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US-Qatar cultural exchange dispels fears **Al-Anwar ** Dubai Metro user numbers top 30m **Al-Anwar ** Kuwait committee quietly formulating nuclear plans **Al-Anwar ** Australian dollar soars close to US90 cents **Al-Anwar ** Qatar banks need new income to avoid dissolution **Al-Anwar ** Banks association signs agriculture loan deal **Al-Anwar ** Ministers delay decision on reducing arms in capital **Al-Anwar ** Assad voices support for resistance during Hariri’s visit **Al-Anwar ** Hamas claims West Bank shooting attack **Al-Anwar ** Berri pledges to uphold 1701 and the right of resistance **Al-Anwar ** Labor and Greens strike alliance deal Independents wont decide until next Tuesday **Al-Anwar ** Salt (M) **Al-Anwar ** Cairo Time (M) **Al-Anwar ** World’s largest clock to begin ticking in Mecca **Al-Anwar ** Booming Qatari capital’s ‘extraordinary’ growth **Al-Anwar ** Netanyahu looks beyond Turkey in rare visit to Greece **Al-Anwar ** Obama and family swim in the Gulf of Mexico **Al-Anwar ** Hariri persists with calls for calm as tribunal tensions simmer **Al-Anwar ** Army troops kill Fatah al-Islam leader and his deputy **Al-Anwar ** Parliament grants wider work rights for Palestinians Lebanese MPs pass law allowing oil exploration **Al-Anwar **

Thursday, 09 September 2010

Economy

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Economy

Australian dollar soars close to US90 cents

The Australian dollar jumped to nearly US90 cents in the New York session as investors piled into riskier assets after Ben Bernanke’s vow.The US dollar gained against the yen and Swiss franc but held steady against the euro after the Federal Reserve chairman pledged to provide more stimulus to the US economy if needed.

Qatar banks need new income to avoid dissolution

Pursuing new avenues of growth such as wealth management is critical for Qatari banks if they want to flourish in an overcrowded market and achieve a regional role that matches the country’s economic super status.

Banks association signs agriculture loan deal

The Lebanese Banks Association signed a memorandum of understanding with the Agriculture Ministry to provide investors in the agriculture sector with soft loans ranging from LL3 million ($2,000) to LL25 million to finance small and medium enterprises (SMEs) for a four-year period at low interest rates.

Adult industry taps pocket-porn market in iPhone4

It’s a maxim of technology: Invent the newest gadget and the porn industry will find a way to cash in.

Greek tourism reels from fuel shortage & strike blows

Disaster has struck Greece’s crucial tourism industry at the peak of a summer season badly needed by its recession-hit economy with a national fuel shortage compounding weeks of on-off work unrest.

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