Other Gulf markets also took a dive, reflecting global trends as countries around the world grapple with Trump's shock tariffs affecting US allies and rivals alike.

Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boost the safe-haven asset, while stock markets bounced on hopes US lawmakers will avert a government shutdown.

Toronto, Canada -- For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza. Nvidia, which makes the processors that are the only option...

GCC equity markets experienced a March downturn, influenced by seasonal selling pressure during Ramadan, leading to a 3.0% drop in the MSCI GCC index with Qatar suffering the steepest decline at 6.0%.

The Dow Jones Industrial Average dropped 0.8 percent.

He reportedly intends to sell, next July, 50 million shares of the group.

Riyadh, Saudi Arabia - The Saudi capital market has witnessed a surge in foreign investments, with the value soaring by 300% over the past five years. From 2018 to the end of 2022, the foreign investments totaled SAR 347.01 billion ($92.53 billion), according to the Capital Market Authority (CMA). This...

The news of system glitch sent Toyota's stocks into the red, trading 0.64 percent lower at 2,421.0 yen. But the shock selling seemed to have slowed before the midday break in Tokyo markets.

The market has raised prices in response to Saudi production cuts, anticipating tighter supplies. This shows producers' efforts to prevent oil prices from dropping significantly.

Hunt, whose official title is chancellor of the exchequer, will lay out plans for an "entirely new kind of stock market" that will allow private companies to access capital markets without floating. He is also expected to detail plans to simplify the rules for buying and selling shares.

This trend has been particularly emphasized with Blackrock, one of the world's most influential fund managers, applying for what could be the US's first Bitcoin spot exchange traded fund (ETF). Approval of this ETF could mark a significant moment for crypto, potentially sparking a surge in investment from institutional investors,...

London rose but Frankfurt and Paris slipped in muted trade during a holiday-shortened week, while Asian indices slipped lower. "Markets are drifting as investor thoughts start to turn towards the scale of severity, as the likelihood of a recession later in the year in the US increases," said Richard Hunter,...

The move sends sent global banking shares sputtering, as markets fretted over possible contagion from America's biggest banking failure since the 2008 financial crisis.

Adani himself issued a video statement on Thursday in which he insisted that the "fundamentals of our company are very strong, our balance sheet is healthy and assets robust". The slide in Adani's personal wealth has seen him fall out of the top 10 real-time Forbes rich list and overtaken...

Microsoft will acquire a holding worth $1.8 bn at current prices.

If the official consumer price data Wednesday come in above analysts' forecasts, the markets could see a sharp sell-off, analysts warned. With inflation already at the highest level in 40 years, concern is growing that further interest rate increases by the world's major central banks could go too far and tip...

Adding to the uncertainty was a fresh flare-up of coronavirus cases in parts of China that has seen some cities locked down as part of officials' zero-Covid policy.

Asian and European stock markets nursed losses Wednesday on resurgent fears that sharp interest rate hikes aimed at tackling runaway inflation could spark recession.

It was a week of mixed fortunes for various stock exchanges of the GCC, with TASI remaining flat through the week, even as Abu Dhabi's index began posting gains on Frdiay.

The UAE and Saudi stock exchanges posted losses this week, taking cue from the world markets that fell in reaction to galloping inflation, and rate hikes by central banks in many countries.

In a week truncated by the Eid holidays across the Middle East, stocks on the UAE exchanges shed gains, while there was no trading in Saudi Arabia because of Eid al-Fitr.

What are the top constituents of stock exchanges spread across the GCC countries? Here’s our infographic.

The main Saudi index had a variable week, the Abu Dhabi exchange suffered a slight decline, while, the main index in Dubai closed unchanged.

Against the backdrop of mounting concerns about the supply of crude oil, the stock markets in Saudi Arabia and the UAE remained subdued this week.

From the UAE to Saudi Arabia, the main indexes made up for their losses as the week came to a close.

DEWA shares soared 19% in the first minutes of trading on Tuesday.

The GCC's main indices closed higher toward the end of week, spurred by higher oil prices. The Saudi index "TASI" reached 13,314 points, achieving an increase of 0.4 percent on Thursday, its last trading day. At the same time, the Dubai index increased by 0.2 percent during the week as...

The two bourses have been adhering to the Monday-to-Friday workweek — the norm across most of the world — since the beginning of the current calendar year.

The UAE and Saudi stock markets posted considerable gains this week even as oil prices took a dip with the US tapping into its reserves to tame high crude oil prices.

The Abu Dhabi Stock Exchange achieved weekly gains of 1.7 percent, while that for the Dubai stock exchange was 1.9 percent.

After a week of losses, the Saudi index posted 0.9 percent increase even as the uncertainty spurred by the Ukraine conflict continued to weigh on the capital markets across the globe.

Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

In an exclusive interview, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev speaks on his strategy to attract investors from the Arab world, especially the UAE and the GCC.

The ruble-dominated Moex index opened down 13.97 percent, while the dollar-dominated RTS was down 20.16 percent.

The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.

From oil prices to company stocks buoyed by positive results, several factors resulted in changes in key benchmark indices.

The net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).

Mark Zuckerberg lost some $25 billion in value.

The Emirati indices managed to show gains throughout the week, while the Saudi index was unchanged.

Here is a comparison between the top equity markets in the Middle East, and how they stack up against a couple of their global counterparts.

Despite an increase in Omicron cases across the world, investors remain confident in the Saudi stock market. The UAE markets, meanwhile, stay cautious.

A new year saw quite some ups and downs in the top stock markets in the region, even as the UAE markets adjusted to a Monday-to-Friday workweek.

The Gulf financial markets ended 2021 on the rise, waiting to achieve significant gains next year.

Having more than trebled in value to $60,000 between December 2020 and April, bitcoin has lost some shine to trade at under $50,000 heading into the new year.

The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.

Global cues and local developments could not dampen the overall improvement.

The Saudi and Abu Dhabi indices saw a choppy week, while the Dubai markets saw some good gains.

Stock exchanges in the GCC region saw quite a few ups and downs this week.

Middle East markets were spared the November 26 bloodbath because they were closed on Friday and Saturday.

Firms linked to travel were among the worst affected as investors fretted over the possibility of more government-mandated restrictions.