DUBAI: Most Gulf stock markets closed either flat or lower on Tuesday as oil prices remained volatileand local companies delivered no positive fourth-quarter earnings surprises.
Etihad Airways has strongly denied reports and speculation that the airline is to become a sponsor of Al-Ittihad FC in Saudi Arabia.
NCB Capital, a leading wealth manager in the region and the largest asset manager in the Kingdom, confirmed that the defensive nature of the retail sector allowed it to remain strong during the recent
TOKYO: Toyota kept its title as the world’s biggest automaker on Wednesday with record sales of 10.23 million vehicles last year, outpacing General Motors and Volkswagen, but a shaky outlook for 2015
CAIRO: Egypt’s currency has fallen to a historic low against the dollar after a central bank auction.
WASHINGTON: President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals.
WASHINGTON: The International Monetary Fund on Tuesday sharply cut its 2015-2016 world growth forecast of only six months ago, saying lower oil prices did not offset pervasive weaknesses around the gl
Thomson Reuters, a major source of intelligent information for businesses and professionals worldwide, Tuesday released the annual investment banking analysis for the Middle East region.
GENEVA: Unemployment will rise by 11 million in the next five years due to slower growth and turbulence, the UN warned on Tuesday.
KUALA LUMPUR: Malaysia on Tuesday cut its economic growth forecast for this year and announced a slew of austerity measures after tumbling oil prices forced the government to slash spending.
© Copyright of Arab News 2014