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Apr 18 2021, 8:03 PM April 18 2021, 1:36 PM April 18 2021, 8:03 PM (Bloomberg) -- (Bloomberg) -- Saudi Arabian stocks led gains in the Gulf region as better-than-expected earnings fueled investor optimism and talks between Iran and the U.S. to end a years-long standoff progressed. The benchmark Tadawul gauge rose as much as 0.8% before closing up 0.6% for its third consecutive advance. Share indexes in Dubai, Israel and Egypt also climbed, while those in Abu Dhabi, Kuwait, Qatar and Oman fell. Bahrain’s index was little changed. The recovery in corporate earnings comes at a time when r...

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DUBAI: The pandemic has ravaged businesses worldwide across many sectors and continues to do so in a way that nobody anticipated, pushing some of the strongest economies into recession. At the same time, it has proved a blessing for some business models, particularly in the technology industry, driving unprecedented growth over the past few months. Among the lucky ones is the fintech market, which has made significant gains. The pandemic forced physical outlets to shut down for an extended period, and concerned consumers avoided traditional shopping even as stores reopened, paving the way for...