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Industry & Trade
Saudi Project To Boost Religious Tourism
In anticipation of the 15.8 million visitors that are expected to flock to Saudi Arabia for religious tourism by…
Jumeirah Group eyes 50 hotels by year-end
Jumeirah Group, the luxury hotel operator, expects to have 50 hotels in its portfolio by the end of this year,…
China Offers South Sudan $8bln Development Fund
China has offered South Sudan $8bn in development funds for road, hydropower, infrastructure and agriculture…
IMF Urges Bangladesh to Moderate Deficit Reduction
A team from the International Monetary Fund (IMF) visited Dhaka April 18–26, 2012 to discuss budget developments…
Chrysler Has Best Profit For Quarter In 13 Years
Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago. The…
IMF Approves € 106.6 Million for Kosovo
The Executive Board of the International Monetary Fund (IMF) today approved a 20-month Stand-By Arrangement (SBA)…
Starbucks Profits Raise
Starbucks Corp reported better-than-expected quarterly profit but global sales at established coffee shops fell…
Spain Crisis Deepens With Jobless Rise
Spain's economic problems were put in sharp relief yesterday as figures showed unemployment rising to near 25 per…
IMF: Asia Must Shift Gears And Tighten Policy
Asian nations should prepare to "shift gears" and tighten monetary policy as their economies strengthen and…
Aramco and Tihama Sign Deal of Power Expansion
Capacity at three power plants will be expanded under an agreement signed on Monday between Saudi Aramco and…
