Business Blog

Earnings, data, politics push buoyant European shares higher

European shares powered ahead on Thursday as earnings, economic data and politics aligned to boost the market to further highs.
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Mideast stocks factors to watch on May 3

Here are some factors that may affect Middle East stock markets on Wednesday.

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Oman Investment Fund closes $600mln loan for Omantel purchase

The proceeds will be used for the acquisition of a 51 percent stake in Omantel.

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Turkish wealth fund head says signed Islamic mortgage deal with IDB

Turkey's government has already transferred stakes worth billions of dollars in Turkish Airlines, major banks and other companies to the fund

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Mideast stocks factors to watch on May 3

Here are some factors that may affect Middle East stock markets on Wednesday.

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UAE's Dana Gas begins refinancing talks on $700mln sukuk

The company reported net profit of $11mln in the three months ending March 31

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