• Happy Ramadan!

    Happy Ramadan!
    LiteForex's News: May this holy Fast unite Muslims all over the worldand help them purify their minds and bodies and test the strength of their beliefs.We hope that your namaz will be heard and your families - fully rewarded for their patience, pure thoughts, and good deeds. The LiteForex team sincerely wishes you moral courage and strength on your way to well-being, health, and happiness!Best regards,...
  • Wall Street Weekahead: After grim payrolls, focus turns to economy

    Wall Street Weekahead: After grim payrolls, focus turns to economy
    By Caroline Valetkevitch NEW YORK (Reuters) - With a June Federal Reserve interest rate hike likely off the table following Friday's dismal jobs data, U.S. equity investors may shift their focus again to whether the economy is losing too much steam to allow stocks to advance. A first hint of the central bank's view of that could come Monday with a speech on the economic outlook by Fed Chair Janet Yellen. "The broader question is whether the economy is gaining the kind of momentum and traction th
  • MIDEAST STOCKS-Saudi shares fall before reform news; Zain up on refinancing

    * Saudis expected to announced details of reforms * Zain Saudi up 10 pct daily limit on loan refinancing * UAE economic data support Dubai and Abu Dhabi shares * Dubai index rebounds from support on 100-day average * Egypt's non-oil business activity shrinks, hits shares By Celine Aswad DUBAI, June 5 (Reuters) - Saudi Arabia's stock market fell on Sunday the details of the kingdom's economic reforms are announced, but telecommunications operator Zain Saudi soared in response to a loan refinancin
  • Qatari construction firm Aljaber Group planning $800 mln IPO - sources

    Qatari construction firm Aljaber Group is planning a stock market flotation in the Gulf Arab state, sources aware of the matter said, in a listing which could be worth around $800 million. Initial public offerings have been extremely rare in Qatar due to market volatility and the slow process of securing regulatory approval, with only one -- Mesaieed Petrochemicals in 2014 -- taking place in the last six years. Among them is Aljaber Group, which was founded in 1976 initially as a retailer of pai
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