JEDDAH: Switzerland’s Tourism has recorded an increased number of visitors from Saudi Arabia. The country has marked 23 percent more visitors from the GCC.
FRANKFURT: Shares in Deutsche Bank rocketed up more than 16 percent on the Frankfurt stock exchange on Wednesday, swept up by speculation Germany’s biggest lender may launch a bond buyback to assuage
NEW YORK: Goldman Sachs Group Inc.
JEDDAH: GCC states may have to look at innovative dorms of finance to pay for its big infrastructure bill, according to Standard & Poor’s Ratings Services
HELSINKI: Swedish furniture retailer Ikea is recalling two types of ceiling lamps because of a risk that the glass shades might fall and injure people.
LONDON: OPEC pointed to a larger oil supply surplus on the world market this year than previously thought as Saudi Arabia and other members pump more oil, helping to make up for losses in non-member p
Developments in China are affecting markets globally. The economic slowdown and financial instability are part of the problem, but the main reason behind the market slump is Chinese policy.
LONDON: BP boss Bob Dudley said he was “very bearish” on oil prices for the first half of 2016, but forecast supply and demand would balance in the second half.
RIYADH: The Saudi Stock Exchange will start trading one hour earlier at 10:00 local time (07:00 GMT) effective from April 3, it said in a statement, as part of a move which also extends opening hours
ISLAMABAD: Pakistan said it had signed a 15-year import deal for up to 3.75 million tons of liquefied natural gas (LNG) per year from top producer Qatar, a major step in plugging the country’s energy
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