| IMF in talks with Egypt as currency crisis bites A senior IMF official met Egypt's government yesterday to discuss a vital $ 4.8 billion loan as the state battles to contain a currency crisis ... Airbus wins Indian air refuelling tanker contract
 European aircraft manufacturer Airbus said Monday that it has won a tender to supply India with six A330 air refuelling tankers, a deal potentially ... Dubai's Nakheel issues third tranche of debt deal Dubai's Nakheel has issued its third tranche of sukuk issue as part of its USD1 billion debt restructuring plan, Reuters reported. The USD32.94 million ... Alitalia shareholder deal countdown amid rumours
 Alitalia is back in the headlines once more as a deal with shareholders not to sell off their shares is set to expire and the fate of Italy's ... Saudi- Sony unveils new Xperia range
 Sony Mobile Communications has announced two new Xperia smartphones for consumers looking for premium specifications and ... New Berlin airport faces fresh delay: official
 The opening of Berlin's new main airport has been postponed again after several previous delays, an official said on Monday, in a fresh embarrassment ... Harmony may shut S. Africa mine after labour unrest
 Harmony Gold may shut its Kusasalethu mine, where violent labour strife killed at least two workers last year and mine managers have received death ... Bank of America to pay $11.6 bn in Fannie Mae deal
 Bank of America said Monday it would pay $11.6 billion to settle claims on soured loans sold to mortgage finance giant Fannie Mae.The settlement ... OPEC's 2012 income hits USD1.154tr
The US Energy Information Administration stated that crude export income of the Organization of Petroleum Exporting Countries hit an all time ... Saudi- 20% real estate growth forecast A pivotal change in the Saudi real estate market is expected in 2013, according to a number of financiers and developers specialized in this ... Saudi- No going back on Saudization The Ministry of Labor spares no effort in supporting and strengthening the Saudization process and pushing it forward while implementing the ... Saudi- SR 102 bn to be spent on schoolteachers, staff
 : About 87 percent of this year's education budget of SR 118.43 billion has been set aside for paying salaries of teachers and other employees, ... Saudi- SR 2,400 levy to stay Labor Minister Adel Fakeih has said there is no plan to withdraw the SR 2,400 levy imposed on private companies that employ foreigners in ... Saudi aluminum plant attractive to British luxury auto maker At a time when manufacturing is increasingly moving away from its traditional bases in the US and Europe and toward emerging markets, the news ... Global: Saudi budget surplus to hit SR 349 bn in 2013
 The Kuwait-based Global Investment House has predicted that Saudi Arabia will record a budget surplus of SR 349 billion in 2013, based ... US home loan servicers to pay billions to borrowers
 Ten US home loan servicers will pay $8.5 billion in cash and assistance to homeowners for mishandling mortgages under foreclosure over the past two ... Take a hip hop lesson, 'a la francaise'
 Celine Lefevre doesn't come from the ghetto, she's white, and female. Not your typical rapper. But when she tells the story of hip hop in a snap, ... Stolen Matisse turns up in Britain
 A Matisse painting stolen 25 years ago from the Museum of Modern Art in Stockholm has turned up in Britain, where a dealer had hoped to sell it on ... | 
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