Economy

Stimulus fears haunt share markets, dollar recovers
NEW YORK: Global equity markets slipped on worries that the US Federal Reserve may curtail its stimulus measures, while the dollar recovered against the euro to trade almost flat after better-than-...
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Stimulus fears haunt share markets, dollar recovers

Saturday 25 May 2013
NEW YORK: Global equity markets slipped on worries that the US Federal Reserve may curtail its stimulus measures, while the dollar recovered against the euro to trade al
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New initiatives for Saudi SMEs in spotlight

Saturday 25 May 2013
A two-day forum is being held this week to assess the situation of small and medium enterprises (SMEs), and the challenges they face to enhance their role in economic de
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New real estate fund from Saudi Fransi Capital

Saturday 25 May 2013
Saudi Fransi Capital has launched its new fund, the Saudi Fransi Real Estate Fund.
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Insurance firms win weekly race

Saturday 25 May 2013
Saudi stocks spent the entire last week with impressive gains.
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Pakistan ‘can consider IMF deal after reforms in place’

Saturday 25 May 2013
LAHORE: Pakistan’s new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then
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Sri Lankan carrier to buy 10 Airbus aircraft for $ 1.3 bn

Saturday 25 May 2013
COLOMBO: Sri Lankan Airlines has signed a provisional deal with Airbus worth $ 1.3 billion to buy six A330-300 and four A350-900 aircraft between 2014 and 2023 to replac
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Jet shareholders back Etihad deal

Saturday 25 May 2013
MUMBAI: Shareholders of India’s Jet Airways on Friday approved a deal in which Abu Dhabi-based airline Etihad will take a 24 percent stake in the private carrier,
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Indian rupee falls for third week

Saturday 25 May 2013
MUMBAI: The Indian rupee weakened yesterday, falling 1.3 percent for the week, extending its losing streak to a third successive week, hurt by concerns about a possible
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Riyal-dollar peg ‘serves interests of Kingdom’

Saturday 25 May 2013
The Saudi riyal peg to the US dollar will continue as it serves the national economic interest of the Kingdom as well as of those which have chosen to keep the peg like
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Euro crisis, weak yen hurt German exports

Saturday 25 May 2013
BERLIN: Germany’s economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and
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