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IMF blows the doom horn

The International Monetary Fund on Monday cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in the euro zone do not act with enough force and speed to quell their region's debt crisis.

July 17, 2012 1:05
 
Kuwaits-global-to-get-bond-repayment-delay-approval-sources.

Kuwait’s global to get bond repayment delay approval – sources

Kuwait's Global Investment House is expected to receive approval on Thursday to delay the repayment of bonds worth 95 million dinars ($338.6 million) to November from June, two sources familiar with the matter said.

June 5, 2012 5:24
 
Iran sanctions bring unintended, unwanted results

Iran sanctions bring unintended, unwanted results

Western sanctions have so far failed to deter Iran from pursuing its nuclear programme and their unexpected and unintended side-effects are producing a new collection of challenges.

March 24, 2012 3:58
 
Malaysian tycoon adds satellite firm to asset mega-sale

Malaysian tycoon adds satellite firm to asset mega-sale

Malaysia's second-richest man Ananda Krishnan plans to sell satellite operator MEASAT Global Bhd, Singapore's Straits Times newspaper reported, soon after initiating the sale of $3 billion worth of power assets that signal a move to cast off risky operations.

February 29, 2012 1:15
 
IMF sounds warning for global economy in rising oil

IMF sounds warning for global economy in rising oil

The International Monetary Fund (IMF) flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies.

February 25, 2012 12:14
 
Mood swings: the economic world this week

Mood swings: the economic world this week

Goldman Sachs chairman Jim O'Neill sees a perkier global economic outlook at the start of 2012. Will it last throughout the year?

January 23, 2012 5:16
 

UAE central bank sees no impact on banks from market turmoil

Banks in the UAE are in a good position and should not be affected by turmoil in global financial markets, the OPEC country's central bank said on Wednesday.

November 24, 2011 1:44
 

Morgan Stanley favors UAE corporate bonds as ME picks

Bank favors Dewa, IPIC, TAQA bonds - analyst; Strong cash position, strategic importance key

June 8, 2011 9:33
 
A Global Retail Invasion

A Global Retail Invasion

Unrest or not, the Middle East, global retailers forge on with regional expansion, hoping there won’t be any long-term impact on people’s desires to buy international.

April 17, 2011 1:05
 
The worst is yet to come, apparently

The worst is yet to come, apparently

Dark clouds ahead, at least that’s what half of the world thinks the rest of the year will look like as they expect more acts of terrorism.

March 31, 2011 3:53
 
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