markets

Al Maya marks 30th anniversary with promotions

Al Maya Group, one of the leading retailers in the Middle East, has completed 30 years of operation in the region and plans to reward its loyal customers through a series of promotions over the coming months. The group said as part of the 30-year celebrations, it is starting “the Al Maya Birthday Carnival” from May 1.

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IHG and Muscat Golf sign 20-year agreement

The InterContinental Hotels Group, or IHG, the world’s largest hotel group by number of rooms, and Muscat Golf Course Project on Sunday signed of a 20-year management agreement for the luxury InterContinental Muscat Hills Golf Resort in Oman.

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markets

Gold near 2-week high on dollar, US GDP data

Gold held near a 2-week high on Monday on prospects of more safe haven buying, with the dollar under pressure from weaker-than-expected U.S. economic data and speculation the Federal Reserve could ease policy further to boost growth.

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markets

Japan life insurers eye foreign stocks

Some of Japan’s life insurers are buying overseas stocks to help boost investment returns while sticking with domestic sovereign debt as a safe haven, several of the companies said in interviews with Reuters.

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