Jordan has raised the price of gasoline and electricity for major mining firms, hotels and banks, to ease its worsening budget deficit that could reach $4 billion this year, officials said on Saturday.
May 27, 2012 11:47
Speculation finance minister may step down; Row over questioning session in National Assembly; Kuwait could face deeper political crisis - analyst
May 26, 2012 9:14
Gulf Arab leaders meeting on Monday are expected to announce closer political union, starting with two or three countries including Saudi Arabia and Bahrain, a government minister in Bahrain said.
May 13, 2012 3:57
The government of the Australian state of New South Wales, home to the country's financial capital Sydney, will send a group to Dubai this week to discuss ways to develop the Islamic finance industry, officials said.
May 13, 2012 9:21