Awlaqi charged in Yemen with incitement to kill foreigners
SANAA: Yemeni prosecutors on Tuesday accused radical cleric Anwar Al-Awlaqi of having ties with Al-Qaeda, incitement to kill foreigners and of being linked to the murderer of a French national…
Fatah and Hamas to meet in Damascus November 9
GAZA CITY: Rival Palestinian factions Fatah and Hamas will hold another meeting in Damascus on November 9 in a bid to strike a unity deal, officials from both movements said…
Grieving Christians bury dead from Iraq church killings
BAGHDAD: Grieving and fearful mourners in Baghdad were Tuesday burying dozens of Christians, including two priests, killed during a hostage drama carried out by Al-Qaeda gunmen that ended in a…
Abu Dhabi firm plans $10 bln spend to boost oil output
ABU DHABI: Abu Dhabi Marine Operating Company (ADMA-OPCO), majority-owned by Abu Dhabi's state oil firm, plans to spend at least $10 billion developing two offshore fields to boost the firm's…
Saudi’s Naimi shifts up to $70-$90 price range
SINGAPORE: Top oil exporter Saudi Arabia on Monday shifted upwards from a price it has backed for around two years, saying oil at between $70 and $90 a barrel was…
Spending in next Qatar budget to match 2010/11
DOHA: Qatari government spending in the next financial year will at least match the $32 billion budgeted for 2010/11, and the Gulf country's economic growth will accelerate next year, its…
Egyptian activist Hossam Bahgat receives HRW award
CAIRO: An Egyptian activist has been awarded the Alison Des Forges Award for Extraordinary activism by Human Rights Watch (HRW) in recognition of his work defending civil rights and personal…
BBVA bank announces big step into Turkish banking
MADRID: BBVA bank, the second-biggest Spanish bank, said on Tuesday that it had agreed to buy 24.89 percent of Turkish bank Garanti Bankasi for 5.8 billion dollars (4.2 billion euros).…
Lebanon: Balancing act on debt
By Oxford Business Group Lebanon’s government has been urged by a multilateral lender to strengthen its public finances, upgrade infrastructure and improve the business environment to sustain recent macroeconomic progress. However,…
US extends Sudan economic sanctions for a year
WASHINGTON: US President Barack Obama is extending economic sanctions on Sudan for at least one year, the White House said Monday, ahead of the country's January referendum on independence for…
