NEW DELHI: Jet Airways, India’s second-biggest carrier, has forecast a return to profit in three years through cost-cuts, route-sharing with new partner Etihad Airways and restructuring of hefty debt.
Economists have welcomed the Cabinet’s decision to allow foreign investment in Saudi stock market.
DUBAI: Egypt’s bourse added 1.1 percent after pulling back in the previous two sessions in response to a surprise interest rate hike by the central bank and the deepening crisis in the Palestinian ter
NEW YORK: Brent crude oil futures edged higher in choppy trading, as traders searched for direction amidst political tensions in Ukraine and Gaza, and US prices were supported by expectations of a dro
JEDDAH: Saudi Arabian food company Savola Group said its CEO Abdulraouf Mannaa is to step down for personal reasons.
SAN FRANCISCO: Yahoo continued its quest for renewed relevance with the purchase of a startup specializing in analyzing and making money from mobile applications.
LONDON: Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock indices and could make a decision to include it as an emerging market in June 2015, an MSCI offic
NEW YORK: Harley-Davidson Inc.
ABU DHABI: National Bank of Abu Dhabi, the largest lender in the UAE, beat analysts’ estimates with a 17.5 percent rise in second-quarter net profit, with higher fees and investment gains boosting inc
NEW YORK: Apple Inc.
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