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AT&T Inc on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans. Like other carriers, AT&T is seeking growth in a nearly saturated environment, making strategies such as alternate pricing plans more crucial to attract customers.

US aerospace and defence giant Boeing raised its 2014 profit outlook Wednesday despite a first-quarter profit slide, citing strong demand for its new jetliners. A sharp rise in pension costs from a change in retirement plans offset Boeing's robust commercial aircraft deliveries as airlines seek to renew ageing fleets with more fuel-efficient jetliners.
Dubai's Emaar Properties said Tuesday its net profit soared 55 percent in the first quarter on a yearly basis, thanks to surging real estate sales and rising retail revenues. The builder of the world's largest tower, the Burj Khalifa, said net profit in the first three months of 2014 reached 863 million dirhams ($235 million), as revenues rose seven percent to $614 million.
Fast-food chain McDonald's said Tuesday its first-quarter profit dropped 5.2 percent amid declining sales in its key US home market, and vowed to boost global sales. Profit for the first three months of the year was $1.20 billion compared with $1.27 billion in the year-ago period. Diluted earnings per share of $1.26 were down 4.0 percent from a year ago and came in three cents shy of Wall Street expectations. Revenues rose 1.4 percent to $6.70 billion, slightly below estimates.
General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in healthcare and transportation. GE, which is increasingly focusing on its traditional manufacturing businesses over its finance unit, posted an 8 percent increase in industrial revenue, even as overall company revenue fell slightly short of Wall Street's target.
US newspapers suffered further revenue declines in 2013, seeing only mixed success in a transition to digital, according to industry figures. Total newspaper industry revenue amounted to $37.59 billion in 2013, a 2.6 percent drop from $38.60 billion in 2012, according to a report released Friday by the Newspaper Association of America.
Kuwaiti telecom giant Zain said Monday its net profit rose 7.5 percent on year in the first quarter of 2014, mainly on the back of returns from new technology investments. Zain announced a net profit of 55.9 million dinars ($198.9 million) in the first three months of the year compared with 52 million dinars in the same period of 2013.

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln