DUBAI / Reuters Saudi Arabia’s stock market rose on Tuesday on the back of gains by Al Rajhi Bank and mining firm Ma’aden, while Dubai also outperformed most Gulf bourses although trading was thin. The Saudi stock index climbed 0.4 percent with Al Rajhi up 2.2 percent to 65.80 riyals, bringing its gains over the last five days to 4.9 ...

Bloomberg While central bankers from the US to Europe see inflation undershooting their targets as a headache for monetary policy, it may be a boon for the Bank of Russia. A surprise deceleration in consumer prices below 4 percent in July is set to cool off inflation expectations, which Russia’s central bank calls a “pillar” of its rate decisions, according ...

Bloomberg Saudi Arabia’s largest lender has become a favourite among equity analysts and investors as its business improves and the potentially lucrative inclusion in an emerging-markets benchmark index approaches next month. Al Rajhi Bank was upgraded to buy by Goldman Sachs Group Inc. on Aug. 8. An analyst at Bank of America Merrill Lynch followed suit eight days later, citing ...