DUBAI: Qatar’s inflation will keep well below last year’s record peak in 2009 despite breakneck economic growth and interest rates should remain stable, Central Bank deputy governor Sheikh Fahad bin
DUBAI: Saudi Arabia will retender its power and water desalination project in Ras Azzour, expected to be the largest in the world, the Saline Water Conversion Corp said on Friday. The plant
CAIRO: Oil prices in the current band of $70-$80 a barrel are satisfactory, Saudi Arabian Oil Minister Ali Al-Naimi told reporters on Friday. “Right now you see the price is okay between $70
LONDON: Saudi Arabia has pushed back the tentative completion date of the last giant oilfield on its expansion slate by at least two years, the state oil giant Saudi Aramco said on its website on Friday.
BEIJING: General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets in a deal that reflects GM’s reduced status
WASHINGTON: The US unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began. The better-than-expected job figures are a rare
Gulf Air, Bahrain’s national carrier with an estimated loss of $510 million for 2009, has announced the implementation of a three-year growth strategy aimed at bringing the airline back to profitability
