Business Blog

(Corects Chinese trade figures in ninth paragraph)* European stocks follow Asia lower, dollar falls* Yen, gold, low-risk government bonds prosper* China trade data cannot lift gloom over global growthBy Nigel StephensonLONDON, Oct 13 (Reuters) - Stocks started the week on a negative note and crude oil prices fell to near-four-year lows with forecast-beating Chinese trade data unable to lighten inv

(Corrects Chinese trade figures in third paragraph)* European stocks reverse losses, cheap oil lifts airlines* Dollar retreats broadly on concern over global growth* Trade data ease worries over China slowdownBy Nigel StephensonLONDON, Oct 13 (Reuters) - European stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to near a four-year low, though broad dollar

Commercial Bank of Kuwait announced plans for a KWD 120 million (USD 416 million) bond sale that would boost its capital reserves, with the transaction set to close around the end of this month.

Commercial Bank of Kuwait announced plans for a KWD 120 million (USD 416 million) bond sale that would boost its capital reserves, with the transaction set to close around the end of this month.

The Saudi Telecom Company (STC) has extended its long-standing partnership with Ericsson to transform, expand and upgrade its network in Saudi Arabia. The move is part of STC's strategy to exceed customer expectation in order to reach new horizons in the Networked Society and allows STC to optimize its network performance, scalability and integration using Ericsson's state of the art technologies.

Dubai Land Department (DLD) is showcasing its newest smart resolution tool at GITEX, the technology exhibition currently underway at the Dubai World Trade Centre.