http://www.zawya.com/moneyen-usCopyright 2013 Zawya Ltd. All rights reserved.Wed, 19 Jun 2013 03:40:00 GMT5014476http://www.zawya.com/moneyhttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/RMB_likely_to_replace_dollar_in_global_trade-ZAWYA20130619034055/Chinese currency Renminbi or RMB is set to emerge as the anchoring currency of global economy in longer-term. Wed, 19 Jun 2013 15:24:18 GMTEmirates 24|7 ZAWYA20130619034055Openhttp://www.zawya.com/story/Oman_25_increase_in_nonoil_exports-ZAWYA20130619035101/Oman's non-oil exports has increased by 25% in the last few months and is poised to grow further according to the Public Establishment for Industrial Estates (PEIE). Wed, 19 Jun 2013 05:57:11 GMTOman Daily Observer ZAWYA20130619035101Openhttp://www.zawya.com/story/Jodan_Lower_House_endorses_2013_state_budget_bill-ZAWYA20130619040709/Prime Minister Abdullah Ensour told deputies on Tuesday that the lifting of electricity subsidies is purely a government decision and that they will not be held accountable for it.Wed, 19 Jun 2013 05:26:23 GMTJordan Times ZAWYA20130619040709Openhttp://www.zawya.com/story/5000_Nitaqathit_Indians_find_jobs-ZAWYA20130619031637/As many as 5,000 Indian expats have been employed in various fields and by different companies following proactive measures taken by the Indian Consulate to help Indians affected by the new labor laws.Wed, 19 Jun 2013 05:25:01 GMTArab News ZAWYA20130619031637Openhttp://www.zawya.com/story/Middle_East_investors_now_more_active_in_managing_capital-GN_18062013_190644/While other markets are busy finding ways to stem capital flight, there is a growing trend of Middle Eastern investors keeping their money at home and taking control of their assets.Wed, 19 Jun 2013 04:57:13 GMTGulf News GN_18062013_190644Openhttp://www.zawya.com/story/Indias_rupee_closes_at_record_low_to_US_dollar_UAE_dirham-GN_18062013_190648/India’s rupee on Tuesday closed at an all time record low of 58.78 to the dollar ahead of a US Federal Reserve meeting on Wednesday where a decision could be taken on scaling back the Fed’s $85 billion-a-month (Dh312.13 billion) asset purchase programme as the world’s largest economy gains traction.Wed, 19 Jun 2013 04:55:22 GMTGulf News GN_18062013_190648Openhttp://www.zawya.com/story/Iran_trades_with_160_countries-ZAWYA20130618043411/Iran had trade transactions with 160 countries in the last Iranian year (ended March 20, 2013), said the vice president for marketing in Trade Promotion Organization of Iran. Tue, 18 Jun 2013 06:50:24 GMTIran Daily ZAWYA20130618043411Openhttp://www.zawya.com/story/TehranMuscat_transactions_hit_USD250m-ZAWYA20130618043741/Iran and Oman have increased trade transactions to USD 250 million in the last Iranian year (ended March 20), the director of Trade Promotion Organization of Iran for Persian Gulf said. Tue, 18 Jun 2013 06:45:06 GMTIran Daily ZAWYA20130618043741Openhttp://www.zawya.com/story/Egypt_has_no_documents_on_its_debts_MP-ZAWYA20130618045618/Parliamentary Financial Commission stressed that the Egyptian government has no legal documents on its workers' debts.Tue, 18 Jun 2013 06:43:21 GMTAswat Aliraq ZAWYA20130618045618Openhttp://www.zawya.com/story/Arab_exports_to_Brazil_exceed_USD276bn_in_JanApril_2013-ZAWYA20130618032132/The Arab region has been a very important partner of Brazil in oil trade as Arab countries collectively account for up to 20% of Brazilian oil imports.Tue, 18 Jun 2013 06:26:05 GMTEmirates 24|7 ZAWYA20130618032132Openhttp://www.zawya.com/story/Syria_economy_dominate_G8-ZAWYA20130618040704/The war in Syria dominated the start of the G8 summit in Northern Ireland as Western leaders upped pressure on Russia to back away from its support.Tue, 18 Jun 2013 05:31:19 GMTOman Daily Observer ZAWYA20130618040704Openhttp://www.zawya.com/story/Marsa_Zayed_project_to_go_ahead_as_planned-ZAWYA20130618035236/Abu Dhabi-based developers of the USD 10 billion Marsa Zayed project in Aqaba expressed anger over "baseless" accusations by some media outlets but pledged to go ahead with its implementation as planned.Tue, 18 Jun 2013 05:23:59 GMTJordan Times ZAWYA20130618035236Openhttp://www.zawya.com/story/Jordan_MPs_brand_electricity_price_hike_unconstitutional-ZAWYA20130618035142/A