Gulf stocks recover partly, Dubai closes up 4.6pcGulf stock markets rose on Tuesday, led by Dubai, as firmer oil prices and stronger Asian bourses encouraged Gulf investors to buy shares back after heavy sell-offs in the past several days. Dubai's index, which had plunged 11 More… |
Gulf must work hard for emerging market statusGulf stock markets will miss out on getting on the global investment map unless regulators take concrete action to address concerns raised by MSCI, who denied the region emerging market status for the second year running. The index provide More… |