Economy



Etisalat ‘committed to Saudi market’

Etisalat Group has reiterated its commitment to Mobily and the Saudi market and expressed confidence that Mobily would return to a growth path again soon.



S. Korea export muscle sapped by weak yen

SEOUL: As Japan slips into recession, South Korea is keeping an increasingly wary eye on its export rival’s free-falling currency, which is honing a lasting competitive edge over Korean products in a





Pakistan selects banks to hold dollar sukuk roadshows

HONG KONG: Pakistan has mandated four banks to arrange fixed income investor meetings starting Monday ahead of a potential issue of a US dollar-denominated Islamic bond, a document from lead managers



Smartphone screens: New Gorilla Glass version on way

WASHINGTON: US manufacturer Corning said it was introducing a new, tougher version of its Gorilla Glass used by major smartphone makers in a bid to maintain dominance in the sector.




RBS admits European stress test blunder

LONDON: The Royal Bank of Scotland has accepted that it got its sums wrong over the European Banking Authority stress tests last month.




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