DUBAI, United Arab Emirates: The United Arab Emirates has slashed gasoline subsidies, announcing Tuesday that it will raise the cost of a liter of regular gasoline by 24 percent amid globally low oil prices that have cut into the country’s revenues.Starting Aug. 1, drivers will pay 2.14 dirhams (58 cents) per liter of gasoline at the pump instead of 1.72 dirhams (47 cents), or about $2.21 a gallon instead of $1.78, the government’s new fuel price committee said.Meanwhile, the price of diesel will be lowered, with drivers paying 2.05 dirhams a liter instead of 2.90 dirhams — a 29 percent decrease.The move is part of a wider strategy to phase out subsidies and offset the effect of a drop in revenues. Moody’s investor service said it expects the UAE’s consolidated revenues to drop 27 percent this year due to lower global oil prices, which have fallen nearly 50 percent in the past year.Energ...
DUBAI, United Arab Emirates: A bomb killed two Bahraini policemen on Tuesday and the explosives rese...
TRIPOLI: A Libyan court passed a death sentence in absentia on Muammar Qaddafi’s most prominent son,...
ISLAMABAD: The nationwide death toll from this month’s flash floods in various parts of Pakistan rose to 81 on Tuesday as floodwater inundated hundreds of villages, leaving tens of thousands of people homeless, authorities said.The floods have affected 300,000 people in the two weeks since deluges hit the northern city of Chitral and the eastern Punjab province, the National Disaster Management Authority said. It warned o...
ADDIS ABABA: US President Barack Obama called on Africa Tuesday to end “the cancer of corruption” and embrace democracy to ensure continued progress, in a speech to the African Union.“Nothing will unlock Africa’s economic potential more than ending the cancer of corruption,” Obama said, warning that it drained “billions of dollars” from economies that could be used for health systems or creating employment.“Only Africans...

SAUDI ARABIA »

ABHA: Several Saudi businesswomen started traveling with a group of friends after recent regulations which allow women to travel without their mahram. These women said they find great fun to travel as a group with their friends and their children, where they can achieve their goals of travel.Travel...
RIYADH: Foreign Minister Adel Al-Jubeir has denounced “aggressive statements” by Iran, after Tehran accused Bahrain of stoking Gulf tensions by making unfounded allegations against it.“This is unacceptable to us,” the minister said at a joint news conference with visiting EU foreign policy chief Federica Mogherini in Riyadh...
JEDDAH: The Ministry of Labor was able to increase the number of Saudi women employees from 70,000 to 428,000 during the past four years, Abdul Munim Al-Shehri, assistant undersecretary for special programs, has said . The ministry is now working on a comprehensive survey for female shops in the Kingdom. The aim of the surv...
DAMMAM: A wanted terrorist was killed during a gunfight in the town of Al-Qudayh in the Eastern Province on Sunday, police said.Qatif police received a report that a Saudi man suffered gunshots and was taken to Modhar Dispensary in Al-Qudayh by his brother. The wounded man was declared dead on arrival at the hospital. He wa...
JEDDAH: The Saudi security forces have thwarted nearly 18,000 infiltration attempts on the Kingdom’s border with Yemen since the launch of Operation Decisive Storm in March. “The number of infiltration attempts foiled by the security authorities since the beginning of the military operation against the Houthi rebels until t...
RIYADH: The United Nations, Arab League and Gulf Cooperation Council welcomed the Kingdom-led coalition’s announcement of a five-day cease-fire, that took effect at midnight on Sunday, to push humanitarian relief in war-ravaged Yemen to the beleaguered civilian population.UN Special Envoy for Yemen Ismail Ould Cheikh Ahmed...
ALKHOBAR: Jobless Saudi women constitute 70 percent of the unemployed. The Ministry of Economy and Planning said 58 percent of the jobless have preparatory school level education. According to the statistics, the annual unemployment growth rate among university degree holders declined to 6 percent, while the growth rate of...
RIYADH: Saudi Arabia has found traces of a civilization that was domesticating horses about 9,000 years ago, 4,000 years earlier than previously thought. The discovery has shed new light on the origin of the Arabian horse, which has remained a great zoological mystery. Although this unique breed has had a distinct national...
RIYADH: The Ministry of Labor in the Makkah region found 250 laborers working on various construction projects during restricted hours of the day. Punitive measures will be taken against the employers of these workers. According to a ministerial decree, laborers should abstain from working between noon and 3 p.m. due to the...
JEDDAH: When poverty is your guest for 15 years, gardens, parks, streets and pavements become your abode under the unavoidable scorching sun. One has to face hardships of hunger and survive on breadcrumbs. This is the situation of a 60-year-old Saudi, nicknamed “The Lonely” by passers-by in Jeddah. He is surviving with just...
JEDDAH: The negative attitudes of society in dealing with harassment and abuse cases prevent victims from reporting a great number of such cases to the authorities.Despite this, about 3,982 cases reached the country's criminal courts in 1435 and 1436, on average six cases per day, a local publication reported.According to t...
AL-QATIF: The Omani security forces have arrested a man who, they said, accidentally fired a bullet that hit a young Saudi girl in a hotel in Musandam on Saturday. Four-year-old Zainab bint Mohammed Labad of Al-Awamiyah was playing in the hotel lobby when she was hit, local media reported, adding that she is being treated f...
Ramon Corvera, deputy chief of mission at the Argentinian Embassy in Riyadh.* Which particular aspect of Saudi Arabia you like the most? The natural beauty of the desert.* What is your favorite and oft-repeated Arabic word? Masha’Allah.* Which book is by your bedside these days? Culture in a Liquid Modern World. By Zygmunt...

