Arab
Arab bourses plunge anew after two days of record gains
Submitted by William Kaelin on Wed, 10/15/2008 - 19:29.Arab stock markets plummeted on Wednesday after two days of strong gains, apparently in response to declines at the Wall Street and Asian markets and fears that a world recession has already ushered in, financial analysts said.
The only exception was the Saudi stock exchange, which closed slightly in the green after violent fluctuations.
Arab bourses to remain cautious despite Thursday's rebound
Submitted by William Kaelin on Fri, 10/10/2008 - 22:45.Arab stock markets, which witnessed a strong rally on Thursday, are expected to be vigilant next week with investors monitoring any developments on Wall Street and other global markets, financial analysts said Friday.
The rebound followed a bloody week that reportedly cost the Arab world about 180 billion dollars in losses.
Arab League envoy resumes mission in Baghdad
Submitted by William Kaelin on Mon, 10/06/2008 - 20:16.Arab League envoy to Iraq, Hani Khalaf, is expected on Monday to resume the diplomatic work of the Arab League mission in Baghdad, the state Middle East News Agency (MENA) reported.
In July Arab League Chief Amr Mussa appointed the retired diplomat, an Egyptian national, to head the Arab League representation in Iraq.
US rescue plan seen having "positive" impact on Arab markets
Submitted by William Kaelin on Fri, 09/26/2008 - 13:31.The US bailout plan is expected to have a "positive impact" on Middle East markets, which plummeted under the "psychological" fallout of the US financial crisis over the past few weeks, financial analysts said Friday.
Arab States losing patience with Hamas, Fatah
Submitted by Marina Dimova on Tue, 09/09/2008 - 08:56.Saudi Foreign Minister Prince Saud al-Faisal chaired the opening of the Arab League Council in Cairo Monday evening amid signs the 22-state body was becoming impatient with the continued political impasse between Palestinian factions Hamas and Fatah.
London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."
Washington - Buying a new computer usually involves comparing models. Comparisons are more difficult than they used to be, as the number of choices has grown and manufacturers have started marketing computers with specific uses in mind.
Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.
