The price of gold slipped as the dollar ticked up and European share markets extended their rally but was heading for a weekly gain as buying surged via exchange traded funds.
Spot gold was down 0.2 per cent at
New orders for long-lasting US manufactured goods in December recorded their biggest drop in 16 months as lower oil prices and a strong dollar pressured factories, the latest indication that economic growth braked sharply at the end of 2015.
Lower roaming prices in the GCC for phone calls, text messages and mobile data will come into effect from next year. The new rates will be applied in two phases, with lower wholesale prices applied to operators on January 1 and retail customer
The International Monetary Fund trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States.
But the global financial institution said growth prospects for
A lower divorce rate among newly-wed Bahrainis over the past four years has been attributed to an awareness campaign on rights and responsibilities in marriage.
A recent study conducted by the Justice, Islamic Affairs and Endowments Mi
Egypt's largest listed automotive assembler and distributor GB Auto has called for lower tariffs on car imports from the United States and Asia, fearing that free trade agreements signed with Europe, Turkey and Morocco will distort competiti
Qatar’s plans will not be affected by lower oil price, but there may be more opportunities for private finance to play a role in the country’s infrastructure, according to experts.
Mamoon Alameen, a specialist on proje
Energy capital investments in the Arab world will total $685 billion over the next five years, according to a new report.
The report, by the Arab Petroleum Investments Corporation (Apicorp), was presented to officials and delegate
Deutsche Bank lowered its price target on Aldar Properties' stock to Dh5 from 7.10 dirhams, citing increased uncertainties on Yas Island receivables and the nature of future government support for the developer.
Separately, Citigroup r