Middle East
Along with smartphones able to do seemingly everything on the planet but fixing dinner, one wouldn't wager the farm on starting a new single-function device, which only merely shoots movie.
However in spite of the odds, Jonathon Kaplan, Cisco's Senior Vice-President associated with Customer Products, handled to do just that Flip digital camera that does not only shoots two hours of video on a single cost, this crisply captures moving pictures in high definition 720p.
Telecom companies in the Middle East take centre stage in the upcoming week as a consolidation phase is expected to start, but weak earnings in the third quarter from major Arab banks in the gulf could drag the stocks down. A rare M&A play, which followed a flurry of debt issuances in late September, and a buzz of at least two IPO upcomings, has maintained the hopes in investors that the dormant acquisitions and mergers market in the region is returning back to life.
Dow Jones Indexes, a leading provider of global index, made an announcement about the launch of Dow Jones MENA Broad Stock Market and Dow Jones Saudi Titans 30 Indexes. The Dow Jones MENA Broad Stock Market Index will be measuring the performance of stocks that have high trading volumes. These stocks are either large-cap or mid-cap equities that are traded in the stock markets of Middle East and North Africa (MENA) region.
Saudi Arabia’s stock market, Middle East’s most liquid stock market, is due to be removed from MSCI Barra indices, an influential index provider, after negotiations taking place over licensing could not decide anything. Considering how important Saudi Arabia is, fund managers that invest money in Middle Eastern markets and benchmark themselves against regional indices of MSCI Barra, will have to go for a substitute measure very soon. Standard & Poor’s Pan Arab Index is most likely the substitute measure.
Thomson Reuters, the global information group has announced the commencement of the supply of real-time information from the Lusaka Inventory Exchange (LUSE) to improve fairness trade opportunities for its local and international customers.
The global info group Public Relations Manager for Middle East and Africa Candice Sgroi mentioned in a press release these days that the introduction with the real-time marketplace data for investors and traders utilizing Thomson Reuters Eikon would consist of the bid and ask price, volumes, and marketplace depth.
“Armed using the real-time info, Thomson Reuter’s customers will be able to make effective buying and selling choices and increase the fairness trading opportunities,” Ms Sgroi said.
Page 1 of 2
