Oil steady on China growth, Goldman note
LONDON: Oil prices steadied, with North Sea Brent crude just above $122 a barrel on Friday after data showed China's economic growth beating forecasts, despite government efforts to cool expansion…
Egypt Mobinil says will post Q1 results on April 27
CAIRO: Egyptian mobile operator Mobinil will announce its unaudited first quarter results on April 27, the company said in a statement to the stock exchange on Thursday. "(Mobinil) set Wednesday,…
Orascom Development 2010 net profit drops 11 pct
CAIRO: Real estate and hotels firm Orascom Development said on Friday its 2010 net profit after non-controlling interests declined by 11 percent year-on-year to 94.9 million Swiss francs ($105.9 million).…
World Bank, IMF lead move to help North Africa
WASHINGTON: Global finance chiefs moved to aid strife-torn North Africa Thursday as the International Monetary Fund and World Bank warned of more social unrest from high food prices and joblessness.…
IFC, Islamic Development Bank call for action on realizing Arab Youth potential
CAIRO: International Finance Corporation (IFC) and the Islamic Development Bank called for “urgent” action to tackle the unemployment crisis youth face in the Arab World. “We are ready to support…
Leaders say ‘unthinkable’ for Qaddafi to stay
TRIPOLI: The leaders of Britain, France and the United States said a Libyan future including Moamer Qaddafi is "unthinkable", as the defiant fist-pumping strongman toured the streets of Tripoli. Western…
Yemen’s Saleh calls for talks as protests escalate
SANAA: Opponents of Yemen's President Ali Abdullah Saleh stepped up a campaign to force him out on Friday, but Saleh was defiant as he addressed thousands of supporters and called…
Thousands protest against Syrian regime
DAMASCUS: Thousands of protesters massed in the restive Syrian city of Daraa after weekly Muslim prayers on Friday as a global outcry widened over a deadly crackdown on anti-regime demonstrators.…
Now that’s what I call a revolution
By Rania Al Malky CAIRO: Minutes after the confirmation late Tuesday and early Wednesday that ousted president Hosni Mubarak was remanded in custody at the Sharm El-Sheikh International Hospital and his…
The Goldstone reversal
By Aryeh Neier NEW YORK: Justice Richard Goldstone was condemned by many apologists for Israel’s human-rights record for his conclusion that Israel intentionally targeted Palestinian civilians as a matter of policy…