http://www.zawya.com/moneyen-usCopyright 2012 Zawya Ltd. All rights reserved.Wed, 16 May 2012 03:37:00 GMT5014476http://www.zawya.com/moneyhttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/Irans_inflation_rate_rises_to_218-ZAWYA20120516033735/The inflation rate in Iran for the 12-month period ended to April 19 hit 21.8%, up 0.3% compared to the same period ended to March 19, the Mehr News Agency quoted the Central Bank as reporting.Wed, 16 May 2012 05:49:15 GMTTehran Times ZAWYA20120516033735Openhttp://www.zawya.com/story/Hafiz_Inspiration_for_job_seekers_in_Saudi_Kingdom-ZAWYA20120516031803/More than a million Saudis are benefiting from the Hafiz unemployment program launched in 2011.Wed, 16 May 2012 05:39:15 GMTArab News ZAWYA20120516031803Openhttp://www.zawya.com/story/UAE_remains_top_market_for_Japan-ZAWYA20120516030723/The UAE maintained its position as the largest market for Japanese products in the Middle East in the first quarter of 2012 after a sharp rise over the same quarter of last year, according to official Japanese data.Wed, 16 May 2012 05:31:06 GMTEmirates 24|7 ZAWYA20120516030723Openhttp://www.zawya.com/story/HSBC_launches_Dh1bn_trade_SME_fund-ZAWYA20120516030633/Global bank HSBC launched its latest International Trade SME Fund, committing Dh1 billion to UAE SMEs, said a press statement.Wed, 16 May 2012 04:52:45 GMTEmirates 24|7 ZAWYA20120516030633Openhttp://www.zawya.com/story/EU_sanctions_hit_Syrian_tobacco_oil_firms-ANA20120515T125938ZABJ92/The new EU sanctions on Syria target a tobacco company, the central bank's governor and the Venezuelan-born chief of an oil firm, the Official EU Journal showed.Tue, 15 May 2012 14:55:31 GMTAFP ANA20120515T125938ZABJ92Openhttp://www.zawya.com/story/237_مليار_دولار_لمشروعات_الطاقة_البديلة_بالجزائر_حتى_2020-ZAWYA20120514131251/الحكومة تسعى إلى التقليل من الاعتماد على الطاقة التقليدية، وزيادة الاعتماد علي الطاقات البديلة، وفي مقدمتها الطاقة الشمسية.Tue, 15 May 2012 13:45:25 GMTZawya ZAWYA20120514131251Openhttp://www.zawya.com/story/Dubai_Exports_nets_AED221m_Qatar_deals-ZAWYA20120515043601/Local companies that participated in the UAE pavilion at the recently concluded Project Qatar 2012 exhibition were able to clinch 17 deals worth AED221 million with Qatari and international companies. Tue, 15 May 2012 10:56:02 GMTKhaleej Times ZAWYA20120515043601Openhttp://www.zawya.com/story/GCC_to_further_discuss_union_proposal-ZAWYA20120515050433/Leaders agreed to allow more time for further discussions over a proposal to turn the six-nation Gulf Cooperation Council into a union, Saudi Foreign Minister Prince Saud Al-Faisal said after a GCC leaders' summit.Tue, 15 May 2012 10:47:12 GMTThe Saudi Gazette ZAWYA20120515050433Openhttp://www.zawya.com/story/Jordan_Consumers_urge_govt_to_seek_other_options_than_price_hikes_to_narrow_budget_gap-ZAWYA20120515055155/Consumers complained they have frequently been the target of authorities' decisions to impose hikes in prices and taxes whenever there is a shortfall in public finances.Tue, 15 May 2012 10:44:28 GMTJordan Times ZAWYA20120515055155Openhttp://www.zawya.com/story/OmanChina_bilateral_trade_surges_almost_50_in_2011-ZAWYA20120515065504/Higher global oil prices and Oman's increasing demand for heavy machinery and construction equipment have driven up bilateral trade between the sultanate and China by almost 50% to record levels.Tue, 15 May 2012 10:40:15 GMTMuscat Daily ZAWYA20120515065504Openhttp://www.zawya.com/story/628_مليون_درهم_أرباح_القطاع_العقاري_في_سوق_أبوظبي-ZAWYA20120515070421/بذلك يكون القطاع العقاري بسوق أبوظبي قد حقق نمواً بأرباحه 108.4% في الربع الأول.Tue, 15 May 2012 08:00:18 GMTAl Bayan ZAWYA20120515070421Openhttp://www.zawya.com/story/Saudi_business_confidence_top_in_Middle_East-ZAWYA20120515044455/Saudi Arabia and the UAE displayed a high level of business confidence, with 42% and 38.5% of respondents respectively reporting confidence gains, the latest edition of the Global Economic Conditions Survey conducted by ACCA and IMA.Tue, 15 May 2012 07:14:03 GMTThe Saudi Gazette ZAWYA20120515044455Openhttp://www.zawya.com/story/No_return_to_Iraqiya_bloc_White_Bloc-ZAWYA20120515041642/White