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In front of Custodian of the Two Holy Mosques: princes, ministers, governors of regions, and Assistant Speaker of Majlis Al-Shura swear an oath 2 Riyadh They included Prince Mansour bin Miteb...

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Washington, Jumada I 3, 1434, Mar 15, 2013, SPA -- U.S. stocks closed down Friday, as the Dow ended modestly lower following a surprise drop in a measure of consumer confidence.
In U.S. economic news, the Thomson Reuters/University of Michigan index of consumer sentiment for March unexpectedly fell, raising worries about the impact of higher income tax rates on household spending. The Bureau of Labor Statistics said the consumer price index (CPI) rose 0.7 percent last month, driven mainly by a spike in energy prices. CPI was expected to have risen 0.5 percent, according to a Briefing.com consensus, but the annual inflation rate is still just 2 percent, within the range that the Federal Reserve (Fed) finds to be comfortable. Also, industrial production rose more than expected in February, after being flat in the prior month, according to the Fed.
In international economic news, European Union officials agreed to give Portugal more time to meet targets for reducing its debt. Japanese Parliament confirmed the appointment of Haruhiko Kuroda as Bank of Japan governor, raising expectations of swift monetary easing.
In corporate news, Bank of America shares rose after it announced plans to repurchase $10.5 billion of common stock and preferred shares. Wells Fargo said it would increase its quarterly dividend payment to 30 cents per share, starting in the second quarter. J.P. Morgan and Goldman Sachs both dipped after the Fed approved their capital plans, but with conditions attached. Shares of BB&T, one of only two banks to have its capital plans rejected, also fell.
The dollar weakened against the euro, the pound, and the yen. Light sweet crude oil for April delivery gained 42 cents to $93.45 a barrel on the New York Mercantile Exchange. Gold futures moved up $1.90 to $1,592.60 an ounce.
The Dow Jones industrial average dropped 25.03, or 0.17 percent, to 14,514.11. The broader Standard & Poor’s 500 index lost 2.53, or 0.16 percent, to 1,560.70. The technology-heavy Nasdaq composite index fell 9.86, or 0.30 percent, to 3,249.07.

--SPA
23:34 LOCAL TIME 20:34 GMT
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 Royal Decrees  The Cabinet
In front of Custodian of the Two Holy Mosques: princes, ministers, governors of regions, and Assistant Speaker of Majlis Al-Shura swear an oath 2 Riyadh They included Prince Mansour bin Miteb bin Abdulaziz, Minister of State, Cabinet's Member and Advisor to the Custodian of the Two Holy...
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The princes and ministers who swore the oath shook hands with the Custodian of the Two Holy Mosques. Then, the princes, who were appointed by Royal Orders as Governors of Makkah, Riyadh and Qassim Regions, swore the oath. They included Prince Khalid Al-Faisal bin Abdulaziz, Advisor of the...
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They included Prince Mansour bin Miteb bin Abdulaziz, Minister of State, Cabinet's Member and Advisor to the Custodian of the Two Holy Mosques; Prince Miteb bin Abdullah bin Abdulaziz, Minister of National Guard; Prince Mohammed bin Salman bin Abdulaziz, Minister of Defense; Minister of Islamic...
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Riyadh, Rabi'II 12, 1436, February 01, 2015, SPA -- In front of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and in presence of the Crown Prince and the Deputy Crown Prince; princes, ministers Cabinet's members, governors of regions, and assistant speaker of Majlis...
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Islamabad, Rabi'II 12, 1436, February 01, 2015, SPA -- Saudi Acting Charge D'affaires to the Islamic Republic of Pakistan and Minister Plenipotentiary Jassim bin Mohammed Al-Khalidi participated in the conference held by Pakistan Observer newspaper here yesterday on the merits of the late...
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