Thomson Reuters (Markets) Middle East Limited

Saudi Arabia's biggest pharmacy firm Nahdi in early talks for IPO -sources

It is 50% owned by Jeddah-based Islamic investment firm Sedco Capital
Reuters News - 17 hours ago
Mideast Stocks: Factors to watch on July 6

Asia shares climb as China blue chips hit 5-year peak
Reuters News - 23 hours ago
Cathay Pacific considers drier storage options for unused planes

More than 50 widebodies could be sent to the desert - source
Reuters News - 1 day ago
Mideast Stocks - Banks buoy Saudi index; other major Gulf markets quiet

Dubai's main share index edged up 0.2%
Reuters News - 2 days ago
Mideast Stocks - Factors to watch on July 5

Qatar leads most of Gulf higher; property shares hurt Dubai
Reuters News - 2 days ago
Oman seeks $2bln bridge loan, says source confirming LPC

The Gulf state was in talks with banks earlier this year about funding options
Reuters News - 03-Jul-2020
Abu Dhabi's Etihad auditing Pakistan-issued pilot licences amid concerns

We have worked closely with the (UAE) General Civil Aviation Authority to verify the qualifications and licenses of the Pakistani pilots employed by Etihad: spokeswoman
Reuters News - 02-Jul-2020
Dubai's Emirates NBD to raise $750mln in perpetual bonds -document

The bank is offering investors a 6.125% yield for the paper
Reuters News - 02-Jul-2020
MOVES-Standard Chartered names CEO of Saudi business - memo

Yazaid al-Salloom as chief executive officer of its business in Saudi Arabia
Reuters News - 01-Jul-2020
Mideast Stocks: DAMAC surges on buyout report

Saudi Arabia's benchmark index added 0.4%
Reuters News - 01-Jul-2020
UAE's ADNOC sets July Murban crude official selling price at plus $1/bbl - document

Raising it by $5.45 from the previous month
Reuters News - 01-Jul-2020
Abu Dhabi's Masdar to boost its renewable capacity on new projects- CEO

Masdar is eyeing new projects in Saudi Arabia, the United States as well as in eastern and central Europe and southeast Asia
Reuters News - 01-Jul-2020
Middle East Crude-Benchmarks mixed; Saudi Arabia may raise August OSPs

Middle East crude benchmarks Oman and Dubai were mixed on the first day of the front-month September trading cycle
Reuters News - 01-Jul-2020
UAE seeks to verify credentials of Pakistani pilots in its airlines

Pakistan grounded the pilots on June 26 on suspicion that they allegedly falsified their examinations to qualify for flying aircraft
Reuters News - 01-Jul-2020
Mideast Stocks: Masraf Al Rayan boosts Qatar, DAMAC surges on buyout report

Dubai's main share index gained 0.7%
Reuters News - 01-Jul-2020
Saudi Arabia may raise August crude oil prices to Asia - survey

Three sources from Asian refineries expect the August OSP for flagship Arab Light crude to rise
Reuters News - 01-Jul-2020
Dubai's DAMAC shares up 11% on report of acquisition interest

DAMAC's chairman is weighing buying out minority shareholders and taking the company private
Reuters News - 01-Jul-2020
Mideast Stocks: Factors to watch on July 1

Asian shares inch higher as data drives rebound hopes
Reuters News - 01-Jul-2020
OPEC oil output sinks as Saudi deepens cuts and others cut more, survey shows

OPEC and its allies in April agreed to a record output cut
Reuters News - 30-Jun-2020
GCC economies expected to shrink by 7.6% this year - IMF

Jihad Azour, director of IMF's Middle East and Central Asia Department, was speaking at a virtual economic forum
Reuters News - 30-Jun-2020
Oman crude OSP rises to $41.58/bbl for August -DME data

The August Oman OSP is the average of the daily Oman settlements at 0830 GMT in June for the front-month contract OQc1
Reuters News - 30-Jun-2020
Saudi economy contracts by 1% in Q1 amid oil price plunge

This negative growth originated mainly from the contraction in the oil sector by 4.6%, while the non-oil sector recorded a positive growth rate of 1.6%: General Authority for Statistics
Reuters News - 30-Jun-2020
Emirates NBD hires banks for perpetual dollar bonds -document

The bank has hired Emirates NBD Capital, HSBC and Standard Chartered to coordinate the potential deal, with Bank of America, Citi, and First Abu Dhabi Bank also involved
Reuters News - 30-Jun-2020
Saudi regulator allows SMBC unit to arrange securities deals

SMBC Advisory Services Saudi Arabia is now authorized to conduct arranging activity in the securities business: Saudi CMA
Reuters News - 30-Jun-2020
Mideast Stocks: Factors to watch on June 30

