Opec lowers its oil demand projections for 2008
VIENNA: The Opec oil cartel on Friday lowered its projections for growth of oil demand this year in response to a slowdown in world economic momentum. The Organization of Petroleum…
London most expensive location for office hire in 2007: survey
LONDON: The British capital was the most expensive place in the world for office rental in 2007, with central London beating competition from Hong Kong, Tokyo and Paris, a survey…
AirAsia X sells 20 pct stake to Japanese, Bahrain investors
KUALA LUMPUR, Malaysia: Malaysia s first long haul budget carrier, AirAsia X, said Thursday it has sold a 10 percent stake each to Japan s Orix Group and Bahrain-based Manara…
Arab Insurance profits down on cyclone losses
MANAMA: Arab Insurance Group (Arig) on Thursday posted a more than 20-percent drop in net profits to $23.7 million in 2007 due to losses caused by the cyclone which hit…
Officials tight-lipped on outcome of Hamas meeting
EL-ARISH, Egypt: A top Hamas delegation crossed into Egypt Thursday and met with Egyptian officials wanting to make clear that no further breaches of its border with the Gaza Strip…
'Primitive' cuisine now on the menu
Acorn syrup, root broth or wild bird s eggs? At the outer limit of organic cooking, some of the world s most innovative chefs currently are into a primitive back-to-nature…
HEALTH MATTERS: Improve your health with a better lifestyle
What can be better at the end of a long week then being reminded of the physical effects of Cairo's soup-like pollution, and then being told that however gorgeous your…
New KK Jeep Cherokee conquers the desert
"Buying a car is emotional, said Chief Executive Officer of Chrysler Edward L. Cummins. This is the X-factor at play when people decide on which car to buy, which helps…