Economy



Tadawul index stays flat

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 denies report

Etihad Airways has strongly denied reports and speculation that the airline is to become a sponsor of Al-Ittihad FC in Saudi Arabia.



Retails sector remains strong in correction

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






IMF slashes world growth forecast to 3.5%

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





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