Oil rises above $126 as recent lows prompt fresh buying; falling fuel demand still weighs
SINGAPORE: Oil extended a rebound Friday, rising above $126 a barrel after several declines over the past two weeks, although the market remains weighed down by the belief that falling…
Weekly stock review
CAIRO: The market strongly zigzagged this week, reversing trends almost on a daily basis. As several stocks fell to cheap levels over the past weeks, investors grabbed stocks they deemed…
British court denies Abu Hamza permission to appeal against extradition to US, EU
LONDON: A British court ruled Wednesday that a radical Muslim preacher accused of helping to set up a terrorist training camp in rural Oregon cannot appeal against extradition to the…
Analysts express mixed reactions to Obama's ME visit
CAIRO: Arab reactions to the regional visit of presidential hopeful Barack Obama have been mixed due to his emphasis on cementing his credentials as a true friend of Israel and…
Pope and Iraqi premier discuss plight of refugees and Christians in Iraq
VATICAN CITY: Pope Benedict XVI urged the world to help Iraqis who have fled their country and called for better protection for Christians inside Iraq during talks Friday with Iraq's…
Danish court keeps two Tunisian cartoon plotters behind bars
COPENHAGEN: A Danish court ruled Friday it was legal to continue holding two Tunisians suspected of plotting to kill a Danish cartoonist who satirized the Prophet Mohamed without trial.The two…
Israelis shoot African at border, says Egyptian security official
AL-ARISH: Israeli troops on Friday shot and wounded an illegal African migrant as he infiltrated the border with Egypt, an Egyptian security official said."We heard gunshots from the Israeli side…
Jews and Arabs not at odds says Livni
CAIRO: Struggles in the region are not between Jews and Arabs but instead come from the threat of extremism, Israeli Foreign Minister Tzipi Livni said.Livni made the statement during a…