United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project    MIDBANK extends EGP 1bn credit facilities to Raya Information Technology    Suez Canal Bank net profits surge 71% to EGP 3.1bn in H1 2025    Egypt's FRA Chief Mohamed Farid reappointed with ministerial rank    Egypt's gold prices grow on Aug. 7th    Madbouly says Egypt, Sudan 'one body,' vows continued support    Egypt's govt. issues licensing controls for used cooking oil activities    Gaza under fire, famine: Death toll climbs amid warnings of 'never-ending war'    Al-Sisi: Arab region faces unprecedented challenges, Egypt firm in support for Gaza    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Planning and International Cooperation Minister meets Vietnamese deputy PM to implement economic pacts    Egypt to open Grand Egyptian Museum on Nov. 1: PM    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt, Philippines explore deeper pharmaceutical cooperation    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egypt, Cuba explore expanded cooperation in pharmaceuticals, vaccine technology    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Adam Schreck Associated Press
Qatari, Egyptian bidders to buy jeweler Damas
DUBAI: Damas International, a prominent Mideast jeweler involved in a multimillion-dollar bookkeeping scandal, agreed Wednesday to be taken over in a deal that values it at $445 million. A consortium led by Qatari conglomerate Mannai Corp. said (...)

28 - 03 - 2012
Abu Dhabi museum island hit by more delays
DUBAI, United Arab Emirates — Branches of the Louvre and Guggenheim art museums being built as part of an ambitious cultural district in Abu Dhabi could now open at least a year later than planned, the developer and an official with knowledge of the (...)

29 - 10 - 2011
Abu Dhabi firm backtracks on Guggenheim contract
DUBAI, United Arab Emirates — The Abu Dhabi company building a branch of the Guggenheim museum in the Emirati capital said Sunday it has temporarily dropped plans to award a major construction contract, raising questions about the future of the high (...)

23 - 10 - 2011
Greek bank deal highlights Qatar's European push
DUBAI, United Arab Emirates — Qatari investors' decision this week to pump half a billion euro into the merger of Greece's second and third largest banks is part of a strategy to both expand the Gulf nation's European investments and boost its (...)

31 - 08 - 2011
Mideast markets tumble after US credit downgrade
DUBAI, United Arab Emirates — Stocks tumbled across the Middle East on Sunday as most regional markets opened for their first day of business following a historic downgrade of the United States' credit rating. Mideast markets mostly operate (...)

07 - 08 - 2011
Mubarak trial evokes mixed feelings in Arab world
DUBAI, United Arab Emirates — The live TV images of a caged and bedridden Hosni Mubarak being held to account for alleged crimes against his own people — by his own people — captivated viewers across the Middle East and appeared to many to be a (...)

04 - 08 - 2011
Dow Chemical, Saudi Aramco agree on joint venture
DUBAI: Dow Chemical Co. and the Saudi Arabian Oil Co. outlined plans Monday to set up a joint venture to begin building a massive $20 billion chemical complex in the desert kingdom. The decision by both companies' boards to create the new (...)

25 - 07 - 2011
NATO denies trying to aid Libyan rebels' advance
TRIPOLI, Libya (AP) — NATO has denied a Libyan government charge that the alliance is intentionally using its airstrikes to assist rebel advances, saying it is sticking to its mandate to protect civilians. Wing Cmdr. Mike Bracken, an alliance (...)

08 - 07 - 2011
Defiant Gadhafi threatens attacks in Europe
TRIPOLI, Libya (AP) — A defiant Muammar Gadhafi has threatened to carry out attacks in Europe against "homes, offices, families," unless NATO halts its campaign of airstrikes against his regime in Libya. The Libyan leader, sought by the (...)

02 - 07 - 2011
Libya says 9 civilians killed in NATO airstrike
TRIPOLI, Libya (AP) : Libya's government said NATO warplanes struck a residential neighborhood in the capital Sunday and killed nine civilians, including two children. Hours later, NATO confirmed one of its airstrikes went astray. The incident (...)

20 - 06 - 2011
Libyan leader Gadhafi says NATO will not win
TRIPOLI, Libya (AP) — Provoked by renewed daylight NATO bombing of his capital, Libyan leader Moammar Gadhafi raged against the alliance, screaming his message and daring Western forces to keep it up. Gadhafi spoke in a telephone call that was (...)