Asia stocks up as China PMI, U.S. data cheer markets worried over coronavirus surge
Reuters News - 30-Jun-2020
Bahrain to pay 50% of wages for private firms hit by coronavirus - BNA

The new payments would start in July
Reuters News - 29-Jun-2020
Japan's SMFG brokerage arm to set up office in Abu Dhabi

Japanese brokerage firms are focusing more on their overseas strategies and are looking abroad to raise revenue
Reuters News - 29-Jun-2020
Saudi ACWA Power to hit $10bln target of new 2020 investments despite virus

The company is still committed to a planned initial public offering, although execution will depend on the right timing and market conditions: Chief Executive
Reuters News - 29-Jun-2020
Mideast Stocks: Factors to watch on June 29

Asia stocks wary as coronavirus threatens economic reopening
Reuters News - 29-Jun-2020
Uber's Middle East business Careem sees ride-hailing recovery next year

Dubai-headquarterd Careem will fast-track plans to add more features to its 'Super App' that has expanded to also include some payment services
Reuters News - 28-Jun-2020
Mideast Stocks - Factors to watch on June 28

Most Gulf shares fall as virus cases rise, banks support Saudi
Reuters News - 28-Jun-2020
Emirates will have to review strategy after coronavirus pandemic - COO

Emirates would focus on getting more passengers to visit Dubai while continuing to "connect the world" through the hub-and-spoke model it relied on for over three decades
Reuters News - 25-Jun-2020
Gulf coronavirus infections surpass 400,000, Reuters tally shows

As of Wednesday evening, the tally in the energy producing region stood at 403,163 infections, with 2,346 deaths, according to a Reuters tally
Reuters News - 25-Jun-2020
Middle East Crude-Benchmarks rise; ESPO premium weakens

Middle East crude benchmarks Oman and Dubai rose on Thursday, while activities winded down for the August trading cycle
Reuters News - 25-Jun-2020
Mideast Stocks: Factors to watch on June 25

Stocks sell-off as coronavirus surge knocks recovery hopes
Reuters News - 25-Jun-2020
NMC administrators consider sale of international fertility business -sources

NMC's fertility business in the UAE is not for sale
Reuters News - 24-Jun-2020
Mideast Stocks: UAE bourses gain in early trade while Saudi, Qatar dip

Dubai's main share index added 0.6%
Reuters News - 24-Jun-2020
Emirates suspends flights from Pakistan after passengers test positive for coronavirus

The Dubai state carrier, which is operating limited services due to the coronavirus pandemic, said the temporary suspension was effective June 24
Reuters News - 24-Jun-2020
Mideast Stocks: Factors to watch on June 24

Asia stocks touch 4-month top on dogged optimism
Reuters News - 24-Jun-2020
UAE's ADNOC to keep tight lid on cost amid market downturn, CEO says

Sultan al-Jaber also said that ADNOC will continue to work with strategic investors to attract foreign capital and focus on maximizing value from its resources
Reuters News - 23-Jun-2020
ADNOC inks $10bln deal, keeps tight control of costs amid market downturn

The investors will acquire a 49% stake in ADNOC Gas Pipeline Assets
Reuters News - 23-Jun-2020
Mideast Stocks: Factors to watch on June 23

Asian stocks swing wildly on U.S.-China trade deal mix-up
Reuters News - 23-Jun-2020
DP World hires banks for perpetual Islamic bonds - document

The Dubai-based company would use the proceeds for general corporate purposes, including refinancing, the document from one of the banks showed
Reuters News - 22-Jun-2020
Mideast Stocks: Factors to watch on June 22

Stocks try to shake off second wave virus fears
Reuters News - 22-Jun-2020
Egypt buys 59,000 tonnes of soyoil in local tender -trade

Egypt's state buyer GASC bought 59,000 tonnes of soyoil at its latest local buying tender
Reuters News - 21-Jun-2020
Mideast Stocks - Factors to watch on June 21

Most major Gulf indexes gain ahead of OPEC+ meet
Reuters News - 21-Jun-2020
Saudi Arabia coronavirus cases exceed 150,000 -health ministry

Saudi Arabia is considering drastically limiting numbers at the annual haj pilgrimage to prevent a further outbreak of coronavirus cases
Reuters News - 19-Jun-2020
Aramco CEO says to use cash, debt to pay dividends

"It will be a combination of both," Amin Nasser told reporters
Reuters News - 18-Jun-2020
Divers cut, plant coral off UAE coast to build reef

The small team and other volunteers have planted more than 9,000 corals over about 600 square metres in the past year
Reuters News - 18-Jun-2020
Mideast Stocks: Factors to watch on June 18

Global stocks retreat on rising second wave fears
Reuters News - 18-Jun-2020

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