Oman c.bank sees pressure on currency if CPI rises
DUBAI: Oman's central bank may continue pursuing an accommodative monetary policy for an extended period and expects a pressure on the currency if inflation differential to the United States widened…
Bahrain has no plans to float stock market, says paper
MANAMA: Bahrain does not plan to sell shares in the Bahrain Stock Exchange that is currently being converted into a commercial company, the country's central bank governor said in remarks…
Oil falls below $75 on China demand doubts
LONDON: Oil fell below $75 a barrel on Thursday, beginning the second half of the year on a weak note after falling nearly 5 percent in the first half, as…
Bombs and gunmen kill three Iraqi civilians
BAGHDAD: Roadside bombs in Baghdad Thursday killed two civilians and wounded 12 people, including three soldiers and a militiaman, while a goldsmith was shot dead south of the capital, Iraqi…
Islamist attack in Algeria worst in a year
ALGIERS: Al Qaeda-linked militants have claimed responsibility for killing 11 Algerian paramilitary police in the oil-rich state's deadliest attack in a year. The dawn ambush on Wednesday near the border…
Turkey, Israel hold secret talks to repair ties
ANKARA: Turkey and Israel held secret talks to seek a way out of a deep crisis in bilateral ties since a deadly raid on Gaza-bound aid ships, officials said Thursday.…
Syria detains 400 Kurdish rebels in raids, says agency
ISTANBUL: Syrian security forces detained 400 people in five cities in Syria in an operation against the Kurdistan Workers Party (PKK) separatist guerrilla group, Turkey's state news agency Anatolian said…
Egypt hopes to end losing streak against USA in volleyball World League
CAIRO: Egypt will be looking for their second victory in volleyball's World League when they host North American powerhouse, USA, Friday and Saturday in Cairo Stadium after seven consecutive losses.…
Sudan opposition leader ‘did not expect to be arrested’
KHARTOUM: Islamist Sudanese opposition leader Hassan Al-Turabi, who has been released from jail, said late Wednesday he was arrested "without cause" in a crackdown by authorities in May. "I did…
Religious intolerance is the new racism, says NGO
LONDON: Religious intolerance is "the new racism" and one of the main causes of persecution of minorities across the world, according to the annual Minority Rights Group International report published…