LONDON: British retail sales surged in April as consumers took advantage of falling prices and unusually warm weather encouraged shoppers to buy new clothes.
JEDDAH: Saudi Arabian mutual fund industry maintains the largest position in Middle East North Africa (MENA) region in terms of asset under management.
LONDON: Oil prices rebounded Wednesday, recovering from recent steep losses in the previous session, in a muted response to news of falling US crude stockpiles.
JEDDAH: Saudi Arabia’s benchmark Tadawul All-Share Index (TASI) dropped 79.82 points or 0.81 percent to 9,731.3 points on Wednesday.
BEIJING: Middle East oil exporters are turning down Chinese requests for extra oil as they hold back fuel for their own refineries just as demand from the world’s biggest crude importer hits new recor
ABU DHABI: Boeing Co. has appointed Bernie Dunn as president of its Middle East business effective immediately, the US aerospace giant said on Wednesday.
SAN FRANCISCO: Google and Twitter announced a partnership to display tweets in search results, renewing a tieup that ended in 2011.
JEDDAH: Saudi Arabia's stock market regulator said on Wednesday it had canceled approval for a flotation by Arabian Contracting Services Co. at the advertising firm's request.
JEDDAH: Key contributors to Jordan’s growth are expected to be stronger construction activity and mining exports as well as higher government investment, according to a study.
LONDON: British retailer Marks & Spencer raised hopes that it has finally rediscovered a winning formula as it reported a rise in annual profit for the first time in four years and its intention to re
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