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Monday 3 November 2008 (04 Dhul Qa`dah 1429)

Extreme volatility undermines equity markets

Equity markets have demonstrated mixed performances in reaction to economic news and fresh action policies by central bankers. Uncertainty of directional trends is forcing investors to digest the news... Full Story


Muslims urged to develop their own rating criteria

ISTANBUL: “Where are they now? Where are they now? The famous rating agencies,” asked Kursat Tuzmen, the Turkish foreign trade minister. He was referring to the battering, some say gratuitous, which... Full Story


Khalid Al-Falih to replace Abdallah Ju’mah as Saudi Aramco president


 
RIYADH: Khalid A. Al-Falih has been appointed as the new president of Saudi Aramco, Petroleum and Mineral Resources Minister Ali Al-Naimi announced yesterday. Al-Falih will take over from Abdallah... Full Story




Pakistan: Amid gloom and doom is there still a silver lining?

ISLAMABAD: While Pakistan is still desperately trying for $4 to $5 billion cash to stem the tide against its external resources, hopes of assistance from the international community are rising and... Full Story


Experts see great potential in Saudi water and power

JEDDAH: Saudi Arabia’s water and power sector holds great potential for development and growth, especially as its population continues to increase. It is in this context that the Kingdom is in the... Full Story


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