group of MPs submitted a twofold plan to the government to increase revenues and reduce expenditures, amid parliamentary dissatisfaction over a planned electricity hike.Tue, 18 Jun 2013 05:20:23 GMTJordan Times ZAWYA20130618035142Openhttp://www.zawya.com/story/USS_Stockdale_crew_to_leave_Jordanian_waters_after_exercise-ZAWYA20130618035030/The commander of the USS Stockdale battleship on Monday commended the professionalism and dedication of Jordanian naval troops taking part in the Eager Lion military exercise.Tue, 18 Jun 2013 05:19:31 GMTJordan Times ZAWYA20130618035030Openhttp://www.zawya.com/story/Public_debt_in_Lebanon_reaches_USD59bn_in_April-DS18*06*2013_dsart*220713/Lebanon’s public debt swelled by nearly USD 5 billion during the term of former premier Najib Mikati’s Cabinet, the secretary-general of the Association of Banks in Lebanon said. “Based on the statistics provided by the Finance Ministry, the public debt rose by USD 5 billion, 60% of which is foreign currency,” Makram Sader told The Daily Star.Tue, 18 Jun 2013 05:11:29 GMTThe Daily Star DS18-06-2013_dsart-220713Openhttp://www.zawya.com/story/IranOman_trade_transactions_hit_USD250m-ZAWYA20130617052052/Iran-Oman trade transactions reached USD 250 million during the past Iranian calendar year, ended March 20, 2013, director of Iran Trade Promotion Organization for Persian Gulf said.Mon, 17 Jun 2013 07:59:27 GMTIRNA ZAWYA20130617052052Openhttp://www.zawya.com/story/Jordan_House_resumes_state_budget_debate-ZAWYA20130617055647/The Lower House resumed a lengthy debate of the 2013 temporary state budget law and independent governmental units' budget bill in a session chaired by Speaker Saad Hayel Srour and attended by Prime Minister Abdullah Ensour.Mon, 17 Jun 2013 07:58:32 GMTJordan News Agency - Petra ZAWYA20130617055647Openhttp://www.zawya.com/story/Labor_minister_foreign_labor_in_Jordan_will_only_be_recruited_according_to_law-ZAWYA20130617055716/Minister of Labor Nidal Katamine said the ministry will enforce the law and only permit recruitment of foreign laborers according to conditions set by the law, as this will give priority to Jordanians seeking employment in the private sector.Mon, 17 Jun 2013 07:57:42 GMTJordan News Agency - Petra ZAWYA20130617055716Openhttp://www.zawya.com/story/Govt_will_not_back_down_on_economic_reforms_Jordans_PM-ZAWYA20130617043717/Prime Minister Abdullah Ensour vowed to put state finances back in order by continuing to carry out economic reforms, which he said cannot be delayed any more.Mon, 17 Jun 2013 07:46:53 GMTJordan Times ZAWYA20130617043717Openhttp://www.zawya.com/story/India_enhances_limits_on_foreign_investments-ZAWYA20130617040237/The federal government of India, in line with a discussion held by its Finance Minister P Chidambaram with Qatari authorities during his recent Doha visit, has decided to enhance that country's foreign investments limits.Mon, 17 Jun 2013 06:09:20 GMTThe Peninsula ZAWYA20130617040237Openhttp://www.zawya.com/story/Qatari_exports_to_UK_decline_by_23-ZAWYA20130617040210/The value of Qatari exports to the UK has declined by 23% from QAR27.45bn in 2011 to QAR21.16bn in 2012, statistics provided by the British Embassy in Qatar said. Mon, 17 Jun 2013 06:08:47 GMTThe Peninsula ZAWYA20130617040210Openhttp://www.zawya.com/story/GCC_to_continue_to_invest_heavily_in_infrastructure-ZAWYA20130617041049/The GCC (Gulf Cooperation Council) countries will continue to invest heavily in infrastructure and diversify their economies, thus boosting non-oil GDP growth, QNB said in a report.Mon, 17 Jun 2013 05:55:38 GMTThe Saudi Gazette ZAWYA20130617041049Openhttp://www.zawya.com/story/Trade_transactions_with_121_states-ZAWYA20130616070127/Iran had trade transactions with 121 countries during the first month of the current Iranian year (started March 21). Sun, 16 Jun 2013 15:22:11 GMTIran Daily ZAWYA20130616070127Openhttp://www.zawya.com/story/Oman_govt_revenues_rise_25_to_OMR47bn-ZAWYA20130616070215/The sultanate's government revenues rose 2.5% to OMR 4.72 billion at the end of April 2013 from OMR 4.6 billion at the end of the corresponding period in 2012.Sun, 16 Jun 2013 15:20:56 GMTMuscat Daily