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MIDEAST STOCKS Explosion at Jebel Ali Port sent tremor through Gulf bourses

MIDEAST STOCKS Explosion at Jebel Ali Port sent tremor through Gulf bourses
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

MIDEAST STOCKS Major Gulf markets gain, Qatar set to snap 4-day losing streak

Reuters 3 minute read An investor looks at the screen at the Dubai International Financial Market in Dubai, UAE February 7, 2018. REUTERS/Satish Kumar Major stock markets in the Gulf rose in early trade on Tuesday, with the Qatari index marking a gain after four straight sessions of losses. Saudi Arabia s benchmark index (.TASI) added 0.6%, led by a 0.8% rise in Al Rajhi Bank (1120.SE) and a 3% leap in Riyad Bank (1010.SE). Saudi Arabia, the world s largest oil exporter, is facing a sharp recession because of the coronavirus crisis and depleted oil revenues. In Qatar, the index (.QSI) rose 0.7%, with petrochemical maker Industries Qatar (IQCD.QA) advancing 3.3%.

Du Q1 net profit surges 38 7% to $70m

Du Q1 net profit surges 38 7% to $70m
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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