European stock futures fell as investors awaited a U.S report that may show the cost of living in America rose at a slower pace in March and as China’s growth eased more than forecast last quarter. Asian stocks climbed while U.S. index futures retreated.
L’Oreal SA, the world’s largest cosmetics maker, may move after first-quarter sales topped analyst estimates. Bayer AG (BAYN), Germany’s largest drugmaker, might be active as it was said to pay at least $110 million to settle about 500 lawsuits over claims that a line of birth-control pills caused blood clots. EON AG may move after Frankfurter Allgemeine Zeitung reported it will probably see interested parties reducing their offers for its energy-from-waste unit in the next round.
Bank deposits climbed by 1.7 percent in July to cross the SR1.5 tr
SEC awards Siemens largest SVC contract
Siemens, the global powerhouse which innovates the electrical world and operates in the fields of energy, infrastructure, industry and healthcare, signed two contracts with Saudi Electricity Company
Maritime sector contributed 4.6% to Dubai GDP
Dubai’s maritime sector directly contributs 4.6 per cent to Dubai’s GDP, or the equivalent of Dh14.4 billion, according to Sultan Bin Sulayem, Chairman of Dubai Ports, Customs and Free Zone Corporati
US delegation discusses SAGIA’s role
Saudi Arabian Investment Authority’s (SAGIA) value proposition for investors and the changes that have been made over the years to the registration process for international firms were highlighted at