{"id":12701,"date":"2020-07-27T17:05:52","date_gmt":"2020-07-27T17:05:52","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=12701"},"modified":"2020-07-27T17:05:52","modified_gmt":"2020-07-27T17:05:52","slug":"gulf-markets-little-changed-in-early-trade","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade","title":{"rendered":"GULF MARKETS LITTLE CHANGED IN EARLY TRADE"},"content":{"rendered":"

AfricaPress-Tanzania:<\/strong> MAJOR Gulf stock markets were little changed early on Sunday, with the Saudi index slipping slightly on declines among energy companies.<\/p>\n

Saudi Arabia\u2019s benchmark index dipped by 0.3%, driven down by a 0.9% fall for oil giant Saudi Aramco and a 1.8 % drop for Rabigh Refining and Petrochemical Company. Al Rajhi Bank, however, firmed by 0.2% despite a fall in second-quarter profit.<\/p>\n

The value of kingdom\u2019s oil exports dropped by 65% year on year in May, representing a fall of nearly $12 billion, official data showed on Thursday. Dubai\u2019s main share index added 0.2%, with lender Emirates NBD rising 0.7% and Emaar Properties up 0.4%.<\/p>\n

Separately, Dubai logistics company Tristar has approached investment banks to look at a potential initial public offering in Dubai, Reuters reported, citing two sources, after plans for a London listing were shelved last year.<\/p>\n

In Abu Dhabi, the index edged up 0.1% , helped by a 4.5% rise in aquaculture company International Holding and a 1.8% gain for Aldar Properties. The Qatari index traded flat as petrochemicals company Industries Q atar retreated 1.1%.<\/p>\n

The Gulf state has reiterated its commitment to resolving the long-running diplomatic dispute with some of its neighbours via peaceful and diplomatic means, state news agency Q NA said on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Tanzania: MAJOR Gulf stock markets were little changed early on Sunday, with the Saudi index slipping slightly on declines among energy companies. Saudi Arabia\u2019s benchmark index dipped by 0.3%, driven down by a 0.9% fall for oil giant Saudi Aramco and a 1.8 % drop for Rabigh Refining and Petrochemical Company. Al Rajhi Bank, however, […]<\/p>\n","protected":false},"author":84,"featured_media":12679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5034,5033,5032],"class_list":["post-12701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-index-trade","tag-qatari","tag-saudi-arabia"],"yoast_head":"\nGULF MARKETS LITTLE CHANGED IN EARLY TRADE - Tanzania<\/title>\n<meta name=\"description\" content=\"MAJOR Gulf stock markets were little changed early on Sunday, with the Saudi index slipping slightly on declines among energy companies.Saudi Arabia\u2019\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GULF MARKETS LITTLE CHANGED IN EARLY TRADE\" \/>\n<meta property=\"og:description\" content=\"MAJOR Gulf stock markets were little changed early on Sunday, with the Saudi index slipping slightly on declines among energy companies.Saudi Arabia\u2019\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-27T17:05:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/77063c2b98e2f1d19e1bc93520111a76.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"660\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"GULF MARKETS LITTLE CHANGED IN EARLY TRADE\",\"datePublished\":\"2020-07-27T17:05:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\"},\"wordCount\":206,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/07\/77063c2b98e2f1d19e1bc93520111a76.jpg\",\"keywords\":[\"index trade\",\"Qatari\",\"Saudi Arabia\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/economy\/gulf-markets-little-changed-in-early-trade\",\"name\":\"GULF MARKETS LITTLE CHANGED IN EARLY TRADE - 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