OT says would consider bid for Vodafone unit
CAIRO: Egyptian mobile firm Orascom Telecom would consider a bid for Vodafone's 55-percent stake in its Egyptian unit if it were put up for sale, Orascom's executive chairman said. Egypt's…
Antiquities council honors Islamic Archaeology scholar
CAIRO: George T. Scanlon, a pivotal figure in the excavation of Egypt’s early Islamic settlements, was honored in a Tuesday night ceremony at the Supreme Council of Antiquities (SCA) headquarters…
Sheikh says Saudi real estate as good as gold
LONDON: Self-made Saudi Arabian billionaire Sheikh Ghassan Al Nemer is on a mission to entice foreign investors back to his burgeoning domestic real estate market, which he says is just…
Kuwait Q3 crude supply allocs mixed to 3 Asia buyers
TOKYO/SINGAPORE: Kuwait has notified at least two Asian buyers they will curb crude supplies in July-September by 5 percent below contracted volumes, but will supply full term supplies for the…
Business in Libya: only the bold need apply
SIRTE, Libya: At the marina under construction so yachts can moor off Muammar Gaddafi's hometown, the floodlights are switched on even though the mid-morning sun is beating down. Lights are…
Zain to pay out big part of sale proceeds
KUWAIT: Kuwaiti mobile operator Zain will distribute a large part of its returns from a $9 billion sale of assets to India's Bharti Airtel to its shareholders, Zain Chairman Assad…
Shuttle Atlantis completes 32nd and final flight
CAPE CANAVERAL, Fla: How would you look after 120 million miles? Atlantis might appear a little scuffed up to outsiders as it heads into retirement after a quarter-century of spaceflight.…
Second Iceland volcano 'could erupt' in near future
LONDON: An Icelandic volcano neighboring Eyjafjoell, whose eruptions paralyzed Europe's skies last month, could come to life in the near future, according to experts. "An eruption in the short term…
BP launches 'top kill' to stop US oil leak
NEW ORLEANS: BP launched a complex, risky deep-sea operation to cap the Gulf of Mexico oil leak, under huge pressure to get it right this time and staunch the five-week-old…
Elton John wows fans at 'memorable' Morocco concert
British pop star Elton John performed before some 40,000 adoring fans in Morocco late Wednesday, living up to his promise of a "memorable" concert in a country whose main Islamic…