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Saudi Arabia

Saudi Arabia- America wants name change, Asia cool

In one of the odder signs that the US may be losing its luster on the world's stage, a 40-year-old Saudi woman from a small town in Asir province has decided to change her name from "America" to something else. America told...

Saudi TUIC to operate from Bahrain Financial Harbour

Bahrain Financial Harbour Holding Company (BFHHC) signed a lease agreement with Trade Co. (TUIC), a leading insurance company from the Kingdom of Saudi Arabia. The company will occupy space on the 14th floor of the West Tower...

Financial crisis pummels stocks

Desperate new measures by governments in Europe and North America to stabilize the financial system failed to stop panic selling that swept global markets yesterday amid deepening gloom at the scope of the banking crisis.

Why Cville Should Oppose Attacking Iran

Tonight, Monday, October 6, 2008, a group of citizens in Charlottesville, Va., organized by the Charlottesville Center for Peace and Justice, will attend the City Council's meeting to urge the Council to take up at its November...

New Director of Sales & Marketing at the Mövenpick Tower & Suites

Sanjeev Tandon moved to Doha from Taj Hotels Resorts & Palaces, New Delhi where he was heading the International Travel Department in a corporate role. Prior to this two-years stint in India Sanjeev has worked for fourteen...

GCC Loses More Than $85bn In Two Days

GCC stock markets have posted a combined decline of more than $85 billion (Dh312bn) in the first two trading days this month. This is over and above the combined decline of $127.25bn that the GCC markets witnessed in the month...

Qatar: Bloodbath on bourses

DOHA - The index of Doha Securities Market (DSM) shed 388.77 points yesterday ending the day down 4.49 percent with the index reaching 8,275.69 points. Industries Qatar (IQ) fell 6.23 percent, Qatar German Company for Medical...

GCC may need $35bn to fund power projects

A new report by Moody's has revealed that the power sector in the GCC could require more than $35bn in financing in the next 10 years, reported Gulf News. Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE are expected to...

Oil prices slide by $2 a barrel as US demand for fuel slows

Oil prices fell by almost $2 a barrel today as attention shifted to the fallout of the credit crisis on business. US November crude dropped $1.92 to $91.96 a barrel, while Brent was down $1.75 at $88.50. Hard times are cutting...

Winning the war?

Seven years after 9/11, the taunting continues. They say al-Qaeda survives in the tribal areas only thanks to its alliance with the much more numerous Taleban. But the problem is that recent military strikes by the Americans in...