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Saturday 7 November 2009 (20 Dhul Qa`dah 1430)

GCC key destination for foreign investors

MANAMA: With a combined GDP of $750 billion and with over $2 trillion projects in the pipeline, the Gulf region has emerged as a very important economic player, a top official the Gulf Cooperation... Full Story


BAE Systems’ Saudi staff earns global accolade

RIYADH: Mohammed Al-Yami, procurement manager at BAE Systems in Riyadh, has been awarded the accolade of BAE Systems Procurement Professional of the Year. He was recently presented the award... Full Story


Jordan extends guarantee of bank deposits until ’10

AMMAN: Jordan has extended its year-old guarantee of all bank deposits until the end of 2010. “This step reflects the government’s determination to shoulder its responsibilities as well as its... Full Story




Arab stocks sink on receding confidence, slip of global markets

AMMAN: Arab stock markets plummeted for the second week in a row, reflecting retreating confidence on the part of investors who appeared increasingly geared to the performance of global bourses, financial... Full Story


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