JEDDAH: Several major stock markets in the Middle East rose on Monday as local investors bought back shares, though blue-chip banks weighed on Abu Dhabi.
RIYADH: Majid Al-Futtaim, a leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (MENA), has announced plans to develop two new landmark shopping malls in Riyadh,
NEW DELHI: India’s economy grew 7.3 percent in the third quarter of the financial year, official data showed, a slowdown from the previous quarter but beating analysts’ expectations.
NEW YORK: Crude oil prices fell 2 percent on Monday as supply overhang concerns grew after a Saudi-Venezuela meeting on Sunday showed few signs of coordination to boost prices.
JEDDAH: Saudi International Petrochemical Co. (Sipchem) said it has paid 375.3 million riyals ($100.1 million) to raise its stake in two subsidiaries.
JEDDAH: Petrofac, a leading service provider to the international oil and gas industry, awarded a contract to Bertin Technologies, a subsidiary of CNIM group, to supply, install and commission a pione
LONDON: The global economy is being hit by a slowdown in growth, large swings in exchange rates and tumbling commodity prices.
DUBAI: Air Arabia, the United Arab Emirates’ only publicly-listed airline, has reported its third consecutive quarterly profit drop, as fuel hedges taken out at higher oil prices continued to hurt res
DUBAI: Dubai Aerospace Enterprise (DAE), one of the few Gulf aircraft leasing firms, expects to add 30-35 planes to its current portfolio of 97 with significant demand seen coming from Iran, the compa
TEHRAN: French carmaker Peugeot is to provide Iran Khodro with 427 million euros in debt waivers, bonuses and discounts under their first post-sanctions deal, the Iranian manufacturer said.
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