| Local markets unruffled by US shutdown The standoff between Democrats and Republicans in the Congress, which led to the partial shutdown of the US government, persisted with no sign ... Kuwait Oil Exports To Japan Down For 1st Time In 3 Mnths Kuwait's crude oil exports to Japan fell 37.5 percent in August from a year earlier to 6.81 million barrels, or 227,000 barrels per day , ... Qatar- Infrastructure spending to narrow fiscal surplus The pick up in Qatars infrastructure project is expected to narrow the countrys fiscal surplus from a record 14.2 percent of GDP in 2012-13 ... Chinas Manufacturing Field Shows Positive Growth
China's Manufacturing production continued to pick up for the third consecutive month in September, driven by the expansion of new ... Indias quarterly current account gap widens
 India's current account deficit widened in the April-June quarter as imports rose and exports fell, data showed, spelling more bad news for the ... Bulgaria, Serbia Agree to Set Up Gas Pipeline
Bulgarian Economy and Energy Minister Dragomir Stoynev has insisted that the South Stream gas pipeline project will give a boost to the ... USA Lifts Ban On Air Frieght From Yemen Enering US
The United States has lifted its ban on air freight from Yemen entering the US, Transport Minister Waed Bathaib said Tuesday. The ... US film studio Paramount cuts 5 percent of staff
 US film giant Paramount is to cut 110 employees, or about five percent of its staff, an internal memo says.The cuts will be made across the Viacom ... World population to hit 9.7 billion in 2050
 The world's population will rise to 9.7 billion in 2050 from the current level of 7.1 billion and India will overtake China as the world's most ... WTI crude falls a third day on US situation
West Texas Intermediate slid for a third day as part of the US government shut down over a budget stalemate, threatening to slow the ... Gold declines below $1,300 on budget bet
Gold futures fell below $1,300 an ounce to the cheapest in seven weeks on speculation a US government closure will be ... Feasibility studies for GCC railway project under way
 Two international firms will conduct feasibility studies for the proposed multibillion-riyal railway project that would link the six-member ... Middle East funds bullish on KSA, cautious on UAE Fund managers in the Middle East are set to pump more money into Saudi Arabia over coming months but may withdraw some funds from Dubai because ... Dubais property prices hit 42 pct growth in 2012 Market analyst reported that property prices in Dubai have increased 42 percent in 2012, while rentals rose 23 percent, according to Arabian ... Eurozone Unemployment Holds Steady at 12 per Cent in August
Unemployment in the eurozone held steady at 12 per cent in August, the European Union statistics office Eurostat said on Tuesday. The ... Currency trades of banks under probe in Pakistan
The State Bank of Pakistan is probing local banks' foreign-exchange trades following the rupee's worst plunge since the global financial ... UAE and Philippines will sign deal soon to protect maids
 The UAE will soon have an agreement with the Philippines to protect maids who are currently not covered by the country's labour ... Internet technology becoming cyber chic
 Models wearing Google Glass eyewear, Pebble smartwatches and other hot gadgets strutted a catwalk late Monday as Internet technology continued to ... Nintendo to stop making Wii console for Japan market
 Japanese game console maker Nintendo said Wednesday it will stop making its Wii console for the Japanese market, but will keep producing it ... Kuwaiti, Arab Girlfriend Making Love Inside A Car A Kuwaiti man and his Arabian girlfriend have been arrested by the Mina Abdullah police for making love inside a car, reports Al-Rai daily. ... Man assaulted woman after threatening her with gang-rape An unemployed Emirati man lured women into his car with marriage proposals before sexually assaulting them, the Court of First Instance has ... | 
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