Corporate News

DUBAI: Fear that the days of global economic recovery and rising oil prices may fast be fading has sent shivers through Gulf stock markets. Those worries reduced

NEW YORK: Oil fell more than $3 a barrel as a raft of weak US economic data provided a fresh blow to shaky investor confidence, extending US crude’s losses to

BEIJING: China and the US share a responsibility for boosting global market confidence, Chinese Vice President Xi Jinping told visiting US Vice President Joe Bid

LONDON: European oil companies are continuing multi-million dollar trade with Syria’s President Bashar Assad, providing his government with a key source of fun

DUBAI: Egypt’s bourse ended higher on Wednesday as Mobinil rebounded from declines on talk of potential shareholding changes, while most Gulf markets gained in

BANGALORE/SAN FRANCISCO: Shares of Hewlett-Packard Co. and Dell Inc. fell on Wednesday as the outlook for US and European corporate government technology spendin

WASHINGTON: President Barack Obama said he will propose a plan in September to jump-start the US economy as he struggles to convince skeptical voters that he has

JUBAIL: Saudi Aramco Shell Refinery Co. (Sasref) signed on Tuesday in Jubail Industrial City a major contract with Al-Khonaini International Contracting Co. Ltd.

JUBAIL: The National Industrialization Company (Tasnee) has announced that the Saudi Acrylic Acid Company Ltd. (SAAC), one of the subsidiaries of Tasnee, and Sah

JEDDAH: Gold prices in the Kingdom have jumped by SR73,000 per kilo in a single year, a top industry official said and urged consumers in the Kingdom to invest i