| GCC to reap record oil revenues of $ 572 bn
Gulf economies now appear fairly firmly on track for historically high surpluses, according to a new report from the ... US senators push for arming of Syria rebels
As the United Nations on Friday nearly doubled its humanitarian appeal for Syria, United States senators urged ... Qatar to invest $ 18 billion in Egypt projects
Qatar said it would invest $ 18 billion in tourism and industry projects along Egypt's Mediterranean coast over the ... Oil rises to near $96 ahead of US jobs data
Oil prices rose to nearly $96 a barrel Friday in Asia, reversing earlier losses as traders awaited the ... Gold price at six-month high, tops $ 1,730
Gold raced to a six-month high yesterday, heading toward $ 1,730 per ounce, after US jobs growth slowed more than ... Glencore raises offer for Xstrata to salvage deal
Trader Glencore has raised its offer for miner Xstrata in a dramatic 11th-hour effort to rescue one of the sector's ... Pakistan and India finalize visa agreement
India is committed to rebuilding its relations with South Asian Pakistan through dialogue, Indian Foreign Minister S. ... Saudi- Jubail and Yanbu infrastructure upgrade gets green light
Work will soon start on upgrading infrastructure in residential areas of Jubail Industrial City and in Aziziyah ... Higher food prices drive Kuwait''s inflation up to 3.1 pct
> The soaring global food prices have driven Kuwait's inflation rates up to 3.1 percent in July 2012, a ... Germany- Lufthansa passengers face day of chaos as cabin crews strike
Lufthansa passengers faced a day of chaos Friday after a 24-hour nationwide strike by cabin crew forced ... Spain gets more respite in bond markets
Spain saw its cost of borrowing fall further, a day after the European Central Bank unveiled a new ... US Kroger reports USD279.1m profit in Q2
Ohio-based retail food chain Kroger Co. posted USD279.1 million net profit during its fiscal second quarter ended August 11, down ... UAE travel, tourism sector most advanced in Mideast
The UAE is ranked No.1 in the Middle East for having the most advanced travel and tourism sector, according to ... Iran: From exporting revolution to drugs
THE Saudi Ministry of Interior foiled attempts to smuggle into the Kingdom SR 1.9 billion worth of drugs over the past ... Malaria: A solid investment for GCC countries
DESPITE best efforts and tremendous progress, malaria continues to infect an estimated 216 million people around the ... Saudi- SAMA probes bank account 'swindling'
The Saudi Arabian Monetary Agency has opened intensive investigations into complaints by citizens who claimed ... E-commerce has a long way to go
E-commerce is struggling in Saudi Arabia because of a lack of regulations controlling the industry. In the last 10 ... Saudi- 'Groom of Taif prison' pardoned
Awad Al-Harbi, a Saudi who has been on death row in a Taif prison for 18 years, has been pardoned by the family of his ... 500 Jeddah schools found violating safety rules
The safety committee of the Civil Defense determined during recent inspection tours of government and private schools ... Saudis report some domestic workers prey on elderly
Older Saudi women living alone or with young children are sometimes targeted by expatriate domestic workers seeking ... | 
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