LONDON: Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 percent as protectionism in the global steel sector gathers pace amid a flood of cheap sales
DUBAI: Dubai International Airport recorded a 23.2 percent jump in passenger traffic in May reflecting runway maintenance a year earlier, the operator of the world’s busiest airport by international t
SINGAPORE: Vietnam’s top fuel importer, Petrolimex, and Kuwait Petroleum Corp.
DUBAI: Drake & Scull, the Dubai-based engineering and construction company, increased the limit for which nationals from the Gulf Cooperation Council (GCC) can hold their shares to 100 percent from 49
SEOUL: The South Korean government on Friday agreed to inject $20 billion into the flagging economy, which has been hit by the MERS virus outbreak and sluggish consumption.
LONDON: Marks & Spencer is expected to report that underlying sales in its non-food business fell in its latest quarter, dashing investor optimism that a corner had finally been turned when it deliver
LONDON: Britain is reducing the maximum bank deposit it will protect if a lender fails by 10,000 pounds to 75,000 pounds ($117,255) from the end of this year, the Bank of England said.
LUANDA: France and Angola have signed business agreements covering a wide range of economic sectors from oil to hotels, which are potentially worth several hundred million dollars, French officials sa
JEDDAH: The Saudi stock market fell in the first half of this year.
RIYADH: With Saudi Arabia being a predominantly oil-based economy, major changes in the price of oil are likely to be followed by sentimental as well as real changes in the stock market.
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