LUANDA: France and Angola have signed business agreements covering a wide range of economic sectors from oil to hotels, which are potentially worth several hundred million dollars, French officials sa
JEDDAH: The Saudi stock market fell in the first half of this year.
RIYADH: With Saudi Arabia being a predominantly oil-based economy, major changes in the price of oil are likely to be followed by sentimental as well as real changes in the stock market.
LONDON: Gold prices firmed on Friday, rebounding from a 3-1/2 month low as the dollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal.
LONDON: Oil prices fell on Friday with the focus on high US output as traders looked ahead to Greece's weekend referendum that could determine whether it remains in the euro zone.
ATHENS: Prime Minister Alexis Tsipras has rejected European warnings that Greeks will be deciding on their future in the euro zone in a referendum, saying negotiations would continue for a better deal
JAKARTA: A group of Indonesian Islamic banks have launched a standard contract template for sharia-compliant repurchase agreements, aiming to broaden the liquidity management tools available in the se
LONDON: Telecom operator Orange aims to grow revenue from its Africa and Middle East operation by about 5 percent a year through 2018 and is looking for expansion opportunities in the region, Chief Fi
SHANGHAI: Chinese stocks tumbled again, taking the week’s losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of me
SAN FRANCISCO: Facebook has confirmed that it is dabbling in video ads and sharing revenue with content creators, in a move that would compete with Google-owned YouTube.
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