| GCC hospitality sector sees strong growth The GCC region's hospitality sector has been showing strong growth due to rising business tourism, says a report by the Kuwait Financial ... Fed maintains bond-buying programme, keeps rates The US Federal Reserve left unchanged near-zero interest rates and its massive bond-buying programme yesterday, saying growth was modest in ... India aims to stabilise rupee with quasi-sovereign issues India said on Wednesday it would ask state firms to raise funds abroad in "quasi-sovereign" bond issues and might also raise import taxes ... Kingdom's nonoil economy to grow 6% in 2013 Saudi nonoil economy is predicted to grow by 6 percent in 2013-2014 compared to 7.1 percent in 2012, a banking report said. The report, ... China manufacturing indices send mixed messages
 Rival surveys of China's manufacturing sector offered mixed signals about the world's second-largest economy Thursday, with a private measure sinking ... Dubai design industry set to provide global platform
 Dubai's thriving design industry is a key asset in the emirate's bid to host Expo 2020, by providing like-minded individuals with a home ... Saudi stocks rise to near 16-month high Investors are positioning themselves for further market appreciation as three sessions remain before the week-long closure of the Saudi stock ... Sony to reject entertainment spinoff proposal
Sony's board is likely to reject a US hedge fund's proposal to spin off part of its profitable entertainment arm, a report said Thursday, ... Facebook passes $38 IPO price
Social networking giant Facebook has breached its 2012 IPO price of $38 a share for the first time since the company's May 2012 initial public ... Investcorp posts 56% increase in net income
Investcorp, a global provider and manager of alternative investment products, delivered a strong overall performance with net income ... Kuwait- Jazeera Airways logs record H1 profit
 �In a webcast attended by local and international analysts, Jazeera Airways Group today announced a record net profit of KD 3.9 million for ... Almarai expansion: Share capital to rise 50% Almarai Company is planning to boost its share capital from SR4,000 million to SR6,000 million, an increase of 50 percent, by issuing 200 ... Syria gets USD3.6b credit line from Iran to buy oil products Iran has agreed to grant Syria USD3.6 billion credit facility to help it buy oil products to shore up President Bashar Al Assad's war battered economy, ... Malaysian PM: Malaysia's Economy Set to Expand in 2013, 2014
� The Malaysian economy is set to continue to expand in 2013 and 2014 albeit with a slight moderation in growth, said Prime Minister ... S. Korea's Consumer Price Growth Hits 5-Month High in July
�South Korea's consumer prices grew at the fastest pace in five months in July due to the on-year gain in oil prices, but they ran ... German FM Calls for Unity in Egypt
 �German Foreign Minister Guido Westerwelle said here on Wednesday that the unrest in Egypt formed a threat to German political and ... Australia opens 'world's smartest' aquarium
A major research aquarium able to simulate ocean warming and carry out key studies on the deadly crown-of-thorns starfish devastating the ... Giant crematorium at revered Nepal site alarms UNESCO
 The UN's cultural body has voiced alarm at the building of a giant crematorium within a fabled temple complex in Nepal, worried it will become an ... Robotic surgery to cure apnea beamed live to doctors worldwide
 Over 2,000 doctors across the world viewed a real-time live robotic surgery performed on two patients at the Asian Heart Institute to cure ... UAE- A marriage on the rocks The following story depicts how a moment of passion left a marriage in tatters, but despite being overburdened with hurt and anger when the ... UAE- Maid gets 1-year jail for prostitution A housemaid has been sentenced to one year in prison by the Court of First Instance for working in prostitution and attempting to abort her ... | 
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