19 - 06 - 2011
Area near Qaddafi compound struck in raid
TRIPOLI: NATO pounded the area near Libyan leader Moammar Qaddafi's compound again before dawn Thursday, rattling windows in the heart of the capital with thunderous booms as smoke rose from the vicinity. It was not clear what was hit, and there (...)

16 - 06 - 2011
Cheetah captured while roaming Abu Dhabi
DUBAI, United Arab Emirates (AP) — A city of gleaming skyscrapers along the Persian Gulf hardly seems a fitting habitat for a cheetah, but there it was prowling among residential villas in Abu Dhabi. An animal welfare activist who helped rescue (...)

30 - 05 - 2011
Mideast's hotels start to see life after protests
DUBAI, United Arab Emirates (AP): Hotels in Egypt and other countries hit hard by the Arab uprisings are again starting to fill rooms but a full recovery remains a long way off, industry executives said Sunday. Bookings plunged earlier this year (...)

02 - 05 - 2011
IMF: Mideast faces challenges with jobs, graft
DUBAI: Uprisings sweeping the Middle East and North Africa could eventually boost regional economies, but for now many countries there face a tough path dealing with entrenched unemployment, soaring prices and industries strained by the unrest, the (...)

27 - 04 - 2011
Bahrain's protesters struggle to define goals
MANAMA: Bahrain's royal rulers have been saying for more than a week they are willing to talk with what has proved to be a resilient opposition movement. They have made little headway so far. Rather than sit down at the negotiating table, (...)

02 - 03 - 2011
Talks must come with guarantees, Bahrain cleric
MANAMA: A senior Bahraini cleric said Friday that any dialogue between anti-government protesters and the kingdom's rulers must lead to clear results that achieve the demands of the people. Imam Isa Qassim issued the call for conditions to any (...)

25 - 02 - 2011
WikiLeaks: UAE considered keeping Hamas hit quiet
DUBAI: Diplomatic cables recently released by WikiLeaks indicate authorities in the United Arab Emirates debated whether to keep quiet about the high-profile killing of a Hamas operative in Dubai in January. The documents also show the UAE sought (...)

28 - 12 - 2010
Dubai World arm cuts stake in Australia for $1.5 billion
DUBAI: DP World, the port management arm of indebted state conglomerate Dubai World, sold the bulk of its Australian businesses to a Citi investment fund Wednesday for $1.5 billion. Unloading the stake will help the sea cargo handler pay down (...)

22 - 12 - 2010
Dubai's ruler shakes up Dubai World leadership
DUBAI: Dubai's ruler has replaced the longtime head of Dubai World with the chief of Emirates airline, turning to one of his closest confidants to lead the turnaround of the debt-laden conglomerate. Sheik Ahmed bin Saeed Al Maktoum was named (...)

13 - 12 - 2010
UAE's Emirates, Etihad airlines halt Yemen cargo
DUBAI: Airlines in the United Arab Emirates say they have stopped carrying cargo from Yemen as a precaution following the discovery of two mail bombs shipped as air freight. The Middle East's biggest airline Emirates, which operates out of Dubai, (...)

07 - 11 - 2010
IMF: Mideast growth rising, but more jobs needed
DUBAI: Mideast economies are likely to grow roughly twice as fast over the next two years as they did in 2009, but the region must do more to diversify its economies and create jobs, the International Monetary Fund said Sunday. The (...)

25 - 10 - 2010
DP World's port business rises 14 percent in 3Q
DUBAI: Port operator DP World said Monday business at its cargo terminals rose 14 percent in the third quarter, reflecting a pick-up in global trade as the world economy shows signs of recovery. The strongest gains came at ports the company (...)

25 - 10 - 2010
Abu Dhabi scales back plans for clean-energy city
DUBAI: Plans for an ambitious clean-energy city being built in the desert outside Abu Dhabi are being scaled back as part of a wide-ranging review of the $22 billion project, the government announced Sunday. The state company behind Masdar (...)

10 - 10 - 2010
National Geographic magazine to start in Arabic
DUBAI: After decades of turning out yellow-framed covers featuring Egyptian artifacts and other Mideast treasures, National Geographic magazine will for the first time soon start printing in Arabic. The picture-packed science magazine lining (...)

23 - 09 - 2010
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