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2 killed as Saudi forces try to arrest wanted manTwo men were shot dead and two others wounded on Wednesday when Saudi security forces stormed a house to arrest a wanted man in Awamiya village in the troubled Qatif area. The authorities were trying to arrest one More… |
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Hiring slows, spells trouble for ObamaEmployers cut back on hiring in April and more people stopped looking for work, troubling signs for President Barack Obama whose re-election prospects could hinge on his handling of the economy. Employers added 115,000 workers to payrolls More… |
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It's a respite for Dubai, nothing more: analystsAbu Dhabi's eleventh-hour bailout of neighbour Dubai will reassure investors in the short term, but with $35 billion of debts looming and little clarity on how it will pay, Dubai's troubles are far from over. A shock announcement b More… |
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Dubai construction sector 'in big trouble'The construction industry in Dubai has no chance of recovery in 2010 and the emirate's real estate operators too were likely to face difficulties over the coming months, said an industry expert. Those construction companies which are s More… |
