Markets
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Markets — page 2
UAE Non-Oil Sector Growth Hits Fastest Pace Since December 2024
The UAE's non-oil private sector expanded at its fastest pace in eight months during August, with the PMI climbing to 55.3. New orders and export demand accelerated significantly, though hiring remained constrained by regional uncertainty.
Gold ETP Flows Surge as Investors Rebuild Bullion Exposure
European gold exchange-traded products attracted over $5 billion in the first three weeks of August, extending a rebound from July. Global gold ETF assets reached $530 billion with year-to-date inflows of $11 billion.
GLDUSIAUUS
Saudi Stocks Lead GCC Rally as Oil, Earnings Lift Markets
Saudi Arabia's Tadawul All Share Index surged 5.07% in August to a four-month high, led by financial stocks and supported by elevated oil prices and strong Q2 earnings. The rally marked the best GCC performance for the month.
ADX Stocks: H1 2026 Earnings and Key Results
Abu Dhabi-listed companies showed resilience in H1 2026 with aggregate profits rising 38% year-on-year, driven by strong performances in banking, real estate, and energy logistics, though gas and petrochemicals faced headwinds.
Nvidia Doubles Revenue Again. Here Is Where the Exposure Sits in GCC ETFs
Nvidia delivered triple-digit revenue growth, with earnings now accessible to Gulf investors through locally listed ETFs in Abu Dhabi and Saudi Arabia. The chip giant's record results reflect surging global AI spending and offer direct exposure opportunities for GCC portfolios.
MSCI Rebalance Could Reshape UAE Trading on Monday
UAE equity markets face a significant rebalance on August 31 as MSCI adds Emirates Integrated Telecommunications Company (du) to the UAE Standard Index, with estimated passive inflows around $340 million.
Qatar Lost $24 Billion in LNG Sales, but Its ETFs Tell a Different Story
Qatar's liquefied natural gas exports plummeted 96% since the U.S.-Iran war began, resulting in $24 billion in lost sales. However, this massive economic disruption barely registers in Qatar's equity ETFs because state-owned QatarEnergy is not publicly listed.
QATUS