http://www.zawya.com/moneyen-usCopyright 2012 Zawya Ltd. All rights reserved.Wed, 08 Feb 2012 04:09:00 GMT5014476http://www.zawya.com/moneyhttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20120209040920/MPs_support_Irans_retaliatory_measures_against_EuropeDeputies of Majlis (Parliament) in a statement on Wednesday voiced their strong support for the Iranian government's decision to reciprocate Europe's economic sanctions against the country. Thu, 09 Feb 2012 08:20:51 GMTIRNA ZAWYA20120209040920Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040958/Dubais_key_sectors_show_strong_growth_in_2011Key economic sectors and economic activity in Dubai remained stable and growing in 2011, with the Department of Economic Development, or DED, issuing 14,360 business licences during the year. Thu, 09 Feb 2012 08:20:01 GMTKhaleej Times ZAWYA20120209040958Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209030503/Which_nationality_CEOs_are_the_most_sought_after_in_UAEDo companies in the UAE truly reflect its multicultural set up? Are there some nationals who are more preferred and move up the ranks quicker than others to become CEOs?Thu, 09 Feb 2012 08:19:14 GMTEmirates 24|7 ZAWYA20120209030503Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041130/Dubai_Municipality_attains_Dh21b_budget_surplusDubai Municipality ?on Wednesday said it has achieved a Dh2.1 billion surplus in 2011 budget, mainly on rationalisation of expenses in operational activities. Thu, 09 Feb 2012 08:16:55 GMTKhaleej Times ZAWYA20120209041130Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209042421/Algeria_boosts_Mali_mediation_effortsAlgeria recently hosted three days of talks between the Malian government and rebels in an effort to bring to an end the nearly month-old Touareg revolt. Thu, 09 Feb 2012 08:04:03 GMTMagharebia.com ZAWYA20120209042421Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209042656/IMF_expects_a_275_percent_economic_growth_for_Jordan_in_2012An International Monetary Fund (IMF) mission expected an economic growth of 2¾ percent in 2012 as unrest in the region, high commodity import prices, and rising sovereign financing costs will adversely affect the Jordanian economy.Thu, 09 Feb 2012 08:03:29 GMTJordan News Agency - Petra ZAWYA20120209042656Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209043228/Commercial_fraud_in_Saudi_Arabia_cost_govt_SR40b_in_2010Commercial fraud cost the government and society a massive SR40 billion in 2010. This shocking announcement was made by Dr. Nasser Bin Ibrahim Al-Tuwaim, President of the Consumer Protection Association (CPA), in a symposium at the Middle East Strategic Studies Center earlier this week.Thu, 09 Feb 2012 07:43:33 GMTThe Saudi Gazette ZAWYA20120209043228Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209043443/Saudi_Credit_bank_gives_SR4b_in_loans_to_small_businessesThe Saudi Credit and Savings Bank (SCSB) has provided SR4 billion in loans to 21,000 small and medium businesses. The SCSB has also opened up over 30,000 job opportunities in various sectors, Dr. Ibrahim Al-Assaf, Minister of Finance, said here Tuesday.Thu, 09 Feb 2012 07:41:50 GMTThe Saudi Gazette ZAWYA20120209043443Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040644/Iran_ready_to_promote_ties_with_Indonesia_SalehiForeign Minister Ali Akbar Salehi said here on Wednesday that Iran is ready to develop bilateral ties with Indonesia. Thu, 09 Feb 2012 07:24:09 GMTIRNA ZAWYA20120209040644Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040506/Iran_peaceseeking_naval_patrols_in_intl_waters_to_continue_SayyariPeace-seeking naval patrol of Iranian naval ships would continue in international waters, Commander of Islamic Republic of Iran Navy Rear Admiral Emir Habibollah Sayyari said on Wednesday. Thu, 09 Feb 2012 07:23:49 GMTIRNA ZAWYA20120209040506Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040552/Salehi_discusses_regional_issues_with_Nabih_Berris_special_envoyForeign Minister Ali Akbar Salehi discussed regional developments with the Lebanese Majlis Speaker Nabih Berri's special envoy Khalil Hamdan here on Wednesday. Thu, 09 Feb 2012 07:23:23 GMTIRNA ZAWYA20120209040552Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209033144/Iran_calls_for_massive_turnout_for_Bahman_22nd_rallies On Wednesday, individuals, organizations, and political groupings called for a massive turnout for rallies that will be held on the 22nd of the Iranian calendar month of Bahman (February 11) to commemorate the 33rd anniversary of the Islamic Revolution in 1979. Thu, 09 