Economy



Trident planning summer packages, food festivals

The Trident Hotel in Jeddah recently launched its Diamond Hall, which can accommodate 300 to 400 guests. It is designed to conduct wedding parties and get-together events.



Tasnee to cut costs, revise contracts

ALKHOBAR: Saudi Arabia’s National Industrialization Co.





Morgan Stanley’s income jumps 60% on trading boost

NEW YORK: Morgan Stanley reported a 60 percent jump in quarterly profit Monday, as revenue from trading stocks and bonds lifted the investment bank’s results.






Beijing cuts bank reserve ratio requirement as growth slows

BEIJING: China’s central bank has announced it would cut the level of funds that commercial banks must hold in reserve by one percentage point, the second such move this year to boost lending.



Oman Air supports careers fair

Oman Air has announced that it is to be the lead sponsor of the Omanization Careers Fair (OCF) 2015.

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