- Britain will Continue to Support Dubai
The British government will continue to support Dubai through this difficult period and believes that the emirate’s economy will recover, UK Business Secretary Lord Peter Mandelson said on Sunday.
- All options open at OPEC meeting
ALGIERS – All options are open at the next meeting of the Organization of Petroleum Exporting Countries (OPEC) in March, Algerian Energy and Mines Minister Chakib Khelil said on Sunday.
- Saudi bank defends dollar as key reserve currency
JEDDAH – The Saudi central bank chief on Sunday defended the US dollar’s role as the world’s main reserve currency and rejected calls for the International Monetary Fund’s SDR to be given reserve status.
- Yemen military helicopter crashes, up to 10 dead
SANAA – Ten Yemeni soldiers are believed to have been killed in a helicopter crash in the northern Saada region where Sanaa has battled Shi’ite insurgents on and off since 2004, an official said on Sunday.
- Abbas suspends official at centre of sex scandal
RAMALLAH, West Bank – Palestinian president Mahmud Abbas has suspended his chief of staff pending results of an inquiry into allegations he solicited sex from a job applicant, the official Wafa news agency said Sunday.
- Yemen rebels to hand over Saudi soldiers: report
RIYADH – Yemeni Shi’ite rebels are expected to hand over five captive Saudi soldiers in less than a week, a Saudi-owned newspaper reported on Sunday, following a 48-hour ultimatum by the world’s top oil exporter.
- Iran’s top presidential aide vows more good news
President Mahmoud Ahmadinejad’s top aide has declared that further good news on Iran’s scientific progress will be soon shared with the nation.
- Guest house fire kills Iranian boy in Karbala
An early morning fire at a guest house in the central Iraqi city of Karbala has killed an Iranian boy and left the parents of the child with moderate burns.
- Iran sealing eastern borders to stem drug flow
Iran’s Interior Minister Mostafa Mohammad-Najjar says his ministry has allocated a large budget to close off Iran’s eastern borders against drug trafficking.
- Mines, snipers slow progress in Afghan offensive
Militants fleeing a massive assault in southern Afghanistan aimed at clearing Taliban from their last stronghold are booby-trapping villages as they go, commanders said Sunday.