Mohammed Al-Suwaiket, president of the Saudi Railway Organization (SRO), said that 50 percent of the Haramain Railway Project has been already completed, with no change in the train’s course so […]
By SHERYL GAY STOLBERG and MIKE McINTIRE THE NEW YORK TIMES October 5, 2013 WASHINGTON — Shortly after President Obama started his second term, a loose-knit coalition of conservative activists […]
This spring, the Missouri Chamber of Commerce urged the state Legislature to accept the federal government’s plan to expand Medicaid for the poor and disabled. The business lobbying group had not suddenly gone rogue. Here is how Daniel P. Mehan, its president, summarized his feelings about President Obama’s health care […]
When it comes to the holy trinity of investing, (stocks, bonds and cash) it seems the rules and nuances of investing in the bond market often are the most baffling for newcomers. For this edition of Investing 101 we are going to demystify the bond market and have put together […]
Source: WCBM TALKRADIO 70% of global population growth over the next 30 years will be in Muslim countries Around 70 per cent of global population growth over the next 30 years will be in Muslim countries as the Muslim population of 1.6 billion is growing at twice the rate of […]
By Christopher Harress on September 26 2013 9:22 AM International Business Times Islamic banking is set to expand dramatically in Africa over the next two decades as the number of […]
With a net worth of $3.8 billion, Shahid Khan tops the Forbes list of the richest Americans of South Asian origin. Overall, Khan ranks 122nd on Forbes 400 list for 2013, up from 179th in 2012. Born in Pakistani city of Lahore, 63 year old Shahid Khan is a mechanical […]
TOKYO — Indonesians are taking to the streets to demand the government heed their complaints. Are they livid about corruption? No. Fed up with poverty? Not really. Angry over political gridlock? Not so much. It’s those damn bikinis. In recent days, the nation with the world’s largest Muslim population has […]
Reuters) – U.S. housing starts rose less than expected in August as multi-family activity slowed sharply, but a surge in permits to build single-family homes pointed to a sustained strengthening in the housing market recovery. The Commerce Department said on Wednesday housing starts increased 0.9 percent to a seasonally adjusted […]
Arab news: House prices in Makkah have risen 100 percent as a result of high demand. Residents whose houses were demolished to make way for expansion projects around the Grand Mosque have also called for new houses. Citizens are now eyeing the suburbs of the holy city, including Al-Nawaryeh, Al-Sharaie and […]
Saudi Arabia tops the list of Middle East’s billionaires, with 64 highly wealthy individuals possessing $204 billion in 2013, the Wealth-X and UBS World Ultra Wealth Report said. “There are 1,360 rich people in the Kingdom with a total wealth of $285 billion,” the report pointed out. The UAE came […]
by KRISHNADEV CALAMUR September 12, 2013 So it seemed Libya’s oil industry had survived intact and wouldn’t be roiling international markets. As recently as April, the country was producing 1.4 […]
RIYADH: RASHID HASSAN Published — Saturday 14 September 2013 The Kingdom plans to send Saudi managers from leading companies for training at IMD, a top Swiss business school. Dominique Turpin, […]
SAN FRANCISCO — In a major legal setback for Google, a federal appeals court here said on Tuesday that a lawsuit accusing the Internet giant of illegal wiretapping could proceed. The ruling, which comes at a moment when online privacy is being hotly debated, has its origins in a much-publicized […]
By Humeyra Pamuk and Jonathan Saul ONCUPINAR, Turkey/LONDON (Reuters) – With his truck fully laden with vegetable oil, driver Mustafa Demir makes his regular trip to the Syrian border from Turkey to sell to rebels desperate for provisions as war closes off normal trade channels. “There is so much demand […]
September 4, 2013 – 07:51 Switzerland has again been named the most competitive country in the world in an annual survey released on Wednesday by the Geneva-based World Economic Forum. […]
GENEVA: ARAB NEWS Published — Wednesday 4 September 2013 Around $103 billion in financial aid has been provided by Saudi Arabia to 95 developing countries over the past 30 years. […]
Brandon Smith Alt-Market August 30, 2013 For years now at Alt-Market (and Neithercorp.us) I have carefully outlined the most likely path of collapse to take place within the U.S., and a vital part of that analysis included economic destabilization caused by a loss of the dollar’s world reserve status and […]
Once again, a Middle East conflict is pushing oil prices higher. Oil prices rose roughly 3% Tuesday and continued advancing by nearly 1% Wednesday, as the U.S. government and its allies consider a military strike on Syria following the country’s suspected use of chemical weapons. The conflict has left […]
August 27, 2013 – 19:13 Zurich Insurance chief financial officer Pierre Wauthier, who was found dead at his home on Monday, probably committed suicide, according to the local police in Zug. A police spokesman, citing information from the Forensic Medicine Institute, said third party involvement in his death could be […]