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Obama Struggling Over Whether To Intervene In Syria

U.S. President: “In a situation like Syria, I have to ask: can we make a difference?”

Bahrain’s Investcorp sells CCC Information Services

Investcorp sold the insurance industry software provider to US-headquartered Leonard Green & Partners.

Obama Meets New Saudi Minister At White House

The President of the United States met with Prince Mohammed bin Nayef to discuss security issues.

Morgan Stanley To Trim Dubai Staff Amid Global Cuts

The bank plans to slash 1,600 jobs globally to reduce costs.

Abu Dhabi’s TAQA Buys 50% Interest In US Wind Power Project

The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.

US Fiscal Cliff Avoided: President Obama Hails Deal

The Senate-backed deal was passed late on Tuesday in the House of Representatives.

US Senate Approves Deal To Avert Fiscal Cliff Crisis

The agreement is now pending a vote in the House of Representatives.

Oil Jumps To 9-Week High On US Fiscal Talks

President Barack Obama plans to hold budget talks on Thursday aimed at averting the so-called fiscal cliff.

EXCLUSIVE: Interview With Jeff Immelt, GE Global CEO

Jeff Immelt, global boss of GE, opens up to Aarti Nagraj about ramping up regional spend, the challenge of leading 300,000 people and whether he sleeps at night.

Oil Rises On U.S. Fiscal Cliff Optimism

As the White House edges closer to a resolution, investors pour cash into oil and equities.

US Explores Ways To Boost Middle East Trade

The under-secretary for international trade says businesses in the States are thinking globally.

HSBC Slapped With $1.9 Billion Fine

HSBC Holdings will pay the biggest fine in banking history after violating US rules aimed at preventing money laundering.

Egypt’s President To Visit United States In 2013

The trip will be Mohamed Mursi’s first visit to the U.S. since he was elected to power in June.

Dubai’s DAE Cancels Order For 5 Boeing 747-8 Freighters

Dubai Aerospace Enterprise had earlier ordered 10 747-8 planes and also has orders for seven 777 freighters.

US Investigation Into Saudi Banking Licenses

The US Department of Justice is investigating if the alleged Barclays’ bribes were replicated at other banks.

Samsung, Apple Continue Billion Dollar Legal Dispute

Samsung says the jury foreman’s past dispute with one of its companies may have influenced the August verdict.

“Fiscal Cliff” Talks Stalled But Progress Possible

US on course to slash budget deficit nearly in half next year, as serious negotiations to begin this week.

U.S. Aircraft Carrier Gulf Presence Reduced

For the first time in two years the States will only have one carrier in the region.

Hillary Clinton Flies To Middle East For Gaza Talks

The US Secretary of State has been sent to the region by President Obama to try to halt the crisis.

Apple To Pay Samsung’s Court Fees After Poor Apology

A UK judge orders the Californian giant to cover its rivals costs after it fails to obey court order.

US To Overtake Saudi As Top Oil Producer – IEA

Forecasts suggest the States will achieve self-sufficiency in oil and gas and become an exporter by 2030.

Qatar Holding Invests In The Chernin Group

Qatar’s investment vehicle puts a rumoured $100 million into the Peter Chernin-owned media company.

Oil Down 4% As Fiscal Cliff Looms After US Vote

President Obama winning a second term in office has seen oil price drop after previous 3 per cent gains when Romney was favourite.

Obama Win Keeps Peace In The Middle East

The US President’s re-election will help abate worries of war in the Middle East, say political experts.

Expert – Romney Win Would Have Been ‘Catastrophic’

Barack Obama’s win will give global and regional markets a confidence boost.

Egypt Hopes Obama Will Work For Both Nations’ Interests

Egypt’s presidency said it hoped Obama would work for American and Egyptian people.

Obama’s Victory Speech After Winning US Election

Barack Obama has made his victory speech to the world from his campaign base camp in Chicago.

Romney Concedes Defeat In Speech

Mitt Romney says he ‘gave his all’ in the US election campaign.

Obama Re-Elected As US President

Barack Obama has won the election race, defeating Mitt Romney to a second term in the White House.

Final Countdown: US To Decide President In Landmark Election

While both the candidates are neck to neck, polls suggest that US president Barack Obama has a slight edge over Republican Mitt Romney.