Tadawul edges down; Dubai, Qatar stocks fall

DUBAI: Most Gulf equity markets pulled back on Monday as oil prices slipped again and negative fourth-quarter earnings weighed on Saudi Arabia's bourse.

Mashreq holds talks with Citi for Egypt unit

DUBAI: Mashreq is holding talks with Citigroup about acquiring its retail banking business in Egypt and is targeting net profit growth in 2015 of between 6 percent and 10 percent, the Dubai bank's chi

Savola’s profit drops 23%

DUBAI: Saudi food producer Savola Group, the country's largest food products company, reported a 23 percent drop in fourth-quarter net profit on Sunday, missing analyst forecasts.

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