Gulf bank sinks into red on US subprime crisis
MANAMA: Bahrain-based Gulf International Bank said on Thursday it suffered a net loss of $757.3 million in 2007 due mainly to its exposure to the crisis-ridden US home-loan subprime market.…
Dubai firm gets more time to study possible bid for Colonial
MADRID: A sovereign wealth fund owned by the government of the booming Gulf emirate of Dubai said Thursday it had been given more time to go through the books of…
Abu Hamza preacher tries to block extradition to US
LONDON: An Islamic preacher accused of trying to establish a terrorist training camp in Oregon asked a British court on Wednesday to block his extradition to the US.Earlier this month,…
Unilateral declaration of Palestinian state on the table, says PLO official
CAIRO: Events in Kosovo seem to have repercussions in the region as Palestinians are considering the idea of declaring statehood for themselves without securing it through an agreement first.Yasser Abd…
Coffee, cigarettes and a thumping headache
I'm sitting in Cilantro near the American University in Cairo. Beside me is a girl working quietly on her laptop. Two seats down are two students revising from an English…
Baby I'll drive your car if it's a Maserati
Used to be if you really wanted to stand out - and rub your friend's and neighbor's noses in the mud in the process - and show that you're embarrassingly…
TRAVEL: Abu Dhabi: from desert to paradise
"I will turn the country from a desert to a green paradise, promised Shiekh Zayed Al Nahyan, the late Amir of the United Arab Emirates, and he has indeed kept…
How do you Zo?
How my heart leaped for joy when I heard about the opening of a new Asian restaurant whose fare not only comes highly-recommended, but does not require the budget of…
Requiem for Saffeyah's garden
"It isn't there any more! It's gone! They've built on it! These words sent shivers down my spine and the sense of loss was overwhelming. I should have known it…