Dubai’s Nakheel says repaid $926 mln to trade creditors
Dubai developer Nakheel said on Thursday it repaid 3.4 billion dirhams ($925.9 million) it owes to trade creditors, as part of its debt repayment plan. "Nakheel has approximately 85 percent…
Misr Beni Suef Cement to make 1:1 bonus share issue
Egypt's Misr Beni Suef Cement (MBSC) will distribute a dividend on Oct. 14 of one share for every share held, the stock exchange said on Thursday. MBSC's shares edged down…
China’s great migration
BEIJING: China’s Henan province has a population of about 100 million — larger than that of most countries. In China’s administrative system, a province is at the highest level of…
Contador blames bad meat for positive doping test
PINTO, Spain: Alberto Contador blamed it all on a bad piece of filet mignon, and promised he would prevail in the end. The three-time Tour de France winner said contaminated…
Nadal thrills in Bangkok debut
BANGKOK: Rafael Nadal put on a typically commanding performance in his Bangkok debut on Thursday, the Spanish top seed progressing with the minimum of fuss in his first career match…
Palestinians can take the lead
MARYLAND: Direct Israeli-Palestinian high level negotiations are welcome news but success will all depend on the work of the third party, the United States, and the way it approaches the…
America embraces trade discrimination
NEW YORK: Economists generally agree on the advantages of openness in trade. But the case for non-discrimination in trade is also a compelling one. So good trade policy should push…
My visit to Yad Vashem
JERUSALEM: I was a prisoner for a period of 12 years in Israeli jails for committing an act of violence. I spent those years reading and learning about the region.…
Japan’s savings crisis
CAMBRIDGE: Japan is heading toward a savings crisis. The potential future clash between larger fiscal deficits and a low household saving rate could have powerful negative effects on both Japan…
Group decider for Al Hilal and Libya’s Al Ittihad
LAGOS: Al Hilal of Sudan will this weekend welcome Libya's Al Ittihad in a CAF Confederation Cup Group A match likely to decide the overall winner of this mini-group stage…