Last Update 16:44
Business
Positive US housing data and a deal to extend the US payroll tax cut for two months pushes Japan's main index upwards
The deal brings Alcotexa's export commitments for the 2011/12 season to 25,204 tonnes worth $87.33 million
Trade in short-term Qatari Treasury bills will begin on the Qatar Exchange on Thursday
The central bank will offer LE3 billion of three-year bonds, which mature on Jan 3, 2015, and LE2 billion of five-year bonds which mature on Jan 3, 2017
The drop in the growth rate is driven by contraction of tourism, construction and manufacturing industries while domestic consumption prevented the economy from shrinking  
The planned expenditures translates to a budget deficit of $498.23 million

The head of the International Monetary Fund believes the world economy is in danger as she urges Europeans to speak with one voice on a debt crisis that has rattled the global financial system

The decision comes six weeks after King Abdullah moved responsibility for the aviation sector from the Defence Ministry to the newly established General Authority for Civil Aviation

Gulf markets shows mixed results in year-end trade with few market leaders showing significant results

The stock exchange realised an impressive 1.93 per cent gain but turnover plummets to $16.5 million as foreign investors' activity tumbles



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