Russian Aviation firms sign more than USD 12 billion contracts in 2013 Moscow air show

Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).


India won't convert idle gold to bullion- central bank

The Federal Reserve Bank of India said that it would not convert idle gold into bullion. India's central bank said it does not plan to convert the country's idle gold to bullion.

Moody's post positive review on Oman's Islamic banking sector

Moody's the ratings agency said that the Islamic banking sector of Oman would grow between six and eight percent in the next five years.

New GCC firms rely on lawyers for IPO expertise

An increasing number of GCC firms have relied on their lawyers for expertise in undertaking IPO transactions.


Latest News

A source told Reuters that the FHFA would settle the lawsuit it filed against JPMorgan Chase & Co on subprime mortgages for at least USD 6 billion.
Proposals to overhaul the US tax system could eliminate the billions of dollars in tax breaks enjoyed by corporations.
propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
The Consumer Confidence Index of the US in August increased. The Conference Board, an independent business membership and research group, revealed that consumer confidence in the US increased in August.
Government protests and athletes' drug violations could imperil Turkey's bid for the 2020 Olympic Games.
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.