MIDDLE EAST »

ANKARA: Iran and the European Union have agreed to start talks on issues includi...

BRUSSELS/ISTANBUL: NATO gave Turkey its full political support in fighting milit...

CAIRO: At least 25 people died in a fire that gutted an Egyptian furniture facto...

TRIPOLI: A Libyan court passed a death sentence in absentia on Muammar Qaddafi’s...

CAIRO: Arab League foreign ministers will meet in Cairo early next month to disc...

WORLD »

NEW DELHI: India’s Supreme Court has put off by a day a decision on whether to s...

ADDIS ABABA: Barack Obama on Tuesday condemned African leaders who refuse to ste...

WASHINGTON: Republican White House hopeful Jeb Bush vowed to launch comprehensiv...

PARIS: A French court on Tuesday blocked French National Front leader Marine Le...

LAGOS: Witnesses say Boko Haram extremists shot and killed 29 people in two Chri...

SPORTS »

HAMBURG: Top seed Rafael Nadal bidding to rediscover some semblance of his forme...

GAINESVILLE, Virginia: A frustrated Tiger Woods never imagined it would take so...

KAZAN, Russia: There were medals at stake in the women’s 10-kilometer open water...

KUALA LUMPUR: Two of China’s most storied winter Olympic athletes faced tough qu...

BIRMINGHAM, England: England has moved on from the second-Test, 405-run defeat a...

ECONOMY »

DUBAI, United Arab Emirates: The United Arab Emirates has slashed gasoline subsidies, announcing Tuesday that it will raise the cost of a liter of regular gasoline by 24...
MANILA/LONDON: Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from top consumer China poured funds into its now troubled equities market, an industry report showed.Retail investment from China fell by a quarter and jewellery demand by 23 percent in the April to June period as st...
SAN FRANCISCO: Cyber security firm Zimperium has warned of a flaw in the world’s most popular smartphone operating system that lets hackers take control with a text message.“Attackers only need your mobile number, using which they can remotely execute code via a specially crafted media file delivered via MMS (text message),...
JEDDAH: The Saudi stock market, which has gained nearly 9 percent so far this year, is expected to further improve its performance in 2015, say regional economists.“We still expect the Saudi index to perform postively this year, but we think that a lot of the excitement earlier this year was unfounded,” Francisco Quintana,...
JEDDAH: Suhail Mohamed Faraj Al-Mazrouei, minister of energy for the UAE, will deliver the inaugural address at the upcoming Annual GPCA Forum taking place from Nov. 17-19 in Dubai.The 10th anniversary edition of the forum, the flagship event of the Gulf Petrochemicals and Chemicals Association (GPCA), is themed: Building o...
LONDON: Hedge funds are more bearish about the outlook for US oil prices than at any time for almost five years, according to data from the US Commodity Futures Tra-ding Commission.Hedge funds and other money managers had a net long position in WTI-linked futures and options equivalent to just 118 million barrels of oil on...
After a tough week for sterling there was a largely positive end to the week which saw sterling make marginal gains against the euro whilst holding ground against a resurgent US dollar. With little UK economic data, sterling was able to make slight gains against the euro as both French and German manufacturing data missed e...
DUBAI: Dubai developer Nakheel reported a 53 percent rise in half-year net profit as it handed over finished properties and expanded its other business units.The firm was one of the developers worst hit by Dubai's real estate crash, which consultants Cluttons estimates knocked 49 percent off prices between the third quarter...
GENEVA: Switzerland’s largest bank UBS has posted a 53 percent rise in second quarter profits, in its first results since agreeing to plead guilty to fraud as part of the Libor manipulation case.The bank brought in profits of 1.2 billion Swiss francs ($1.25 billion, 1.1 billion euros), with strong performances from its weal...
MILAN: Automaker Fiat Chrysler will pay a record $90 million for lapses in recalls of its vehicles under a deal reached with US regulators, the company said.The Italian-American automaker will pay a $70-million fine to the National Highway Traffic Safety Administration (NHTSA).It will spend a further $20 million on “consume...
KUALA LUMPUR: Discount carrier AirAsia on Monday called for urgent repairs at Malaysia's new budget airline terminal, claiming the tarmac was "sinking".AirAsia chief Tony Fernandes criticized Malaysian aviation officials after a plane came off its chocks, a block that braces the wheel, at the KLIA2 terminal in Kuala Lumpur...
RIYADH: Saudi Basic Industries Corp. (SABIC) plans to expand investment in US shale gas projects through joint ventures, according to acting CEO Yousef Al-Benyan.SABIC signed an agreement with a Houston-based firm to get shale gas, Al-Benyan was quoted as saying in a Bloomberg report.Sabic won’t be directly involved in Saud...
JEDDAH: The UAE topped the list of Arab League countries receiving foreign direct investment (FDI) last year with $10.1 billion — 23 percent of the total — followed by Saudi Arabia with $8 billion (SR30 billion), or 18.3 percent. The UAE and Saudi Arabia attracted close to half the total FDI funds, the Kuwait-based Arab Inv...
 
