DUBAI

Blackstone CEO sees more than green shoots

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Private equity giant Blackstone Group's chief executive said the worst of the industry's problems had passed, with improved capital and equity markets finally providing an opportunity to do deals and sell existing investments through IPOs.
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Qaeda's Zawahri attacks Obama, Arabs in new video

Al Qaeda's number two Ayman al-Zawahri appeared on Wednesday in a new video marking the anniversary of the September 11, 2001 attacks, attacking Arab leaders and Barack Obama for their policies on Israel.
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Al Qaeda releases new 9/11 video showing Zawahri

Al Qaeda's number two Ayman al-Zawahri appeared on Tuesday in an apparent new video marking the September 11, 2001 attacks against the United States, according to the SITE Institute, a U.S.-based terrorism monitoring service.
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Thai red shirts rally to mark coup anniversary

Thousands of supporters of exiled former Thai premier Thaksin Shinawatra braved torrential rain and flooding on Saturday in a rally to mark the third anniversary of the billionaire's overthrow by the military.
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Dubai World says suing ex-CEO of unit for fraud

Dubai World, a Dubai government holding company, filed a lawsuit in the United States this week against the former head of a subsidiary it accuses of fraud costing the United Arab Emirates firm millions of dollars.
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Bin Laden warns U.S. on Israel ties: website

Al Qaeda leader Osama bin Laden warned the American people over their government's close ties with Israel in an apparently new audio tape posted on an Islamist website on Monday.
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Dubai exchange merger a possibility: report

A merger between Dubai's top stock exchanges, Dubai Financial Market DFM.DU and Nasdaq Dubai NDAQ.DI, is a possibility, a leading official said, according to newspaper Emirates Business (www.business24-7.ae).
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RBS mulls sale of aviation leasing arm: source

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.
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OPEC likely to hold steady

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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Fresh appetite for Gulf IPOs seen after Ramadan?

The market for initial public offerings (IPO) in the Gulf looks set to reopen as stock markets and the oil price recover, and bankers expect a few companies to test the waters when Ramadan ends.
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Muse poised for global

A lead single about a proletarian revolt against the global banking crisis. A teaser campaign involving a worldwide musical treasure hunt. And an album that ends with a three-part, fully orchestrated symphony about an alternative theory of the creation of mankind. Is Muse the only young, stadium-filling rock band that could get away with this?
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Qatar's Tribeca looks to create regional film hub

The Doha Tribeca Film Festival, Qatar's first film event, said on Monday it wants to create a hub for regional filmmakers in the Gulf Arab state, through education initiatives and community involvement.
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First Eastern eyes U.S. investment bank acquisition

Hong Kong-based private equity firm First Eastern Investment Group plans to invest in a Wall Street bank as part of a strategy to build its presence in every major global financial hub, its chairman Victor Chu said.
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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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Kuwait financier facing U.S. fraud suit found dead

A brash Kuwaiti financier facing a fraud suit by U.S. authorities was found dead Sunday in an apparent suicide that sent shockwaves through the Gulf Arab financial sector.

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