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Middle East stock markets may follow Saudi Arabia's lead and stabilise on Sunday after brief sell-offs because escalating military conflict in Yemen.
Saudi Arabia's stock market stabilized and turned positive late in the session on Thursday after a sell-off driven by the escalation of conflict in Yemen.
Middle East stock markets fell sharply in early trade on Thursday after Saudi Arabia and allies launched air strikes in Yemen, edging towards a fresh proxy war with Iran. But the Saudi market came well off its lows after an initial plunge.
GCC has almost zero eco exposure to Yemen, may benefit from Yemen conflict if it pushes up global oil prices, analysts said.
CEOs at large U.S. companies collectively realized at least USD 6 billion more in compensation than initially estimated.
Across the Gulf, companies that have traditionally used conventional finance are considering whether to "go Islamic".
One of remarkable things of extraordinary monetary stimulus packages is the trap created by the authorities for themselves.
Stock and bond markets rallied after Federal Reserve sounded less likely to act aggressively in raising interest rates.
Manager of Dubai's Daman Fifth Fund, says there is plenty of upside in GCC markets, despite oil prices plunge.
Equity investors may want to check out a fund that hasn't made an original stock market bet in 80 years.
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|Posted On||Company||Financial Date|
|09 Mar 2015||Ithmaar Bank B.S.C.||New: 31 Dec 2014|
|04 Mar 2015||The Bahrain Ship Repairing and Engineering Company||New: 31 Dec 2014|
|03 Mar 2015||Al Ahlia Insurance Company B.S.C.||New: 31 Dec 2014|
|03 Mar 2015||Arab Banking Corporation (B.S.C.)||Updated: 31 Dec 2013|
|02 Mar 2015||United Gulf Bank B.S.C.||New: 31 Dec 2014|
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|Exchange Name:||Bahrain Stock Exchange|
P.O. Box 3203
|Telephone:||00 973 17261260|
|Fax:||00 973 256362|
|Trading Hours:||Sunday, Monday, Tuesday, Wednesday, Thursday
9:15 - 9:30 Pre-opening
9:30 - 12:30 Continous Trading
All times are local (GMT +3)
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