Bloc denied any intention to return to Iraqiya bloc, which separated from it last year.Tue, 15 May 2012 07:06:05 GMTAswat Aliraq ZAWYA20120515041642Openhttp://www.zawya.com/story/Iraq_signs_partnership_agreement_with_EU-ZAWYA20120515041451/Iraqi Foreign Minister Hoshiar Zebari signed a partnership agreement with the European Union in Bruxelles.Tue, 15 May 2012 07:05:01 GMTAswat Aliraq ZAWYA20120515041451Openhttp://www.zawya.com/story/الأردنيون_أنفقوا_180_مليون_دينار_على_السفر_في_الربع_الأول-ZAWYA20120515063030/سجل إنفاق الأردنيين على السفر في الربع الأول من العام الجاري 179.5 مليون دينار، محققاً انخفاضا بنسبة 5.8 بالمئة مقارنة مع الفترة نفسها من عام 2011.Tue, 15 May 2012 06:47:22 GMTAlarab Alyawm ZAWYA20120515063030Openhttp://www.zawya.com/story/Iranian_parliament_condemns_idea_of_BahrainSaudi_union-ZAWYA20120515035031/TEHRAN - One hundred and ninety Iranian MPs issued a statement on Sunday strongly condemning the decision made by Persian Gulf Arab states to discuss a proposal for a closer political union that could begin with Saudi Arabia and Bahrain. Tue, 15 May 2012 06:38:10 GMTTehran Times ZAWYA20120515035031Openhttp://www.zawya.com/story/Sanctions_on_Iran_should_be_lifted_Russian_deputy_FM-ZAWYA20120515034720/Russian Deputy Foreign Minister Gennady Gatilov has said that the measures necessary to lift the sanctions imposed on Iran over its nuclear program should be taken. Tue, 15 May 2012 06:35:00 GMTTehran Times ZAWYA20120515034720Openhttp://www.zawya.com/story/Iraq_and_Iran_form_committees_to_boost_trade-ZAWYA20120515062334/Iraq and Iran have agreed to form joint committees in the fields of air, land and sea transportation as part of efforts to boost trade relations between the two countries.Tue, 15 May 2012 06:34:00 GMTAK News ZAWYA20120515062334Openhttp://www.zawya.com/story/Iran_allocates_USD37bn_for_job_creation_plans-ZAWYA20120515034336/Iran's High Council of Employment has approved allocating 45 trillion rials (some USD 37 billion) to job creation plans this year, which began on March 20, the deputy cooperatives, labor, and social welfare minister says.Tue, 15 May 2012 06:33:20 GMTTehran Times ZAWYA20120515034336Openhttp://www.zawya.com/story/Iran_seeking_up_to_USD10bn_in_foreign_investment_this_year_official-ZAWYA20120515034420/Foreign investment plans worth between USD 8 billion and USD 10 billion are to be approved this year, which began on March 20, the deputy economy minister said.Tue, 15 May 2012 06:31:33 GMTTehran Times ZAWYA20120515034420Openhttp://www.zawya.com/story/Struggling_with_Nitaqat_implementation_say_employers-ZAWYA20120515032044/Private sector employers are struggling to keep up with the pace of reform as they grapple with the implementation of Nitaqat, according to a new report from Hay Group.Tue, 15 May 2012 06:29:05 GMTArab News ZAWYA20120515032044Openhttp://www.zawya.com/story/Bahrains_cabinet_endorses_50_cut_on_levy_for_SMEs-24by7_140520121121017/The Cabinet meeting chaired by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa at Gudaibiya Palace decided to give 50% cut on LMRA monthly levy from BD10 to BD5 per month in Bahrain.Tue, 15 May 2012 06:10:41 GMT24X7 News 24by7_140520121121017Openhttp://www.zawya.com/story/Syrian_crisis_will_not_wreck_SinoSaudi_ties_says_Beijing-ZAWYA20120515031606/The situation in Syria will not affect the excellent Sino-Saudi relations, a senior Chinese official said.Tue, 15 May 2012 05:59:34 GMTArab News ZAWYA20120515031606Openhttp://www.zawya.com/story/GCC_warns_Iran_against_meddling-ZAWYA20120515031111/A consultative meeting of GCC leaders chaired by Custodian of the Two Holy Mosques King Abdullah agreed to give more time to work out details of the proposed Gulf Union. Tue, 15 May 2012 05:35:48 GMTArab News ZAWYA20120515031111Openhttp://www.zawya.com/story/Saudi_Arabia_Naif_orders_moves_to_contain_rising_prices-ZAWYA20120515030911/Crown Prince Naif, deputy premier and minister of interior, has issued directives to several authorities to take effective measures to contain price rises and check counterfeit goods flooding the local