| Eurozone Finance Ministers Approve 43.7 Billion Euros for Greece Bailout
 Eurozone finance ministers Tuesday approved 43.7 billion euros in progressive bailout payments for Greece after ... Saudi Arabia Invests $ 50 Billion In Mining: Al-Naimi The Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi stressed that Saudi total investments in mining field ... US to auction 20 mln acres in Gulf of Mexico for oil, gas exploration
> The Obama administration on Tuesday announced it would auction off 20 million acres in the Western Gulf of Mexico for oil and ... Gold price hits new high in India
> Gold prices in India rose by around 50 cents on Tuesday to touch a new high of USD 659 per ten grams, due to brisk seasonal ... Qatar, Jordan Discuss cooperation in Energy
 Jordanian Minister of Energy and Mineral Resources, Alaa al-Batayneh met here on Tuesday with Qatar's ambassador to Jordan HE Zayed Bin ... Kuwait- Mayadeen records KD 1.5 mln loss in third quarter Board of Directors of National Ranges Company met on Nov 26, 2012 and approved the interim financial statements for the Q3 of 2012. ... Spain's 2013 unemployment level to hit 26.9%
The Organization for Economic Co-operation and Development's latest report shows that in 2013, Spanish unemployment rate is forecasted to hit 26.9 ... Ministry punishes firms after discovering 47,000 fake Saudi employees The Ministry of Labor has suspended the advantages it had granted to several companies that were implementing the Nitaqat system after it ... War for oil market share looms on US Gulf Coast
For years inland North American oil producers have yearned for easy access to the huge US Gulf Coast market to escape the crushing competition ... Saudi- EP takes major share of SR 39.2 bn deals in Q3 The value of Saudi awarded contracts during the Q3, 2012 declined compared to the previous two quarters of 2012. The SR 39.2 billion in awarded ... EU reaches compromise on ratings agency rules
 The European Commission, European Parliament and European Council have reached compromise on new rules meant to govern credit ratings agencies, EU ... Portuguese lawmakers clear biting 2013 austerity budget
 Bailed-out Portugal's lawmakers gave final approval Tuesday to a 2013 budget imposing an unprecedented austerity squeeze even as protesters massed ... Greek deal buys time, but drift towards debt write-down: analysts
 A deal struck Tuesday to cut back Greek debt to creditor countries and the IMF paves the way for easier cashflow management in Athens, but analysts ... France's Hollande threatens nationalisation in Mittal row
 French President Francois Hollande threatened Tuesday to nationalise a plant owned by steelmaker ArcelorMittal in an increasingly heated dispute in ... Barbs fly between HP and former exec on probe
 Hewlett-Packard and the former head of a British software firm it acquired traded barbs Tuesday over the US firm's allegations of deliberate ... Saudi- 5 bribery defendants convicted, jailed The defendants were also fined a total of SR 2 million. The rain water drainage manager was sentenced seven years and fined SR 1 million. A ... President Mursi's failed gambit Egypt is in revolution mode once again. President Muhammad Mursi's controversial Constitutional Decree, announced last week, has polarized the ... We are with Hezbollah, let it fight Israel The leader of Hezbollah, Hassan Nasrallah, has finally threatened that he will initiate an attack against Israel and bombard it with thousands ... Kuwait- Al Habtoor, Emaar hold investment talks
 The Al Habtoor Group and Emaar are in talks to collaborate on investments in Belarus. Senior executives from both Dubai conglomerates ... Kuwait- KFH board recommends 20% capital hike to fund expansion Kuwait Finance House board decided during its meeting on November 26th to increase its capital by 20%. The share price and the premium ... | 
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