| US trade deficit balloons in November
 The US trade deficit widened sharply in November and posting the highest level in seven months amid a jump in consumer-goods imports, according to ... Arab leaders seek to create 70 million jobs in 10 years Top business and political experts and leaders gather in Riyadh tomorrow to discuss pressing economic issues facing Arab countries, including ... ECB keeps rates, sees recovery later in 2013
The eurozone economy will recover later in 2013 and there are already some signs of stabilisation, the European Central Bank said on ... Iraq okays Kuwait
energy deal Iraq has approved an oil exploration deal with a Kuwait-led group, a statement said on Thursday, replacing a previous agreement with a ... Amex cuts 5,400 jobs as digital age changes travel business
American Express will eliminate 5,400 jobs this year, mostly in travel services, as consumers and businesses rely more on digital ... UAE- DME sees 40% growth in volumes Dubai Mercantile Exchange, DME, announced on Thursday that average daily volumes in the settlement window on the Exchange grew by 40 ... UAE's economic freedom score rises in global index The UAE is ranked among the five emerging economies that had notably improved economic freedom in recent years, surviving the global ... UAE- Taqa buying 50% stake in US wind project Abu Dhabi National Energy Company, or Taqa, on Wednesday said it is buying a 50 per cent stake in a wind power project from a subsidiary of ... Arabplast concludes with over $3b machinery deals
 Arabplast concludes recording machinery deals worth over $3 billion, Al Fajer Information and Services, the organiser of the Arabplast 2013 ... Egypt central bank head changed to buoy pound Egypt appointed Hisham Ramez to take over as governor of a central bank that's fighting to preserve public confidence in the pound after it ... US orders full review of 787
US regulators said they will perform a far-reaching review of the design, manufacturing and assembly of Boeing Co's 787 Dreamliner after a ... UAE- Mortgage ceiling seen to impact property demand
 The UAE move to cap mortgage levels to 50 per cent of a property's value for expatriates and 70 per cent for Emiratis is likely to impact ... Saudi- SR338m contracts for Qatif projects Qatif municipality awarded contracts worth SR338 million for a series of service, municipal and development projects in Qatif governorate ... Half of world food goes waste
Up to half of all the food produced worldwide ends up going to waste due to poor harvesting, storage and transport methods as well as ... Czech auto maker Skoda posts record sales
 Skoda Auto, the largest Czech car maker owned by Germany's Volkswagen, said on Friday it had sold a record 939,200 cars in 2012, an increase of 6.8 ... Sao Paulo to force treatment on crack addicts
 Brazil's richest city Sao Paulo will start rounding up the most down-and-out crack addicts from its streets and make them get treatment whether they ... French lesbians take 'baby train' to Belgium
 As France braces this weekend for giant protests against gay marriage and adoption, neighbouring Belgium has become a haven for French lesbians, who ... Italian court rules gay couples can bring up children
 Italy's highest court on Friday said gay couples can bring up children as well as heterosexual couples in a landmark ruling in a predominantly ... Iraq-Rallies highlight Sunni anger against Al-Maliki Tens of thousands of Iraqi Sunnis took to the streets in Baghdad and other cities after prayers on Friday, in another show of discontent with ... Ministries join forces to Saudize industrial jobs
 The ministries of Labor, Economy and Planning and Civil Service Affairs are making joint efforts to nationalize jobs in the industrial sector ... Iran seized Saudi boats that lost their way A spokesman for the Saudi Coast Guard in the Eastern Province has confirmed news reports that two fishing boats from Saudi Arabia were seized ... Saudi- Women rescued from bath fire Civil Defense teams in Jeddah rescued 16 women from a fire that broke out at a gym club consisting of four floors, a local newspaper ... Kuwaiti Trying To Woo A Kuwaiti Woman In Mall Gets Spit In Return A Kuwaiti citizen was arrested recently for harassing and abusing a Kuwaiti woman inside a commercial complex in Salmiya. According to ... | 
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