Markets

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...

California: Volkswagen AG suffered a setback in its efforts to emerge from the 10-month-old emissions-cheating scandal as California regulators rejected a...

Thiruvananthapuram: A 14.5 per cent 'fat tax' on burgers, pizzas and other junk food and a Green tax for vehicles over 10 years have been proposed...

New York: The safe-haven yen climbed against the euro and the dollar while sterling fell to its lowest level in more than 30 years on Tuesday, as currency...

Hong Kong: Chinese stocks traded in Hong Kong retreated from a three-week high, with energy companies declining amid lower oil prices. The Hang Seng China...

Shanghai: China stocks ended little changed on Thursday as investors took profits on this week's rebound after heavy selling last week triggered by...