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  • Omans Sharqiyah Desalination launches IPO

    Oman's first independent water project (IWP), Sharqiyah Desalination Co (SDC) has floated an initial public offering (IPO) of 2.282 million shares, Times of Oman has reported. SDC has a paid-up capital of OR6.52m, said Xavier Joseph, CEO of the company. The shares will be available only to the individual investors and will close on June ...

  • Omans Al Suwadi Al Batinah Power planning IPOs by mid-2014

    Oman's Al Suwadi Power Co and Al Batinah Power Co are likely to launch their initial public offerings (IPOs) by mid-2014, Muscat Daily has reported. "There will be two IPOs, each offering 35% of shares. Currently we are reviewing the exact timing for the IPO and in a few months we will be sitting down to formulate the plans," the CEO of Al Suwadi Power, Bernard Esselinckx, told ...

  • Qatar Holding acquires 40 of Italys Porta Nuova

    Qatar Holding has agreed to buy a 40% stake in Milan's real estate development project Porta Nuova for an undisclosed sum, Reuters has reported. Qatar Holding will subscribe to newly issued shares with the remaining 60% staying in the hands of the current sponsors of the project, Porta Nouva developer, Hines Italia SGR, and Qatar Holding ...

  • Excerpts Syrian Government quadruples price of fuel oil. Hamas influencein Egypt Iran to head UN Conference on Disarmament 13 May 2013

    Excerpts: Syrian Government quadruples price of fuel oil. Hamas influence in Egypt? Iran to head UN Conference on Disarmament 13 May 2013 +++SOURCE:The Syria Report 13 ...

  • Saudi Arabia has another case of new coronavirus WHO

    LONDON (Reuters) - Saudi Arabia has reported another case of infection in a concentrated outbreak of a new strain of a virus that emerged in the Middle East last year and spread into Europe, the World Health Organization (WHO) said on ...

Movie Review

Black Snake Moan

Black Snake Moan

It may have been hard out there for a pimp in Craig Brewer's 2005 Sundance fave Hustle & Flow, but it's even harder out there for an angry, sexed-up spitfire named Rae (Christina Ricci) in his follow-up Black Snake Moan, a neo-exploitation fable that is so conscious ... ...

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  • Will the UAE follow Frances foootsteps and let science determine Ramadan

    ABU DHABI // The wait for the start of Ramadan is always an anxious one. After weeks of guesses and rumours about what the date will be, astronomers haul their telescopes to the highest point in their emirate and watch for the new crescent moon to usher in the Holy Month. But last week the French Muslim Council voted to do away with that, basing the start of Ramadan on astronomical calculations ...

  • 20 flights without bags after Egypt airport strike

    CAIRO -; Egyptian officials say baggage handlers in Cairo's airport have gone on strike to protest a colleague's death, leaving passengers on 20 international flights from Europe and Arab countries waiting several hours for ...

  • Bahrain Free From Coronavirus Health Ministry said

    Manama-May-18(BNA)The Kingdom of Bahrain has today been declared free from Coronavirus disease-for the time being. The Health Ministry has issued a statement in this regard assuring the public that no cases of coronavirus have been diagnosed to-date in Bahrain. It urged people to abide by hygienic precautionary measures, including washing hands, avoiding touching one's eyes, mouth and ...

  • Saudi Arabian woman reaches summit of Mount Everest

    Nepal A Saudi Arabian woman has scaled the world's highest peak, Mount Everest, in a first for the conservative Muslim kingdom where women's sports are severely restricted.Raha Muharraq, a 25-year-old graduate of the Universtiy of Sharjah in the United Arab Emirates, left her home in the Saudi city of Jeddah on April 3 and underwent rigorous training before the climb, her father ...

  • Federal agents arrested a Saudi Arabian traveler who arrived at Detroit Metropolitan Airport with a pressure cooker a key component used in the Boston Marathon bombings last month.

    Detroit - Federal agents arrested a Saudi Arabian traveler who arrived at Detroit Metropolitan Airport with a pressure cooker, a key component used in the Boston Marathon bombings last month.Hussain Al Kwawahir appeared for a brief hearing at 1 p.m. in federal court on charges he allegedly used an altered passport and lied to a U.S. Customs and Border Protection Agent about the pressure ...

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