Feb 2012 07:16:53 GMTTehran Times ZAWYA20120209033144Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209033549/Iran_Belarus_seek_ways_to_bolster_trade_tiesAn Iranian trade delegation, led by the industry, mine and trade minister, arrived in Belarus on Tuesday to explore ways to develop bilateral ties between the two countries.Thu, 09 Feb 2012 07:15:46 GMTTehran Times ZAWYA20120209033549Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035217/Global_mutual_fund_assets_put_at_259_trillionShashank Srivastava, acting CEO of the Qatar Financial Centre Authority, said, "The QFCA is delighted to be a sponsor once again of this latest GCC Mutual Fund Industry Survey.Thu, 09 Feb 2012 07:03:08 GMTArab News ZAWYA20120209035217Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035254/Russia_should_have_supportive_role_of_Arab_people__NujaifiIraqi Parliament Speaker Usama Nujaifi stressed today during his meeting with the Russian ambassador to Baghdad that "his country should have a positive and supportive role for the Arab people".Thu, 09 Feb 2012 07:02:08 GMTAswat Aliraq ZAWYA20120209035254Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035339/S_Korea_should_supply_Iraq_with_military_planes__Maliki Premier Nouri al-Maliki called on South Korea to provide Iraq with military training planes, as well cooperation in other armaments.Thu, 09 Feb 2012 07:00:42 GMTAswat Aliraq ZAWYA20120209035339Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035426/Parlt_calls_for_direct_line_between_Baghdad_LondonThe Iraqi Parliament's Foreign Relations Committee has called on Britain to open a direct transport line between Baghdad and London, and to to provide special facilities for granting visas to enter the UK from Iraq, and not from any other country, according to a statement by the Committee's Chairman on Wednesday.Thu, 09 Feb 2012 07:00:06 GMTAswat Aliraq ZAWYA20120209035426Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209035516/Solution_for_Iraq_lies_in_its_division__analystThe best solution for the current crisis in Iraq is to divide the state into three separate states, a Kurdish analyst in North Iraq's Kurdistan Region has expressed today.Thu, 09 Feb 2012 06:58:53 GMTAswat Aliraq ZAWYA20120209035516Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209030649/Dubai_101_Why_the_emirates_risk_of_debt_default_is_below_IndiasThe cost of insuring five-year Dubai debt against default plunged to under-400 basis points on Wednesday, below not only certain unstable European and regional economies, but also below that of some economies perceived to be more stable, such as India's.Thu, 09 Feb 2012 06:42:13 GMTEmirates 24|7 ZAWYA20120209030649Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032156/OIC_to_launch_Syria_initiativeThe 57-member Organization of Islamic Cooperation (OIC) is making international efforts to resolve the Syrian crisis following a veto by Russia and China at the UN Security Council that foiled ratification of a draft resolution supporting an Arab initiative to end the violence in Syria.Thu, 09 Feb 2012 06:38:23 GMTArab News ZAWYA20120209032156Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032131/Russia_used_veto_to_avoid_civil_war_in_Syria_AmbassadorRussian Ambassador to the Kingdom, Oleg Ozerov, said on Tuesday that his country vetoed the UN Security Council resolution to avoid a civil war in Syria.Thu, 09 Feb 2012 06:37:29 GMTArab News ZAWYA20120209032131Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032305/A_crisis_in_the_making_UAE_expats_not_ready_for_retirementEven though UAE's per capita income at Dh178,351, or $48,597 (2011 estimates by International Monetary Fund) makes its residents the sixth-richest in the world, a majority of the country's residents plan to work even in their golden years as most believe they cannot count on a comfortable retirement after a lifetime of hard work.Thu, 09 Feb 2012 06:36:32 GMTEmirates 24|7 ZAWYA20120209032305Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209032344/The_UAEs_Top10_firms_to_work_for_Is_yours_on_the_listThe Great Place to Work Institute has revealed its second annual list of 'Top Companies to Work For in the UAE'.Thu, 09 Feb 2012 06:35:54 GMTEmirates 24|7 ZAWYA20120209032344Openhttp://www.zawya.com/story.cfm/sidDS09022012_dsart-162698/Lebanese_cabinet_crisis_complicates_budget_bidThe suspension of Cabinet meetings has further complicated Finance Minister Mohammad Safadi?s beleaguered effort to pass his 2012 draft budget amid growing signs that Lebanon will be without any official budget for