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Stock markets in the Gulf weakened in early trade on Wednesday after oil prices plunged 8 percent overnight, prompting some local investors to take short-term profits in equities.
Bahrain-based alternative investment fund Investcorp posted a 12% rise in first-half net profit.
Stock markets in the Gulf may weaken further on Wednesday after oil prices plunged 8% overnight on a gloomy outlook for U.S. and global demand.
Once known as happy Arabia, Yemen has been disfigured by 10 months of war into one of worst humanitarian crises in world.
Declining oil revenues has presented challenges to political, social and economic order, intensifying pressure for change.
Companies seek to safeguard growth for when market recovers, while US firms abandon deepwater projects for shale oil fields.
Strain on Iraq's budget from oil prices is delaying removal of IS explosives in Ramadi and restoration of basic services.
Dubai-based executive may be pawn in Iran's factional struggle, each with economic as well as political interests.
The recapture of Aden by Gulf Arab coalition troops last summer has failed to provide any respite from Yemen's civil war.
Many Middle East fund managers have become less bearish towards bonds, a monthly Reuters survey shows.
Featuring comprehensive coverage of conventional bonds activity in the MENA region.More in the Bonds Monitor
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Latest spreadings of companies financials.
|Posted On||Company||Financial Date|
|10 Feb 2016||Al Salam Bank - Bahrain B.S.C.||New: 31 Dec 2015|
|10 Feb 2016||Bahrain Duty Free Shop Complex Company BSC||New: 31 Dec 2015|
|10 Feb 2016||Zain Bahrain B.S.C.||Updated: 31 Dec 2014|
|10 Feb 2016||Delmon Poultry Company B.S.C.||New: 31 Dec 2015|
|09 Feb 2016||BBK B.S.C.||New: 31 Dec 2015|
Data currently unavailable for the market.
Too much of a good thing may be a bad thing. This could be the case of the drastic drops in oil prices.06-02-2016
We are living in a strange world with desperate central bankers.02-02-2016
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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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