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Dubai 2009 inflation at 4.06%
The Inflation rate of 2009 is 4.06% compared to 2008. Education group obtained highest inflation rate at 18.60%, followed ...

CS: Large provisions to hit 6 UAE banks' margins
Leading investment bank Credit Suisse has predicted that earnings of the six national banks would be affected by ...

Emirates NBD drops Standard & Poor's
Emirates NBD, the largest banking group in the Middle East by assets, said on Wednesday that it would discontinue ...

Kuwait- New labour bill rectified
Kuwait's Parliament has rectified the errors found in Article 18 and 68 of the new private sector law to pave the way ...

Middle East airlines defy worst ever traffic slump
Middle East-based airlines recorded their fastest growth rate of 11.2 per cent in air passenger traffic in 2009, a ...

Saudi Airport director denies beating up employee
Abdul Fattah Atta, director of Prince Mohammed Airport in Madinah, denied on Wednesday press reports that he ...

Text of president's State of the Union speech
Following is the text of President Barack Obama

Apple launches iPad tablet device
The company puts an end to months of speculation, lifting the wraps on the iPad, a new touch-screen tablet computer.

Toyota reportedly to add 1 million cars to recall
Toyota is reportedly expanding its recall to another one million vehicles to replace floor mats that risk trapping ...

Wednesday's biggest gaining and declining stocks
MarketWatch

Egyptians show true colors as Africa Cup fever hots up
With the Africa Cup of Nations final approaching, passions are running high among the fans, but none are as high in ...

Saudi Aramco turns to India for procurements
Indian manufacturers and suppliers could be big winners as a Saudi Aramco procurement subsidiary opens an office in a ...

Jordan forex reserves up
Jordan's foreign currency reserves grew by 41.5 percent in 2009, the Central Bank of Jordan announced on ...

Saudi Sama discontinues flying on PSO routes
Sama Airlines has announced it will discontinue its Public Service Obligation flying as of Monday ...

Burning smell sparks EgyptAir jet evacuation
Passengers on an EgyptAir aircraft waiting to take off at King Abdulaziz International Airport were evacuated ...

Indian engineers stranded in Saudi Arabia after firm cancels visas
Twenty-two Indian engineers have been brought to the Kingdom by a Saudi company and then abandoned without jobs and ...

Club or Country? Soccer World Cup revives tensions
Lionel Messi is probably the top sportsman in the world right now --unless you ask fans in Argentina where the ...

Teen girl rescued from Haiti's rubble
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