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Egypt to slash fuel subsidies as it nears end of IMF program

CAIRO: Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan program with the lender.This will mean increasing the price to consumers of gasoline, diesel, kerosene and…

Boeing cutting production rate of troubled 737 Max jet
Business

Boeing cutting production rate of troubled 737 Max jet

CAIRO: Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan program with the lender.This will mean increasing the price to consumers of gasoline, diesel, kerosene and…

WEF meeting in Jordan to address ‘new platforms of cooperation’
Business

WEF meeting in Jordan to address ‘new platforms of cooperation’

DEAD SEA, Jordan: What has the World Economic Forum ever done for us? It is the perennial question asked of the forum’s headline event in Davos, Switzerland, held at the beginning of each year. But it is, perhaps, an even more pertinent one ahead of the annual Middle East-focused gathering in Jordan, which starts today. To…

New York man threatened to kill Minnesota Congresswoman: FBI
World

New York man threatened to kill Minnesota Congresswoman: FBI

BEIJING: The Chinese chemical industry park where an explosion last month killed 78 people and left hundreds injured will be closed, authorities have said.The blast in Yancheng city, eastern Jiangsu province, was one of the worst industrial accidents in the country in recent years, razing buildings nearby and blowing out the windows of surrounding homes.…

China to close industrial park where deadly blast killed 78
World

China to close industrial park where deadly blast killed 78

NEW YORK: A woman who pushed a commuter to her death in front of a New York City subway train just days after being released from a psychiatric facility was sentenced Friday to 20 years to life in prison.Melanie Liverpool, 33, admitted shoving 49-year-old Connie Watton off a subway platform at the Times Square station…

Woman sentenced for pushing commuter to her death in subway
World

Woman sentenced for pushing commuter to her death in subway

NEW YORK: A woman who pushed a commuter to her death in front of a New York City subway train just days after being released from a psychiatric facility was sentenced Friday to 20 years to life in prison.Melanie Liverpool, 33, admitted shoving 49-year-old Connie Watton off a subway platform at the Times Square station…

US to designate elite Iranian force as terrorist organization
Middle East

US to designate elite Iranian force as terrorist organization

WASHINGTON: The United States is expected to designate Iran’s elite Revolutionary Guards Corps a foreign terrorist organization, three US officials told Reuters, marking the first time Washington has formally labeled another country’s military a terrorist group.The decision, which critics warn could open US military and intelligence officials to similar actions by unfriendly governments abroad, is…

UN chief issues stark Libya warning as fighting rages south of Tripoli
Middle East

UN chief issues stark Libya warning as fighting rages south of Tripoli

TRIPOLI: UN chief Antonio Guterres pushed Friday to avoid a military escalation in Libya, as commander Khalifa Haftar’s forces clashed with pro-government fighters south of the capital Tripoli.Haftar on Thursday launched an offensive to take the capital, held by a UN-backed unity government and an array of militias.The lightning assault was met with international appeals…

Government bodies raise awareness about the dangers of drugs in Asir
Saudi Arabia

Government bodies raise awareness about the dangers of drugs in Asir

ABHA: Fifteen government bodies took part in an exhibition organized at Al-Rashid Mall in Abha on the sidelines of Asir region’s campaign to raise awareness on the dangers of drugs and psychotropic substances. The campaign was launched by the region’s governor, Prince Turki bin Talal bin Abdul Aziz, on Thursday.The exhibition, which will run for…

Creative minds come together at Effat Film Festival in Jeddah
Saudi Arabia

Creative minds come together at Effat Film Festival in Jeddah

ABHA: Fifteen government bodies took part in an exhibition organized at Al-Rashid Mall in Abha on the sidelines of Asir region’s campaign to raise awareness on the dangers of drugs and psychotropic substances. The campaign was launched by the region’s governor, Prince Turki bin Talal bin Abdul Aziz, on Thursday.The exhibition, which will run for…

Saudi Arabia  launches ‘Gold Card’ to attract global talent
Saudi Arabia

Saudi Arabia launches ‘Gold Card’ to attract global talent

RIYADH: The Ministry of Labor and Social Development has launched its Extended Residence Program (the Gold Card), which aims to attract the cream of international talent to work in the Kingdom. The ministry invited consultants and agencies to conduct an analysis of what incentives should be provided to attract foreign talent to Saudi Arabia, and how…

A trip to tantalizing Tagaytay
Lifestyle

A trip to tantalizing Tagaytay

DUBAI: In the four-plus years since it has been open, the luxury resort of Cape Weligama has raked in numerous international awards and prestigious accolades. It’s not hard to see why — take the unparalleled location, perched at the edge of a headland right on the tip of the southern coast of Sri Lanka, to…

Starting over: Mashrou’ Leila celebrate 10 years in music
Lifestyle

Starting over: Mashrou’ Leila celebrate 10 years in music

DUBAI: For 10 years, Mashrou’ Leila have been at the forefront of the underground music scene in the Arab world. Their songs — from their indie-folk roots as a seven-piece to the polished electro-pop of their current work as a quartet — have provided an alternative soundtrack to the watered-down ‘habibi’ pop that dominates the mainstream music…

Out of this world: Toulouse star employs space technology to boost team
Sport

Out of this world: Toulouse star employs space technology to boost team

TOULOUSE, France: : Top 14 leaders Toulouse will turn their attention from Europe to a tough away trip to Toulon at Marseille’s Velodrome this weekend, as one player plots to use space research to give the side an edge.A 14-man Toulouse team set up a European Champions Cup semifinal against title holders Leinster after battling…

Head of Asian soccer running unopposed for new term
Sport

Head of Asian soccer running unopposed for new term

TOULOUSE, France: : Top 14 leaders Toulouse will turn their attention from Europe to a tough away trip to Toulon at Marseille’s Velodrome this weekend, as one player plots to use space research to give the side an edge.A 14-man Toulouse team set up a European Champions Cup semifinal against title holders Leinster after battling…

Google disbands artificial intelligence ethics board
Business

Google disbands artificial intelligence ethics board

SAN FRANCISCO, USA: Google on Thursday confirmed that it has disbanded a recently assembled artificial intelligence ethics advisory panel in the face of controversy over its membership.The end of the Advanced Technology External Advisory Council (ATEAC) came just days after a group of Google employees launched a public campaign against having the president of conservative…

Norwegian Air passenger income growth misses expectations in March
Business

Norwegian Air passenger income growth misses expectations in March

OSLO: Norwegian Air earned less money than expected from each traveler in March but its aircraft filled up at a faster pace than analysts anticipated, the budget carrier’s monthly traffic report showed on Thursday.The grounding last month of its Boeing 737 MAX jets following the deadly crash of an Ethiopian jet, has forced Norwegian to…

Middle East executives have ‘potential blind spot’ over climate change risk
Business

Middle East executives have ‘potential blind spot’ over climate change risk

LONDON: Regional business leaders run the risk of underestimating the threat of climate change, a World Economic Forum report has warned.A new analysis of regional risks found that economic and governance issues rank most highly as topics of concern among executives in the Middle East and North Africa.But environmental factors are “not top of mind,”…

Australia open to return of Daesh fighter’s orphaned children
World

Australia open to return of Daesh fighter’s orphaned children

CHRISTCHURCH: Australian Brenton Tarrant appeared in a New Zealand court on Friday where the suspected white supremacist was charged with an additional 49 counts of murder at two mosques last month.In an attack broadcast live on Facebook, a lone gunman armed with semi-automatic weapons targeted Muslims attending Friday prayers in Christchurch on March 15, killing…

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