Istithmar expands int`l Footprint with the opening of a new office in China

"Khaled Al Kamda, Vice Chairman, Istithmar, said: "The opening of our office in Shanghai is a significant milestone in the corporate development of Istithmar: it underscores the strong Sino-Arab economical and political relations between the two regions; and demonstrates a...

Studio to delay release of Kite Runner to protect Afghan actors

"The report said Paramount Vantage, the distributor of the movie, made the decision to delayed the release by six weeks to allow time for the film's three schoolboy stars to leave Kabul with their families. The move comes after increasing concerns about how the movie will...

Istithmar reaches definitive agreement to acquire barneys

Dubai (ANTARA News/PRNewswire-AsiaNet) - Istithmar, the leading Dubai based private equity and alternative investment house successfully reached agreement to acquire luxury retailer chain Barneys New York, at a final purchase price of US$942.3 million, after negotiations came...

Hamas wins the fur-lined jackpot

"The unity agreement signed in Mecca last Thursday marked a major victory for Hamas. Khaled Mashaal and Ismail Haniyeh could not have hoped for a greater achievement. Even amid the pressure exerted by the Suadi king, Hamas would not waver and came out stronger as far as the...

Hamas: We'll accept a state for a 10 yr "truce"

Hellooooo. This so-called "truce" is a textbook example of the arab cease-fire known as “hudna”. I hope our political leaders are bright enough to see this “truce” for what it is: an opportunity for the arabs to re-arm themselves without the fear of getting their...

'Mashaal is target for assassination' (Associated Press)

"'Mashaal is target for assassination'  —  Justice Minister Haim Ramon said Wednesday that Hamas's Syria-based leader, Khaled Mashaal, is a target for assassination for ordering the kidnapping of an Israeli soldier in the Gaza Strip.  —  "He is...

CIA 'torture' lawsuit thrown out

"A US court has dismissed a lawsuit brought by a German citizen who says he was kidnapped and beaten by the CIA. Khaled el-Masri aimed to sue former CIA chief George Tenet and other officials for their alleged role in the "extraordinary rendition" programme."