RIYADH: Finance ministers and governors of central banks from the six-nation Gulf Cooperation Council (GCC) pledged here yesterday to unify their position against the global financial crisis that is... Full Story
RIYADH: Custodian of the Two Holy Mosques King Abdullah has ordered SR10 billion to be deposited in the Saudi Credit Bank for use in interest-free loans for low-income Saudis to marry their sons and... Full Story
JEDDAH: Saudi Arabian stocks fell sharply yesterday, tracking a slump in world markets, as investors worried that an oil price plunge and possible global recession would hit the growth of firms in... Full Story
RIYADH: A five-day accredited trainer program ended on Wednesday in the presence of Faisal Al-Muammar, the general secretary of the King Abdul Aziz Center for National Dialogue, and Ali Al-Ghafees,... Full Story
WASHINGTON: President George W. Bush reaffirmed his commitment for a two-state solution to the Israeli-Palestinian issue and called on Saudi Arabia and other Middle East nations to work for a final... Full Story
ISLAMABAD: A two-month offensive by Pakistani forces has driven militants from a stronghold through which Taleban and Al-Qaeda fighters had poured into neighboring Afghanistan to attack US troops,... Full Story
RIYADH: The US government is currently studying the salient features of Islamic banking to ascertain how far it could be useful in fighting the ongoing world economic crisis, Robert M. Kimmitt, US... Full Story
The big debate about when the next general elections should be held, whether in February next year or April is a lot of wasted waffle. You have to be a bit out of touch to believe that the voter really... Full Story