News Analysis

Annual revenues for Dubai hotels will reach $495 million by 2019
19 February 05:56 PM Dubai luxury spas to grow by 10.7% to 2021; Oman, Bahrain outperform
Dubai - Mubasher: Dubai’s 5-star hotel spas are expected to grow by a 10.7% compound annual growth rate (CAGR) by 2021, according to data released by Colliers International. The number of 5-star hotel spas in Dubai is set to rise to 157 by 2021 …
The oil-rich nation exported 7.05 million bpd in the last month of 2017
19 February 04:50 PM Saudi oil exports rise by 29,000 bpd in December – JODI
Riyadh – Mubasher: Saudi Arabia's crude oil exports increased by 29,000 barrels per day (bpd) on a monthly basis during December 2017. The oil-rich nation exported 7.05 million bpd in the last month of 2017, the Joint Organisations Data …
TASI grew 19.8 points, or 0.26%, to 7,528.24 points.
19 February 04:18 PM TASI rises, Nomu tumbles at Monday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the green after its benchmark Tadawul All Share Index (TASI) grew 19.8 points, or 0.26%, to 7,528.24 points. TASI’s trading volume reached 147.65 million on Monday, against …
Male investors’ stood at 3.68 million by the end of Q4-17
19 February 03:16 PM Tadawul's female investors hike to 989,700 end Q4-17 – CMA
Riyadh – Mubasher: The number of female investors at the Saudi Stock Exchange (Tadawul) rose 1.8% or 17,800 year-on-year in the fourth quarter of 2017. Female investors’ number reached 989,700 in Q4-17, compared to 971,900 in the same period a …
NOMU remained unchanged at the same levels of Sunday’s session.
19 February 11:16 AM TASI falls, Nomu stable at Monday’s open
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) started Monday in the red after shedding 2.07 points, or 0.03%, to 7,506.37 points. By 10:45 am KSA time, TASI’s traded volume reached 27 million shares, through 17,900 …
TASI’s trading volume stood at 163.27 million shares on Sunday
18 February 04:19 PM TASI, Nomu fall at Sunday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Sunday in the red after its main Tadawul All Share Index (TASI) slipped 2.03 points, or 0.03%, to 7,508.44 points. TASI’s trading volume stood at 163.27 million shares on Sunday, against …
China is the largest foreign holder of US government debt
18 February 01:29 PM KSA's US Treasury holdings hit $147.4bn in December
Riyadh – Mubasher: Saudi Arabia raised its holdings of the US Treasuries by 43.4% year-on-year or $44.6 billion in December 2017. The kingdom’s holdings of the US’ bonds and treasury bills (T-bills) amounted to $147.4 billion during the last month …
By 10:50 am KSA time, TASI’s trading volume reached 49.5 million shares
18 February 11:21 AM TASI up, Nomu down early Sunday
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) went up 29.3 points, or 0.39%, to 7,539.77 points in Sunday’s early trade. By 10:50 am KSA time, TASI’s trading volume reached 49.5 million shares, through 22,000 …
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17 February 12:16 AM KSA, IFAD agreement to benefit 30,000 farmers
Mubasher: The Saudi Ministry of Environment, Water and Agriculture said that the agreement with the International Fund for Agricultural Development (IFAD) will have 30,000 beneficiaries. The aim of the agreement is to help small farmers in Jizan, …
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15 February 07:45 PM TASI ends week in gains despite global plunge
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) saw a positive performance this week despite being affected by the slump in global markets, as the main index closed on gains The Tadawul All Shares Index (TASI) rose by 1.45% or 107.3 points, …
TASI’s traded volume stood at 153.62 million shares on Thursday
15 February 03:59 PM TASI, Nomu rise at Thursday’s close
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Thursday in the green after its benchmark Tadawul All Share Index (TASI) surged 1.22%, or 90.76 points, to finish the last session this week at 7,510.47 points. TASI’s traded volume …
The food and beverage products' segment made up 70% of the market
15 February 01:28 PM GCC food, beverage sector to hit $196bn by 2021 – Report
Dubai – Mubahser: Food and beverage sector in the GCC is expected to increase by 7.1% a year to reach $196 billion by 2021, compared to the current $130 billion, MENA Research Partners said in a report on Thursday. Saudi Arabia acquired more than …
NOMU slipped 0.01%, or 0.34 points, to 3,090.30 points.
