Kennedy memoirs a bestseller weeks before release
In death Edward Kennedy will continue to make his mark on American politics with his greatly anticipated memoirs, which stormed Thursday to the top of online bestseller charts ahead of…
Oil falls towards $71 on brimming US stocks
LONDON: Oil fell towards $71 on Thursday, after touching 10-month highs earlier this week, as swollen crude and distillate inventories in the United States, the world s largest fuel consumer,…
Egypt wind farm tender attracts 32 bids
CAIRO: A total of 32 companies have presented bids for a tender to build a 250-megawatt wind farm on Egypt s east coast, the state news agency MENA said on…
Morocco: Stable Development
Major infrastructure projects are scrambling for finances across North Africa as a result of the global slowdown, but Morocco is forging ahead with its ambitious plans for Tanger Med II…
Islamic bank assets up sharply despite turmoil: report
SINGAPORE: Assets held by the world s 100 biggest Islamic banks grew 66 percent in 2008 from the previous year despite the financial turmoil that clobbered mainstream lenders, a report…
Oil prices rise above $73
LONDON: Oil prices edged above $73 on Friday, extending the previous day s rally as the market was buoyed by rallying equities and a weakening US dollar, analysts said.New York…
Three killed in Gaza smuggling tunnel collapse: medics
GAZA CITY: Three Palestinian brothers were killed on Friday in the collapse of a smuggling tunnel along the Gaza Strip s border with Egypt, medics said.A fourth Palestinian, who was…
France to call regional summit if Israel halts settlements
PARIS: President Nicolas Sarkozy said Wednesday Paris would convene a new summit of the Mediterranean Union by year end on condition Israel freezes all settlement activity in the Palestinian territories.Sarkozy,…
Foreign ministry denies role in freeing fishermen
CAIRO: The Ministry of Foreign Affairs denied Wednesday having any role in freeing the 34 fishermen kidnapped by pirates off the Somali coast.Hossam Zaki, foreign ministry spokesman, said, "The foreign…
US will pay for lawyer in Abu Omar's Italian kidnapping trial
WASHINGTON: The Justice Department has agreed to pay for a lawyer to help a former State Department official fight Italian charges that she participated in the alleged CIA kidnapping of…
