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Jordan debt rises 7 pct in July to $14.5 bln
BRIEF: Foreign debt, mostly to major Western donors and international financial institutions, rises 1.6 pct.
Categories: Business News
South Africa workers reject wage offer
UPDATE 1: Govt says can't afford to pay more, union to hold talks on strike that costs nation $150 mln daily.
Categories: Business News
VIDEO: Apple launches new iPod Nano
Apple’s Steve Jobs shows off his latest innovation, the iPod Nano 6th generation with touch screen, no wheel.
Categories: Business News
Politics blamed for Lehman's doom
WRAP 3: 'Too big to fail' subject of two-day hearing, ex-chief says govt should have bailed out failed bank.
Categories: Business News
UAE, Saudi firms seek farm land in Algeria
INTERVIEW: Farm union chief says Algeria considering applications from Europe, Canada, Gulf investors.
Categories: Business News
Big U.S. arms sale to UAE next year
UPDATE 1: Lockheed hopes to strike $7 bln missile defence system deal, talks between U.S. and UAE ongoing.
Categories: Business News
South Africa strikers consider new wage offer
UPDATE 3: Miners' union suspends sympathy strike, separate labour actions hit petrol stations, garages.
Categories: Business News
India cracks down on Google, Skype
UPDATE 2: India begins accessing some BlackBerry communications, demands access to Google, Skype data.
Categories: Business News
Qatar bank plans takeover in Indonesia
QNB eyes main stake in Indonesia's Bank Kesawan, rights issue is expected to close in first quarter of 2011.
Categories: Business News
Gulf banks show signs of recovery
S&P says liquidity concerns remain, debt refinancing a hurdle for recovery, banks benefit from state support.
Categories: Business News
No Orascom Telecom ad on Algeria TV
Algeria drops Orascom Telecom ads from state television, company in dispute with Algeria over local unit.
Categories: Business News
DIFC Investments to make payment on sukuk
DIFC Investments grappling with a debt pile of more than $3 bln, firm hurt by fall in value of investments.
Categories: Business News
Kingdom Hotel sells Four Seasons Cairo stake
Prince Alwaleed says sale consistent with company's investment strategy, transaction worth $145 mln.
Categories: Business News
Qatar learns Dubai crash lesson
Barwa delays $8 bln Al Khor project in property downturn, Qatar house prices seen recovering in 2011.
Categories: Business News
Saudi awards deal for largest water plant
UPDATE 1: Korea's Doosan wins $1.46 bln desalination plant contract, completion scheduled for January 2014.
Categories: Business News
UAE, Saudi Arabia home to wealthy expats
Survey shows Gulf states home to rich expats, those in Russia wealthiest, but Eurozone countries fare poorly.
Categories: Business News
Top Abu Dhabi firm sued in U.S. for $460 mln
UPDATE 2: Ex-CEO alleges forced ouster, says he lived in fear of police, TAQA rejects 'spurious allegations'.
Categories: Business News
EU approves Abu Dhabi deal with ThyssenKrupp
Abu Dhabi MAR to buy German firm's civil ship building business, create joint venture in naval ship making.
Categories: Business News
Alcoa, Maaden award $275 mln contracts
Contracts awarded to Germany's SMS Siemag and BWG Bergwerk, Austria's Ebner and U.S. firm Wagstaff.
Categories: Business News
Qatar's Barwa delays $8.3 bln Al Khor project
Barwa Real Estate says mixed-use city project north of Doha delayed due to poor property market conditions.
Categories: Business News
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