MIDDLE EAST

Gold rebounds from two-week low amid uncertainty over Greek default

INTERNATIONAL. US Dollar gold prices touched a 2-week low of US$1,711 an ounce Tuesday lunchtime in London, before rebounding to US$1,740 by lunchtime in New York. Read More | View Original Article

Bonds do well in deflation and benefit from currency hedging; equities are not a perfect inflation hedge, but benefit from international diversification

INTERNAIONAL. The Credit Suisse Investment Returns Yearbook addresses the extent to which major assets protect against inflation and deflation, how to invest while controlling currency risk and what rewards can be expected from investing in stocks, bonds and cash. Read More | View Original Article

Dubai Gold futures rise 356%

UAE. Dubai Gold and Commodities Exchange (DGCX) January 2012 volumes jump 95% propelled by currency and Gold futures. Read More | View Original Article

Wages and confidence surging in global oil and gas industry

INTERNATIONAL. Salary Guide produced by Hays Oil & Gas and leading jobsite Oil and Gas Job Search, reveals an industry generally brimming with confidence despite widespread concerns over the global economy. Read More | View Original Article

Malaysia's bond market development, especially in sukuks, still assured, aays S&P report

INTERNATIONAL. "Malaysia's bond market has a strong infrastructure and a record of solid growth due to a transparent and predictable regulatory environment and the availability of independent credit research." Read More | View Original Article

Gulf Capital secures ground-breaking US$136 million revolving facility from ADCB

UAE. Facility gives Gulf Capital the firepower and flexibility to actively consider acquisitions across its various business units. Read More | View Original Article

Saudi's Riyad Bank sees profits rising in 2012

Senior official says he expects profits to increase this year, boosted by gov't spending Read More | View Original Article

Saudi's Riyad Bank sees profits rising in 2012

Senior official says he expects profits to increase this year, boosted by gov't spending Read More | View Original Article

Omantel posts 10.3% rise in Q4 net profit

Oman telco also says subscribers increase by 6% to more than 3.5 million in 2011 Read More | View Original Article

Omantel posts 10.3% rise in Q4 net profit

Oman telco also says subscribers increase by 6% to more than 3.5 million in 2011 Read More | View Original Article

Qatar surplus surges on energy revenues

State budget turns hefty surplus of 25.6% of quarterly economic output - official data Read More | View Original Article

Qatar surplus surges on energy revenues

State budget turns hefty surplus of 25.6% of quarterly economic output - official data Read More | View Original Article

Gulf nations recall Syrian ambassadors

GCC countries say they are also expelling Syrian envoys in response to worsening violence Read More | View Original Article

Gulf nations recall Syrian ambassadors

GCC countries say they are also expelling Syrian envoys in response to worsening violence Read More | View Original Article

Victoria to launch major Gulf trade mission

Australian region to bring 100 firms to the UAE, Qatar in bid to boost $2.4bn trade links Read More | View Original Article

Victoria to launch major Gulf trade mission

Australian region to bring 100 firms to the UAE, Qatar in bid to boost $2.4bn trade links Read More | View Original Article

Emirates offers up to 30% discounts on top routes

Dubai airline launches knockdown prices on routes including London, Mumbai, Karachi Read More | View Original Article

Emirates offers up to 30% discounts on top routes

Dubai airline launches knockdown prices on routes including London, Mumbai, Karachi Read More | View Original Article

Emirates offers up to 30% discounts on top routes

Dubai airline launches knockdown prices on routes including London, Mumbai, Karachi Read More | View Original Article

Top golfer says sorry for Qatar curse

Brit Lee Westwood forced to apologise after his mum saw him swearing on TV in Qatar Read More | View Original Article

Saudi Arabia faces rising political peril, says Maplecroft

Risk assessment firm says Saudi has most uncertain political future of growth economies Read More | View Original Article

Saudi Arabia faces rising political peril, says Maplecroft

Risk assessment firm says Saudi has most uncertain political future of growth economies Read More | View Original Article

Riyadh, Dubai hotels named 2011 top performers

Latest TRI Hospitality data shows Dubai is best for occupancy, Riyadh for average room rates Read More | View Original Article

Bahrain to release Canadian protestor after pressure from Ottawa Gov

Kuwait-born Naser Al-Raas was arrested for taking part in anti-government demonstrations Read More | View Original Article

Bahrain to release Canadian protestor after pressure from Ottawa Gov

Kuwait-born Naser Al-Raas was arrested for taking part in anti-government demonstrations Read More | View Original Article

Royal Jordanian slashes routes on fuel and Arab Spring woes

Carrier axes three Gulf routes and cuts frequencies on European destinations as passenger numbers fall Read More | View Original Article

Royal Jordanian slashes routes on fuel and Arab Spring woes

Carrier axes three Gulf routes and cuts frequencies on European destinations as passenger numbers fall Read More | View Original Article

Emirates NBD Deputy CEO Al Fahim said to leave amid management changes

UAE. The lender named Giel-Jan Van Der Tol as head of wholesale banking in December. Read More | View Original Article

Saudi- Kingdom Center set for SR43.8m expansion

(MENAFN - Arab News) The Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced the SR43.8 million expansion of Kingdom Center Company Ltd. (Trade Center). It is ... Read More | View Original Article

Saudi- Kingdom Center set for SR43.8m expansion

(MENAFN - Arab News) The Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced the SR43.8 million expansion of Kingdom Center Company Ltd. (Trade Center). It is ... Read More | View Original Article