| Saudi- ABB to invest $ 40 million to build new plant
ABB, a major power and automation technology group, will invest around $ 40 million, to construct a new manufacturing ... Saudi- eXtra's profits surge 6.4%, sales 19.9%
United Electronics Company , Saudi Arabia's fastest-growing big box consumer electronics and home appliance ... $67-70 million loans granted to 5 African nations by Kuwait
Five African countries have recieved loans worth a total of around $67-70 million from the state-founded Kuwait Fund ... Saudi CMA expected to start cross-listing foreign firms in 2013
Saudi Capital Markets Authority unveiled plans to start cross-listing foreign companies on its exchange within a ... US economic growth slows in H1: Fed
US Federal Reserve's Chairman, Ben Bernanke, stated that during the first 6 months of the current year, the US economic growth ... Dubai to boost hotel room capacity
Dubai's hospitality sector is set for major boom given the number of new hotel rooms in the pipeline in the ... Canada's CB keeps benchmark interest rate unchanged, at 1%
The Bank of Canada stated that its benchmark interest rate remains unchanged at 1 percent, citing worsening global economy, ... UAE- Dh10 levy on imported mobiles
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of ... Saudi- Ramadan traditions keep markets profitable
Ramadan is a month of festivities for Muslims around the world. It is an opportunity for them to clear their souls of ... Spaniards stage mass protests against austerity plan
> Large numbers of Spanish people took to streets countrywide on Monday in protest against the ... Libor scandal undermines market confidence
The scandal of banks having manipulated the Libor global interest rate benchmark is taking a toll on confidence in the ... Saudi- Tadawul keeps downward march
The Tadawul All-Share Index started a sideways walk along the break-even line earlier yesterday, abruptly ... EU inflation up to 2.6 pct
> The annual inflation in the 27-member European Union was 2.6% in June, up from 2.5% in May. ... UAE- Smartphone, laptop sales soar at DSS
The elecronics retailers handled more customers at this year's Dubai Summer Surprises . Laptops, smartphones ... Kuwait- Salafist fatwa bans 'politics'
Several clerics and preachers of the Salafist Movement on Monday issued a 'fatwa' to prohibit seminars, ... Jordan moving to ward off Syrian chemical attack
Jordan has taken precautions to ward off a possible Syrian chemical attack, Jordan's foreign minister said Tuesday, ... UAE- Man applies to get visas for his '39 children', lands in prison
A man who submitted applications for obtaining residence visas for 40 people laiming all of them except one are ... Jordan- Anti-pornography campaign sparks heated Facebook debate
An anti-pornography sites campaign in the Kingdom has sparked a heated Facebook debate. Opponents of a Facebook ... Freedom of the Hijab
IT'S BEEN over two months since I decided to become a hijabi - one who wears a head scarf and adheres to modest ... UAE- Visitor says she stabbed man to prevent rape
A 28-year-old Ugandan woman visitor stood trial in the Court of First Instance on Monday on the charge of stabbing ... | 
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