Maersk Drilling has struck a four-year $780 million deal with BP for a deepwater rig, and aims to increase its fleet by 6-8 rigs within five years.
Egypt's Citadel Capital plans to scale back investments outside its existing projects until the political and economic outlook becomes clearer, its chairman told Reuters.
An Egyptian court ruled on Tuesday that Egyptians living abroad should be allowed to vote at embassies in upcoming parliamentary and presidential elections, a judicial source said.
Ennahda has vowed it will not establish an Islamic state, but rather a secular, multi-party democracy.
Maersk Drilling, a unit of Danish shipping and oil group A.P. Moller-Maersk , has struck a four-year $780 million deal with BP for a deepwater rig, and aims to increase its fleet by 6-8 rigs within five years.
Moderate Islamists claimed victory Monday in Tunisia's first democratic election, sending a message to other states in the region that long-sidelined Muslim parties are challenging for power after the Arab Spring.
The Arab Spring of pro-democracy uprisings features prominently -- both directly and more subtly -- in the selections at the third annual Doha Tribeca Film Festival, kicking off in the Qatari capital this week.
Moderate Islamists said on Monday their party appeared to be ahead in Tunisia's first free election since an uprising earlier this year that set off the Arab Spring revolts, hinting at a shift in a country long known for its secularism.
U.S. grain and soybean futures rose over 1 percent on Monday in a broad commodities rally as investors bet that European leaders would reach a deal to tackle a euro-zone debt crisis and took heart from an improved manufacturing indicator in China.
The Magic Tree House books have whisked millions of readers on adventures to everywhere from ancient Egypt to feudal Japan. Now, the children's time-travel series is embarking on a new destination: the movie theater.
Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
The United Arab Emirates plans to provide $3 billion in financial aid to Egypt but is still discussing the mechanism to deliver it, a senior UAE official said on Saturday.
Egypt pushed back the closing date for parties to register in a parliamentary election for the second time on Saturday after some politicians asked for more time to do their applications, the head of the election committee said.
As Muammar Gaddafi lay still unburied, Libya's outgoing premier said the coming days posed a crucial test of resolve for the new men of power, who are wrangling over the body, and about a formal end to the war.
The Tea Party Nation blogger who said U.S. small businesses should stop hiring new employees in order to ensure President Barack Obama will not be re-elected expands on her statement. Melissa Brookstone said a global socialist movement is well underway and Obama is connected to it.
The prince was the son of the kingdom's founder, King Abdul-Aziz, who was known as Ibn Saud.
When Libyan Prime Minister Mahmoud Jibril announced Moammar Gadhafi's death Thursday, he began with the words: We have been waiting for this moment for a long time. That must have made many in Libya and in the U.S. feel very good: it never hurts to be reminded that justice exists.
The popular uprisings sweeping the Arab world this year have slowed economies across the region, and now jobs, better governance, and investment are needed, speakers at the World Economic Forum in Jordan said Saturday.
The popular uprisings that have swept the Arab world this year have slowed economies across the region, and jobs, better governance and investment are needed, speakers at the World Economic Forum in Jordan said on Saturday.
General Electric Co reported earnings that met Wall Street expectations, but its shares slipped 1.4 percent as investors worried about declining profit margins at its energy equipment division.
On the day his father, Moammar Gadhafi, was shot and killed by revolutionary fighters who overran his hometown of Sirte, Mutassim Gadhafi died, too.