the sixth consecutive year.Thu, 09 Feb 2012 06:34:34 GMTThe Daily Star DS09022012_dsart-162698Openhttp://www.zawya.com/story.cfm/sidDS09022012_dsart-162704/Waterfront_City_project_promises_to_create_more_jobsFifteen km northeast of Beirut on the seafront of Dbayyeh, Waterfront City, a nearly $2 billion investment that will generate more than 10,000 jobs, will be completed in four phases over the next 15 years. The first phase is expected to be completed in two years, including seven buildings, cafes, restaurants and a retail zone.Thu, 09 Feb 2012 06:33:20 GMTThe Daily Star DS09022012_dsart-162704Openhttp://www.zawya.com/story.cfm/sidANA20120208T140559ZHPE50/Several_killed_wounded_in_Homs_car_bomb_Syrian_TVSeveral people were killed and wounded on Wednesday when a car bomb ripped through a neighbourhood of the central city of Homs, Syrian television reported, blaming the blast on "armed terrorist gangs".Wed, 08 Feb 2012 14:24:07 GMTAFP ANA20120208T140559ZHPE50Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208140956/45000_Kuwaitis_visited_Iran_in_11Around 45,000 Kuwaitis visited various Iranian towns and cities last year, an indication of deep-rooted brotherly ties between the two countries, reports Al-Watan Arabic daily quoting a press statement released recently by the Iranian Embassy in Kuwait.Wed, 08 Feb 2012 14:23:30 GMTArab Times ZAWYA20120208140956Openhttp://www.zawya.com/story.cfm/sidANA20120208T130028ZHOX26/Tunisia_president_in_Morocco_to_promote_Maghreb_unionTunisia's new President Moncef Marzouki arrived in Morocco Wednesday to push for a revival of a dormant project to unify the Maghreb region on his first foreign tour since taking office.Wed, 08 Feb 2012 13:46:56 GMTAFP ANA20120208T130028ZHOX26Openhttp://www.zawya.com/story.cfm/sidANA20120208T130722ZHOY21/Gaza_Hamas_chief_to_visit_Iran_this_week_officialsThe Hamas prime minister in Gaza, Ismael Haniya, is on Friday to make a visit to Iran, which is celebrating the anniversary of its 1979 Islamic revolution, Iranian government officials said.Wed, 08 Feb 2012 13:46:26 GMTAFP ANA20120208T130722ZHOY21Openhttp://www.zawya.com/story.cfm/sidANA20120208T131455ZHOY98/Egypt_accuses_NGOs_of_illegal_political_activityEgyptian judges probing the alleged illegal foreign funding of non-governmental organisations on Wednesday accused the groups of illegal political activity, defending the planned trial of dozens in the case.Wed, 08 Feb 2012 13:45:45 GMTAFP ANA20120208T131455ZHOY98Openhttp://www.zawya.com/story.cfm/sidANA20120208T131724ZHOZ31/Britain_says_very_little_confidence_in_RussiaSyria_talksBritish Prime Minister David Cameron said on Wednesday he had little confidence in promises made by Syria to Russia over the violent crackdown by the regime in Damascus.Wed, 08 Feb 2012 13:44:52 GMTAFP ANA20120208T131724ZHOZ31Openhttp://www.zawya.com/story.cfm/sidANA20120208T132437ZHOZ99/Gulf_ministers_delay_Syria_meeting_to_SundayGulf foreign ministers have rescheduled their meeting on Syria to Sunday in Cairo, a Gulf Cooperation Council official said on Wednesday.Wed, 08 Feb 2012 13:43:46 GMTAFP ANA20120208T132437ZHOZ99Openhttp://www.zawya.com/story.cfm/sidANA20120208T114043ZHON58/Failed_UN_vote_on_Syria_has_fueled_killing_rights_chiefUN rights chief Navi Pillay called Wednesday for urgent international action to protect civilians in Syria, as troops continued to shell the city of Homs, a centre of protest in the country.Wed, 08 Feb 2012 13:38:43 GMTAFP ANA20120208T114043ZHON58Openhttp://www.zawya.com/story.cfm/sidANA20120208T113300ZHOM66/Iraq_wants_to_limit_private_security_contractorsIraq deeply mistrusts private security companies and wants to limit their operations here, officials say, while the contractors themselves have faced bureaucratic delays and detentions.Wed, 08 Feb 2012 13:37:48 GMTAFP ANA20120208T113300ZHOM66Openhttp://www.zawya.com/story.cfm/sidANA20120208T112115ZHOL41/EU_mulls_Syria_flight_ban_plans_for_possible_evacuationsThe European Union is making contigency plans in case it needs to evacuate EU citizens from Syria and is mulling a ban on flights into and out of the country, senior officials said Wednesday.Wed, 08 Feb 2012 13:35:55 GMTAFP ANA20120208T112115ZHOL41Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208064316/Irans_parliament_to_summon_Ahmadinejad_for_questioningA list of questions from the Iranian parliament members was handed over to the Board of members of the parliament, Fars news reported quoting Parliamentary Vice-Speaker Mohammad Reza Bahonar.Wed, 08 Feb 2012 13:30:59 GMTTrend News Agency ZAWYA20120208064316Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208063054/Reward_talent_management_and_organisational_effectiveness_focus_for_companies_forecasting_2012_growthHay Group's Business Outlook study for 2012 reports that pay, talent management and organisational effectiveness are high on the agenda this year for Middle Eastern companies. 