Dubai / Reuters Saudi Arabia’s stock market rebounded in afternoon trade on Thursday on the back of petrochemical stocks, which rallied in response to OPEC’s production deal to restrain output and prop up oil prices. The main Saudi index dropped as much as 1.0 percent in early trade, continuing a slide triggered by this week’s announcement of austerity measures …

  Mumbai / AFP Indian stock markets slumped almost two percent on Thursday after the army said it had conducted “surgical strikes” along the de-facto border with archrival Pakistan in Kashmir. The Bombay Stock Exchange slid 534.70 points, or 1.84 percent, to 27,770.32 in afternoon trade after India said it had carried out the strikes to thwart attacks on some …

  ABU DHABI / WAM In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Human Resources Law which regulates all matters concerning human resources from the appointment of the employee until the end of his service. The law will be enforced on civil servants in government entities of the …