Du announces foreign ownership limit increase to 49% tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Du announces foreign ownership limit increase to 49% zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - Gulf markets ended mostly higher on Tuesday, with Saudi Arabia’s benchmark index leading gains, while Egypt’s blue-chip index slid more than 1 percent.
FILE PHOTO: Investors walk under a stock index board at the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020. REUTERS/Christopher Pike
The Saudi index closed 0.8% higher, its biggest daily percentage gain in over a week, buoyed by higher oil prices.
The rise in crude prices was underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut down production. [O/R]
United Arab Emirates du selects Ericsson 5G RAN - VanillaPlus - The global voice of Telecoms IT vanillaplus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanillaplus.com Daily Mail and Mail on Sunday newspapers.
UAE-based operator du has selected Ericsson to deploy 5G radio access network (RAN) products and solutions as part of a major network expansion and modernisation.