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Saudi Arabia sets record SR540bn govt spending
Saudi Arabia on Monday unveiled the largest budget in its history, projecting expenditures at SR540 billion <$144 ...

Dubai World makes no formal offer
Government-owned conglomerate Dubai World on Monday did not formally ask for a repayment standstill on its $22 ...

Credit flow from UAE banks picks up
The loan-to-deposit gap for the UAE banks shrank in November at its fastest pace since June, in what is seen as a ...

Jordan Dubai Capital to withdraw public bids
Jordan Dubai Capital announced Monday that it will withdraw all tender proposals it submitted to the government in ...

Saudi Arabia: 2010 will be year of reassuring recovery
The 2010 budget at its core gives a few important messages to the private sector and the world: Saudi Arabia is ...

WTO backs ruling to loosen China media imports
China has a bad day at the World Trade Organization, as the trade body upholds a ruling that Beijing is illegally ...

Ten best- and worst-performing stocks of 2009
Given the recession-marred year and the battering the U.S. stock market took in 2008, it should come as little ...

Money for nothing, farewell to the decade
The Zero decade. It was the worst of times, and it was the worst of times, writes Brett Arends.

Flu, reform debate top 2009 health stories
Whether they wanted to or not, many Americans learned a lot about the state of their health care this year.

Support for Dubai to be studied properly: Mansouri
The UAE Minister of Economy Sultan bin Saeed Al Mansouri said that further federal support for Dubai should be ...

Kempinski to continue its investment plans in Dubai
Kempinski, Europe's oldest luxury hotel group, will continue its investment plan in Dubai as it believes that the ...

DIFC releases Sukuk Guide
The Dubai International Financial Centre Authority, or DIFC, on Monday released the 'DIFC Sukuk Guide', a ...

Study: $172b investments likely in ME airports
Middle East airports are currently investing $86 billion in expansion plans and this will double after 2025, with ...

Jordan's ASEZA approves master plan for Marsa Zayed
The Aqaba Special Economic Zone Authority has approved the final "conceptual master plan" submitted by Al ...

Virtual interaction replacing personal contact in Jordan
A recent study showed that 71 per cent of Internet users in Jordan believe that virtual interaction is replacing ...

Jordan- Stakeholders to discuss ending olive exports to Israel
Agricultural officials and olive producers and exporters will meet soon to discuss a proposed plan to stop ...

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