Iran women splurge on makeup despite Islamic restrictions
TEHRAN: Banned after the 1979 Islamic revolution, cosmetics like lipstick and nail polish have flooded Iran so much in recent years that it is now the Middle East's second largest…
Sunny Side Up in Tunisia
TUNIS: Tunisia is ramping up investments in renewable energy projects in an effort to both trim its own electricity bill and pave the way for many exports, following the announcement…
Qatar sets terms for $1.4 bln bond, waits with sukuk
DUBAI: Qatar will issue eight-year conventional bonds worth 5 billion riyals ($1.37 billion) with a coupon of 6.5 percent on Tuesday, while the same-sized Islamic portion awaits approval, a central…
Oil falls to near $72 on Chinese, European data
LONDON: Oil fell more than $2 to around $72 on Tuesday, erasing earlier gains, after Chinese and European data raised concerns over the pace of economic growth. China's factories scaled…
Dubai Holding unit posts $6.2 bln loss in new hit
DUBAI: Dubai Holding's main unit posted a $6.2 billion loss for 2009 and said it may resort to asset sales, sending shares in Dubai sharply lower, in the latest setback…
Thousands protest in Egypt against Israel aid boat raid
CAIRO: Several thousand Egyptians, mainly supporters of the opposition Muslim Brotherhood, demonstrated on Sunday against a deadly Israeli raid on a flotilla of ships seeking to take aid to the…
Netanyahu gives military 'full backing' in flotilla raid
OTTAWA: Israeli Prime Minister Benjamin Netanyahu gave his "full backing" Monday to Israel's military forces after a raid on a flotilla carrying aid to the Gaza Strip, which left up…
Demonstrations across region condemns Israeli raid on aid flotilla
CAIRO: Thousands of people from across the political spectrum in Nazareth, Turkey, Beirut and Jordan flooded onto the streets to protest against the bloody Israeli naval operation which claimed the…
World in shock at deadly Gaza ship raid
CAIRO: Shock and outrage swept the globe Monday after Israeli commandos stormed a flotilla of aid ships bound for Gaza, as the Jewish state's foes and allies closed ranks in…
UN chief urges greater support for war crimes prosecution
KAMPALA: UN chief Ban Ki-moon on Monday called for greater global support for war crimes prosecutions at the start of a conference aimed at bolstering the International Criminal Court. Since…