The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.

Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.

Al-Futtain formalizes its agreement with the Oman Tourism Development Company and the Omani National Investment Funds Company for the new mall in Muscat.

According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.

The new deadline is now at October 31 for the acquisition of Vivendi's shareholdings in Maroc Telecom by Etisalat.

In a bid to ease the pressure on its public finances, Oman is set to issue an international bond as well as a sovereign bond next year.

The escalator at Harrods would undergo a major facelift and renovation. Qatar's newly acquired luxury London department store, Harrod's, had laid out plans to undertake a multi-million renovation as part of the investment from the Gulf state in the world renowned brand.

Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.

Hugo Dixon said the Euro zone needed macroprudential and counter-cyclical fiscal policies to mitigate the results of their single monetary policy.

A source told Reuters that US Federal Reserve Vice Chair Janet Yellen was still the top choice to succeed Chairman Ben Bernanke in January.