Published Date: May 18, 2011
BRUSSELS: European powers began yesterday to distance themselves from Dominique Strauss-Kahn as current French finance minister Christine Lagarde emerged as...Published Date: May 18, 2011
KUWAIT: Kuwait Stock Exchange closed yesterday on a positive note. All the action was in the Real Estate Sector during...Published Date: May 18, 2011
GUANGZHOU: Saudi Basic Industries Corp (SABIC) , the world's largest chemicals producer by market value, said yesterday that it is...Published Date: May 18, 2011
RIYADH: Saudi Arabia's public pension agency invested 2 billion riyals ($533.3 million) in the kingdom's stock market in March, its...Published Date: May 18, 2011
KHARTOUM: Sudan will see an economic crisis after the south secedes in July that could lead to protests and instability...Published Date: May 18, 2011
LONDON: Oil prices edged lower yesterday, pressured by a stronger dollar and concerns about global growth prospects after a slew...Published Date: May 17, 2011
DUBAI: Dubai's government took control of troubled Islamic lender Dubai Bank yesterday to prevent a collapse undermining the Gulf Arab...Published Date: May 17, 2011
DUBAI: Bank Nizwa is set to be Oman's first standalone Islamic bank, after the Gulf state moved to keep investment...Published Date: May 17, 2011
KUWAIT: Kuwait Stock Exchange (KSE) ended yesterday's session on a positive note after a drop on Sunday. However, the volume...Published Date: May 17, 2011
LONDON: Worries over the state of the global economic recovery weighed on stock markets yesterday but the euro managed to...