Britain, Germany, UAE airports ‘refuse fuel to Iran jets’
TEHRAN: Airports in Britain, Germany and the United Arab Emirates have refused to refuel Iranian passenger planes since Washington imposed unilateral sanctions on Tehran last week, ISNA news agency said…
Iranians on hunger strike over Swiss refugee refusal
GENEVA: Three Iranian asylum seekers have been on a hunger strike in Switzerland for over a week in protest against Bern's refusal so far to grant them refugee status, a…
UN refugee agency urges more help with growing resettlement
GENEVA: Some 172,300 refugees will need to be resettled in third countries next year, the UN refugee agency said on Monday, calling for more places for the growing number who…
18-year-old Mansoura man tortured by police, says rehab center
CAIRO: The Nadeem Center for the Rehabilitation of the Victims of Violence and Torture reported Sunday that an 18-year-old man was tortured by police officers who threw him out of…
Prices of 84 drugs reduced in second stage of health ministry plan
CAIRO: The prices of 84 originator drugs will be reduced, as part of a two-stage reduction in drug prices that began on May 1, 2010, Health Minister Hatem El-Gabaly announced…
Oil snaps 5-day losing streak, holds above $72
LONDON: Oil edged above $72 a barrel on Monday, rebounding from a three-week low, but gains were capped by concerns over slowing global economies and demand for fuel. US crude…
Bahrain’s BBK says too volatile to launch bond now
MANAMA: Bahraini retail lender BBK will not launch its planned benchmark bond issue until market conditions stabilize, its chief executive said on Monday. The bank held investors meetings in May…
Shuaa names Shihabi as brokerage unit CEO
DUBAI: Dubai-based investment bank Shuaa Capital named Walid Shihabi, a former head of research at the firm, as the brokerage division's new chief executive. Shihabi succeeds Mohammed Ali Yasin, whose…
Mideast exports unusually high Jul-Aug spot naphtha
SINGAPORE: Four major Middle East producers will export to Asia an unusually huge amount of at least 700,000 tons of spot naphtha for loading in July-August, further damping market sentiment…
Firm foundations in Oman
MUSCAT: Oman's growing industrial sector is set to benefit from a number of infrastructure projects designed to enhance capacity in the Sultanate. Significant projects are under way to improve logistics,…