Kuwait Feb consumer prices fall 0.3 pct m/m
KUWAIT: Kuwait's consumer prices dipped 0.3 percent month-on-month in February partly on falling food prices in a reversal of course after two months of increases, the Gulf country's data showed…
Abu Dhabi's TAQA not planning bond issue in 2010, says exec
ABU DHABI: Abu Dhabi National Energy Co (TAQA) has no plans to issue a bond this year, after reported meetings with investors since early June in the United States, Asia…
Jordan c.bank plans no change in forex reserves
ABU DHABI: Jordan's central bank does not plan to change the composition of its $11 billion foreign exchange reserves and it needs to be vigilant due to advancing inflation, Governor…
Turkey, Lebanon , Syria and Jordan to Set Up Free Trade Zone
BEIRUT: Turkey, Lebanon , Jordan and Syria have agreed to set-up a regional agreement that would allow for free trade and travel between the four countries. The news, first reported…
Saudi King Unveils Homegrown Car
RIYADH: Saudi King Abdullah unveiled his country’s first domestically manufactured car on Monday. The all-terrain "Ghazal 1" was designed over two years by student engineers at the King Saud University…
Retrial of two lawyers accused of assaulting local prosecutor postponed
CAIRO: The Tanta Appeals Court on Sunday postponed to July 4 the retrial of the two lawyers accused of assaulting and insulting the local prosecutors. However, the two lawyers will…
Netherlands reaches World Cup round of 16
DURBAN, South Africa: The Netherlands beat Japan 1-0 on Saturday for its second straight win and then became the first team to qualify for the round of 16 at the…
Khaled Saeid’s uncle: ‘Ministry statements evidence of fabrication and lies’
By Sarah Carr CAIRO: The uncle of Khaled Saeid gave a press conference on Saturday in which he rejected the interior ministry’s allegations against Saeid, who eyewitnesses say was beaten to…
Australia holds on for 1-1 draw against Ghana
RUSTENBURG, South Africa: Ten-man Australia held on for a 1-1 draw with Ghana on Saturday at the World Cup. Australia, which lost Harry Kewell to a straight red card in…
Egypt ‘victim of police brutality’ becomes protest symbol
By Jailan Zayan / AFP CAIRO: A 28-year-old man reportedly beaten to death by police in Egypt's northern city of Alexandria last week has become the latest symbol of police brutality…