| GCC Industrial Cooperation Committee Mulls Law on Unified Regulations The participants at the GCC industrial cooperation committee began their 37th meeting here on Wednesday and discussed a number of ... World Bank Global Remittances to Top 700 Billion Dollars by 2016
Worldwide remittances from workers outside their own countries will exceed 700 billion dollars by 2016, the World Bank said Wednesday. ... GCC Islamic banks growing fast Islamic banks in the GCC are likely to grow faster than their conventional counterparts and increase their share of the regions banking ... Saudia to buy 35 new aircraft to meet demand Saudi Arabian Airlines will purchase 35 new aircraft shortly as part of its strategic plan to strengthen its domestic and international fleet ... Obama warns Wall Street over fiscal crisis
 President Barack Obama sent Wall Street a blunt warning Wednesday that it should be very worried about a political crisis that has shut down the ... Dubai set for massive facelift His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday ... UAE seen growing as precious metals hub The UAE will grow as a precious-metals trading hub as more overseas companies turn to the country because of its location near consuming ... Foreign Firms Tap U.S. Gas Bonanza
The U.S. boom in natural-gas production is luring investment from foreign manufacturers eager to tap a cheap, abundant supply of fuel ... Total Debt of S. Korean Major Conglomerates Reaches Nearly $558 Billion
The combined debt of South Koreas 30 major conglomerates by assets nearly doubled to about 600 trillion won in five ... Irans Foreign Trade Registers $37.90 Billion
Irans foreign trade registered $37.90 billion in the first six months of this year starting on March 21. In the first half of this year, ... Germany Cuts Budget Deficit Forecast to 0.2 per cent
Germany on Wednesday cut its budget deficit forecast for 2013 to 0.2 per cent of gross domestic product on the back of solid financial ... Empire State Building lists on New York exchange
 New York City's iconic Empire State Building went public Wednesday as part of a real estate trust traded for the first time on the New York Stock ... Cheap imported iron threatens to bankrupt local mills Reduced prices of iron in the Saudi market are a source of worry for local iron mills. They are facing increased production costs while many ... S. Korea Plans to Sell up to 33.8 Trillion Won Worth Currency Bonds Next Year
South Korea plans to sell up to 33.8 trillion won about worth of currency stabilization bonds next year as it braces ... Gold steadies above low of two months
Gold edged up on Wednesday after a three percent fall in the previous session to a two-month low, as investors focused on the first US ... Oil falls below $108 on better supply signs
Brent crude oil slipped below $108 a barrel on Wednesday, extending five weeks of falls on signs of improving global supply. Oil prices ... Reuters orders broad editorial staff cuts
 The Reuters news agency is cutting some five percent of its editorial staff, a source close to the company said Wednesday, the latest layoffs in the ... Its raining smartphones in Dubai! It was a gift from the heavens, literally. Nokia Middle East launched its anticipated smartphone, the Nokia Lumia 1020, with a sensational ... Kuwait- Porn Films Seized Personnel from the Artistic Works Department of the Ministry of Information recently raided a shop in Mangaf, arrested the employees and ... Kuwait- 4 Women Among Six Asians Held Running Liquor Factory In what seems like the largest liquor factory uncovered in Kuwait, security operatives confiscated 229 gallons of local brew and 1,244 bottles ... UAE- Driver accused of raping cleaner A 32-year-old driver allegedly raped a part-time cleaner on her first day on the job while in his flat, a court heard. The accused forced ... | 
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