Archive of November 2013

ACWA-led consortium to finance, build Saudi Rabigh 2 power plant

KHOBAR: A consortium led by ACWA Power International has entered into a power purchase agreement with Saudi Electricity Company (SEC) to finance, build and operate...

Bavarian Finance Minister blasts ECB's low rate policy

BERLIN: The finance minister for the southern German state of Bavaria attacked the European Central Bank's low interest rate policy on Saturday, saying it threatened...

Mozambique Airlines plane crashes in Namibia, killing 33

WINDHOEK: A Mozambique Airlines plane en route to Angola crashed in a game park in northeast Namibia, killing all 33 people on board, Namibian police...

One killed, at least 10 wounded in Thai violence

BANGKOK: One person was killed and at least 10 were wounded after violence flared near a Bangkok sports stadium hosting a rally by thousands of...

Vatican bank names consultant

ROME: The Vatican bank said on Saturday it had appointed Rolando Marranci, a consultant called in to help improve transparency, as director general to take...

Scottish police say eight dead in helicopter pub crash

LONDON: Eight people are confirmed dead after a police helicopter crashed into a packed Scottish pub on Friday night, the chief constable of police for...

Egypt draft constitution enshrines army role in politics

CAIRO: Egypt new constitution, according to a draft text completed on Saturday nearly five months after the army deposed an Islamist president, will bolster the...

Obamacare website faces crucial weekend after technology overhaul

WASHINGTON: Americans are getting their first look on Saturday at whether a five-week, round-the-clock technology overhaul has made it easier to use the troubled website...

Shots fired as Thai anti-government protests turn violent

BANGKOK: Gunshots were fired and an anti-government crowd attacked motorcyclists and vehicles near a stadium rally by supporters of Thai Prime Minister Yingluck Shinawatra on...

Leading Egyptian activist turns himself in

CAIRO: Ahmad Maher, a symbol of the popular uprising that ousted autocrat Hosni Mubarak in 2011, turned himself in to the authorities on Saturday after...