Lafarge Jordan Cement H1 net profits falls 73 pct
AMMAN: Lafarge Cement Jordan, the country's leading cement producer, posted a 73 percent fall in first-half net profit to 9.4 million dinars ($13.3 mln) on Tuesday, on weaker domestic sales.…
Metro to operate until 2.15 am in Ramadan
CAIRO: The Ministry of Transportation has decided to extend the operating hours of Cairo’s underground metro to 2.15 am during the holy month of Ramadan, instead of the usual…
Iran oil minister heads to China seeking new investment
TEHRAN: Iranian Oil Minister Massoud Mirkazemi heads to China on Wednesday seeking new investments in the country's energy sector, including funding for new refineries, a report said on Tuesday. The…
Kuwait asks BlackBerry maker to block porn, newspaper
KUWAIT: Kuwait has asked BlackBerry maker Research in Motion (RIM) to block pornographic sites though will not suspend services like other Gulf States have threatened to do, a local newspaper…
Amnesty International calls for action against Aswan families’ eviction
CAIRO: Human rights organization Amnesty International called last week for urgent action by the international community concerning the situation of 1,500 families in Aswan threatened by forced eviction from the…
UAE’s July gold sales up 10 pct on lower price-trade
DUBAI: Retail gold demand volumes in Dubai and Abu Dhabi were up around 10 percent in July on the year as gold prices dipped and consumers had more disposable income…
Kuwait may consider buying BP assets-oil min
MOSCOW: State-run Kuwait Petroleum International may be interested in buying some of BP's assets, the country's oil minister told journalists in Moscow on Tuesday, after meeting with Russia's Energy Minister.…
Egypt mediates Sudanese unity talks
CAIRO: Egypt mediated talks in Cairo Monday between the Sudanese ruling National Congress Party (NCP) and the southern Sudan People’s Liberation Movement (SPLM) to discuss issues pertaining to the January…
Dutch become 1st NATO member to quit Afghanistan
KABUL: The Netherlands became the first NATO country to end its combat mission in Afghanistan, drawing the curtain on a four-year operation that was deeply unpopular at home and even…
Insurgents attack NATO’s main southern Afghan base
KABUL: NATO officials say insurgents launched a ground attack on the military coalition's largest base in the south, but did not breach the base's defenses. A NATO spokesman at Kandahar…