| Arab Common Exchange launched
 A major outcome of the preparatory meetings of the Arab private and public sectors is the launch of the Arab Common Exchange ... Saudi- PPA, Sanabil acquire 19.4% stake in ACWA Power
 Saudi Public Pension Agency and Sanabil have acquired a 19.4 percent of equity stake in ACWA Power International , it was ... AIG sues New York Fed over lawsuit rights
 American International Group has filed a lawsuit against an investment structure created by the Federal Reserve Bank of New York to help bailout the ... Barclays: Global economy on recovery course despite risks
 Barclays has revealed its January 2013 edition of Compass, a monthly flagship of wealth and investment management research dedicated to ... SR3,000 minimum salary set for Saudis in private firms The Labor Ministry said yesterday that it would implement the new minimum salary system on Feb. 2 in order encourage private firms to increase ... Is WTO about to abandon dream of global free trade?
 As it seeks a new chief to lead it out of a negotiating death-spiral, the World Trade Organization looks doomed to be fatally undermined by new ... Saudi- Mobily awards $256m deals to Ericsson, Huawei
 Etihad Etisalat has launched a large-scale operations to expand and upgrade its 3G and 4G networks along with its advanced and ... Mideast M&A activity hits $20 billion in 2012 Middle Eastern investment banking fees reached $536.1 million during 2012, a 19 percent increase over 2011, according to a report from Thomson ... Icahn buys 1.56% stake in Swiss Transocean
Billionaire investor Carl Icahn has acquired a 1.56 percent stake in the Swiss offshore drilling firm Transocean Ltd, with intentions to increase the ... Another fuel spill hits Boeing 787: report
 A Japan Airlines Boeing 787 suffered a fuel spill on Sunday for the second time in a week, a report said.The latest incident happened at Tokyo's ... Opel losses to last until at least 2014: GM boss
 The head of General Motors in Europe said on Sunday that losses at its struggling German arm Opel would continue for at least two more years and ... GM's JV sales in China grow by 23.2% in December
US No.1 automaker General Motors Co reported a 23.2 percent increase in China sales in December through its joint ventures, Reuters reported. The ... German economy set to bounce back from crisis blues
 The German economy, Europe's biggest, has begun to feel the effects of the cold winds of recession blowing elsewhere in the region, but any downturn ... Egypt opens old wound with Mubarak's retrial Egypt ordered a retrial of deposed President Hosni Mubarak yesterday after accepting an appeal against his life sentence, opening up an old ... UAE's 2012 SWF assets hit USD451b The Institute for International Finance stated that at the end of 2012, the assets of the UAE's sovereign wealth funds hit nearly USD451 ... Saudis' psychology of humor This is not funny ... is she out of her mind? This was the reaction most of Saudis expressed in a response to Chelsea Handler who made fun of ... Social changes: Are they to blame for children's disobedience? There are few subjects that bring more fear into the hearts of all members of society than reports of rebellion, disobedience and even violence ... Can KSA abolish capital punishment? The recent capital punishment meted out to a Sri Lankan housemaid has raked up a controversy in a section of the Western media. They are making ... Thousands strip for 'No Pants Subway Ride'
 Hundreds of people in Mexico City shed their pants and skirts to take part in the "No Pants Subway Ride" prank, just for laughs, around the ... Swine flu kills second Jordanian in week: minister
 A Jordanian woman has died of swine flu in the second such death in a week, Health Minister Abdullatif Wreikat said on Sunday."The woman, who was in ... Indian organisers 'prepared' for world's biggest festival
 Organisers of the world's biggest religious festival, which starts on the banks of the river Ganges on Monday, said they were ready for the tens of ... Maid's execution: KSA won't allow any foreign interference
 The Kingdom said yesterday that the execution of Rizana Nafeek, a Sri Lankan maid who was convicted of killing a baby in her care in 2005, was ... | 
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