Prosecution accuses April 6 activists of assaulting an officer
CAIRO: The Central Cairo prosecution office started on Monday investigations of a member of the April 6 youth movement, Ahmed Abu Doma, who was arrested during his participation in a…
Iran says plans new war games, photographed US ship
TEHRAN: Iran announced new naval war games on Tuesday and revealed that one of its military aircraft had photographed a US aircraft carrier, a day after Washington said Tehran was…
Obama extends sanctions on Syria for one year
Normal 0 false false false MicrosoftInternetExplorer4 WASHINGTON: President Barack Obama Monday renewed US sanctions on Syria for a year, accusing Damascus of supporting "terrorist" groups and pursuing missile programs and…
World to stay reliant on fossil fuel until 2050, says Shell CEO
SINGAPORE: The world will remain heavily reliant on fossil fuels for the next 40 years, Shell's chief executive said Tuesday, as a massive US oil spill cast a cloud over…
Tabreed Saudi unit wins $480 mln Aramco deal, says report
DUBAI: The Saudi unit of Dubai-listed refrigeration and cooling company Tabreed has won a $480 million contract to build a central cooling station for Saudi Aramco, a newspaper reported on…
Dubai to open world's biggest' airport for cargo next month
DUBAI: Dubai's second airport, designed to be the world's largest when completed, will open in June for cargo only, with plans to receive passengers in spring next year, Dubai Airports…
Qatar Air to receive 6 Boeing 787s next year
DUBAI: Qatar Airways increased its order for Boeing's new 787 Dreamliner to six from two and expects to take delivery by September next year, the carrier's chief executive said on…
Most lenders agree to Dubai World's debt plan, says report
DUBAI: Most Dubai World creditors have agreed to the terms for restructuring the troubled conglomerate's debts, a state-owned daily said Tuesday. "Most of the banks have agreed on the offer…
S&P rates sharia fund in bid to raise transparency
DUBAI: Ratings agency Standard & Poor's (S&P) on Tuesday said that for the first time it assigned a rating to a sharia fund, in a bid to boost transparency in…
Oil falls below $85 ahead of US inventory data
LONDON: US crude oil fell more than $1 to below $85 per barrel on Tuesday, retreating from 19-month highs ahead of an expected rise in US crude and fuel stocks…