South Korea’s Iran
By Lee Byong-chul SEOUL: The United States is now wrestling with the nuclear fears of two of its close allies, Israel and South Korea. Israel’s alarm at the prospect of Iran…
Multiculturalism in Canada a model for other countries
By Natalia Simanovsky TEL AVIV: Last month, United Kingdom Secretary of State for Communities and Local Government Eric Pickles described multiculturalism as the "politics of division”. He criticized previous administrations in…
NGO calls for annulling parliament legitimacy after seizing half of constituent Assembly
By Heba Hesham CAIRO: The Lawyers’ Union for Legal Studies and Democracy called upon political parties, civil society organizations, syndicates and individuals to withdraw legitimacy from both houses of the parliament…
Military court acquits Zawahri brother in new trial
By Samer al-Atrush / AFP CAIRO: An Egyptian military court on Monday acquitted Mohamed Al-Zawahri, the brother of Al-Qaeda's leader Ayman, overturning a death sentence in a new trial, his lawyer…
Japan gives Egypt $393 mln to fund fourth metro line
By Reem Abdellatif CAIRO: Egypt accepted a $393 million loan from the Japan International Cooperation Agency (JICA) to begin developing the first phase of Cairo’s fourth metro line, officials said Monday.…
NBAD eyes 5-year dollar bond, may price Monday
By Rachna Uppal / Reuters DUBAI: National Bank of Abu Dhabi is eyeing a return to global debt markets with a five-year dollar bond which could raise up to $750 million…
Kuwait eyes 13 pct budget rise amid industrial unrest
By Sylvia Westall / Reuters KUWAIT: Kuwait's state budget for next fiscal year envisages a spending increase of about 13 percent from the current year's plan, state news agency KUNA reported…
Etisalat eyes mobile remittances in Gulf
By Matt Smith / Reuters DUBAI: UAE telecoms operator Etisalat, which saw $1.8 billion moved over its network last year via money transfers, has sought regulatory approval to expand its financial…
EU leaders pay tribute to Coptic pope
By AFP BRUSSELS: European Union leaders on Sunday paid tribute to Egypt's Coptic Pope Shenouda III, spiritual leader of the Middle East's largest Christian minority, stressing his commitment to national…
Arabtec says no need for SWF funds
By Praveen Menon / Reuters DUBAI: Arabtec has no plans to renew talks with Abu Dhabi state fund Aabar Investments about a taking a stake in the Dubai builder because its…