Banks in Saudi Arabia struggle to find talent
RIYADH: Foreign banks are flocking to Saudi Arabia as the emirate opens up its bourse and rolls out the world's biggest stimulus package but they face challenges recruiting, training and…
Orascom Telecom says can contest Algeria tax claim
The Algerian government's $230 million back-tax claim against Egypt's Orascom Telecom is not final until the company is given a chance to challenge it, the firm said in a statement…
Gulf Arab firms upbeat but cautious on Iraq
DUBAI: Gulf Arab companies see growing opportunities in Iraq that should not be missed, as the war-torn nation struggles to recover from years of bloodshed, but they retain a degree…
Blazing Canadian ‘fires’ extinguished by frosty Russian ‘souls’ in Abu Dhabi
The early days of the sixth Abu Dhabi Film Festival have been hampered by several glitches: schedule overlapping, delayed screenings and disproportionate attendance (a bizarre, ongoing trend). The quality of…
Egypt eyes new stimulus package: agency
CAIRO: The Egyptian government may propose a new stimulus package to boost domestic demand should global economic developments slow growth at home, the official news agency quoted a minister as…
Obama drops India temple visit over headscarf fear: sources
NEW DELHI: US President Barack Obama has cancelled a visit to a Sikh temple in India, sources said Wednesday, over apparent concerns that photos of him with his head covered…
Amnesty accuses Egypt of crackdown before election
CAIRO: Amnesty International accused Egypt on Tuesday of arresting dozens of Muslim Brotherhood members to disrupt the opposition group's elections campaign ahead of a parliamentary vote in November. Police have…
Saudi prince jailed for life for servant’s murder in London
LONDON: A Saudi prince, the grandson of King Abdullah, was jailed for life by a British court Wednesday for murdering his male servant in a brutal attack at a London…
Elders urge ‘more energetic’ Mideast peace push
DAMASCUS: The Elders group of retired world figures called on Tuesday for a "more energetic" drive for Middle East peace, warning that the major powers appeared to be more interested…
Iran to open spy trial of US hikers on November 6, says lawyer
TEHRAN: Iran will begin trying three American hikers on espionage charges on November 6, their lawyer told AFP on Wednesday, as US Secretary of State Hillary Clinton said there was…