Dubai Properties says to counter-sue UK firm
DUBAI: Dubai Properties, the real estate arm of conglomerate Dubai Holding, said it will counter-sue UK firm Hopkins Architects, which is claiming damages from the termination of a contract. Hopkins…
Oil drops to $77 with equities; Storm may miss output
SINGAPORE: Oil fell as much as 1.7 percent to below $77 on Tuesday as forecasts indicated tropical storm Alex would skirt the main production region in the US Gulf of…
Iran sees no risk to gasoline imports, official says
TEHRAN: Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of Western oil companies stopping sales to…
Saudi's STC denies India telecom tower firm talks
JEDDAH: Saudi Telecom Company (STC), the Arab world's largest telecom company by market value, has denied a report it was discussing buying a stake in an Indian telecoms tower unit.…
Iraq's cabinet approves final Shell gas deal
BAGHDAD: Iraq's cabinet on Tuesday approved a deal with Royal Dutch Shell and Japan's Mitsubishi to capture gas being flared at southern oilfields, government spokesman Ali Al-Dabbagh said. Dabbagh said…
Kuwait raising oil production from north, says report
KUWAIT: Kuwait will raise production from its northern oilfields to 820,000 barrels per day (bpd) by the end of July, a senior oil official said in remarks published on Tuesday.…
Brazil beats Chile 3-0 to reach WCup quarterfinals
JOHANNESBURG: Brazil moved closer to a sixth World Cup title on Monday, beating South American rival Chile 3-0 to reach the quarterfinals. Juan, Luis Fabiano and Robinho scored a goal…
Netherlands beats Slovakia 2-1 at World Cup
DURBAN, South Africa: Arjen Robben and Wesley Sneijder scored in each half Monday to give the Netherlands a 2-1 win over Slovakia and a spot in the World Cup quarterfinals.…
Israelis, Palestinians joined by World Cup fever
GAZA CITY, Gaza Strip: In a part of the world where people often have little in common, World Cup fever has created some interesting alliances. Without their own players in…
Uruguayan 'Mr Courageous' ready to give his all
JOHANNESBURG: Uruguay may not be the most eyecatching in terms of their attacking football at the World Cup but if one player symbolises their team spirit and fighting qualities it…
