Kuwait picks outgoing PM to form new cabinet
Reappointment of Sheikh Jaber was widely expected; New cabinet unlikely to have many new faces; Fresh parliamentary election could be held in Sept - analysts
July 5, 2012 5:51Bahrain Economy Shrinks in Second Quarter
September 3 2012 by Rena
Bahrain's economic output fell in the second quarter of this year after moderate growth in the previous three months, data showed on Sunday, as political unrest continued to weigh on the small oil producer.
The quarterly decline is the first since a 6.6 percent slump in the first three months of 2011, when the…
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Hong Kong distress firm circles Nakheel’s $10.9B debt restructure
It’s a rare occurence in this region of fluid regulations, but SC Lowy Financial aims to invest in Nakheel trade claims, as it approaches creditors for deals.
July 31, 2011 1:21
