Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
The United Arab Emirates plans to provide $3 billion in financial aid to Egypt but is still discussing the mechanism to deliver it, a senior UAE official said on Saturday.
Egypt pushed back the closing date for parties to register in a parliamentary election for the second time on Saturday after some politicians asked for more time to do their applications, the head of the election committee said.
As Muammar Gaddafi lay still unburied, Libya's outgoing premier said the coming days posed a crucial test of resolve for the new men of power, who are wrangling over the body, and about a formal end to the war.
The Tea Party Nation blogger who said U.S. small businesses should stop hiring new employees in order to ensure President Barack Obama will not be re-elected expands on her statement. Melissa Brookstone said a global socialist movement is well underway and Obama is connected to it.
The prince was the son of the kingdom's founder, King Abdul-Aziz, who was known as Ibn Saud.
When Libyan Prime Minister Mahmoud Jibril announced Moammar Gadhafi's death Thursday, he began with the words: We have been waiting for this moment for a long time. That must have made many in Libya and in the U.S. feel very good: it never hurts to be reminded that justice exists.
The popular uprisings sweeping the Arab world this year have slowed economies across the region, and now jobs, better governance, and investment are needed, speakers at the World Economic Forum in Jordan said Saturday.
The popular uprisings that have swept the Arab world this year have slowed economies across the region, and jobs, better governance and investment are needed, speakers at the World Economic Forum in Jordan said on Saturday.
General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.
On the day his father, Moammar Gadhafi, was shot and killed by revolutionary fighters who overran his hometown of Sirte, Mutassim Gadhafi died, too.
Moammar Gadhafi was killed in Sirte, Libya on Thursday, but Libya's National Transitional Council has a long way to go before the country is healed.
A liberal-led coalition of eight political parties says it is confident of winning a parliamentary election in Morocco next month aimed at staunching any spillover from the Arab Spring.
Muammar Gaddafi was killed on Thursday as Libya's new leaders declared they had overrun the last bastion of his long rule, sparking wild celebrations that eight months of war may finally be over.
It's the opportune time to consider the future of Libya. A future without the bloody rule of Gadhafi.
Nearly 500 Palestinian prisoners were released by Israel on Tuesday, all in exchange for detained Israeli soldier Gilad Shalit.
Gilad Shalit was released on Tuesday, after being held captive for five years by Palestinian political group Hamas. After years of protests, failed compromises and international outrage, the Israeli solder was finally reunited with his family.
Adbusters, the left-leaning magazine that ignited the Occupy Wall Street protests, said the movement should get behind one solid demand -- a 1 percent Robin Hood tax on financial transactions and currency trades.
Israeli soldier Gilad Shalit was released to a national outpouring of joy Tuesday after five years in captivity, exchanged for hundreds of Palestinian prisoners in a deal with Gaza's Hamas rulers.
Israel and Hamas on Tuesday morning started exchange of prisoners. Hamas handed over Gilad Shalit, an Israeli soldier who has been held since June 2006, to Egypt in exchange of Palestinian prisoners.
Kidnapped Israeli soldier Gilad Shalit and hundreds of Palestinians will return home Tuesday in an exchange with the Hamas movement that rules Gaza that Israeli Prime Minister Benjamin Netanyahu called a historic deal.