Bloomberg Qatar’s stock market led the Gulf higher early on Tuesday, boosted by a surge in blue chips such as Qatar National Bank (QNB), while Dubai tested technical resistance. The Qatari stock index climbed 2.1 percent as QNB, the country’s biggest bank, jumped 4.4 percent to 165.00 riyals in unusually heavy trade, rising above resistance on last September’s peak …

Bloomberg A rally in emerging-market assets ran out of steam after a Federal Reserve official said markets are underestimating the likelihood of a U.S. rate increase this year. The MSCI Emerging Markets Index surrendered a ninth day of gains after New York Fed President William Dudley said borrowing costs could go up as soon as next month. The currency gauge …

  Dubai / Emirates Business The Dubai Future Accelerators (DFA) programme received an unprecedented number of submissions for the first cycle of its programme, which begins September 12. Over 2,200 companies from 73 countries, on all 7 continents, applied to be a part of the first cycle of the program; including one submission from scientists in Antarctica! Applications poured in …