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Saudi Arabia’s economy expanded 5.5 per cent in the second quarter from a year earlier, the slowest pace since at least 2010, as oil prices declined.

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DUBAI — Gulf Cooperation Council (GCC) bond sales are on track for a record year as the oil exporters exploit record-low borrowing costs to build infrastructure including airports and gas pipelines.

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NEW YORK — US stocks opened higher Friday, on track to record one of their best weeks since June, after the Federal Reserve stepped in again to help the weak economic recovery.

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NICOSIA - Greece may get more time to reach financial targets under its 130 billion euro rescue package but probably not more money, its international lenders signalled on Friday, saying a decision had to come by the end of October.

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LONDON - Gold edged higher to fresh six-month highs on Friday after the US Federal Reserve unleashed a long-awaited stimulus programme, but some analysts expected the market to take a breather before tackling further gains.

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NEW DELHI - India opened its supermarket sector to foreign chains on Friday after months of dithering, pushing ahead with the boldest reforms yet in Prime Minister Manmohan Singh’s government as it tries to revive the country’s tottering economic growth.

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YINCHUAN — Trade between Arab states and China will witness major leap in the coming years as a result of the increasing economic, investment and commercial cooperation between the two sides, predicted UAE Minister of Foreign Trade Shaikha Lubna bint Khalid Al Qasimi.

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KARLSRUHE — Germany’s highest court paved the way on Wednesday for the creation of Europe’s €500 billion ($640 billion) rescue fund for indebted governments after it rejected calls to block it.

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NEW YORK — US stocks edged higher in early trading on Thursday ahead of a key decision by the Federal Reserve on the still-struggling economy.

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