western asia


Abu Dhabi's Wealth Fund Picks Up Minority Stake In Mobikwik For $20 Million

Banking - Published date: .

UAE's sovereign wealth fund Abu Dhabi Investment Authority has picked up a minority stake in the IPO-bound digital payme... Read more

Lufthansa To Operate Flights Between India And Germany Via Bahrain

Banking - Published date: .

Lufthansa said it will operate its 10 weekly flights between India and Germany via Bahrain instead of Dubai from Sunday ... Read more

RIL Seeks Nod To Bring In Israeli Experts For Covid-related Training

Banking - Published date: .

Reliance Group signed a $15 million deal in January with BOH to distribute the firm's swift Covid-19 breath testing syst... Read more

ETF Edge: Want To Invest In Saudi Aramco? Theres An ETF For That.

Markets - Published date: .

One of the easiest ways to get in on the Aramco action is to invest in the iShares MSCI Saudi Arabia ETF, which is the o... Read more

Futures Movers: Oil Futures Mark Lowest Settlement Of The Month So Far

Markets - Published date: .

Oil futures fall sharply on Tuesday to mark the lowest settlement so far this month, pressured by expectations for a fou... Read more

Futures Movers: Oil Up Nearly 4% For Week On Reported Progress In U.S.-China Trade Talks, Rise In Middle East Tensions

Markets - Published date: .

Oil prices climb Friday to tally a gain of nearly 4% for the week as reported progress in U.S.-China trade negotiations ... Read more

Futures Movers: Oil Settles Lower, Loses Nearly 4% For The Week

Markets - Published date: .

Oil futures finish lower Friday as a spate of news reports tied to Iran sanctions, a cease-fire between Saudi Arabia and... Read more

Futures Movers: U.S. Oil Trims Losses, Brent Ends Higher As Pentagon Announces Move To Support Saudi Arabia Following Recent Attacks

Markets - Published date: .

U.S. oil prices trim their losses on Thursday and global benchmark prices finished higher as the Pentagon announced that... Read more

Futures Movers: Oil Rebounds As Doubts Emerge Over Saudi Arabias Ability To Bounce Back From Attacks

Markets - Published date: .

Oil futures bounce back Thursday, finding support after a report Saudi Arabia contacted foreign producers for crude as i... Read more

Bond Report: Treasurys Rally On Middle East Tensions

Markets - Published date: .

Treasury prices are rising Wednesday, pushing yields lower, after Iran says it is willing to retaliate against any measu... Read more

Market Extra: Energy Junk Bonds See Bounce Following Saudi Oil-facility Attack, Soaring Crude Prices

Markets - Published date: .

Oil futures saw their biggest gains in a decade Monday, after Saturday’s attack on Saudi oil facilities shocked market... Read more

Bond Report: Treasury Yields Tick Higher After Trump Calls Off Iran Military Strike

Markets - Published date: .

Treasury yields rise Friday after news reports said President Donald Trump declined to launch military strikes against I... Read more

Market Snapshot: S&P 500 Poised To Pull Back After Notching First Record Since April

Markets - Published date: .

Stock-index futures edge back Friday after the S&P 500 rang up its first record since April, amid testiness between ... Read more

Bond Report: 2-year Treasury Yield Note Hits 1 ½-year Low As Rate-cut Bets Accelerate

Markets - Published date: .

U.S. Treasury prices rise Thursday, pulling yields lower, as investors’ expectations for interest-rate cuts gain groun... Read more

Bond Report: 2-year Treasury Yield Note Hits 1 ½-year Low As Rate-cut Bets Accelerate

Markets - Published date: .

U.S. Treasury prices rise Thursday, pulling yields lower, as investors’ expectations for interest-rate cuts gain groun... Read more

This Is The Biggest Saudi IPO In Almost Five Years — And The First To Be Sold Directly To U.S. Investors

Markets - Published date: .

Arabian Centres is the country’s largest shopping mall developer. Read more

Are Stock-market Investors Ignoring Iran Just Like They Ignored China?

Markets - Published date: .

Investors were arguably too complacent about U.S.-China trade tensions. Some analysts wonder if they’re making the sam... Read more

Market Extra: Strait Of Hormuz: Oil Choke Point In Focus As U.S. Ends Iran Oil Waivers

Markets - Published date: .

Geography could matter for investors around the world if Tehran moves to close or at least hinder the world’s busiest ... Read more

The Tell: Erdogans Election Setback Sparks Investor Uncertainty About Turkeys Lira, Financial Markets

Markets - Published date: .

Turkish President Recep Tayyip Erdogan suffers a blow in local weekend elections, setting the stage for more near-term u... Read more

Key Words: Nobel-winning Economist Krugman Warns That A U.S. Recession Looms In 2019

Markets - Published date: .

Nobel laureate Paul Krugman says he sees a good chance of a recession hitting the U.S. within a year. Read more