LONDON: Gold dropped to its lowest level in a month, extending an earlier fall to below $1,300 an ounce as robust economic data from the US, China and the euro zone deterred investors from buying into
WASHINGTON: The International Monetary Fund has warned that geopolitical risks in Ukraine and the Middle East are looming over a global economy already hit by slowdowns in the US and China.
DUBAI: Passenger traffic through Dubai’s main airport dropped 8.5 percent from a year earlier in June to 5.07 million people, as construction temporarily reduced its capacity, operator Dubai Airports
DEARBORN, Michigan: Ford Motor Co.'s second quarter net income rose 6 percent to $1.3 billion as the company saw record profits in North America and made money in Europe for the first time in three ye
RIYADH: Saudi Arabia’s Public Investment Fund (PIF) aims to establish companies in areas including housing, petrochemicals and technology as it expands its investments locally and overseas, Finance Mi
The Saudi Arabian Monetary Agency (SAMA) has pumped new Saudi Riyal currencies worth SR1 billion to meet growing demand on the occasion of Eid Al-Fitr, when the Saudi central bank usually issues new c
Following a Cabinet approval, Saudi Arabia — the largest equity market in the MENA region — should soon open for direct foreign investments.
DUBAI: Saudi Arabia's Savola Group has signed a non-binding agreement to sell its packaging business to Takween Advanced Industries 1201.SE, as it moves to focus on its core sectors of food and retail
The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al-Sadoun, secretary general of the Gulf Petrochem
NEW YORK: Dow Chemical Co. reported a better-than-expected quarterly profit as sales rose and margins improved due to higher prices and a tight control on costs.
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