market.Tue, 15 May 2012 05:34:15 GMTArab News ZAWYA20120515030911Openhttp://www.zawya.com/story/Saudi_to_see_stable_growth_report-ZAWYA20120515030851/Saudi Arabia's economy recorded high growth in 2011 and is expected to maintain good performance through 2012 unless tension escalates in the Gulf because of Iran's nuclear programmes.Tue, 15 May 2012 05:31:27 GMTEmirates 24|7 ZAWYA20120515030851Openhttp://www.zawya.com/story/GCC_assets_surge_USD456bn_in_2011-ZAWYA20120515030757/A surge in oil prices and region's crude production boosted the net foreign assets of Gulf hydrocarbon producers by a whopping USD456 billion in 2011 to record their biggest asset increase since they began exporting oil.Tue, 15 May 2012 05:28:34 GMTEmirates 24|7 ZAWYA20120515030757Openhttp://www.zawya.com/story/Indian_rupee_hits_nadir_vs_UAE_dirham_despite_RBI_efforts-ZAWYA20120515030801/The beleaguered Indian rupee made fresh lifetime lows on Monday against the US dollar - and the dollar-linked UAE dirham - even as the market ignored suspected intervention by the country's central bank to stem the rot in its currency.Tue, 15 May 2012 05:25:39 GMTEmirates 24|7 ZAWYA20120515030801Openhttp://www.zawya.com/story/Italy_to_broaden_UAE_investment_avenues-GN_14052012_150524/The Italian Business Council in Abu Dhabi said it will be working to bring Italian companies to the UAE as well as encourage local companies to invest in Italy, its newly elected President, Alberto Nencha said.Tue, 15 May 2012 05:23:23 GMTGulf News GN_14052012_150524Openhttp://www.zawya.com/story/Saudi_FM_tells_Iran_to_keep_out_of_SaudiBahrain_affairs-ANA20120514T171033ZTYS98/Saudi Foreign Minister Prince Saud al-Faisal said Monday that Iran should keep out of the kingdom's relations with Shiite-majority Bahrain, even if the two states decide to form a union.Tue, 15 May 2012 04:36:39 GMTAFP ANA20120514T171033ZTYS98Openhttp://www.zawya.com/story/New_version_of_Dubai_strategic_plan_soon_Al_Hamli-ZAWYA20120514135354/The announcement of a new version of the Dubai Strategic Plan 2015 is on the cards, a senior official at the Dubai Economic Council told Zawya.Mon, 14 May 2012 14:25:04 GMTZawya ZAWYA20120514135354Openhttp://www.zawya.com/story/Iranian_MPs_blast_SaudiBahrain_union_plan-ANA20120514T115416ZTXN79/Iranian MPs on Monday condemned a planned union between Saudi Arabia and fellow Sunni-ruled Bahrain, news agencies reported.Mon, 14 May 2012 12:15:18 GMTAFP ANA20120514T115416ZTXN79Openhttp://www.zawya.com/story/23_troops_killed_EU_slaps_new_sanctions_on_Syria-ANA20120514T084819ZTWW91/Fierce clashes between regime forces and armed rebels in central Syria Monday killed 23 Syrian soldiers and wounded dozens, a watchdog said, as the EU slapped fresh sanctions on the Damascus regime.Mon, 14 May 2012 09:43:50 GMTAFP ANA20120514T084819ZTWW91Openhttp://www.zawya.com/story/Saudi_nonoil_sector_to_ease_Study-ZAWYA20120514043136/The growth in the Saudi non-oil sector will ease due to high base effects in 2012, the National Commercial Bank said in its "Saudi Economic Perspectives 2012-2013" report .Mon, 14 May 2012 07:38:17 GMTThe Saudi Gazette ZAWYA20120514043136Openhttp://www.zawya.com/story/Hopes_to_increase_trade_between_Iraq_and_Egypt-ZAWYA20120514052703/Plans are underway to boost the volume of trade exchange between Iraq and Egypt.The Iraq-Egypt Commercial Committee, made up of members from various ministries in the federal government, have announced that they will work towards finding a plan to raise the volume of trade exchange between the two countries.Mon, 14 May 2012 07:29:17 GMTAK News ZAWYA20120514052703Openhttp://www.zawya.com/story/Gulf_union_to_top_summit_agenda-ZAWYA20120514031414/Foreign ministers of the six-nation Gulf Cooperation Council (GCC) met here yesterday to draw up the agenda for the consultative meeting of the GCC heads of state.Mon, 14 May 2012 06:31:49 GMTArab News ZAWYA20120514031414Openhttp://www.zawya.com/story/Riyadh_fair_to_create_5000_jobs-ZAWYA20120514031819/Deputy Labor Minister for Planning and Development Abdullah Al-Haqabani opened yesterday the 3rd Saudi Job Fair organized by the