Latest Politics & Economics News

Last Updated: Wed, Sep 17 2014 | 8:16 AM |
Politics & Economics»

Iraq's central bank set to slash interest rates

Friday, 26 December 2008 4:10 PM

Finance chiefs to cut rates by 1% point to 14% in bid to stimulate growth.

Politics & Economics»

Bahrain pledges to protect jobs amid global crisis

Friday, 26 December 2008 12:00 PM

Labour minister says gov't is 'doing our best' to ensure slowdown does not hit workers.

Politics & Economics»

Dubai in control of economic destiny - finance chief

Friday, 26 December 2008 3:30 AM

Top gov't official says emirate has the means to deal with the impact of the global crisis.

5
Politics & Economics»

Iran president delivers UK Christmas message

Thursday, 25 December 2008 11:06 AM

UPDATE 1: Ahmadinejad says Jesus would oppose 'expansionist powers'.

2
Politics & Economics»

Global crisis impact on oil industry 'not yet over'

Thursday, 25 December 2008 8:15 AM

Region's most senior banker reveals thoughts on when global recovery will begin.

Politics & Economics»

UAE central bank announces move on currency swaps

Wednesday, 24 December 2008 5:28 PM

Bank officials say they will provide dirham-dollar swap facilities to banks.

Politics & Economics»

Saudi inflation set to fall to 7% in 2009 - expert

Wednesday, 24 December 2008 10:50 AM

Standard Chartered predicts rate fall as slowdown in kingdom's growth continues.

Politics & Economics»

GCC suspends EU free-trade talks

Wednesday, 24 December 2008 1:07 AM

20-year impasse continues after 'last-minute retraction by EU on draft accord provokes reaction.

Politics & Economics»

Saudi Arabia to focus on local investments

Tuesday, 23 December 2008 4:49 PM

Finance minister says that kingdom plans to avoid high-risk, long-term foreign exposures.

Politics & Economics»

Financial reserves can absorb bigger deficit: Saudi

Tuesday, 23 December 2008 3:30 PM

Finmin says reserves can compensate if oil prices fall below level assumed in budget.

Politics & Economics»

Iraq political row threatens British troop vote

Tuesday, 23 December 2008 2:26 PM

Deal needed by Dec. 31 to permit non-US foreign troops to remain in Iraq next year.

Politics & Economics»

Gulf states set for monetary council in '09

Tuesday, 23 December 2008 12:36 PM

GCC secretary-general says Gulf on track despite setbacks that have dogged project.

Politics & Economics»

King Abdullah fires Najran governor: HRW

Tuesday, 23 December 2008 11:46 AM

Rights group says Saudi monarch dismissed prince for Shia discrimination.

Politics & Economics»

Iraq oil revenues immune from claims until '10

Tuesday, 23 December 2008 10:17 AM

UN passes resolution to allow gov't to use money to help rebuild country.

Politics & Economics»

Saudi sees budget deficit, more spending in '09

Tuesday, 23 December 2008 1:55 AM

Projected deficit of $16bn compares to record budget surplus of $148bn in 2008.


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