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DR Congo violence claims 10

  Goma / AFP At least 10 people were killed in clashes between the army and suspected Ugandan rebels in east DR Congo, a local activist said on Monday, in an area that has suffered a string of massacres since 2014. The rebels of the Allied Democratic Forces, a partly armed group of Ugandan origin, are accused of a litany of ...

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Banks lead Saudi rebound

  DUBAI / Reuters Saudi Arabia’s stock market rebounded on the back of banking shares on Monday while other major Gulf bourses were firm, with builder Drake & Scull leaping in Dubai after it replaced its chief executive. The Saudi stock index, which had tumbled 2.2 percent on Sunday as banks dropped because of concern about the impact of government ...

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Bosnia’s bourse, Gulf-owned bank launch Balkans’ first Islamic share index

  SARAJEVO / Reuters Bosnia’s Sarajevo Stock Exchange (SASE) and Gulf-owned Bosna Bank International (BBI) launched the Balkans’ first index of listed firms compliant with Islamic investment principles on Monday in a bid to attract more investors in local equities. The index has 25 constituents: companies with the highest market capitalisation and revenues, including the country’s second-largest telecoms firm BH ...

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