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Arab stock markets experienced steady growth in January, marking a second consecutive month of gains, with the composite index rising by 0.97%. Casablanca's stock exchange led the way with a 9.98% increase, followed by Kuwait and Amman at 5.73% and 5.11%, respectively, driven by strong corporate earnings and supportive monetary policies.While most markets thrived, Egypt, Qatar, Palestine, and Dubai saw modest growth of less than 1%. Notably, the Palestinian market recorded a remarkable 261.4% surge in traded value, contrasting with declines in Dubai, Egypt, and Muscat.
Yemen is set to sign an agreement with the Arab Monetary Fund to reschedule its debt, including loan repayments, amid ongoing economic challenges exacerbated by over a decade of conflict and external shocks. Finance Minister Salem bin Breik highlighted the impact of suspended oil exports, which previously accounted for 65% of state revenues, and security issues on the economy. Since August 2023, Yemen has initiated financial reforms aimed at improving tax efficiency and diversifying non-oil revenues, with close coordination with the Arab Monetary Fund for progress assessments.
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Arab markets experience steady growth driven by corporate earnings and policy shifts
10:32 28.02.2025
yemen to reschedule debt with arab monetary fund amid economic challenges
06:08 11.02.2025
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