Clinton warns Hezbollah it can’t stop UN tribunal
BEIRUT : US Secretary of State Hillary Rodhman Clinton warned Hezbollah against resorting to violence, saying the militant group cannot stop a UN court investigating the assassination of a former…
British aid workers held captive on Gaza aid ship
LONDON: Seven British aid workers are among a group being held in the Libyan sea on board a boat due to deliver aid to Gaza, a Foreign Office spokesman confirmed…
World leaders applaud Iraq’s power-sharing deal
SEOUL/ LONDON: US President Barack Obama on Friday hailed a "milestone" in Iraq after rival factions reached a power-sharing deal following months of fraught negotiations and deadlock. Obama, speaking at…
Iran to cooperate with Nigeria on illegal arms probe
ABUJA: Iran has promised cooperation in a probe of an illegal arms shipment discovered in Lagos and sent from Iran, Nigeria's foreign minister said Friday after meeting his Iranian counterpart.…
‘Deathly Hallows’ will leave fans eager for finale
By David Germain and Hilary Fox / AP The minister of magic proclaims that dark times have arisen in the opening moments of the new "Harry Potter" film — and the…
Egyptians struggle to find affordable homes
CAIRO: On the outskirts of Cairo, across the street from gated compounds where residents play golf on an 18-hole course, plush apartments sit vacant without buyers. As their luxury fittings…
HSBC, MasterCard, launch commercial card programs in Egypt
CAIRO: HSBC, in collaboration with MasterCard, has launched two new card programs especially tailored to meet the needs of Small and Medium Enterprises, (SMEs) as well as, mid-size and…
Lebanon dual-tranche bond oversubscribed: source
Lebanon's dual-tranche Eurobond, placed earlier this week, was significantly oversubscribed with the $225 million tranche receiving bids four times the size of the issue, a banking source told Reuters on…
Iraq buys wheat from US, Australia and Ukraine
Iraq's state grain board has bought 250,000 tons of wheat from the United States, Australia and Ukraine in its latest purchase tender, European traders said on Friday. The purchase involved…
Sewedy Electric Q3 net seen up to $39.6 million
Egyptian group El Sewedy Electric was seen posting a 26.5 percent rise in third-quarter net profit to LE 228 million ($40 million), as demand for power generation in the Middle…
