MIDEAST STOCKS-Markets may weaken as oil slips near $30 – Reuters

DUBAI Feb 11 Stock markets in the Middle East may come under pressure on Thursday after oil prices reversed back near $30, although Egypt may find support from a blue-chip lender’s strong earnings. Brent futures are now slightly above $30 a barrel – a psychologically important level for investors in the Gulf. Since the start […]

The Mideast countries hardest hit by oil prices – CNBC

Of the individual players in the region, Qatar, Abu Dhabi, and Kuwait are more resilient to oil shocks than Saudi Arabia, Oman, and Bahrain. Their high per capita hydrocarbon production has ensured they can break even fiscally even if oil prices are low and has enabled them to accumulate ample foreign exchange assets. Their policy […]

Chattanooga shooting investigation spans U.S., Mideast – CBS News – CBS News

Chattanooga shooting investigation spans U.S., Mideast – CBS News – CBS News

Federal officials are digging deeper into the life of the man who killed five service members in Tennessee, while officials in Jordan have been questioning the man’s relatives about his recent trip there. On Monday night, the FBI visited an apartment to learn more about Mohammod Youssuf Abdulazeez. They were looking to interview a friend […]

MIDEAST STOCKS-Positive global backdrop may support markets – Reuters

DUBAI Nov 10 (Reuters) – A positive global environment and recovering oil prices may support markets in the Middle East on Monday, although falling trade volumes in Dubai and Abu Dhabi could indicate potential weakness. Asian shares gained on Monday morning after U.S. jobs data pointed to solid economic growth and Chinese inflation and foreign […]

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