KUWAIT: Even after the pickup in prices since the beginning of the year — partially offset by last month’s developments — oil price levels continue to bode well for Asian emerging markets’ gross domes
DUBAI: Mobile operator Viva Kuwait reported an 8 percent rise in second-quarter profit on Sunday.
DUBAI: Dubai's Emaar Properties, builder of the world's tallest tower, reported a 16 percent rise in second-quarter net profit on Sunday as other income increased and it received more money in income
ALGIERS: OPEC member Algeria has increased crude oil output by 32,000 barrels per day after starting production at two fields, an Energy Ministry official said on Sunday.
DUBAI: Stock markets across the Middle East fell on Sunday after oil prices dropped again and Saudi Arabia, heavily influenced by the petrochemicals sector, led losses, hitting a four-month low.
ATHENS: Attention will be focused on Greece’s embattled banks on Monday when the Athens stock exchange reopens after a six-week shutdown over the country’s debt crisis.
BEIRUT: Jordan's Housing Bank for Trade and Finance, the country's second largest lender, said on Sunday it's first-half net profit was $86.9 million, hardly changed from $86.2 million a year earlier.
BEIJING: Downward pressure on China’s economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up, a senior central bank official was qu
LONDON: Now that US Federal Reserve chief Janet Yellen has made it clear she’s looking out for “some” improvement in the job market before voting for the first Fed interest rate rise in nearly a decad
JUBAIL: The Saudi electricity sector needs an estimated SR700 billion investment in the next 10 years with a large percentage expected from the private sector, said Saleh bin Hussain Al-Awaji, deputy
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