Taylor Swift named BMI songwriter of the year
Taylor Swift was named country songwriter of the year at the BMI Awards on Tuesday night, becoming the youngest person to win the award at age 20. The pop sensation…
One on one with ADFF director Peter Scarlet: Part 1
For as long as I can remember, the name Peter Scarlet has been associated with Arab and Egyptian cinema. Scarlet, who has previously held positions in the Cinémathèque Française and…
UAE economy seen growing 2.25 pct in 2010, says Energy Min
DUBAI: The United Arab Emirates economy is expected to grow by 2.25 percent this year, Arabic daily Al Bayan quoted the Gulf oil producer's energy minister as saying. Mohammed bin…
Abu Dhabi’s IPIC prices $2.5 bln bond
DUBAI: Abu Dhabi-owned International Petroleum Investment Co (IPIC) priced a dual-tranche dollar bond on Tuesday, the first from a fully government-controlled entity of the emirate this year and the latest…
Kharafi says Etisalat bid Zain stake is serious
KUWAIT: A major shareholder of Kuwait's Zain defended Etisalat's $12 billion offer to buy 46 percent of the telecoms carrier, questioning why another big Zain stakeholder pulled out of the…
Dana Gas Q3 profit $8.9 mln as costs fall
DUBAI: UAE's Dana Gas returned to profit during the third quarter due to lower costs and increased production, but the results fell short of analysts' estimates. Dana reported a net…
Abu Dhabi’s TAQA beats forecasts with rise in Q3 profit
ABU DHABI: Abu Dhabi National Energy Co. (TAQA) reported a sharp rise in third-quarter profit on higher prices for oil and gas, beating analysts' expectations. TAQA, which is 75 percent-owned…
Dubai’s Drake outstanding receivables at $245 mln, saysCFO
DUBAI: Dubai Contractor Drake & Scull International (DSI) has 900 million dirhams ($245 million) of total outstanding receivables, less than a quarter in Dubai, its chief financial officer said on…
In Jerusalem settlement suburb, Israelis reject global stir
JERUSALEM: The approval of more than 1,000 new homes in Har Homa, a settlement suburb in occupied east Jerusalem, has prompted a wave of international condemnation, but residents here can't…
Alternative to Abyei referendum in Sudan may be option, says US
WASHINGTON: United States suggested for the first time Tuesday that it might not be possible to organize a referendum January 9 in the Sudanese region of Abyei, and suggested north…