Riyadh Chamber of Commerce and Industry (RCCI).Mon, 14 May 2012 06:29:48 GMTArab News ZAWYA20120514031819Openhttp://www.zawya.com/story/SIMAH_targets_800000_firms_within_SME_category-ZAWYA20120514035356/Nabeel Al-Mubarak, CEO of Saudi Credit Bureau (SIMAH), says the taqyeem project has targeted some 800,000 firms under the small and medium enterprises (SMEs) Kingdomwide.Mon, 14 May 2012 06:18:11 GMTArab News ZAWYA20120514035356Openhttp://www.zawya.com/story/UAE_Lebanon_look_to_boost_economic_ties-DS14052012_dsart*173297/The United Arab Emirates and Lebanon are seeking stronger economic ties, officials from the two countries said over the weekend.Mon, 14 May 2012 05:44:45 GMTThe Daily Star DS14052012_dsart-173297Openhttp://www.zawya.com/story/Bahrain_PM_for_Gulf_union_opposition_wants_referendum-ANA20120513T145914ZTVD42/Bahrain's premier has backed Saudi Arabia's plan for the creation of a Gulf union, a report said, but the nation's Shiite opposition is demanding the proposal be put to a referendum.Mon, 14 May 2012 05:36:05 GMTAFP ANA20120513T145914ZTVD42Openhttp://www.zawya.com/story/Revenues_in_Oman_up_at_RO_185bn-ZAWYA20120513033257/The state's general revenues increased by 30.8 per cent by the end of February this year, registering RO 1.85 billion as compared to RO 1.42 billion during the corresponding period last year, according to statistics released by the department concerned (at the Ministry of National Economy).Sun, 13 May 2012 07:51:53 GMTOman Daily Observer ZAWYA20120513033257Openhttp://www.zawya.com/story/Irans_jobless_rate_declined_to_123_last_year-ZAWYA20120513033841/The unemployment rate in Iran stood at 12.3 percent last year, which ended on March 19, showing 1.2 percent fall compared to the preceding year, the Statistical Center of Iran reported.Sun, 13 May 2012 07:46:39 GMTTehran Times ZAWYA20120513033841Openhttp://www.zawya.com/story/Jordans_PM_Budget_deficit_worse_than_previously_forecast-ZAWYA20120513044157/Prime Minister Fayez Tarawneh said on Saturday Jordan had received just a fraction of foreign aid pledged to the Kingdom, putting additional pressures on an already strained budget.Sun, 13 May 2012 06:43:41 GMTJordan News Agency - Petra ZAWYA20120513044157Openhttp://www.zawya.com/story/QNB_Group_Food_prices_are_high_globally_and_trending_up_in_the_GCC-ZAWYA20120513060841/Despite a slight easing in April, the price of food in global commodity markets remains near historic highs. In the GCC, retail food prices continue to trend upwards. QNB Group notes that the global food crisis that began in 2007 may be far from over.Sun, 13 May 2012 06:16:13 GMTPress Release ZAWYA20120513060841Openhttp://www.zawya.com/story/GCC_eyes_high_commission_to_boost_integration-GN_12052012_130538/The Gulf Cooperation Council (GCC) countries are expected to adopt tomorrow a proposal to establish a high commission to coordinate the decisions by the six member states, a Saudi daily reported.Sun, 13 May 2012 05:58:14 GMTGulf News GN_12052012_130538Openhttp://www.zawya.com/story/SR_3174_billion_surplus_for_Saudi_Arabia-ZAWYA20120513031220/The increase in oil revenues will fuel another year of twin surpluses, with the fiscal and current account balances expected to register 14.3 percent and 31.3 percent to GDP, respectively, says a new report from the National Commercial Bank (NCB) unveiled.Sun, 13 May 2012 04:54:15 GMTArab News ZAWYA20120513031220Openhttp://www.zawya.com/story/Gulf_leaders_to_mull_Saudibacked_union-ANA20120513T030713ZTUF51/Gulf leaders at a meeting in Riyadh on Monday will discuss a Saudi proposal to develop their six-nation council into a union, likely to start with the kingdom and unrest-hit Bahrain, officials said.Sun, 13 May 2012 04:53:59 GMTAFP ANA20120513T030713ZTUF51Openhttp://www.zawya.com/story/Abu_Dhabi_inflation_index_gains_on_rising_food_costs-GN_12052012_130540/Consumer prices in the emirate of Abu Dhabi rose 1.8% on average in April from the same month a year earlier, the latest monthly report released yesterday by the Statistics Centre Abu Dhabi (Scad) showed.Sun, 13 May 2012 04:53:33 GMTGulf News GN_12052012_130540Open