One and one with Telecom Minister Tarek Kamel
CAIRO: Ahead of the Euromoney Conference that kicks off Tuesday, its director Richard Banks sat down with Minister of Communications and Information Technology Tarek Kamel to discuss the booming Egyptian…
New private sugar refinery in Syria starts output
DUBAI: A new privately-held sugar refinery in Syria with an annual capacity of 600,000 tonnes started production this week, its chairman said on Monday. The $90 million refinery, owned by…
India’s Reliance Comm dials up further funding option
MUMBAI: Will Anil Ambani's Reliance Communications now turn to plan E? India's No. 2 cellular carrier, which has tried at least four different and so far fruitless ways to raise…
Pope Shenouda apologizes over bishop’s Islam remarks
CAIRO: Egypt's Coptic Christian leader Pope Shenouda III apologized in a television interview Sunday to any Muslims who were offended after his top bishop reportedly disputed the authenticity of some…
Kuwait calls for more compliance among OPEC
NEW DELHI: OPEC members need to adhere more strictly to existing quotas, Kuwaiti oil minister Sheikh Ahmad Al-Abdullah Al-Sabah said on Monday, adding he was not worried about softening demand.…
Jordan’s economy grows in Q2 on signs of recovery
AMMAN: Jordan's economy picked up in the second quarter of 2010, growing 2.9 percent from a year earlier as transport and financial services sectors rebounded, data showed on Sunday. This…
Saudi foiled 230 terror attacks, says minister
RIYADH: Saudi Arabia's interior minister said his country had foiled 230 planned terror attacks in recent years, with only 10 actually being carried out, local press reported on Monday. "Saudi…
NATO launches air strikes into Pakistan
KABUL: NATO helicopters in eastern Afghanistan launched rare major air strikes into Pakistan, reportedly killing more than 50 militants, officials said Monday, while international forces began a key combat phase…
Islamic group wants UN backing for report against Israel
GENEVA: The Organization of the Islamic Conference on Monday asked the UN Human Rights Council to back a report which found "clear evidence" for legal action against Israel over its…
Settlers start building as Israel PM woos Palestinians
JERUSALEM: Israel's Benjamin Netanyahu on Monday urged Palestinian leader Mahmoud Abbas not to abandon peace talks as Jewish settlers started building again after the expiry of a 10-month freeze. Just…