Jordan Telecom H1 net profit drops 10.9 pct
AMMAN: Jordan Telecom Group, the country's sole fixed-line operator, said on Wednesday its net profit in the first six months of 2010 fell 10.9 pct to 45.6 million dinars ($64.3…
Qatar: Transport keeps on moving
DOHA: Qatar is well placed to achieve its goal of becoming a logistics centre for the Gulf, with a recent report noting buoyant confidence in the country’s planned expansion of…
Oil slips towards $77 ahead of US data
LONDON: Oil slipped towards $77 per barrel on Wednesday after an industry report of an unexpected rise in US crude stocks and a fall in US consumer confidence fuelled doubts…
Aramco awards deals for new Yanbu refinery
KHOBAR, Saudi Arabia: Saudi Aramco has signed contracts with international firms to build a multi-billion dollar refinery at Yanbu on Saudi Arabia's Red Sea coast, the state-run company said on…
MEC delays Indonesia coal output to 2012
JAKARTA: The UAE's MEC Holdings said on Wednesday coal production from its Indonesian Kalimantan project will not start until 2012 after construction of a railway, versus earlier expectations of limited…
Hand grenade explodes in Beirut parking lot, says Lebanon army
BEIRUT: A hand grenade exploded Wednesday in a parking lot near Beirut's engineering union, damaging nearby cars and lightly wounding a Syrian national, Lebanese officials said. "The hand grenade went…
Twelve killed in Iraq as Shia pilgrimage ends
KARBALA: A series of attacks in Baghdad and a holy Iraqi city killed 12 people, while five others died in a helicopter crash, as major religious ceremonies came to a…
Abbas terms for direct talks ‘impossible’, says Israel minister
JERUSALEM: Israel on Wednesday accused Palestinian president Mahmud Abbas of imposing "impossible" conditions for moving to direct peace talks. "The Palestinians have set three impossible conditions: that the negotiations start…
Jordanian premier reshuffles cabinet
AMMAN: Jordanian Prime Minister Samir Rifai reshuffled his cabinet on Wednesday, dropping six ministers and replacing them with seven others, a senior official told AFP. The ministers of justice, education,…
Jordan trade unions slam Netanyahu’s visit
AMMAN: Jordan's Islamist-led trade unions on Wednesday strongly condemned Israeli Prime Minister Benjamin Netanyahu's visit to Jordan, describing him as a "criminal." "At a time when the Zionist enemy is…