| U.S. faces significant recession if Congress does not avert fiscal cliff
> A new nonpartisan Congressional report released Wednesday showed the United States will face a ... Over a million bank employees go on strike in India
> More than one million bank employees affiliated with 24 public- sector banks began a their two-day ... Jordan- 'Insurance firms to resume work after deal reached with police'
The Kingdom's insurance firms will resume work on Thursday after an agreement put an end to their one-day strike. ... IMF chief impressed with Mursi's strategy
Egypt has asked for a $ 4.8 billion loan from the International Monetary Fund, which stressed the need for a reform ... Assange asylum bid seen as travesty of justice in Sweden
WHILE WikiLeaks founder Julian Assange battles to stay in Britain, Sweden is incensed he has belittled one of the ... $ 66.4 bn sukuk issued globally in H1
The volume of sukuk issued globally during the first half of the current year reached $ 66.4 billion, according to a ... Dubai- Home rates up on demand
Risk averse banks in the country should play a role in resuming lending to Dubai's real estate sector, which has ... China to invest USD 376 billion in energy-saving projects
> China, the world's second-biggest energy consumer after the US, plans to invest CNY 2.37 trillion UAE- Three cleared of defrauding businessman of $25,000
The Court of Misdemeanours, presided by Judge Ashraf Al Shawadfi, recently cleared three Iranians of defrauding a ... HP reports USD8.9b loss in Q3
Hewlett-Packard Co reported an USD8.9 billion quarterly loss, compared to USD1.9 billion profit a year earlier, on weaker ... Jordan- Annual fuel subsidies projected to reach JD650 million
Minister of Energy and Mineral Resources Alaa Batayneh on Wednesday said annual subsidies for oil derivatives are ... Germany starts ratifying new bank capital rules
Germany has begun the process of ratifying new rules requiring banks to build higher capital defenses against ... Business group urges China overhaul patent system
A foreign business group urged China on Wednesday to make extensive changes to a patent system it said ... Kuwaiti crude up to USD 111.73 pb - KPC
> Price of Kuwaiti crude oil gained 64 cents to USD 111.73 per barrel on Tuesday, said Kuwait ... UAE- Do not sleep in your car with the AC on
Toxicologists at the General Department of Criminal Evidences of the Dubai Police have warned against people ... Saudi- Committee investigating infant swaps in hospitals
Investigations are being made regarding the swapping of two infants in a general hospital located in west of Makkan ... UAE- 3 arrested in fake currency case
The Dubai Police have arrested a gang of three Iranians and is on the lookout for the fourth in a case of fake ... Crocodile exhibit at Dubai Mall
A new crocodile exhibit will greet visitors at the Dubai Aquarium & Underwater Zoo in The Dubai Mall, as two ... | 
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