| Dubai World said to propose two debt-payment plans
Dubai World, the holding company within the emirate, may be offering its creditors 60 cents on the dollar as part of ... Orascom may exit Algeria, chairman says
Egypts Orascom Telecom may sell its Algerian operations if it receives a clear sign its investment in the ... Moody's raises Saudi Arabia's currency ratings
Moody's Investors Service has upgraded Saudi Arabia's foreign and local currency government ratings to Aa3 from A1 and ... Dubai inflation falls to 5-year low
Dubai witnessed last year its lowest single-digit inflation in five years, and such a slow pace of increase in ... S&P launches Regional Credit Rating Scale for the GCC
Standard & Poor's Rating Services today announced the launch of a new regional credit rating scale for the Gulf Cooperation ... Markaz: GCC Fund Managers favoring Saudi Arabia
A recently published report by Kuwait Financial Centre "Markaz", which aims to analyze the performance of equity funds ... UAE economy to grow by 2.5-3% this year
The UAE economy is expected to expand by 2.5-3 per cent this year, Minister for Economy Sultan bin Saeed Al ... Rebels free first of five captive Saudi soldiers
Yemeni rebels handed over on Monday the first of five Saudi soldiers they held captive. "The soldier, Yahya Abdullah ... Citigroup's new plan: profit from the next crisis
Citigroup Inc. is readying a new credit derivative, the CLX, writes David Weidner. Why arent regulators stepping in? Microsoft rolls out new phone operating system
Microsoft Corp. revamps its Windows Mobile operating system. Nokia, Intel to merge Linux mobile platforms
Nokia Corp. and Intel Corp. on Monday announced the merger of their Linux operating systems to create a new mobile ... Dubai's Amlak posts Dh177m net loss
Dubai Islamic mortgage provider Amlak recorded its fifth consecutive quarterly loss on Monday to end 2009 with a ... UAE- Central Bank wants to see lower lending rates
The Central Bank of the UAE will take up with banks the issue of rising lending rates that have gone up to ... Jobs market still under threat in UK
> The UK economy is facing more redundancies, with substantial cuts expected in the public sector, a ... Russia to lower oil export duty to $253.7 per ton
Russia is expected to lower oil export duty on its Urals blend from the current $270.7 to $253.7 per metric ... Obama statue relocated after protests
Obama statue relocated after protestsJAKARTA, Feb 15, 2010 -- A statue of U.S. President Barack Obama as a schoolboy has ... Baby walks at 6 months
Baby walks at 6 monthsCAMBRIDGE, England, Feb 15, 2010 -- Doctors said the case of a British baby who learned to walk ... Physicists build 'houses' from light
Physicists build houses from lightCALGARY, Alberta, Feb 15, 2010 -- Canadian physicists say they have taken a step closer ... | 