600 organisations in the region* participated in the study in December 2011 which takes a look at the year ahead. Wed, 08 Feb 2012 13:30:40 GMTPress Release ZAWYA20120208063054Openhttp://www.zawya.com/story.cfm/sidANA20120208T121231ZHOR36/Tunisia_says_FDI_down_30_in_2011Foreign direct investment (FDI) in Tunisia plummeted 29.2 percent last year in the aftermath of the revolt that felled long-standing president Zine el Abidine Ben Ali, official data showed Wednesday.Wed, 08 Feb 2012 13:09:27 GMTAFP ANA20120208T121231ZHOR36Openhttp://www.zawya.com/story.cfm/sidANA20120208T121234ZHOR37/Iran_MPs_take_no_action_on_EU_oil_embargo_go_into_recessIranian lawmakers on Wednesday went into a near month-long recess without taking any action on a threat to impose a pre-emptive oil embargo on European Union countries.Wed, 08 Feb 2012 13:08:48 GMTAFP ANA20120208T121234ZHOR37Openhttp://www.zawya.com/story.cfm/sidANA20120208T123154ZHOT84/Syrian_army_tightens_noose_on_Homs_activistsSyrian government troops are slowly tightening the noose on besieged Homs, cutting off power, communications and supplies in a determined bid to crush resistance, activists in the city said on Wednesday.Wed, 08 Feb 2012 13:06:34 GMTAFP ANA20120208T123154ZHOT84Openhttp://www.zawya.com/story.cfm/sidANA20120208T124152ZHOV10/Putin_warns_against_bull_in_china_shop_actions_in_SyriaRussian strongman Vladimir Putin warned Wednesday against foreigners behaving "like a bull in a china shop" towards Syria after his envoy returned from talks with President Bashar al-Assad.Wed, 08 Feb 2012 13:04:57 GMTAFP ANA20120208T124152ZHOV10Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208032245/Middle_East_firms_focus_on_market_competitiveness_of_staff_packagesTalent management and organizational effectiveness are high on the agenda this year for Middle Eastern companies, according to Hay Group's Business Outlook study for 2012. Wed, 08 Feb 2012 12:36:55 GMTArab News ZAWYA20120208032245Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208102351/Dubai_Chamber_NBAD_join_hands_to_support_SME_financeAs part of its latest initiative to facilitate the growth of entrepreneurship, the Dubai Chamber of Commerce and Industry signed a Memorandum of Understanding with the National Bank of Abu Dhabi (NBAD) for providing financial services to small and medium enterprises in the Emirate. Wed, 08 Feb 2012 11:03:10 GMTPress Release ZAWYA20120208102351Openhttp://www.zawya.com/story.cfm/sidANA20120208T103503ZHOF66/Turkey_plans_international_conference_on_Syria_ministerTurkey plans an international conference "as soon as possible" with regional players and world powers to solve the Syrian crisis, its foreign minister said on Wednesday.Wed, 08 Feb 2012 11:01:04 GMTAFP ANA20120208T103503ZHOF66Openhttp://www.zawya.com/story.cfm/sidANA20120208T092448ZHNX15/Kadhafi_diehards_might_attack_on_revolution_day_armyDiehard supporters of slain Moamer Kadhafi might carry out attacks on February 17, the anniversary of the uprising against the former Libyan strongman, Libya's army chief said on Wednesday.Wed, 08 Feb 2012 10:49:13 GMTAFP ANA20120208T092448ZHNX15Openhttp://www.zawya.com/story.cfm/sidZAWYA20120208090435/Dubai_Department_of_Economic_Development_issues_14360_licences_in_2011Key economic sectors and economic activity in Dubai remained stable and growing in 2011, with the Department of Economic Development (DED) issuing 14,360 business licenses during the year. Wed, 08 Feb 2012 10:48:21 GMTPress Release ZAWYA20120208090435Openhttp://www.zawya.com/story.cfm/sidANA20120208T090216ZHNU78/Recalling_envoys_does_not_help_Arab_League_plan_LavrovRussian Foreign Minister Sergei Lavrov, who returned from talks with Syrian President Bashar al-Assad, said Wednesday that recalling envoys from Damascus did not help promote the Arab League's plan.Wed, 08 Feb 2012 10:47:53 GMTAFP ANA20120208T090216ZHNU78Openhttp://www.zawya.com/story.cfm/sidANA20120208T085252ZHNT63/Strike_talk_keeps_Israels_Iran_options_openIsrael is pursuing a studied ambiguity on whether it will attack Iran, keeping its options open on how to rein in Tehran's alleged nuclear weapons ambitions, Israeli experts say.Wed, 08 Feb 2012 10:46:51 GMTAFP ANA20120208T085252ZHNT63Open