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Market News
March 14, 2021
UAE Resumes Elective Surgeries as Cases Drop, Khaleej Times Says
The United Arab Emirates allowed private hospitals to resume elective surgeries from Sunday, the Khaleej Times reported, as coronavirus cases in the...
March 14, 2021
S&P Says Gulf Banks Face Long Climb to Recovery After 2020 Shock
Lenders in the Gulf Cooperation Council are set to have long-lasting negative effects from last year’s pandemic-driven downturn and lower oil...
March 14, 2021
Gulf Equity Markets Rise, Shrugging Off Lower Crude: Inside EM
Dubai’s equities index led gains in the Gulf Sunday as traders focus on the long-term prospect for oil, shrugging off the first week of decline for...
March 14, 2021
Goldman Predicts Plunge in Gulf Borrowing Needs
The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years from about $270 billion, if oil prices...
March 14, 2021
Beyoncé, Taylor Swift Could Have Historic Night At Grammys
New York (AP) -- It could be a night for the history books for Taylor Swift and Beyoncé at Sunday’s Grammy Awards — for both good and bad...
March 14, 2021
Merkel’s Party Heads for State Defeats and It Could Get Worse
Bavarian Premier Markus Soeder is known for a quick temper, but his outburst last week was exceptional even for his standards and reflected growing...
March 14, 2021
Brexit Hands Traders a Lucrative Way to Play Power Markets
Traders have found a new way to make money in the U.K. electricity market since the country left the European Union.
March 14, 2021
ECB’s Kazaks Says Yield Gains Won’t Always Spur More Bond Buying
The European Central Bank’s faster pace of emergency bond buying to rein in bond yields is a temporary strategy that will only last until the...
March 14, 2021