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Gulf Independent - David-Fox
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Gulf markets slump on weak oil, global equities; Egypt bourse nosedives ECONOMY

Gulf markets slump on weak oil, global equities; Egypt bourse nosedives

Several major stock markets in the Middle East dropped over 2% on yesterday as protracted weakness in oil prices and the gloom in equity markets globally prompted investors to dump shares.

4:45 AM November 25 2016
BoJ to disclose negative rate leak probe findings ECONOMY

BoJ to disclose negative rate leak probe findings

Bank of Japan governor Haruhiko Kuroda said yesterday he will publish the outcome of investigations the central bank is conducting into a media leak of its impending decision last month to deploy negative interest rates.

4:45 AM November 25 2016
UAE plans to trim ministries, outsource most govt services: PM ASIA

UAE plans to trim ministries, outsource most govt services: PM

The United Arab Emirates plans to outsource most government tasks to the private sector and cut the number of ministries, the prime minister said on Monday ...

4:45 AM November 25 2016
Sony profit beats estimates as videogames help offset sensor decline ECONOMY

Sony profit beats estimates as videogames help offset sensor decline

Sony Corp, widely regarded as a key supplier of image sensors for Apple’s iPhones, said yesterday it was bracing for a slowdown in the premium smartphone market after sales of its sensors fell in the third quarter.

4:45 AM November 25 2016
BMW’s Solitaire revealed as Coupe makes ME debut ARABIA

BMW’s Solitaire revealed as Coupe makes ME debut

Alfardan Automobiles, official BMW Group importer in Qatar, hosted the Middle East debut of the all-new BMW M2 Coupe yesterday at the Qatar Motor Show 2016.

4:45 AM November 25 2016
Rania in Brussels ASIA

Rania in Brussels

European Commission President Jean-Claude Juncker poses with Jordan’s Queen Rania ahead of a meeting at the EU Commission headquarters in Brussels yesterday.

4:45 AM November 25 2016
Macri wants end to debt battle with US creditors INTERNATIONAL

Macri wants end to debt battle with US creditors

Argentina will tell the mediator brokering debt negotiations with US investment firms suing the country over unpaid debt that it wants to resolve the decade-long legal battle, President Mauricio Macri said yesterday.

4:45 AM November 25 2016
Indian schoolboy breaches 1000-run mark in an innings CULTURE

Indian schoolboy breaches 1000-run mark in an innings

Maharashtra schoolboy Pranav Dhanawade rewrote the record books, hammering an epic 1009 not out in an inter-school cricket tournament to register the highest individual score in an innings.

4:45 AM November 25 2016
Saudi embassy attack 'totally unjustifiable', says Rouhani ASIA

Saudi embassy attack 'totally unjustifiable', says Rouhani

Iran's president denounced attacks on the Saudi embassy and consulate as "totally unjustifiable" after protesters stormed the compounds.

4:45 AM November 25 2016
Strong winds, scattered rain forecast for Qatar ARABIA

Strong winds, scattered rain forecast for Qatar

Strong winds are expected in the country on Sunday along with scattered rain in some places and a cold night, the Qatar Met department has said.

4:45 AM November 25 2016
Four held in Bangladesh over Italian aid worker murder INTERNATIONAL

Four held in Bangladesh over Italian aid worker murder

Bangladesh made its first arrests over an Italian aid worker's murder as authorities insisted the killing was a plot by the government's opponents to trigger anarchy.

4:45 AM November 25 2016
China steps on the gas to bolster slowing economy ECONOMY

China steps on the gas to bolster slowing economy

China cranked up its fiscal spending by 26% in August from a year earlier as Beijing tries to re-energise flagging...

4:45 AM November 25 2016