 

OPINION »

Now that Indian cricketer Sreesanth has been found innocent of all charges in ma...
In continuation with our column yesterday, the spurning of the truce is regretta...
As much of the Middle East sinks deeper into division between competing politica...
The US administration’s deal with Iran regarding its nuclear program, which ends...

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ART & CULTURE »

JEDDAH: Custodian of the Two Holy Mosque King Salman has become the king of justice, who is loved by the people of Saudi Arabia, not only as a fair ruler but also as the father of the nation.

Yaara Munshi, a 20-year-old Saudi engineering student at King Abdulaziz University, has drawn almost 300 paintings reflecting her love and respe...

SCIENCE & TECHNOLOGY »

PARIS: A group of leading tech leaders, including British scientist Stephen Hawking and Apple co-founder Steve Wozniak, on Tuesday issued a stern warning against the development of so-called killer robots.
Autonomous weapons, which use artificial intelligence to select targets without human intervention, have been described as “the third re...

FASHION »

Newspapers, magazines and television programs overwhelm us with all kinds of information about hair, skin, nail care, diet and exercise programs but very little concerns our feet. In fact specialized products for the feet still make up a very small percentage of sales.
“There’s actually very little literature about foot care available to th...

TRAVEL »

São Paulo is a beautiful and vibrant city that is among the world’s most populated cities. It is Brazil’s financial center and is home to many cultural institutions and a rich architectural tradition. As such, São Paulo is one of the country’s and indeed, the continent’s most significant areas. In fact, it contributes over a third of Brazil’s Gr...

FOOD & HEALTH »

Ever since its first edition in 1963, this life-changing classic has been republished. “The Power of Your Subconscious Mind” has shown millions of readers all around the world how to use the power of your subconscious mind. You do not need to acquire this power. You already possess it but you can become more powerful, wealthier and happier if you learn how to use it.“When your mind thinks correctly, when you understand the truth, when the thoughts deposited in your subconscious mind are constructive, harmonious, and peaceful, the magic working power of your subconscious will respond and bring about harmonious conditions, agreeable surroundings, and the best of everything. When you begin to...
MADINAH: Numerous studies have attributed the low productivity among employees in the early days upon returning to the workplace after Eid to the limited sleep they receive during public holidays.According to specialists, changes in the biological clock of the human body during the month of Ramadan and holiday occur due to changes in dietary habits and limited sleep, and these have a direct impact on the level of productivity and the body’s ability to adjust.A vast array of scientific research concludes that some of the negative impacts of a lack of sleep on human health are memory impairment, headaches, tension, anxiety and irritability. Hassan Mohammed Thani, a professor of psychology,...
JEDDAH: Saudi Arabia is the largest chocolate market in the Middle East in terms of consumption with a share of 52 percent compared to the remaining Arab countries. Its annual growth rate is 14 percent, dealers said.The competition has intensified these days because of the chocolate stalls in supermarkets and souks. Ramadan and Eid are considered the golden season for chocolate investors in the Kingdom,” they pointed out. Patchi Chocolate Saudi Arabia CEO Iyhab Yemek said that the growth rate of chocolate sector in the Kingdom is more than 14 percent. He named the cities that consume the most chocolates as Jeddah, Riyadh, Makkah and Madinah.He blamed the high prices on increasing costs of...

OFFBEAT »

BEIRUT: A performance in Israel has cost Iranian-born British singer Sami Yusuf air time in Iran.State television in Ira...
ATLANTA: An initial autopsy on Bobbi Kristina Brown on Monday found no significant injuries and no obvious underlying cause of death for the daughter of the late singer Whitney Houston, who died on Sunday after sustaining irreversible brain damage in January.The Fulton County Medical Examiner’s office in Georgia said Brown, 22, had no previously unknown medical conditions that would have contributed to her death.It also said it has issued subpoenas to help gather documentary information on her death, and would conduct additional tests that are expected to take several weeks.Brown, the only...
NEW YORK: British singer-songwriter Ed Sheeran, whose music career has been soaring, will play a recurring role in a television epic about a medieval warrior, a report said Monday.Sheeran, who was the most popular artist globally last year on streaming service Spotify, will appear on “The Bastard Executioner” series on the FX network, The Hollywood Reporter said.The series, which is being filmed in Wales, follows a 14th century warrior who becomes a traveling executioner.The ginger-bearded 24-year-old will play Sir Cormac, “an ambitious and deadly protege of a high-ranking church elder,” the...

CLASSIFIEDS »

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