Middle-east Arab News Opinion | Asharq Al-awsat

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 17, 2017. REUTERS/Brendan McDermid

Wall Street Loses Investors’ Trust after Trump’s ‘Broken Promises’

by Asharq Al-Awsat | Aug 20, 2017 | Business

London- US stocks lost ground late to end lower on Friday triggered by investors’ worrisome in regard of the Trump administration’s ability to implement its pro-growth agenda, following changes in the White House. The Dow Jones Industrial Average .DJI fell...

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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser

Appointment of Crown Prince Pushes Stock Market above 7,300 Points

by Shuja Al-Baqmi | Jun 22, 2017 | Business

Riyadh- The Saudi stock market has achieved on Wednesday the highest daily gains in two years, in the first session following the appointment of prince Mohammed bin Salman as a crown prince. The stock market succeeded on Tuesday in entering the watch-list of MSCI...

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A man is seen inside the Shanghai Stock Exchange in Pudong financial district. REUTERS file photo

Dilemma of Investing in Stock Market

by Jeff Sommer | May 26, 2017 | Business

Individual stocks can be hazardous to your financial health. You may not want to hear that right now, with the stock market regularly hitting new highs. The Standard & Poor’s 500-stock index set another record on Wednesday after reaching a new high on Monday. It...

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An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser

Saudi, Qatar’s Stock Markets Rebound while Rest of the Region Weakens

by Asharq Al-Awsat English | Aug 28, 2016 | Business

Saudi Arabia and Qatar’s stock markets made a partial recovery from last week’s losses on Sunday. Other Gulf markets dropped in quiet trade and Egypt sank as the government was hit by a corruption scandal in its wheat industry. Saudi Arabia’s index, which...

Abu Dhabi Banks Soar on Merger Talks

by Asharq Al-Awsat English | Jun 19, 2016 | Business

Shares in Abu Dhabi banks soared on Sunday after National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) confirmed they were holding merger talks. NBAD and FGB confirmed in a brief statement they were discussing a merger or combination of their businesses, in what...