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Oman: 25 investors interested in two power assets

LONDON: Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid Al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in US drilling activity.US West Texas Intermediate (WTI) crude oil futures were at $56.73 per barrel at 1320 GMT, up 66 cents, or 1.18…

Turkey’s economy tumbles into recession since 2009 as polls loom
Business

Turkey’s economy tumbles into recession since 2009 as polls loom

LONDON: Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid Al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in US drilling activity.US West Texas Intermediate (WTI) crude oil futures were at $56.73 per barrel at 1320 GMT, up 66 cents, or 1.18…

Tokyo court denies Ghosn’s request to attend Nissan board meeting
Business

Tokyo court denies Ghosn’s request to attend Nissan board meeting

TOKYO: A Tokyo court on Monday denied ousted Nissan boss Carlos Ghosn’s request to attend a board meeting this week, broadcaster NHK reported, blocking what would have been a dramatic face off with the colleagues he has accused of fomenting a coup. Ghosn, released last week on a $9 million bail after spending more than…

WHO launches strategy to fight ‘inevitable’ flu pandemics
World

WHO launches strategy to fight ‘inevitable’ flu pandemics

GENEVA: The World Health Organization on Monday launched a strategy to protect people worldwide over the next decade against the threat of influenza, warning that new pandemics are “inevitable.”Influenza epidemics, largely seasonal, affect around one billion people and kill hundreds of thousands annually, according to WHO, which describes it as one of the world’s greatest…

North Korea ‘missile launch’ plans under scrutiny as concern mounts
World

North Korea ‘missile launch’ plans under scrutiny as concern mounts

ADDIS ABABA: Three Austrian physicians. The co-founder of an international aid organization. A career ambassador. The wife and children of a Slovak legislator. A Nigerian-born Canadian college professor and satirist. They were among the 157 people from 35 countries who died Sunday morning when an Ethiopian Airlines Boeing 737 MAX 8 jetliner crashed shortly after…

UNHCR Chief cancels UAE visit due to UN deaths on Ethiopian plane crash 
World

UNHCR Chief cancels UAE visit due to UN deaths on Ethiopian plane crash 

ADDIS ABABA: Three Austrian physicians. The co-founder of an international aid organization. A career ambassador. The wife and children of a Slovak legislator. A Nigerian-born Canadian college professor and satirist. They were among the 157 people from 35 countries who died Sunday morning when an Ethiopian Airlines Boeing 737 MAX 8 jetliner crashed shortly after…

Jobless millions to haunt India election
World

Jobless millions to haunt India election

NEW DELHI: Vishal Chowdhary is young, bright and armed with an MBA. But he has spent two years struggling to find work in India's sluggish jobs market -- a major headache for Prime Minister Narendra Modi ahead of looming elections.The government's failure to create enough jobs in Asia's third-biggest economy is a key issue for…

Taliban leader Omar lived next to US Afghan base
World

Taliban leader Omar lived next to US Afghan base

EJERE, Ethiopia: Authorities in Ethiopia, China and Indonesia grounded all Boeing 737 Max 8 aircraft Monday following the crash of an Ethiopian Airlines jetliner that killed 157 people, and investigators found the flight recorders from the field where the plane went down.The new plane crashed shortly after takeoff in clear weather outside Addis Ababa on…

Palestinians in Gaza receive new Qatari aid
Middle East

Palestinians in Gaza receive new Qatari aid

GAZA: Tens of thousands of Palestinians in Gaza began receiving $100 payouts from Qatar on Monday, the latest tranche of funds under an informal deal between the territory’s Islamist rulers Hamas and Israel.A flare-up of violence along the border fence between Israel and the Gaza Strip this month has threatened another escalation between the two…

Turkish activists reject ‘irrational’ indictment against top businessman
Middle East

Turkish activists reject ‘irrational’ indictment against top businessman

JERUSALEM: Hollywood star Gal Gadot has leapt to defend a fellow actress who was chided by Israeli Prime Minister Benjamin Netanyahu for challenging his party’s treatment of Arab citizens.Netanyahu and his Likud party have been accused of using scare tactics and demonizing Israel’s Arab population ahead of April 9 elections in a bid to motivate…

