Saudi’s main stock market just logged its biggest single-day rally in five years, jumping over 5% on Wednesday, after it was ...

Many high-quality oil stocks have been under considerable pressure lately. In fact, many have been in bear markets for well over a year. For instance, one of my favorite oil services sector leaders, ...

Saudi Arabia’s stock market surged — adding $124 billion to its market capitalization — after Bloomberg reported that the ...

Saudi Arabia's benchmark stock index surged 4.9%, on track to mark its largest single-day gain in over five years, driven by ...

Saudi Arabia’s benchmark index surged 5.1%, recording its biggest single-day gain in more than five years, on market-wide ...

Major stock markets in the Gulf were mixed in early trade on Tuesday as the prolonged U.S. government shutdown tempered sentiment, despite support from higher oil prices.

Saudi Arabia's stocks posted their biggest daily rise since 2020 on Wednesday, following a report that the markets regulator may ease rules capping foreign ownership of listed companies. The Saudi ...

The Saudi stock market edged lower on Thursday as investors locked in profits from the previous day's strong rally, driven by news of potential reforms to foreign ownership rules, while markets in UAE ...

Crude oil futures stumbled to their third straight daily loss Wednesday on continuing worries over a potential OPEC+ production increase, while government data showed U.S. crude inventories climbed by ...

This article was written by Bloomberg Intelligence Senior Industry Analyst Edmond Christou. It appeared first on the Bloomberg Terminal. UAE lenders’ forward price-to-book ratio of 1.4x vs. Saudi ...