Surging OT shares buoy Egypt index
Heavyweight Orascom Telecom (OT) surged 12 percent, its biggest rise since January 31, after it said it expects to know the outcome of talks to sell some of its African…
Israel denounces NPT 'hypocrisy' as Iran hails accord
TORONTO: Israel Saturday denounced as "hypocritical" a resolution adopted by the Non-Proliferation Treaty's 189 nations and said it would refuse to take part in a conference on a nuclear-weapons-free Middle…
Lebanese vote in final round of municipal elections
BEIRUT: North Lebanon went to the polls on Sunday for the last day of voting in municipal elections, with Prime Minister Saad Hariri's list touted to win in the Sunni…
Israeli air strike follows Gaza rocket attacks
GAZA CITY: Israeli warplanes launched a double air strike overnight on targets in the Gaza Strip after insurgents fired two rockets at the Jewish state, Palestinian and Israeli military officials…
UN chief call to reform anti-gay laws a challenge to Africa
LILONGWE: UN chief Ban Ki-moon persuaded Malawi's president to pardon a gay couple jailed for holding a wedding, but his call to reform anti-gay laws poses a challenge to most…
Saudi company studies US addiction aid for Muslims
DETROIT: Mohammed Al-Turaiki left his traditional Saudi Arabian headdress behind in favor of a blazer and sweater as he made the rounds at one of the United States' oldest addiction…
Israeli PM hoping for warmer White House welcome
TORONTO: When Israeli Prime Minister Benjamin Netanyahu arrives at the White House on Tuesday, he'll be hoping for a warmer welcome this time, indicating that the worst spat in decades…
US and Libya Ink Free Trade Agreement
Tripoli: The United States and Libya have signed a trade and investment agreement aimed at easing economic cooperation between the two countries, culminating two years of intensive diplomatic negotiations. The…
Changing Landscape in Kuwait
KUWAIT: Demand for commercial real estate took a major hit in Kuwait during the financial crisis as corporate looked to downsize operations and cut costs. As the economy rebounds and…
UAE econ growth to quicken, no major debt hit seen
DUBAI: The United Arab Emirates' economic growth is expected to accelerate to up to 3.2 percent this year and no further major restructuring of Dubai debt is seen, the Gulf…