Wednesday 22 May 2013
 
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Iran denies link to spying ring in Saudi

Iran denied on Wednesday any link to members of a spying ring detained by its Sunni Muslim regional rival Saudi Arabia, according to Iranian media. Saudi state media reported on Tuesday that officials had detained 10 people accused of spying for Iran after arresting 18 people in

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Turkey shuts Syria border after bombings

Turkey has shut its side of the last border crossing with Syria still controlled by President Bashar al-Assad's government, stepping up security following two deadly bombings this month. Fifty-one people were killed when twin car bombs ripped through the Turkish border town o

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Lebanese firm to invest $800m in Sudan

Lebanese farmland investor GLB Invest plans to invest up to $800 million in Sudan to produce animal feed to be sold to Saudi Arabia, its president said on Tuesday. Arab investors have launched farmland and livestock projects in the vast African country, prized for its fertile soi

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Interface showcases new collection

Interface, a leading carpet tile manufacturer, is showcasing its latest collection 'Urban Retreat' at the Index International Design Exhibition currently under way in Dubai. The expo, which opened at the Dubai International Exhibition Centre yesterday (May 20), will run t

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Saudi woman director wins top GFF award

Haifaa Al Mansour, director of the film "Wadjda", has become the first Saudi woman film director to win the "Best Film Award", at the sixth Gulf Film Festival (GFF) held last month. "Wadjda" tells the story of a 10-year-old girl living in Riyadh who

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Bahrain food firms gear up for Ramadan

The Bahrain Livestock Company will import more than 40,000 sheep ahead of Ramadan, the firm said during a meeting attended by importers, food companies and hypermarkets' representatives. Delmon Poultry Company general manager Abdulkareem Al Alawi said his company was ready to suppl

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Bahrain police recover 800 firebombs

Bahrain’s police recovered 800 Molotov cocktails from a pickup truck that was used in an attack on a police station. Officers discovered the stash as 150 men launched a daylight assault on the building in the Sitra area of Bahrain with firebombs and metal rods on May 9 last

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Raytheon to ink $2.1bn Oman arms deal

Raytheon Company, one of the largest US weapons makers, is expected to sign an estimated $2.1 billion deal to sell Oman an air defence system while US Secretary of State John Kerry visits the Sultanate state this week, US officials said. One official, who spoke on condition of an

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Saudi firm delays Sudan deal over dollar curbs

A Saudi firm will hold off its planned project in Sudan to produce wheat and other basic food items until the government eases a ban to repatriate profits, its head said on Monday. Sudan, prized for its fertile land and easy access to irrigation water from the Nile, has been tryi

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Saudi dairy approves $26m dividends

Saudi Dairy and Foodstuff Company (Sadafco) has approved a board recommendation for distribution of dividends worth SR97.5 million ($26 million) at SR3 per share representing 30 per cent of the capital, for the first quarter, said a report. The board approved the proposal at the

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