15 February 11:17 AM TASI up, Nomu edges down at Thursday’s open
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) started Thursday 0.75%, or 55.40 points, higher to 7,475.11 points. By 10:31 am KSA time, TASI’s trading volume reached 25.84 million shares, through 13,170 transactions, …
Global oil prices increased noticeably on Tuesday
15 February 10:26 AM Kuwait’s crude oil down 20 cents on Wednesday – KPC
Mubasher: The price of Kuwait’s crude oil decreased by 20 cents to settle at $58.91 per barrel (pb) on Wednesday compared to $59.11 pb on Tuesday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC). At the global level, …
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15 February 04:26 AM Saudi insurance sector facing uncertainties
Riyadh - Mubasher: Al Rajhi Capital Research believes growth rates for the Saudi insurance sector would be at the best tepid or negative in the short to medium term as there are other challenges offsetting these benefits. This is mainly in the …
Several investors search for investments in the Saudi properties sector
14 February 06:24 PM Saudi non-hydrocarbon sector pushes up growth in 2018
Riyadh – Mubasher: Saudi Arabia’s gross domestic product (GDP) is expected to grow 2% in 2018 and 2.8% in 2018, JLL’s country head of Saudi Arabia Ibrahim Al Buloushi stated. Investment opportunities in Saudi Arabia are laying the foundations for …
Global is a regional asset management and investment banking firm
14 February 04:53 PM Kuwait’s Global backs Turkish Yargıcı in franchising in GCC
Mubasher: Global Investment House announced that Yargıcı Konfeksiyon Ihracat ve Ticaret, one of the leading women fashion retail brands in Turkey since 1978 has recently signed master franchise agreements with two major retailers in the GCC to …
SIEC led Tadawul’s risers, surging 9.9%
14 February 04:47 PM TASI, Nomu end Wednesday higher
Riyadh – Mubasher: The benchmark index of the Saudi Stock Exchange (Tadawul) closed Wednesday’s trading session at a slight rise despite the drop in liquidity to November-lows, while the parallel market index maintained a three-day rising streak. …
TASI inched up  0.01%, or 0.58 points, to 7,713.14 points
14 February 11:28 AM TASI, Nomu rise at Wednesday’s open
Riyadh - Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) inched up  0.01%, or 0.58 points, to 7,713.14 points in Wednesday’s early trading. By 10:47 am KSA time, TASI’s trading volume hit 18.97 million shares, through 14,530 …
TASI’s trading volume stood at 151 million shares on Tuesday
13 February 04:38 PM TASI falls 13 pts, Nomu adds 90 pts Tuesday
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) closed Tuesday in the red after its benchmark Tadawul All Share Index (TASI) tumbled 0.18%, or 13.01 points, to 7,412.56 points. TASI’s trading volume stood at 151 million shares on Tuesday, …
TASI’s trading volume hit 41 million shares, through 24,600 deals, generating SAR 812.01 million
13 February 11:26 AM TASI up, Nomu stable at Tuesday’s open
Riyadh – Mubasher: The Saudi Stock Exchange’s Tadawul All Share Index (TASI) increased 0.1%, or 7.6 points, to 7,433.19 points in Tuesday’s early trading. By 10:58 am KSA time, TASI’s trading volume hit 41 million shares, through 24,600 …
Qatar cuts oil production to 596,000 bpd in January 2018
12 February 06:04 PM Qatar cuts oil output to 596,000 bpd in January - OPEC
Mubasher: Qatar reduced oil production by 6,700 barrels per day (bpd) in January 2018 under the decision taken by the Organization of Petroleum Exporting Countries (OPEC) which requires members to trim oil production. Oil output from the world’s …
The picture for family businesses across the GCC seems relatively optimistic
12 February 05:24 PM GCC family business optimistic about economic growth – Survey
Mubasher: Family-run businesses in the Gulf region remain highly resilient at the beginning of 2018, according to a recent report titled “GCC Family Business Survey 2017” by KPMG. This positive outlook proves once again that this major segment of …
TASI levelled up 1.34%, or 98.42 points, to finish at 7,425.57 points.
12 February 04:02 PM TASI, Nomu close Monday higher
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) closed Monday in the green, hitting the highest level in 21 sessions. The benchmark Tadawul All Share Index (TASI) levelled up 1.34%, or 98.42 points, to finish at 7,425.57 points. TASI’s …
Regulators have enhanced their monitoring and supervision methodologies
12 February 12:46 PM GCC gov'ts far from resolution regimes for conventional, Islamic banks - S&P
Mubasher: GCC banks adopt many of the best practices and international regulations when they are put into effect, but the region's governments take a long time to implement resolution regimes, S&P Global Ratings said in a report on Monday.   On …