASI) dropped 0.3%, on course to extend losses for a third session, with Dr Sulaiman Al-Habib Medical Services (4013.SE) losing 2.7% and Riyad Bank (1010.SE) falling 1.1%. Physical crude markets have weakened in recent days, reflecting softer demand from China and Europe. Dubai's main share index (.DFMGI) fell 0.3%, hit by a 0.4% fall in Emirates NBD (ENBD.DU). The Qatari index (.QSI) retreated 0.8%, on course to extend losses for a sixth session, with Qatar Islamic Bank (QISB.QA) dropping 1.6%.
☆ Major Gulf bourses in red ahead of U.S. inflation data
  + stars: | 2022-11-10 | by ( Seun Sanni | ) www.reuters.com   time to read: +2 min
The U.S. consumer price index (CPI) data for October is due at 1330 GMT, with economists polled by Reuters forecasting a decline in both monthly and yearly core numbers to 0.5% and 6.5%, respectively. Dubai's main share index (.DFMGI) fell 0.3%, with blue-chip developer Emaar Properties (EMAR.DU) losing 0.6% and top lender Emirates NBD (ENBD.DU) falling 0.4%. Dubai schools operator Taaleem Holdings announced a price range of between 2.95 dirhams and 3 dirhams per share for its upcoming initial public offering. The company plans to raise 750 million dirhams ($204.21 million) from the IPO to expand its premium schools network. The Qatari index (.QSI) retreated 0.7%, as most of the stocks on the index were in negative territory.
☆ Most Gulf markets subdued, Dubai set to snap four-day gaining streak
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
Oct 19 (Reuters) - Major Gulf stock markets eased in early trade on Wednesday, tracking oil prices lower, with the Dubai index on course to snap four sessions of gains. Crude prices, a key catalyst for the Gulf's financial markets, turned negative and extended losses from the previous session. The United Arab Emirates is committed to increasing its oil production capacity, energy minister Suhail al-Mazrouei said on Tuesday. read moreState-owned Abu Dhabi National Oil Company (ADNOC) is aiming to produce the cleanest barrel on the planet, he told reporters. read more($1 = 3.7565 riyals)Register now for FREE unlimited access to Reuters.com RegisterReporting by Ateeq Shariff in BengaluruOur Standards: The Thomson Reuters Trust Principles.
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