Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses…
Tag: BUSINESS
Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key…
The IMF and World Bank Spring Meetings: What to Know
The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that…
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors…
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading…
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it…
Hugo Boss shrugs off weaker U.S. sentiment
German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it…