Hit show turns Hong Kong’s richest into poorest
Top jewelry executive Erwin Huang is a respected power broker in Hong Kong's business community, but he scored a failing grade when it came to rubbish collection. The 46-year-old got…
115 lawyers demand arrest of Israeli defense minister
CAIRO: One hundred and fifteen lawyers filed a complaint to Prosecutor General Abdel Meguid Mahmoud Monday demanding the arrest of Israeli Defense Minister Ehud Barak if he sets foot in…
Ramadan has Iraqi locales playing decades-old game
Ramadan may be best known for the daily dawn-to-dusk Muslim fast, but for some in Iraq the holy month is a time to enjoy a decades-old game that men play…
Abu Dhabi’s ADIA revamps external equities division
ABU DHABI: The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds, has restructured its external equities department, separating indexed funds from active funds as part…
Oil slips towards $107 on Libya end-game
LONDON: Brent crude fell by more than a dollar on Monday to around $107 a barrel with traders and investors anticipating the resumption of oil exports from OPEC-member Libya as…
Egypt Housing and Development Bank posts Q1 loss
CAIRO: Egypt's Housing and Development Bank said it swung to a first-quarter net loss, according to a company statement published via the stock exchange on Monday. The net loss of…
Egypt central bank to offer LE 9 bln in repos
CAIRO: Egypt's central bank said it will offer LE 9 billion ($1.506 billion) in six-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.25 percent.…
Lessons from an unfinished revolution
By Aida Nasr “This revolution is far from over.” That’s the dynamic message of “Lessons in Revolting,” a theater performance currently showing at the intimate setting of the Rawabet Space for…
ENI leads Libya oil race, rebels warn Russia, China
MILAN/LONDON: Italian oil company Eni led the charge back into Libya on Monday as rebels swept into capital Tripoli, hailing the end of Muammar Qaddafi's rule and warning Russian and…
The last days of Qaddafi
By Yuriko Koike BENGHAZI: The endgame in the Libyan conflict has at last arrived. Much of Libya’s capital is now in insurgent hands, with the rebel army itself entering from all…