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Nationwide cuts costs for cash-rich buyersNATIONWIDE is to buck the mortgage market trend today by cutting the cost of more than 40 fixed rate and tracker products.
Scotsman Tuesday, August 04, 2009Egypt deficit beats forecasts
Egypt has posted a budget deficit of 6.9% of gross domestic product in the fiscal year through to June, less than the government's forecast, and announced that it plans to more than halve the shortfall by 2015, Bloomberg has reported. The government beat its forecast of 8% as revenue rose 24%, boosted by strong tax returns, the country's finance ministry has said. ?Tax revenue wasn't hit because it relied on the profits of 2008,? investment bank EFG-Hermes Holding SAE said. ?The impact of the crisis will begin to show in 2009 and 2010.? [AMEInfo.com]
AME Tuesday, August 04, 2009Tax Issues to Keep in Mind When You Get Married
Getting married is a glorious event, certainly one of the most important in your life. That being said, the sheer joy involved can easily result in missing out on some practical issues that can pop up. This includes remembering to handle some administrative things with your taxes.
E-Zine Tuesday, August 04, 2009Be Aware of Changes in the Tax Law For 2009
Earlier this year, Congress passed and President Barack Obama signed the American Recovery and Reinvestment Act of 2009. Included in this law were a number of provisions that affect income taxes for the year 2009, some of which might affect you or your family.
E-Zine Tuesday, August 04, 2009Bahrain's Ahli United Bank slightly higher despite lower half-year profit
The Bahrain All Share Index added 12.49 points and finished at 1,493.55 points (up 0.84%). Shares of Ahli United Bank (AUB) closed 1.08% higher at $0.47. AUB reported a net profit of $143.5m for the six months ending 30 June 2009 (H1 2008: $211.7m). The bank says that due to its 'proactive and disciplined approach towards process streamlining and cost management' it reduced total operating expenses by 21.7% to $116.8m, down from $149.2m for the same period of 2008. Bahrain Islamic Bank posted the largest retreat, closing 0.97% lower at BD0.204. [AMEInfo.com]
AME Tuesday, August 04, 2009Qatar bourse advances on higher volumes
The Qatar Exchange (QE) closed at 6,903.43 points (up 1.71%). The number of shares changing hands more than doubled compared to yesterday and reached 21.62m. Real estate shares in particular were in demand. Barwa Real Estate gained 6.73%, ending at QR34.30. Just four shares lost value, among them General Insurance (off 2.50%) which ended at QR54. [AMEInfo.com]
AME Tuesday, August 04, 2009Brilliant Tax Strategies For 2009
Utilizing the right tax strategies can SAVE YOU MONEY! This article is a must real for all!
E-Zine Tuesday, August 04, 2009Tough People Are Like Taxes - They Aren't Going to Yield to Anything
There sure has been a lot of political discussion about taxes in the United States ever since President Barack Obama was elected, and indeed there is a good reason for it too. You see, when a president has high approval ratings, a lot of power and his political party controls both houses, they can push through just about anything, so when the president has stated that he wants universal health care, or rather health insurance for everybody, anyone that knows anything about public policy, taxation and government knows those are code words for increased taxes. Now the president has ...
E-Zine Tuesday, August 04, 2009General Tax Topic - Taxes and the Dwindling Middle Class
There have been quite a few promises made by politicians recently about how the government is going to pay for all the money they have been spending. A lot of the talk has centered around the income earnings levels of $250,000 or more; in that president Barack Obama and many of the members Congress have said that those that make below $250,000 annual per household will not be taxed to pay for everything that the government is planning and has promised. However, as good as this sounds that promise cannot hold forever, and they are already planning to tax ...
E-Zine Tuesday, August 04, 2009Saudi shares heading slightly south
The Riyadh-based Tadawul market lost 0.67%, closing at 5,779.33 points on low trading volumes. Sabic shares are still fighting with the SR70-level, ending today 2.79% lower at SR69.75. All Tadawul segments retreated with the exception of the transport index. Newly listed Saudi Steel Pipe Company (SSP) jumped 40% on its debut today and closed eventually at SR33.50. SSP shares were issued at SR25. [AMEInfo.com]
AME Tuesday, August 04, 20091 2
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