Alkhobar-based Eram Group’s Chairman and Managing Director Siddeek Ahmed was among the Top 20 Indian business leaders who were honored by Forbes Middle East during an award ceremony in Dubai recently
JEDDAH: Gulf stock markets were narrowly mixed after some companies reported mediocre first-quarter earnings.
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
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
PARIS: European aeronautics giant Airbus Group has reported an 80 percent increase in first quarter net profits to 792 million euros ($883 million).
TOKYO: Japanese carrier ANA said its annual net profit more than doubled on robust international business, but rival Japan Airlines saw its bottom line worsen as the weak yen undercut lower fuel price
NEW YORK: The New York Times Co. reported a $14.3 million loss in the first quarter, hit by a drop in advertising revenues and one-time pension settlement costs.
TOKYO: Japanese consumer electronics maker Sony Corp.
LONDON/BERLIN: British Airways-owner IAG swung to a profit for the first time in its seasonally weakest first quarter, but warned a stronger dollar would hold it back this quarter, echoing a warning f
HELSINKI: Finnish telecoms equipment maker Nokia reported a first quarter profit, but said it was disappointed by its networks unit’s profitability ahead of its acquisition of rival Alcatel-Lucent.
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