‘Wonder Woman’ defends Arabs against Netanyahu’s rhetoric
Middle East

‘Wonder Woman’ defends Arabs against Netanyahu’s rhetoric

JERUSALEM: Hollywood star Gal Gadot has leapt to defend a fellow actress who was chided by Israeli Prime Minister Benjamin Netanyahu for challenging his party’s treatment of Arab citizens.Netanyahu and his Likud party have been accused of using scare tactics and demonizing Israel’s Arab population ahead of April 9 elections in a bid to motivate…

Dozens of militants killed in shootouts in Egypt’s Sinai: military
Middle East

Dozens of militants killed in shootouts in Egypt’s Sinai: military

TUNIS: A dozen newborn babies whose deaths at a Tunisian state hospital sparked public outrage are believed to have been killed by an infection acquired in the clinic, the acting health minister said Monday.Sonia Ben Cheikh told a news conference that a 12th infant had died at the Rabta state hospital in Tunis on Sunday.According…

Iran rights lawyer Nasrin Sotoudeh sentenced to 7 years in jail
Middle East

Iran rights lawyer Nasrin Sotoudeh sentenced to 7 years in jail

TEHRAN: Iranian human rights lawyer Nasrin Sotoudeh has been sentenced to seven years in jail for security charges, a judge at Tehran’s Revolutionary Court told semi-official ISNA news agency on Monday.“Nasrin Sotoudeh has been sentenced to five years for colluding against the system and two years for insulting the leader (Ayatollah Ali Khamenei),” said judge…

Diversity is part of human nature, says Muslim World League chief Al-Issa
Saudi Arabia

Diversity is part of human nature, says Muslim World League chief Al-Issa

LONDON: The world needs generations raised with an education that teaches them how to think, promotes accepting and respecting others, and instills a belief that diversity is part of human nature, according to Mohammed bin Abdul Karim Al-Issa, secretary-general of the Muslim World League (MWL).  Al-Issa’s comments came during an address to the Wilton Park…

Saudi film to premiere in Vox cinemas for first time
Saudi Arabia

Saudi film to premiere in Vox cinemas for first time

LONDON: The world needs generations raised with an education that teaches them how to think, promotes accepting and respecting others, and instills a belief that diversity is part of human nature, according to Mohammed bin Abdul Karim Al-Issa, secretary-general of the Muslim World League (MWL).  Al-Issa’s comments came during an address to the Wilton Park…

Meet two young Saudi entrepreneurs with sustainable solutions
Saudi Arabia

Meet two young Saudi entrepreneurs with sustainable solutions

DUBAI: From solar energy to helping Saudi farmers improve their livestock, the Kingdom’s young entrepreneurs are contributing in their own way toward the country’s Vision 2030 reform plan with sustainable solutions. One of them, 25-year-old Muhannad Al-Hamed from Riyadh, aims to bring solar products to Saudi households by cheaper and more convenient means. His e-commerce…

Saudi Arabia to launch plan for multibillion infrastructure projects in Asir
Saudi Arabia

Saudi Arabia to launch plan for multibillion infrastructure projects in Asir

LONDON: The world needs generations raised with an education that teaches them how to think, promotes accepting and respecting others, and instills a belief that diversity is part of human nature, according to Mohammed bin Abdul Karim Al-Issa, secretary-general of the Muslim World League (MWL).  Al-Issa’s comments came during an address to the Wilton Park…

Meteorology office warns of thunder storms and dust across Saudi Arabia
Saudi Arabia

Meteorology office warns of thunder storms and dust across Saudi Arabia

LONDON: The world needs generations raised with an education that teaches them how to think, promotes accepting and respecting others, and instills a belief that diversity is part of human nature, according to Mohammed bin Abdul Karim Al-Issa, secretary-general of the Muslim World League (MWL).  Al-Issa’s comments came during an address to the Wilton Park…

China hopeful on US trade talks: official
Business

China hopeful on US trade talks: official

NEW YORK: Oil prices fell about 1 percent on Friday after disappointing US job growth revived concerns about a slowing global economy and weaker demand for oil.With surging US oil supply also unsettling markets, Brent crude futures fell 56 cents, 0.8 percent, to settle at $65.74 a barrel. The international benchmark gained 1 percent for…

Malaysian jailed for 10 years for insulting Islam on social media
World

Malaysian jailed for 10 years for insulting Islam on social media

WASHINGTON: Melania Trump came armed with surefire applause lines when she stepped up to address a largely female audience that had gathered to celebrate other women.The first lady showcased the record number of women serving in Congress. She said women’s unemployment had hit its lowest level in 65 years, though it has since ticked up…

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