Omani banks post higher growth in first half
The revenue of banks listed on the Muscat Securities Market for the first half of 2014 has been estimated at RO 378.068 million, an increase of 9% on year on year basis.
Dubai plunges as Gulf markets end worst quarter in years
Gulf stock markets ended their worst quarter in years on Monday as speculative bubbles continued to deflate in some stocks while the security crisis in Iraq and a lull in activity during the holy month of Ramadan dampened fresh buying.
Islamic State video wages psychological war on Iraqi soldiers
Islamic State, the al Qaeda spin-off that seized wide swathes of Iraq almost unopposed last month, has released a video telling Iraqi soldiers who may still have some fight in them that they risk being rounded up en masse and executed.