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Friday 16 April 2004 (25 Safar 1425)

Expats Should Build Skills for Life to Guide Them on Career Paths

Individuals turn to financial consultants when seeking investment opportunities, and employ legal experts to negotiate the procedures involved in setting up new businesses. Those taking stock... Full Story


US Budget Deficits Pose Threat to Global Prosperity: IMF

WASHINGTON, 16 April 2004 — Uncontrolled US budget deficits would pose a serious threat to global prosperity in coming years as rising interest rates depress economic growth in the United States and... Full Story


WB Sees No Delay to Work in Iraq

CAIRO, 16 April 2004 — The World Bank’s drive to revive Iraq’s weakened economy should not suffer serious delay because of the spiraling violence in the country, the head of the bank’s mission to Iraq... Full Story




Saudi Stocks Climb to New Peak

RIYADH, 16 April 2004 — Saudi stocks climbed to a new peak in record volumes in the week to Thursday, buoyed by earnings-fueled gains by blue chips, especially by banks. The all-share index of... Full Story


Taiwan Trade Mission Coming

JEDDAH, 16 April 2004 — A Taiwanese business delegation representing 43 companies and the Taiwan Electrical and Electronic Manufacturers Association, will visit Jeddah and Riyadh during its weeklong... Full Story


Dollar Stays Strong Against Euro

LONDON, 16 April 2004 — The dollar held on to the high ground against both the euro and the pound yesterday as the market shrugged off a rise in US weekly jobless claims to focus on sturdy New York... Full Story


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