Kuwait’s Burgan Bank raises $400 mln from bond sale
KUWAIT: Kuwait's Burgan Bank raised $400 million in a 10-year bond sale on Thursday, at a coupon rate of 7.875 percent. The dollar-denominated bond sale attracted a final book size…
Qatar Aviation to reprice $650 mln loan-bankers
LONDON: Qatar Aviation Leasing, owned by the Qatar government, has launched syndication of a $650 million loan agreed earlier this year in order to reduce the pricing, banking sources close…
Dubai’s Nakheel sees restructuring done by year end
DUBAI: Dubai state-owned property developer Nakheel expects to complete its debt restructuring by the end of the year. "We have had a successful bank meeting and we are having very…
Utility company near L.A. finds fossil trove up to 1.4M years old
RIVERSIDE: A utility company preparing to build a new substation in an arid canyon southeast of Los Angeles has stumbled on a trove of animal fossils dating back 1.4 million…
Egypt’s PM says to reallocate Madinaty land to TMG
CAIRO: Egypt's Prime Minister said on Thursday the government would reallocate the land for Talaat Moustafa's Madinaty project back to the firm after a court ruled the state land sale…
Genetically altered salmon? It doesn’t stop there
WASHINGTON – We've always played with our food — even before we knew about genes or how to change them. For thousands of years, humans have practiced selective breeding —…
Review: Newest iPods get it right, as expected
SAN FRANCISCO – By now, Apple's introduction of new iPods each fall is about as surprising as kids going back to school. And, as usual, many of the changes CEO…
Twitter hack opens popups, causes havoc
NEW YORK: A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem, as mysterious "tweets" of blocked-out text…
Saudi Bachelors Pay to Get Into Women-Only Malls
You’re a young guy with a few hours to waste. The sun is boiling. The tummy is starting to rumble and there in the distance, as if the higher forces…
Virginia to execute first woman in nearly 100 years
WASHINGTON: The US state of Virginia was Thursday set to execute its first woman in almost 100 years after the Supreme Court earlier this week refused to grant a last-minute…
