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Saudi sags on profit taking, Egypt conquers 8-yr high

  DUBAI / Reuters Stock markets in the Gulf diverged on Monday with Saudi Arabia’s index cooling for a third session as investors book profits on lofty prices while Abu Dhabi rebounded slightly. Egypt hit yet another 8-year high as foreign investors continued to reprice equities as the local currency weakened against the U.S. dollar. Riyadh’s main index fell 1.1 ...

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‘Political intrigue’ buoys European stock markets

  London / AFP European stock markets and the euro climbed on Monday after a fast-moving weekend of “political intrigue” in France and Germany, dealers said. German Chancellor Angela Merkel declared Sunday that she would seek a fourth term in elections next year in the face of looming threats at home and abroad, ending months of feverish speculation. And the ...

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Etihad Airways marks 10th anniv of flights to Bangladesh

  Dhaka / Emirates Business Etihad Airways honoured key stakeholders in Bangladesh to mark a decade of partnership and celebrate the 10th anniversary of operations between‎ Abu Dhabi and Dhaka. Diplomats, government and aviation officials were joined by corporate and travel industry partners, along with the airline’s Dhaka-based employees as Etihad Airways recognised their loyalty and support. His Excellency Dr ...

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