http://www.plenglish.com//index.php?option=com_content&task=view&id=1337871&Itemid=1 Cuba Receives New Loan from the Saudi Fund for Development 22 April 2013 Havana, Apr 22 (Prensa Latina) Cuba and the Saudi Fund for Development signed an agreement today by which the island will receive a new loan for $ 30 million dollars, aimed at financing a project to rehabilitate the water system in… Continue Reading
Oil below $100 can work wonders for policymakers, industry & consumers
http://economictimes.indiatimes.com/news/economy/indicators/oil-below-100-can-work-wonders-for-policymakers-industry-consumers/articleshow/19653325.cms Oil below $100 can work wonders for policymakers, industry & consumers By Soma Banerjee, ET Bureau | 21 Apr, 2013 When crude oil prices, which have hovered close to $110 a barrel for the past 18 months, dipped below the $100 a barrel mark early this week, it brought cheer and relief to countries… Continue Reading
IMF chief says hopes for loan deal with Egypt
http://www.reuters.com/article/2013/04/18/us-imf-egypt-idUSBRE93H0UA20130418?feedType=RSS&feedName=businessNews IMF chief says hopes for loan deal with Egypt WASHINGTON | Thu Apr 18, 2013 12:49pm EDT WASHINGTON (Reuters) – The head of the International Monetary Fund said on Thursday more work is needed to conclude loan talks with Egypt but expressed hope that a deal can be struck. An IMF mission left Cairo… Continue Reading
Egypt: Walking the IMF Tight Rope
http://allafrica.com/stories/201304171323.html Egypt: Walking the IMF Tight Rope By James Maxwell, 16 April 2013 The IMF’s proposed $4.8 billion loan could be crucial for restoring Egypt’s faltering economy. But implementing the IMF’s conditions would be socially and politically costly. In January 1977, a series of riots broke out across Egypt in response to the decision of… Continue Reading
Turkey, Seeking Growth, Cuts Rates
http://online.wsj.com/article/SB10001424127887324030704578426600709887288.html?mod=rss_economy Turkey, Seeking Growth, Cuts Rates April 16, 2013 BY EMRE PEKER ISTANBUL—Turkey’s central bank on Tuesday became the latest emerging market to loosen monetary policy, slashing its key lending rate to a new low in a bid to boost growth amid stubbornly weak global demand. The central bank cut all interest rates by 0.5… Continue Reading
UAE credit bureau’s June start time challenging – bankers
http://www.reuters.com/article/2013/04/15/emirates-banking-creditbureau-idUSL5N0D23R420130415?feedType=RSS&feedName=bankruptcyNews UAE credit bureau’s June start time challenging – bankers DUBAI, April 15 | Mon Apr 15, 2013 11:57am EDT DUBAI, April 15 (Reuters) – The United Arab Emirates’ federal credit bureau may struggle to start work by the June date set by the authorities, although it should do so by the end of the… Continue Reading
Veil fury as students forced to show faces
http://www.theage.com.au/world/veil-fury-as-students-forced-to-show-faces-20130414-2htu4.html Veil fury as students forced to show faces Michele Langevine Leiby | April 15, 2013 Young women arriving to take their final exams at a women’s college in Islamabad last week were shocked when they were confronted by male proctors demanding they remove their face veils for identification before being allowed to enter the… Continue Reading
The Region: Where is Egypt’s crisis heading?
http://www.jpost.com/Opinion/Columnists/Article.aspx?id=309807&R=R102 The Region: Where is Egypt’s crisis heading? By BARRY RUBIN 04/14/2013 None of the many articles pointing to the disaster in Egypt have mentioned this was all totally predictable and yet no one in the establishment predicted it. There’s no doubt about the growing crisis in Egypt. Here are four dispatches from a… Continue Reading
Dubai housing stock to bounce back as developers revive projects
http://economictimes.indiatimes.com/news/international-business/dubai-housing-stock-to-bounce-back-as-developers-revive-projects/articleshow/19545062.cms Dubai housing stock to bounce back as developers revive projects By Reuters | 14 Apr, 2013 DUBAI: Another 40,000 new homes will enter Dubai’s property market over the next two years as developers revive projects stalled after the collapse of the emirate’s real estate market, a report said on Sunday. The new properties to… Continue Reading
New Saudi labour law not to affect genuine workers: Salman Khurshid
http://economictimes.indiatimes.com/news/nri/working-abroad/new-saudi-labour-law-not-to-affect-genuine-workers-salman-khurshid/articleshow/19543013.cms New Saudi labour law not to affect genuine workers: Salman Khurshid By PTI | 14 Apr, 2013 BERLIN: India has ruled out any impact on genuine workers in Saudi Arabia as a result of the Kingdom’s new labour policy, saying that only illegal immigrants will be affected by the ‘Nitaqat’ law. Minister of External… Continue Reading
