NEW YORK: Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.
The Iraqi turmoil has intensified geopolitical worries as ISIS poses a major threat to any sign of normalcy in the region.
Etihad Etisalat Co. (Mobily) has posted a 6 percent increase in its revenues as it announced the interim financial results for the period ending on June 30, 2014.
Mohamed Yousuf Naghi Motors (MYNM)-Hyundai has won praise from dealers and customers for successfully organizing a trip to the 2014 World Cup finals in Brazil.
Saudi Arabia’s robust economic growth and strong purchasing power are good signs for attracting foreign investment, says Anees Ahmed Moumina, CEO of SEDCO Holding Group.
THE HAGUE: Electrical appliance group Philips reported a setback in its switch to focus on health care technologies, revealing that overall net profit slumped by nearly a quarter in the last three mon
DUBAI: Etisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line
Regional stars such as the UAE and Saudi Arabia continue to move up in global innovation rankings. They are also moving closer to the top innovation economies.
Kingdom Holding Company, chaired by Prince Alwaleed bin Talal, has announced the consolidated financial results for the second quarter and the six months ended June 30, 2014.
BEIJING: China's crude imports from Iran in the first half of the year were up nearly 50 percent, although shipments in June dropped nearly a third from May to the lowest level in four months.
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