| IMF slashes 2012 economic growth forecast, warns of deeper downturn
On 24 January 2012, the IMF cut its forecasts for global growth and warned of a deeper downturn worldwide if Europe ... US unemployment rate falls to 8.3%
The US unemployment rate dropped to 8.3 percent in January, the Labour Department said Friday, reaching a ... Saudi- Top govt officials to disclose assets
The means and ways to be followed by senior government officials in disclosing their holdings and properties have been ... Saudi- Dozens to be probed in cement crisis
More than 70 people involved in the current crisis of cement shortage in Jeddah will be investigated and sentenced ... Saudi- Broadband: STC setting new standards
Saudi Telecom Co. is working on providing comprehensive Internet-related services for, both, the business and ... Delivery of 777-300ERs strengthens Saudi-Boeing ties
Boeing reached a major milestone with Saudi Arabian Airlines when it delivered the airline's first two 777-300ERs ... Navigating the straits of uncertainty: Outlook for oil prices
The last fortnight has witnessed several events, which have cast a pall of gloom across the Gulf region and imbued ... Arab stocks rally as investors upbeat over earnings
Arab stocks scored gains across-the-board last week as investors appeared upbeat over annual earnings and the ... UAE, Qatar ban funding trade with Iran
Bankers said that the central banks of UAE ordered lenders to halt financing trade with Iran, following international sanctions ... Gulf markets mixed; Panic hits Egyptian stocks
The Kuwaiti market closed on a mixed note this week. The price index traded horizontally gaining 0.07 percent closing ... Saudi- King and IMF chief analyze global economic challenges
Custodian of the Two Holy Mosques King Abdullah discussed world economic developments and matters related to the ... Kuwait- 'Policeman forced me to dress like woman to fulfill his urges'
A 20-year-old youth Adel, who claims to have been wrongly accused of cross-dressing, narrated his woes to Al-Rai ... UAE- Driver jailed for raping woman at workplace
A Pakistani driver aged 43, was sentenced to five years in prison by the Court of First Instance recently for ... Saudi- Murder convict executed
Saudi Arabia on Thursday executed a man convicted of murder in the Kingdom's southwest, the Interior Ministry ... Saudi- Child's headless body found
Police in Makkah discovered the headless body of a boy near a garbage box in the city's Al-Sharaie district. Security ... | 
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