DUBAI

RBS mulls sale of aviation leasing arm: source

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Royal Bank of Scotland has appointed Goldman Sachs to consider a sale or other options for RBS Aviation Capital, one of the world's biggest plane leasing businesses, a person familiar with the matter said.

OPEC likely to hold steady

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Bloated inventories and the risk of a price slide will trouble OPEC ministers when they meet in Vienna next week, but oil at close to $70 a barrel is expected to convince the group to hold output steady for now.
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Saudi prince spoke to bomber on phone before attack

The Saudi interior ministry on Tuesday issued a recording of a telephone conversation between the prince who heads the kingdom's anti-terrorism campaign and an Al Qaeda militant who tried to assassinate him days later.
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China to start UAE tourist groups

Chinese citizens are allowed to tour another nine nations, including the United Arab Emirates (UAE) in the Middle East, from September 15, according to the National Tourism Administration.
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Indians sentenced to death over 2003 Mumbai blasts

A court on Thursday sentenced to death three Indians found guilty of conspiring with a Pakistan-based militant group to carry out serial blasts in Mumbai in 2003 that killed at least 54 people, officials said.
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Pakistan says Indian evidence on militant leader weak

Pakistan said on Thursday that evidence given by India failed to build a case for the arrest of Hafiz Saeed, the founder of a Pakistan-based group blamed for the Mumbai attacks, a stance certain to stoke anger in India.
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Qaeda tells Obama conditional truce offer stands

Al Qaeda's second-in-command Ayman al-Zawahri said an offer the militant group made to the previous U.S. administration of a conditional truce is still on the table for President Barack Obama.
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Dubai's Emaar Properties posts $351 mln Q2 loss

Dubai's Emaar Properties EMAR.DU, the builder of the world's tallest tower in the Gulf Emirate, made a loss of 1.29 billion dirhams ($351.2 million) for the second quarter after it wrote off the complete book value of its U.S. unit.
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Camel-milk chocolate goes on sale globally

Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
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World's first camel-milk chocolates going global

Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
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Anglo may look for Brazil partner, not defense move

Miner Anglo American is considering finding a partner for its huge iron ore project in Brazil, including from China, but the move is not a defense against an unwanted merger approach from rival Xstrata , sources familiar with the situation said on Monday.
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Heritage Oil, Turkey's Genel agree $6 billion merger

UK-based oil explorer Heritage Oil agreed to merge with Genel Energy International, a unit of Turkey's Cukurova Group CUKRO.UL, to create an oil producer focused on Iraqi Kurdistan worth around $5.5 billion.
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Bin Laden says Obama planted hatred seeds

Al Qaeda leader Osama bin Laden said U.S. President Barack Obama had planted the seeds of revenge and hatred toward the United States in the Muslim world and warned Americans to prepare for the consequences.
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Obama to cement Saudi ties on surprise trip

U.S. President Barack Obama is likely to hear Saudi Arabia's King Abdullah air his worries about the festering Arab-Israeli conflict and rising Iranian influence when he visits Riyadh next week.

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