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Fujairah Chamber, Khalifa Fund to prop small projects

  FUJAIRAH / WAM Khalifa Khamis Mattar Al Kaabi, Board Chairman of the Fujairah Chamber of Commerce and Industry, stressed his organisation’s willingness to support and harness potential of small projects that make important contributions to the national economy, as well as to encouraging youth to engage in private business. He made this statement during a meeting with Abdullah Al ...

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Gulf slips, Egypt rebounds from Trump-linked slide

  DUBAI / Reuters Most Gulf stock markets were weak on Thursday but Egypt’s bourse rebounded after sliding for three days partly on concern that U.S. President Donald Trump’s policies could hurt the economy. The Saudi index edged down 0.03 percent as loss-making Nama Chemicals, which had soared 37 percent in the four days through on Tuesday after it announced ...

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European stocks fall back as Swatch, Deutsche Bank miss

  Bloomberg European stocks fell on Thursday, trimming some of the sharp gains made in the previous session, as lower-than-expected results from Swatch Group AG and Deutsche Bank AG rattled investors. The Stoxx Europe 600 Index was down 0.2 percent at 08:17 a.m. in London. The index gained 0.9 percent on Wednesday, as industrial shares advanced on earnings reports, while ...

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