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Fish stock promotion programme launched

  Dubai / WAM Lt. General Dahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai, the Honorary Chairman of the Protection of Maritime Environment Society launched the first phase of the fish production enhancement programme in the presence of Sultan bin Sulayem, DP World Group Chairman, CEO and Chairman of Ports, Customs and Free Zone Corporation. Seven ...

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Saudi’s SABIC slips after Q1 results, Gulf sluggish on oil

DUBAI / Reuters Shares in petrochemical giant Saudi Basic Industries (SABIC) fell on Tuesday after the company reported first-quarter results, while most equities in the Gulf were sluggish as oil prices traded near five-week lows. Egypt followed emerging markets higher. SABIC posted a first-quarter net profit of 5.24 billion riyals ($1.40 billion), up 80 percent from the same period last ...

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Global stocks climb amid earnings as yen weakens

  Bloomberg Global stocks headed for a fresh high as many markets reopened with investors focusing on stronger corporate earnings. The yen extended losses while Treasuries maintained declines. The MSCI All-Country World Index was poised for a record close, while European shares advanced. US stock futures edged lower. European government bonds fell across the board. Treasury yields climbed after Steven ...

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