Qatar April prices rise 0.3 pct m/m, food, transport up
DOHA: Qatar consumer prices rose 0.3 percent month-on-month in April, the third consecutive monthly increase and driven by rising food and transport prices and a slight recovery in housing costs,…
UAE Crescent, Russia Rosneft team up for energy JVs
DUBAI: The UAE's Crescent Petroleum has teamed up with Russia's state-run oil producer Rosneft to purse oil and gas deals in the Middle East and North Africa, Crescent said in…
Dubai Nakheel optimistic on final creditor deal
DUBAI: Dubai World property unit Nakheel on Tuesday said it remains "optimistic" of reaching a final settlement with trade creditors. The builder of palm-shaped islands off Dubai said in a…
Toyota to recall 11,500 Lexus vehicles
TOKYO: Toyota said Wednesday it would recall 11,500 Lexus vehicles worldwide because of a steering system defect, in the latest blow to the Japanese auto giant's reputation. Toyota said it…
Zambia's last DR Congo refugees fear return home
MWANGE REFUGEE CAMP: Ten years after fleeing war in the Democratic Republic of Congo, Muzungu Makoi says he is still haunted by memories of massacres and refuses to leave his…
Nigeria's Sambo, an architect drawn into politics
ABUJA: Namadi Sambo, confirmed by Nigerian lawmakers on Tuesday as the oil-rich country's vice president, is an architect by training whose reputation for humility and hard work has followed him…
Miss USA courts controversy with pole-dancing, Muslim faith
CHICAGO: The controversy began as soon as the glittery diamond tiara was lowered on Rima Fakih's dark tresses. Is she the first Muslim Miss USA? Will she be able to…
Detained militant in Iraq details World Cup plot
BAGHDAD: An alleged Al-Qaeda militant detained in Iraq said Tuesday he had talked to friends about attacking Danish and Dutch teams at the World Cup in South Africa next month…
Malaysia urges Muslim nations to promote Islamic finance
KUALA LUMPUR: Malaysia Wednesday urged Muslim countries to lead the way in advocating the Islamic finance sector, saying it expects the "positive trends" for the burgeoning industry to continue. Malaysia…
FIFA bans Egypt for 2 World Cup matches
FIFA has banned Egypt from playing in Cairo for two World Cup qualifiers after fans attacked Algeria's team before a match. FIFA ruled Tuesday that Egypt must stage…