Ghad's Moussa demands LE 10 mln compensation from Ayman Nour
CAIRO: Moussa Mostafa Moussa, who claims he is the rightful head of Al-Ghad Party, is demanding LE 10 million in compensation from Ayman Nour, the party’s founder. Moussa filed a…
Gaza blockade a failure, border stays open, says Egypt official
SHARM EL-SHEIKH: An Egyptian security official declared the blockade of Gaza a failure Monday and said his country will keep its border with the Palestinian territory open indefinitely. …
Going Up in Oman
MUSCAT: A surge in crude oil production, coupled with higher oil prices, ensured that Oman's budget returned to a healthy surplus in the first quarter of 2010. The Sultanate's Ministry…
Nakheel says nears deal with big trade creditors
DUBAI: Dubai World's indebted property arm Nakheel is very close to hitting a key threshold among large trade creditors that would allow it to begin paying overdue bills, a company…
Trade in Zain halted pending Bharti deal closure
KUWAIT: Trading in the shares of Kuwaiti telecoms firm Zain will remain halted until it completes all the preparations for closing a deal to sell African assets, a newspaper reported…
Israeli sea raid kills Gaza 'commandos'
GAZA CITY: Israeli forces on Monday shot dead four Palestinian 'commandos' off Gaza as the Jewish state scrambled to cope with mounting fallout over an earlier deadly sea battle. Palestinian…
US used cluster bombs, killed civilians in Yemen, says Amnesty
LONDON: A US cruise missile carrying cluster bombs was behind a December attack in Yemen that killed 55 people, most of them civilians, Amnesty International (AI) said on Monday. The…
Iran Red Crescent to send three aid ships to Gaza
TEHRAN: The Iranian Red Crescent said on Monday that it will send three aid ships to Gaza in the latest bid to break the blockade imposed on the Palestinian territory…
Egypt boosts Swiss trade relations as euro weakens
CAIRO: Egypt is looking to mitigate the negative short-term effects of the weakening euro by diversifying its trade partners and increasing volumes with members of the European Free Trade Association,…
Australian shot in Gaza flotilla says he was left to bleed
SYDNEY: An Australian man shot when Israeli commandos stormed an aid flotilla heading for Gaza said Monday he had been left to bleed on the ship after being hit twice…
