| Saudi- Kingdom's IT investment set to hit $ 13 billion
 Saudi Arabia's volume of investment in information technology is expected to soar to $ 13 billion, according to a source from the ... KIA gets $1bn license in China bond market Kuwait Investment Autho-rity was recently granted a CNY 6.5 billion license by China's central bank to invest in the ... World's biggest ship salvage takes shape in Italy
 A giant yellow drill shatters into the rocky seabed next to the rusting Costa Concordia wreck as workers battle to pull off the biggest salvage ... Exxon seeks to quit flagship Iraq oil project Exxon Mobil wants to leave its giant oilfield project in southern Iraq, diplomatic sources said, in a move likely to aggravate the ... Egypt Gets US$ 1 billion From Turkey End of October Egypt will receive the first half of the aid package worth of US$1 billion credit from Turkey in two installments starting the end of ... Moody's downgrades world's oldest bank to 'junk'
 Moody's credit rating agency on Thursday downgraded the world's oldest bank, Italy's Banca Monte dei Paschi di Siena, to "junk" status on worries ... Egypt leaves interest rates unchanged Egypt's central bank kept its benchmark interest rates unchanged in a move that will help the government support the local currency even as ... Saudi Arabia leads in Middle East FDI Saudi Arabia, Qatar and the UAE accounted for 62 percent of the total foreign direct investment projects in the Middle East in the first ... New CNOOC Oil Fields Begin Operation
China National Offshore Oil Corp Ltd, China's largest offshore oil producer, said that production has started at two of the company's ... China's Foreign Investment Falls 3.8% in Q3
Foreign direct investment China ,the world's second-largest economy, fell 3.8% year-on-year in the first nine months of this year, the ... EU leaders Agree on 2013 Bank Supervision
 EU Summit Leaders decided on Friday to create a new post of banking supervisor starting January 2013 in a bid to make direct ... Saudi- King launches hundreds of health projects
 Custodian of the Two Holy Mosques King Abdullah inaugurated 420 health projects and laid foundation stones for 127 other health facilities ... Croatia arrests fugitive 'playboy priest'
 A fugitive Croatian priest who allegedly ran off with almost one million euros and a married woman after illegally selling church ... Lights out as Egypt plans to pull plug on all night shopping
 Buying a pair of trousers at one in the morning has never been a problem in Cairo, but a new government proposal to slash trading hours could ... Saudi-Strategic wheat storage to be doubled Saudi Arabia is addressing the international food crisis by increasing its strategic storage of wheat. This is expected to cover one year's ... Saudi- Shoura set to welcome women members
 The Shoura Council is making seating arrangements for 35 women members in preparation for their appointment, reports in the media said ... UAE- Julphar sales revenue climbs 14% Gulf Pharmaceutical Industries, or Julphar, registered a sales revenue of Dh902.1 million in the first nine months of 2012, up 14 per cent ... Newsweek to become all-digital
 Venerable US magazine Newsweek announced Thursday its last print edition would be December 31, saying it would turn all-digital to cut costs in an ... More than 1.5m pilgrims arrive in Saudi, thus far to perform Haj As many as 1,543,606 pilgrims arrived in Saudi Arabia until the end of yesterday to perform Haj, it was reported here today. Director General ... Saudi- New library to cost SR 100 million
 Abdullah Alrubaish, Dammam University rector, has launched a campaign to focus on educating students on library services and encourage them to ... | 
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