UAE gold sales down 10 pct in Oct: retailers
DUBAI: Retail gold sales volumes in Dubai and Abu Dhabi fell by around 10 percent on the year in October as high gold prices deterred consumers despite the Indian festive…
Ports operator DP World updates bond prospectus
DUBAI: Dubai-based global ports operator DP World, a unit of conglomerate Dubai World filed an updated prospectus for a $5 billion bond program, raising the possibility of an issue in…
Gulf Arab customs union in final stages: UAE
DUBAI: Gulf Arab oil producing countries are in the final stages of reaching a deal on how to distribute revenues from customs duties, a senior official at the United Arab…
US deploys Predator drones in Yemen: report
WASHINGTON: The administration of President Barack Obama has deployed unmanned Predator drones in Yemen to hunt for Al-Qaeda operatives who are becoming increasingly active in that Arab country, The Washington…
Israeli police flatten mosque, say built illegally
RAHAT: Israeli police say they demolished an illegally built mosque in the southern Bedouin city of Rahat, touching off rock-throwing protests by residents. Police spokesman Micky Rosenfeld said…
Professors say ‘thugs’ assaulted them on campus; administration says ‘concerned students’
CAIRO: University professors have alleged that the administration of Ain Shams University allowed “thugs” to assault students and prevent professors from handing out leaflets on campus. On Thursday a delegation…
Gunmen torch NATO supply vehicles in Pakistan
QUETTA: Gunmen in Pakistan on Sunday set ablaze four vehicles carrying supplies for NATO troops in Afghanistan, officials said. Two vehicles were attacked in the town of Mungochar, in Qalat…
Beirut unity government paralyzed a year after formation
BEIRUT: A year after its hard-won formation, Lebanon's unity government has achieved little and could fall due to a political crisis over a UN-backed probe into ex-premier Rafiq Hariri's murder,…
Disputed Sudan town faces new fears as it rises from ashes
ABYEI: The Sudanese town of Abyei on the faultline between north and south is slowing reemerging from the ashes of its destruction two years ago but aid groups are bracing…
German foreign minister heads to Israel, Gaza
BERLIN: German Foreign Minister Guido Westerwelle embarked on a two-day trip to Israel and the Gaza Strip Sunday aimed at promoting a new start to peace talks and monitoring…
