Why has a promising idea put forth by South Korean President Park Geun-hye – a five-party (U.S., China, ROK, Japan, Russia) diplomatic process for Northeast Asia – received so little regional support? After what appears an inflection point in the region (North Korea’s back-to-back nuclear and ICBM missile tests kicking off 2016) all seem to recognize the new level …

  BLOOMBERG Saudi Arabian stocks led an advance across most Gulf Arab equities as the kingdom prepared to announce a road map for the post-oil era. The Tadawul All Share Index added 1.7 percent, the most in more than a month and extending gains after it entered a so-called bull market on Thursday. The kingdom is scheduled to set out …

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.11% to close at 4713.69 points. Accordingly the Market Capitalization has lost AED 0.83 billion attaining AED 764.62 billion. A total of 0.59 Billion Shares were traded with a total value of AED 0.65 billion during the trading session of 24-04-2016 through 6501 transactions. The number of companies …