Economy




Saudi equity market cap exceeds SR2 trillion in first half

JEDDAH: The Saudi stock market fell in the first half of this year.




Gold rebounds as dollar dips

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.





Banks launch Islamic repurchase agreement

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



Orange aims for Mideast growth

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




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