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ME most optimistic on overcoming financial crisis -- Poll
> Middle East nationals are more optimistic about a happy ending to the international financial ...

Saudi Shoura approves 5% pension hike
The Shoura Council approved on Sunday a 5 percent increase in pensions paid to retired public servants. The house ...

Lufthansa is planning flights to Iraq
As Iraq is increasingly opening up to civil aviation, demand for flights to the country is growing. Lufthansa is therefore ...

Markaz: What to expect in 2010 for GCC Markets?
GCC stock markets significantly underperformed the emerging markets during 2009. As against a 74% increase in emerging ...

S&P: Bahrain-based Gulf Finance House lowered to B+
Standard & Poor's Ratings Services lowered its long-term counterparty credit rating on Bahrain-based Gulf Finance House ...

Prison terms of two ex-staff of Nakheel upheld
The Court of Appeal on Sunday upheld the three-year prison term and the Dh3 million fine imposed on two former ...

Saudi Arabia- Mobily continues with expansion plan
Etihad Etisalat continued to expand its loyalty and retention program, branded Neqaty, by signing an ...

Dubai- Damas close to $1.1b debt standstill deal
Jewellery retail giant Damas International Ltd, whose chief executive resigned in October last year over a scandal ...

Saudi (pilot) returns from detention in Philippines
A 19-year-old Saudi who posed as a pilot and breached airport security at Manila's Ninoy Aquino International Airport ...

Dubai Police nabbing the record for world's largest logo
In an attempt to show they are more than hardened crime fighters, Dubai Police officers have spent hours toiling ...

Indian state-run banks may outpace private peers
As the strengthening economic recovery in India drives demand for credit, some analysts expect state-owned lenders ...

Online criminals using Haiti earthquake to scam good Samaritans
Cyber-scammers are quick to prey on people's emotions with bogus e-mails and phony Web sites devised to steal what should ...

Bursa Malaysia tops in sukuk listing
In the space of a mere five months since its first listing in August 2009, Bursa Malaysia, the national stock ...

Saudi Arabia- BRJ plans to create 500,000 jobs
Bab Rizq Jameel , a program of Abdul Latif Jameel Community Services Programs , plans to create 500,000 ...

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