Markets

Seoul: Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease...

London: Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 per cent that would give the...

Abuja: The Nigerian Stock Exchange has seen a reduction in activity by almost half this year even after the central bank allowed the domestic currency to...

Muscat: Muna Noor, one of Oman’s oldest companies formed in in 1974 has opened the first of its new style Pipe and Valves Centers in Salalah. Gone is the...

London: London Stock Exchange Group Plc said the UK’s decision to leave the European Union may eventually damage investor confidence and weigh on...

Muscat: Project activity in the UAE is forecast to recover in 2017 after a difficult 2016 on the back of a strong recovery in economic growth, according to...

Cairo: Aramex PJSC advanced for an eleventh day as stock markets across the Gulf languished amid low trading volumes. The Dubai-based logistics company...

Nairobi: Kenya Airways Ltd.’s full-year loss widened as the airline part-owned by Air France-KLM said increased foreign exchange and borrowing costs...

London: Retail sales of United Kingdom had their biggest drop in six months in June, adding to signs that the vote to leave the European Union is starting...

Ankara: A state of emergency took effect in Turkey as the government pursues those responsible for a failed weekend coup, and top officials sought to...