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QATAR ACTION AWAITED
Gulf envoys 'may not return to Doha soon'
Saudi, the UAE and Bahraini ambassadors will not return to Doha until Qatar demonstrates its good intentions, Saudi diplomatic sources said yesterday (April 18).
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YET NO PROOF OF CRASH
Underwater search for plane could end in a week
Australian officials supervising the search for missing Malaysia Airlines Flight MH370 said on Saturday that an underwater search for the black box recorder based on "pings" possibly from the device could be completed in five to seven days.
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FROZEN FUNDS RELEASED
Iran cuts sensitive nuclear stockpile
Iran has acted to cut its most sensitive nuclear stockpile by nearly 75 percent in implementing a landmark pact with world powers, but a planned facility it will need to fulfil the six-month deal has been delayed, a UN report showed.
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NEW DISCOVERY
In cloning first, stem cells made from adults
Scientists have moved a step closer to the goal of creating stem cells perfectly matched to a patient's DNA in order to treat diseases, they announced, creating patient-specific cell lines out of the skin cells of two adult men.
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SPECIAL FEATURE
Women in Gulf begin to crack 'glass ceiling'
The Gulf region's growing wealth, rising education standards for women and government efforts to promote more equal opportunities should help make it easier for women to crack the "glass ceiling".
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IMAGE OF THE DAY
In search of peace
South Sudanese fleeing an attack on the town of Rank, arrive at a border gate in Joda, along the Sudanese border on April 18. The S Sudanese army (SPLA) and rebels are fighting in Rank, after an attack by rebels, reported local media.
Top Trade News
 | Industry Sectors |
Drake & Scull Kuwait wins $34.8m deals
Drake & Scull Kuwait (DSI Kuwait), a subsidiary of Drake & Scull International (DSI), has won contracts worth Dh128 million ($34.8 million) in Kuwait.
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Dubai’s fragrance, fashion trade hits $56bn
The value of fragrance, beauty and fashion related trade in Dubai reached Dh206 billion ($56 billion) in 2013, a report said.
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Libya's Zawiya refinery ramps up output
Libya's Zawiya refinery has returned to pre-shutdown output levels at around 60 percent of capacity and is running Brega crude oil, a senior Libyan oil official said.
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Egypt central bank 'to keep interest rates on hold'
Egypt's central bank will keep interest rates on hold next Thursday as it balances the need to fight inflation while supporting the currency and stimulating an economy battered by more than three years of upheaval, a Reuters poll showed.
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Women in Gulf begin to crack 'glass ceiling'
The Gulf region's growing wealth, rising education standards for women and government efforts to promote more equal opportunities should help make it easier for women to crack the "glass ceiling".
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Suez Canal March revenues rise 8.5pc
Revenue from Egypt's Suez Canal rose 8.5 percent to $441.9 million in March from $407.4 million in the same month a year ago, Egypt's state information portal said.
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Al Tayyar Travel Q1 profit rises 28pc
Saudi Arabia's Al Tayyar Travel Group posted a 28.4 percent rise in first-quarter net profit as sales increased and it sold property and equipment.
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Mobily signs telecom deal with Vasco
Saudi Arabia-based Etihad Etisalat (Mobily) has signed a deal with Vasco, to provide connectivity to visitors to the kingdom from across 33 countries.
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Libya plans 'smart cards' to cut fuel subsidies
Libya plans to limit the costly subsidies its citizens enjoy when buying motor fuel - much of which is smuggled into Tunisia for resale at higher prices - by introducing a "smart card" system like one newly implemented in neighbouring
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Family look: Nissan range gets new grille
Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura.
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1,000-bed maternity hospital for Jeddah
A new 1,000-bed maternity hospital will be built attached to the King Abdullah Medical Complex in Jeddah, Saudi Health Minister Dr Abdullah Al-Rabeeah has announced.
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Elias Rahbani concert set in Dubai
Global Black Diamond will present a long-awaited concert by Lebanese artist Elias Rahbani in Dubai on April 25.
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Firms urged to increase women’s role in business
Companies around the world should increase the role for women in business, urged the chairman of Qatar’s leading telecom operator Ooredoo.
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Abraaj buys into Moroccan chocolate firm
The Abraaj Group, a leading investor operating in global growth markets, has announced the acquisition through one of its funds of a stake in Kool Food, a leading Moroccan chocolate confectionery manufacturer based in Casablanca.
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