| Saudi Minister of Petroleum: High oil price not justified
Minister of Petroleum and Mineral Resources Ali Al-Naimi said yesterday the high price of crude was not justified by ... Ex-Jeddah mayor gets 5 years for corruption
The head of the third criminal department in Jeddah's administrative court sentenced the former mayor of Jeddah five ... Saudi- 20% power produced without using fuel
Head of the Saudi Electricity Company Ali bin Saleh Al-Barrak said 20 percent of the country's electricity is ... Commodity investors should demand benchmark change
For the last two decades, the diversified approach to commodity investing encapsulated by the Dow Jones-UBS Commodity ... UAE Central bank sees 4% growth
The UAE economy has shown sustained resilience towards global and domestic challenges and is on course to record ... Kuwait- Inflation ticks higher to 3.1 percent in July y-o-y
Inflation in the Consumer Price Index firmed slightly to 3.1% y/y in July from 2.8% in June, thanks almost ... Interest-free banking windows urged at Indian banks in Gulf
The Indian Forum for Interest-Free Banking has called upon Prime Minister Manmohan Singh to take quick measures ... Saudi- Kafala Program issues SR 600 m guarantees for SMEs
Kafala Program has issued 1,061 guarantees for small and medium enterprises since the beginning of the current ... Saudi- SR 444 million water and electricity projects signed
The Minister of Water and Electricity, Abdullah bin Abdulrahman Al-Hossein, signed 21 contracts to implement water and ... Saudi Arabia's GDP seen at healthy 6% in 2012
The global economic picture is expected to remain murky in H2, 2012, as major economies continue to tread water ... Egypt balance of payments deficit at USD11b in FY 2011/2012
Official data showed that Egypt's balance of payments deficit stood at USD11.3 billion in the financial year to June, up from ... Israel getting increasingly isolated
SHOULD Israel be worried? Very much so, for the age of total impunity is coming to an end. Critical voices of the ... Could Syria and Lebanon be steppingstone to Iran?
FEW would dispute that Syria's Al-Assad regime has to go; it's crossed too many red lines soaked in innocent blood to ... Pakistani Veiled-girl 'prevented' from attending classes in Kuwait
The father of a Pakistani girl has filed a complaint at the Private Education Department in the Ministry of Education ... UAE- Two held for forcing man to sign Dh600,000 cheque
Two Iranian students allegedly confined an Emirati businessman in his hotel room and forced him to sign a ... UAE- Man who missed wedding to marry finally
The wedding bells are ringing, once again, for Indian expatriate Sunil who couldn't make it to reach his marriage ... | 
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