Egypt index gains on CIB strength
CAIRO: Egypt's main index, EGX30, still tied to international markets, endED 1.8 percent higher on the back of heavyweight Commercial International Bank's (CIB) gains. CIB, seen as a defensive stock…
Egypt to rule on status of men married to Israelis
CAIRO: A court in Egypt is to rule next month on whether Egyptian men married to Israeli women are to be stripped of their citizenship, a judicial source told AFP…
Iraq's oil exports in April down 4.3 percent
BAGHDAD: An Iraqi official says oil exports have dipped in April by 4.3 percent compared to March due to continued insurgent attacks on infrastructure. Oil Ministry spokesman Assem Jihad says…
Saudi banks back to 'normal business' this year: cbank
RIYADH: Saudi banks will resume "normal business" this year after difficult conditions following the global downturn forced local lenders to increase provisions in 2009, the central bank governor said on…
IIF expects 4.4 percent Gulf economic growth in 2010
DUBAI: Growth in the oil-rich Gulf Cooperation Council states is expected to rise to 4.4 percent in 2010 and 4.7 percent in 2011, the Institute of International Finance (IFF) said…
Too soon for OPEC to act on prices: Libya
TRIPOLI: OPEC members will watch the market before deciding on any action over the drop in oil prices, Libya's top energy official told Reuters. Shokri Ghanem, the head of Libya's…
Iran awaits swift response to nuclear swap deal
TEHRAN: Iran said on Tuesday it expects a swift response from world powers on an accord to ship much of its low enriched uranium to Turkey, as UN Security Council…
Jihadist tourism in south Lebanon's 'Hezbollahland'
MAROUN EL-RASS: Ten years after Israel pulled out, south Lebanon is solidly controlled by Hezbollah which is even organizing "jihadist tours" along one of the most tense borders in the…
Palestinians go door-to-door to combat settlement goods
RAMALLAH: The Palestinians on Tuesday stepped up their fight against goods produced in Israeli settlements with a door-to-door campaign to raise awareness of a territory-wide ban. "This house-to-house campaign is…
Saudis free two German girls kidnapped in Yemen: ministry
RIYADH: Saudi security forces have freed two German girls kidnapped with their brother and parents in Yemen last year in an apparent cross-border military operation, the interior ministry said Tuesday.…
