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Tag: mideast
Mideast Stocks-Major bourses dragged lower by weaker oil, global equities
2016-02-07 17:04:25| Chemicals - Topix.net
DUBAI, Feb 7 Major stock markets in the Middle East fell on Sunday after oil prices pulled back and global bourses sold off at the end of last week. The correlation between oil prices and Gulf equity markets has strengthened in recent months with many investors believing markets will continue to trade in almost lockstep with crude prices in the near term.
Mideast Stocks-Saudi, Egypt fall as oil, global bourses decline
2016-01-26 15:10:45| Chemicals - Topix.net
Jan 26 Bourses in Saudi Arabia and Egypt fell in early trade on Tuesday as investors cashed out following a resumption in declines of global stocks and worries over further weakness in oil markets. Brent broke below $30 a barrel in Asian trade, as fresh worries about oversupply from top producers Saudi Arabia and Iraq spooked the market.
Mideast Stocks-Petrochemical stocks may boost Saudi; buyers wary
2016-01-12 09:18:11| Chemicals - Topix.net
Jan 12 Petrochemical stocks could bolster Saudi Arabia's benchmark on Tuesday, while other Middle East bourses will be lacklustre as selling pressure ebbs and buyers await fourth-quarter results. Saudi Basic Industries may extend gains, following Monday's 3.3 percent climb, after the company said production at an affiliate's polyacetal plant will start in 2017.
Tags: buyers
saudi
stocks
boost
Mideast Stocks-Petrochemicals regain some strength in Saudi; Egypt tumbles
2016-01-10 10:44:02| Chemicals - Topix.net
Jan 10 A return of some strength to beaten-down petrochemical stocks helped support Saudi Arabia's stock market early on Sunday, while Egypt fell sharply because of a shaky outlook for the Chinese economy and global markets. The Saudi index, which had plunged 4.5 percent on Thursday, was down only 0.2 percent in the opening minutes of trade.
Tags: strength
egypt
saudi
regain
CMT's 3rd MidEast & Africa Coatings Market Returns To Dubai With Leading Industry Panel
2015-12-18 05:12:04| surfacefinishing News Articles
The demand for paints and coatings is projected to manifold in the next decade in the Middle East & Africa led by the largest markets in the respective regions, Saudi Arabia and South Africa, with major domestic and international players already tapping into the market opportunities.
Tags: market
industry
returns
leading