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Bahrain's GFH agrees $110 mln sukuk restructuring
Sun, 20 May 2012 07:31:00 -0400

DUBAI, May 20 (Reuters) - Bahrain-based Islamic investment bank Gulf Finance House (GFH) has obtained approval to restructure a $110 million Islamic bond, extending repayment for six years, the...

UAE to settle citizens' defaulted loans, up to $1.4 mln
Sun, 20 May 2012 07:21:42 -0400

DUBAI, May 20 (Reuters) - The United Arab Emirates will settle defaulted loans owed by its by citizens, up to 5 million dirhams ($1.36 million) each, state news agency WAM said on Thursday, in the...

Swiss investigate Syrians, Libyans over money-laundering
Sun, 20 May 2012 06:55:43 -0400

* Swiss probe money-laundering reports linked to Libya, Syria

UPDATE 6-Strong quake hits N.Italy,at least four dead
Sun, 20 May 2012 05:52:36 -0400

* Castle, churches, other cultural sites damaged (Updates death toll, adds fresh quotes, cathedral roof collapse)

Far East buyers beware in London property rush
Sun, 20 May 2012 04:35:33 -0400

LONDON, May 20 (Reuters) - When Hong Kong businessman Mr. He paid a 35,000 pound ($56,000) deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his...

Jordan approves austerity moves to reduce deficit
Sun, 20 May 2012 04:21:03 -0400

* Fiscal consolidation essential to rein in budget deficit

RPT-DIFC Investments has not yet sold SmartStream - Shaibani
Sun, 20 May 2012 03:14:55 -0400

(Repeats to additional subscribers with no change to text)

UPDATE 3-Season's 1st Atlantic tropical storm forms off S.Carolina
Sun, 20 May 2012 00:05:30 -0400

MIAMI, May 19 (Reuters) - Tropical Storm Alberto formed off the South Carolina coast on Saturday, bringing an early start to the Atlantic hurricane season, forecasters at the U.S. National Hurricane...

UPDATE 2-Magnitude 5.9 quake strikes near Bologna, Italy
Sat, 19 May 2012 23:55:34 -0400

BOLOGNA, Italy, May 20 (Reuters) - A 5.9-magnitude earthquake struck near Bologna, Italy, on Sunday, according to the U.S. Geological Survey, and initial reports indicated some damage.

UPDATE 2-Season's 1st Atlantic tropical storm forms off S.Carolina
Sat, 19 May 2012 19:40:40 -0400

MIAMI, May 19 (Reuters) - Tropical Storm Alberto formed off the South Carolina coast on Saturday, bringing an early start to the Atlantic hurricane season, forecasters at the U.S. National Hurricane...