SHARJAH/WAM The Government of Sharjah has announced the launch of the Faya Research Grant, a …
Read More »Profit taking drags Mideast as Q1 result optimism fades
DUBAI / Reuters Profit taking dragged most stock markets in the Middle East lower on Thursday, erasing most of the previous session’s gains as some of the optimism generated by generally positive first quarter results faded. Saudi Arabia’s index retreated 0.3 percent, after rising 0.9 percent on Wednesday when Saudi British Bank reported an earnings beat and banking shares …
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