ZAWYA20130616070215Openhttp://www.zawya.com/story/Saudi_Arabia_wants_missiles_for_Syrian_rebels__Report-ZW20130616000053/Saudi Arabia plans to supply the Syrian opposition with anti-aircraft missiles to counter President Bashar al-Assad's air force, German news weekly Der Spiegel reports Sunday. Sun, 16 Jun 2013 13:30:41 GMTZawya Dow Jones News ZW20130616000053Openhttp://www.zawya.com/story/Kuwait_court_scraps_poll_approves_electoral_law-ZW20130616000045/Kuwait's constitutional court Sunday scrapped last December's parliamentary election which was boycotted by the opposition, but approved the controversial electoral law that sparked the boycott. Sun, 16 Jun 2013 10:13:23 GMTZawya Dow Jones News ZW20130616000045Openhttp://www.zawya.com/story/Saudi_May_inflation_slows_to_38_on_year_as_core_index_dips-ZW20130616000037/Saudi Arabia's annual inflation rate slowed slightly to 3.8% in May, the lowest this year, from 4% in April due to a fall in the core index, the Kingdom's Central Department for Statistic and Information said. Sun, 16 Jun 2013 07:59:44 GMTZawya Dow Jones News ZW20130616000037Openhttp://www.zawya.com/story/Kuwait_democracy_on_the_line_oppn_warns-ZAWYA20130616042443/The Constitutional Court is scheduled to issue its long-awaited verdict on the controversy over Amir powers under article 71 of the constitution to issue "emergency" legislation in the absence of the National Assembly.Sun, 16 Jun 2013 06:14:39 GMTKuwait Times ZAWYA20130616042443Openhttp://www.zawya.com/story/70_of_votes_cast_by_Iranians_residing_abroad_counted_official-ZAWYA20130616044658/Head of the Elections headquarters for Foreign Countries Kazem Sajjadi said 70 percent of the votes cast by the Iranians residing abroad for the 11th presidential elections were counted. Sun, 16 Jun 2013 05:56:11 GMTIRNA ZAWYA20130616044658Openhttp://www.zawya.com/story/Qatar_spending_seen_rising-ZAWYA20130616034604/Qatar's public spending will gather pace over the next two years, keeping the overall GDP growth at more than 5% as the country looks towards infrastructure improvements, a new study has shown.Sun, 16 Jun 2013 05:51:46 GMTGulf Times ZAWYA20130616034604Openhttp://www.zawya.com/story/Qatar_Inflation_up_as_real_estate_recovers_says_report-ZAWYA20130616034530/Qatar's real estate market remains over supplied and the factors behind the sector's "strong recovery" remains unclear, Samba Financial Group said in a report.Sun, 16 Jun 2013 05:40:32 GMTGulf Times ZAWYA20130616034530Openhttp://www.zawya.com/story/Mena_growth_outlook_strong_QNB_Group-ZAWYA20130616033438/The economic outlook of Middle East and North Africa (Mena) region remains strong, according to QNB Group. Sun, 16 Jun 2013 05:38:52 GMTThe Peninsula ZAWYA20130616033438Openhttp://www.zawya.com/story/Qatar_tops_Mena_region_in_Global_Peace_Index_2013-ZAWYA20130616034313/Qatar has topped the Middle East and North Africa (Mena) region in the Global Peace Index (GPI) 2013 for the fifth year in a row.Sun, 16 Jun 2013 05:06:51 GMTGulf Times ZAWYA20130616034313Openhttp://www.zawya.com/story/Saudi_inflation_slows_to_38_in_May-ZAWYA20130616025942/Saudi Arabia's inflation rate for May slowed to 3.8 percent year-on-year compared with 4 percent in the previous month, According to the Central Department for Statistics and Information (CDSI).Sun, 16 Jun 2013 04:56:39 GMTArab News ZAWYA20130616025942Openhttp://www.zawya.com/story/Qatars_Emir_preparing_to_transfer_power_to_his_son_officials-ZW20130615000086/Qatar's emir, Sheikh Hamad bin Khalifa al-Thani, is preparing to hand control of the gas-rich Gulf state to his son, Qatari diplomats and officials said. Sun, 16 Jun 2013 04:41:07 GMTZawya Dow Jones News ZW20130615000086Openhttp://www.zawya.com/story/Moderate_cleric_Rohani_wins_Iran_election-ZW20130615000088/Minister Mohammad Mostafa Najjar said Rohani won outright with 18.6 million votes, or 51%.Sun, 16 Jun 2013 04:28:12 GMTZawya Dow Jones News ZW20130615000088Openhttp://www.zawya.com/story/Omans_investment_overseas_sees_big_surge-ZAWYA20130615041438/The Sultanate's foreign investments rose 36.5% to OMR5.48 billion by the end of 2011 compared to 2010, according to data released by the National Centre for Information and Statistics (NCSI).Sat, 15 Jun 2013 05:50:29 GMTTimes of Oman ZAWYA20130615041438Openhttp://www.zawya.com/story/Sleiman_signs_wage_hike_snags_persist_in_Lebanon-DS15*06*2013_dsart*220432/President Michel Slieman has signed the new salary scale law and referred it to Parliament for approval, the Union Coordination Committee said Friday, but warned teachers would return to strikes if Parliament failed to remove the amendments made by the Finance Ministry on the bill.Sat, 15 Jun 2013 05:17:06 GMTThe Daily Star DS15-06-2013_dsart-220432Openhttp://www.zawya.com/story/UAE_inches_towards_securing_Expo_2020_bid-GN_14062013_150616/The UAE’s announcement of EUR 150 million (AED 734 million) Expo Live support package for participants from the developing countries and a further EUR 100 million Partnership Fund to spur ideas, innovation and entrepreneurship, is expected to work as a tonic for the UAE’s Expo 2020 bid, officials said.Sat, 15 Jun 2013 04:19:07 GMTGulf News GN_14062013_150616Openhttp://www.zawya.com/story/UAE_job_opportunities_to_rise_by_2_to_3-GN_14062013_150609/More opportunities will be available to jobseekers this year as business confidence has returned and the UAE continues to perform better than other regions around the world, recruitment experts have said.Sat, 15 Jun 2013 04:16:26 GMTGulf News GN_14062013_150609Openhttp://www.zawya.com/story/3_million_expatriates_face_redundancy_in_Saudi_Arabia-ZAWYA20130614042548/Private companies who have not legalized the work status of their expatriate employees are planning to lay them off due to fears of expected raids by labor authorities.Fri, 14 Jun 2013 06:14:51 GMTArab News ZAWYA20130614042548Openhttp://www.zawya.com/story/Suez_Canal_revenues_rise_on_higher_tonnage_fees-ZAWYA20130614045233/A ship passes through the Suez Canal near Port Said, 170km northeast of Cairo. Revenue from Egypt's Suez Canal rose 1% in May from a year earlier to USD 438.1 million, driven by a rise in the total tonnage of oil and container cargo vessels passing through and by a rise in toll fees, the Suez Canal Authority (SCA) said.Fri, 14 Jun 2013 05:56:41 GMTGulf Times ZAWYA20130614045233Openhttp://www.zawya.com/story/Industrial_cities_eye_SAR300bn_investment_in_KSA-ZAWYA20130614045449/Royal Commission for Jubail and Yanbu is seeking SAR 300 billion investment in the industrial cities and have opened up huge opportunities.Fri, 14 Jun 2013 05:54:50 GMTThe Saudi Gazette ZAWYA20130614045449Openhttp://www.zawya.com/story/Saudi_CPA_seeks_to_stop_bank_fees_imposed_on_Hafiz_beneficiaries-ZAWYA20130614042852/The Consumer Protection Association (CPA) has revealed that it is working to put an end to banks charging Hafiz beneficiaries extra service fees.Fri, 14 Jun 2013 05:24:58 GMTArab News ZAWYA20130614042852Openhttp://www.zawya.com/story/Saudi_securities_investment_soars-ZAWYA20130614043848/Saudi Arabia boosted its investment in foreign securities by nearly SAR 137 billion in the first four months of 2013 while it cut its deposits with foreign banks.Fri, 14 Jun 2013 05:20:47 GMTEmirates 24|7 ZAWYA20130614043848Openhttp://www.zawya.com/story/UAE_rich_might_not_get_any_richer_study-GN_13062013_140646/It’s not only the average-income consumers who have to grapple with inflation. Those with deeper pockets now have to spend more this year to continue living a life of luxury, a new research has found.Fri, 14 Jun 2013 05:04:14 GMTGulf News GN_13062013_140646Openhttp://www.zawya.com/story/Iraq_Obama_agreed_to_extend_Iraqs_money_protection_abroad_for_another_year-ZAWYA20130613035900/The Iraqi Foreign Ministry said that it has received a reply from the US to ensure the approval of President, Barack Obama on the protection of Iraqi funds deposited in banks in America for another year.Thu, 13 Jun 2013 08:51:01 GMTShafaq News ZAWYA20130613035900Subscriptionhttp://www.zawya.com/story/Iraq_225_MPs_didnt_declare_financial_property_Integrity_Commission-ZAWYA20130613042233/Iraqi Integrity Commission confirmed that 225 MPs did not declare their personal financial properties for the year 2013, in addition to the National Security Department and the State Ministry for Provincial Affairs.Thu, 13 Jun 2013 08:43:31 GMTAswat Aliraq ZAWYA20130613042233Subscription