| S&P affirms Germany's AAA credit rating
 Credit rating agency Standard & Poor's affirmed on Friday the top-notch triple-A rating for German sovereign debt, saying Europe's top economy ... US wants Egypt to free Mursi The US has urged the Egyptian military and interim leaders to free deposed President Muhammad Mursi for the first time since he was detained ... Fitch downgrades France from top rating
 Ratings agency Fitch downgraded France from the top AAA credit rating on Friday, citing a heavier government debt load and poor prospects for ... Suicides hit all-time high in Singapore in 2012
 Suicides in Singapore hit an all-time high of 487 in 2012 as more young people bogged down by stress and relationship woes took their own lives, a ... Saudi Kingdom leads GCC in nonoil production
 The Gulf Cooperation Council countries are strenuously working to diversify income sources and minimize reliance on oil through ... Fitch affirms Kuwait rating Fitch Ratings has affirmed Kuwait's long-term foreign and local currency Issuer Default Ratings at 'AA', noting to a stable outlook and ... JPMorgan Chase profits up, sees slow recovery
 US banking giant JPMorgan Chase Friday logged a 31 percent increase in quarterly profits, but gave a mixed report on the status of the economic ... Vatican freezes cleric's assets in corruption probe
 The Vatican has frozen assets belonging to a senior Italian cleric suspected of money laundering and corruption as part of a probe which may extend ... UAE announces first case of MERS-virus infection
 Health authorities in the UAE have announced that an 82-year-old man has been diagnosed with the MERS coronavirus infection, the first case to be ... Fitch confirms Bahrain's 'BBB' long-term currency IDR Fitch Ratings affirmed Bahrain's long-term foreign currency issuer default rating at 'BBB' with a stable outlook, Arabian Business reported. The ... Al Jaber Building in USD481m Abu Dhabi luxury development Al Jaber Building has won a USD481 million contract from Saadiyat Investment & Development Company for the Hidd Al Saadiyat Villas Development, ... Qatar awards Bechtel contract for USD5.5b Ras Laffan complex US largest construction and engineering firm Bechtel has won a management contract to oversee the design and build of a USD5.5 billion petrochemicals ... Saudi Red Sea set to start USD16m labor camp Saudi Red Sea Housing Services Company is set to start construction works for phase 1 of a USD16 million industrial labor camp in Jazan Economic City ... Saudi- Bank AlJazira's Q2 net profit up 29% to SR 167 million
 Bank AlJazira's net profit for the second quarter amounts to SR 167 million compared with SR 129 million for the same quarter last year, ... Saudi- Market cap surges to SR 1.54 trillion Despite closing lower for three days during the week, Saudi Arabia's benchmark Tadawul All-Share Index dug in at 7,690.38 and finished ... Saudi- Expat remittances to reach SR 109 billion this year Remittances of foreign workers in the Kingdom to their home countries are predicted to climb to nearly SR 109 billion during the current year ... Three gored in Pamplona bull run
 Three men were gored by half-tonne bulls as they raced through Spain's northern city of Pamplona, the bloodiest run of this year's celebrated San ... China island centenarians claim secret of long life
 The elderly residents of one Chinese county have endured invasion, civil war and famine, and many live in unheated concrete shacks on only a few ... Kuwait- Man and wife fined KD 100 for assaulting each other The Misdemeanor Court of Appeals presided over by Judge Abdullah Al-Othman ordered a man and his wife to pay a fine of KD 100 each for ... | 
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