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[Futuristic Trading Background. Stock Market Candlestick Chart] asbe/iStock via Getty Images Treasury Secretary Scott Bessent said Wednesday that “many” oil-rich U.S. allies in the Persian Gulf and Asia have requested currency swap lines a…
[Panorama of Dubai Marina in UAE, modern skyscrapers and port with luxury yachts] DedMityay/iStock via Getty Images The United Arab Emirates has opened discussions with U.S. officials about possible financial support if the war involving I…
[Panorama of Dubai Marina in UAE, modern skyscrapers and port with luxury yachts] DedMityay/iStock via Getty Images The central bank of the United Arab Emirates (CBUAE) has added more than 30B dirhams ($8.2B) to the country’s banking syste…
[Pipeline Valves at Sunset, Overseeing a Hilly Terrain Under Dramatic Sky 3d image] Gri-spb Gulf Arab states are now considering new pipelines to export oil and gas to avoid the Strait of Hormuz, as Iran seeks to control the waterway, the…
[Strait of Hormuz] Shahid Abdullah/iStock via Getty Images The UAE is preparing to help the U.S. and allies open the Strait of Hormuz by force and is lobbying for a United Nations Security Council resolution for the action, Arab officials…
If you assumed Gulf-country ETFs got crushed during the Iran war, that would be a reasonable guess. Iran has launched missiles and drones at Gulf energy infrastructure, shipping through the Strait of Hormuz has been severely disrupted, and…
[Financial chart with moving up arrow graph in stock market on blue color background] Global equities (URTH [https://seekingalpha.com/symbol/URTH]), (VT [https://seekingalpha.com/symbol/VT]) have fallen 5% since the U.S. and Israel launche…
[Workers at garment factory in Southeast Asia] Liuser/iStock via Getty Images The U.S. has launched trade investigations into 60 economies—including China, the European Union, Canada, Mexico, Japan, India and Russia—to check if they failed…
The conflict has upended long-held assumptions in Gulf markets, pushing investors to factor in new dangers. Continue Reading
[Kingdom of Saudi Arabia, Riyadh, King Abdullah Financial District January 31, 2020 Large buildings equipped with the latest technology] MOHAMED HUSSAIN YOUNIS/iStock via Getty Images Stocks in Saudi Arabia and Egypt declined Sunday, offer…
[Pixel Artificial Intelligence] allanswart/iStock via Getty Images The United Arab Emirates on Saturday announced the 'AI for Development' initiative to expand artificial intelligence infrastructure and AI-enabled services in Africa at a $…
ETFs covering Middle East countries, including Israel and Saudi Arabia, climbed on hopes that U.S. military strikes on Iranian nuclear facilities may create a more peaceful region and boost the nations’ economies. Funds that also hold Qata…
* iShares MSCI UAE ETF (NASDAQ:UAE [https://seekingalpha.com/symbol/UAE]) declared $0.596/share semi-annual dividend. * Payable June 20; for shareholders of record June 16; ex-div June 16. * See UAE Dividend Scorecard, Yield Chart, & Divid…
US stocks (^DJI, ^IXIC, ^GSPC) capped off Tuesday's trading session in positive territory with the S&P 500 and Nasdaq Composite's record highs back in investors' sights. Yahoo Finance markets and data editor Jared Blikre comes on Asking fo…
In this article, we will discuss the 10 best performing country ETFs in 2022. If you want to explore similar ETFs, you can take a look at 5 Best Performing Country ETFs in 2022. ETFs are an attractive option for investors who are looking f…