Economy




SABIC shares rise 1.8%

JEDDAH: Gulf stock markets were narrowly mixed after some companies reported mediocre first-quarter earnings.



KSA signs SR2.4bn deals with Lockheed, Arianespace to launch 2 satellites

Saudi Arabia and two global aerospace giants, US-based Lockheed Martin and French satellite launch company Arianespace, announced that they have signed deals to build and launch two new communications



Oil prices up 20 percent or more in April

NEW YORK: Oil was on course to its best monthly gain in six years, with the two global benchmarks poised to finish up 20 percent or more for April, helped by a weaker dollar and bets that a supply glu








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