Economy



Insurance, retail sectors show nominal gains

JEDDAH: Saudi Arabia’s benchmark Tadawul stock Index closed lower to 9,753.32, shedding more than 48 points or 0.49 percent on Wednesday. It performed within a trading range of 65 points.



Banknote printer looks for security solutions growth

LONDON: British banknote printer De La Rue aims to find new opportunities in security solutions while boosting efficiency at its core currency business, it said after posting a 22 percent fall in oper



Karachi stocks index closes 1 percent higher

KARACHI: Pakistani stocks ended higher, with the government’s aggressive growth targets for the upcoming budget for fiscal year 2015-16 renewing investor interest.



Production resumes at Renault plant

ISTANBUL: Production has resumed at the Turkish arm of French automaker Renault, the company said, after employees ended a more than week-long protest and went back to work.



Resurgent dollar weighs on oil

NEW YORK: Oil was under pressure on Wednesday as a resurgent dollar weighed on crude prices ahead of inventory data expected to show whether fuel demand was accelerating with the peak US driving seaso



Partners from KSA and Gulf to form new hospital network

DUBAI: Saudi Arabia has the advantage of being an emerging economy where there is a surge of innovation, technology and knowledge.






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