Bloomberg Television published this video item, entitled “Mideast Latest: Saudi Stocks Gain, Abu Dhabi Royal Has a New Firm” – below is their description.
Saudi stocks extended gains as optimism about lower interest rates outweighed sliding oil prices. Abu Dhabi’s largest listed company, led by Sheikh Tahnoon bin Zayed Al Nahyan, is setting up a new holding firm with assets worth 100 billion dirhams ($27 billion). Bloomberg’s Farah Elbahrawy reports.
For in depth coverage of these stories and much more from across the Middle East, click here: https://www.bloomberg.com/middleeast
Bloomberg Television YouTube Channel
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