| US court Oks AMR-US Airways merger plan
US Bankruptcy Judge, Sean Lane, endorsed a plan announced in February by AMR Corp, parent of American Airlines, to merge with US Airways Group, reported ... $ 236 bn: Arab businesswomen grow in value
 Amid the goodwill, congeniality and humor there was bracing message at the core of the Arab women in the Global Economy Forum: 'Seize your ... S&P raises Turkey's debt rating
 Standard & Poor's raised its sovereign debt rating for Turkey by one step to "BB+" on Wednesday, citing the boost given to the government's finances ... IMF urges countries to cut energy subsidies
 The International Monetary Fund urged countries to reduce subsidies on energy, saying they worsen government's fiscal positions and eventually create ... Oil prices edge higher; WTI at 6-week high
 Oil prices finished higher Wednesday after trading at a loss for most of the day as a climb in US crude inventories was countered by a fall in stocks ... Belgium needs reforms to fix economy, boost growth: IMF
 The Belgian economy faces a second year of near zero growth, hampered by a loss of competitive edge and structural problems as the government cuts ... Greek banks post heavy losses
 Greece's top lender National Bank on Wednesday reported a net loss of 2.14 billion euros for 2012 while Alpha Bank said it had ... Consortium plans expansion of Shetland oilfield
 A BP-led consortium of oil companies will pump more than £330 million into a drilling programme which it hopes will lead to a rapid expansion of the ... Cyprus confirms banks to reopen
 Banks in Cyprus are to reopen Thursday but with draconian controls on transfers, spending and cash withdrawals unprecedented in the eurozone.Finance ... GCC 'single currency to further strengthen economic stability'
 A senior foreign exchange analyst attending the 4th Saudi Money Expo and Conference 2013 has predicted a rise in global gold prices in ... Saudi- SEC offers $ 2 bn bonds to international investors The Saudi Electricity Company yesterday announced that it is offering bonds to international investors with fixed incomes in the United ... S Korea posts current account surplus of USD2.71b in Feb
The Bank of Korea announced that the country's current account balance posted a surplus for the 13th consecutive month in February, at USD2.71 billion, ... Saudi- 1.79 m jobs: Tourism set to be biggest employer
 The tourism sector will soon become the largest employer in the Kingdom, according to the Saudi Arabian Monetary Agency . The sector ... $ 150,000 MIT research grant for Saudi student
 A Saudi student at the Massachusetts Institute of Technology's Geospatial Data Center has won a $ 150,000 grant for his research. ... Saudi- Minimum wage 'can't be raised' at whim
 Labor Minister Adel Fakeih has said that the minimum wage system is a multidimensional issue with economic implications that must be ... China 'two-child policy' town shows scope for reform
 A few places in China give parents a rare right to have two offspring rather than one, but many stop at a single child anyway -- fuelling demands to ... Saudi- Jazan province to embark on SR 880 m road projects Jazan province is poised to implement road projects worth SR 880.38 million, said the director general of roads and transport in Jazan ... Saudi- 2 guards shot at Alkhobar hospital Two security guards at Alkhobar's King Fahad University Hospital were shot by a another person visiting the hospital. Security forces ... Kuwaiti woman tortures her children An unidentified Kuwaiti woman has been detained for interrogation for allegedly torturing her children by pouring cold water and caustic ... | 
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