Emirates’ $18 bln Boeing order kicks off air show
DUBAI: Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears…
AU troops in Somalia facing funding shortfall
NAIROBI, Kenya: African Union troops fighting Al-Qaeda-linked Islamists in the failed state of Somalia have a $10 million funding gap which has delayed the deployment of reinforcements and lifesaving equipment,…
Eastern Company Q1 profit up 66 pct y-o-y
CAIRO: Egypt's cigarette monopoly Eastern Company posted a first quarter net profit of LE 121 million ($20 million), up 66 percent from a year earlier, the stock exchange said on…
Gas forum readies for first summit
DOHA: Energy ministers of the Gas Exporting Countries Forum met on Sunday to prepare for the first ever summit of the 11-member group which will discuss fair prices and stronger…
Sudan conflict undermines talks but war unlikely: analysts
KHARTOUM: Ties between Sudan and the newly independent south are badly strained after violence surged along their tense border and darkened the prospects of talks, but analysts say all-out war…
Morocco gears up for poll with eyes on Islamists, turnout
RABAT: Morocco opened its campaign for Nov. 25 legislative elections Saturday, with moderate Islamists seen as possible winners and fears of a low turnout in the country's second vote this…
Egypt arrests Islamist linked to pipeline attacks
CAIRO: Egyptian police arrested a leading member of an armed Islamist group suspected of involvement in pipeline bombings that have disrupted gas supplies to Israel and Jordan, Egypt's state news…
UAE-held activists begin hunger strike
ABU DHABI: Five activists facing trial in the United Arab Emirates for allegedly insulting top officials began a hunger strike on Sunday to pressure authorities to release them, the wife…
Universal, Sony/ATV to buy EMI for $4.1 billion
EMI Group Ltd., the iconic British music company that is home to The Beatles, Coldplay and Katy Perry, is being split and sold for $4.1 billion. The deals will open…
European Film Panorama returns with new challenges and films
Emerging 10 months after the ouster of president Hosni Mubarak, and in the midst of Egypt’s most significant parliamentary elections — the Panorama of European Film is coming back to…