Abdul Latif Jameel (ALJ) and Sumitomo Corporation of Japan have formed a joint venture for the Saudi distribution rights for Komatsu, a major Japanese brand of heavy equipment.
MUMBAI: India’s shares hit fresh a lifetime peak, boosted by easing strain on public finances and hopes a pro-business government would soon be elected to bring economic growth back on track.
PARIS: Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery.
BERLIN: The outlook for the global travel industry looks brighter for 2014 as European economic recovery and rising consumer confidence are prompting holidaymakers and businesses to loosen their purse
TOKYO: Japan’s biggest brokerage Nomura Holdings said it has chosen a woman to head its banking arm, in what is believed to be a first for the country’s male-dominated financial sector.
The Hospitality Committee at the Jeddah Chamber of Commerce and Industry (JCCI) introduced hospitality awards for the first time in the Kingdom under the patronage of Jeddah Gov.
The row between Qatar and its Gulf neighbors has done little to dampen Saudi Arabia’s stock market, with the Tadawul All Share Index rising 1 percent to a near six-year high as banking and re
KARACHI: Pakistan’s main stock exchange closed higher, with the benchmark 100-share index of the Karachi Stock Exchange rising 1.21 percent, or 320.54 points to 26,842.53.
DUBAI: Reliance Globalcom, the international unit of India’s Reliance Communications Ltd, is no longer up for sale and may raise debt or equity to fund its expansion plans, Globalcom’s newly insta
NEW DELHI: India’s currency soared to its highest level this year as shares hit a lifetime peak, buoyed by an improvement in the nation’s finances and optimism a more business-friendly government
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