International Business News - Middle East/Africa http://hk.ibtimes.com/subsection/globalnews/meafrica.htm All articles are copyrighted by IBTimes.com 400 100 http://hk.ibtimes.com/ http://hk.ibtimes.com/images/top_logo_ibt2_3.gif The Jeddah Summit attended by 35 countries (including OPEC members), seven international organizations and 25 oil companies, concluded on a bittersweet note on Sunday with world's largest oil producer Saudi Arabia promising to increase oil output by 200,000 barrels per day (bpd) in the month of July, which some nations say is still not enough. http://hk.ibtimes.com/articles/20080624/crude-energy-jeddah-oil-opec-price-speculation.htm Tue, 24 Jun 2008 09:30:11 EDT Oil prices rose Monday on disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline. Retail gas prices, meanwhile, inched lower overnight, but appear unlikely to change much as long as oil prices stay in a trading range. http://hk.ibtimes.com/data/articleimgs/2404-.jpg http://hk.ibtimes.com/articles/20080624/oil-nigeria.htm http://hk.ibtimes.com/articles/20080624/oil-nigeria.htm Tue, 24 Jun 2008 09:08:30 EDT Opposition leader Morgan Tsvangirai pulled out of Zimbabwe's violence-wracked presidential runoff Sunday, declaring that the election was no longer credible and the loss of life among his supporters was simply too high. http://hk.ibtimes.com/data/articleimgs/2392-.jpg http://hk.ibtimes.com/articles/20080623/zimbabwe-leader-out-election.htm http://hk.ibtimes.com/articles/20080623/zimbabwe-leader-out-election.htm Mon, 23 Jun 2008 10:00:29 EDT King Abdullah said Sunday that Saudi Arabia was not to blame for soaring oil prices and instead pointed his finger at speculators, high fuel taxes in consuming countries and increased oil consumption in developing economies. http://hk.ibtimes.com/data/articleimgs/2378-.jpg http://hk.ibtimes.com/articles/20080622/saudi-king-blames-oil-prices-speculators-taxes.htm http://hk.ibtimes.com/articles/20080622/saudi-king-blames-oil-prices-speculators-taxes.htm Sun, 22 Jun 2008 20:10:27 EDT Saudi Arabia's oil minister says the kingdom is willing to produce more oil if customers need it, but he cited no specific production increase. http://hk.ibtimes.com/data/articleimgs/2384-.jpg http://hk.ibtimes.com/articles/20080622/saudi-arabia-increase-oil-production.htm http://hk.ibtimes.com/articles/20080622/saudi-arabia-increase-oil-production.htm Sun, 22 Jun 2008 20:10:27 EDT A car bomb ripped through a busy commercial street in a Shiite area of Baghdad on Tuesday, killing at least 51 people and wounding scores more in the deadliest blast in the capital in more than three months. http://hk.ibtimes.com/data/articleimgs/2347-.jpg http://hk.ibtimes.com/articles/20080618/car-bomb-kill-baghdad.htm http://hk.ibtimes.com/articles/20080618/car-bomb-kill-baghdad.htm Wed, 18 Jun 2008 12:00:29 EDT The European Union agreed Monday on the need to sharpen sanctions on Iran — possibly targeting the oil and gas sectors in what would mark Europe's strongest punishments yet to discourage Tehran's nuclear ambitions. http://hk.ibtimes.com/articles/20080617/iran.htm Tue, 17 Jun 2008 11:33:08 EDT U.S. Secretary of State Condoleezza Rice made it clear Sunday she is unhappy about Israel's ongoing construction in areas Palestinians want for their future state, giving the issue prominent mention ahead of meetings with Israeli leaders. http://hk.ibtimes.com/data/articleimgs/2305-.jpg http://hk.ibtimes.com/articles/20080616/rice-jerusalem-palestinians-peace-deal.htm http://hk.ibtimes.com/articles/20080616/rice-jerusalem-palestinians-peace-deal.htm Mon, 16 Jun 2008 09:00:16 EDT Ahead of the presidential run-off on June 27, the Zimbabwean government has launched a crackdown on the opposition Movement for Democratic Change (MDC) party, arresting their leaders and accusing them of "treason," even as President Robert Mugabe threatened that there would be a "war" if the present regime was voted out of power. http://hk.ibtimes.com/articles/20080615/biti-election-mugabe-tendai-tsvangirai-violence-zimbabwe.htm Sun, 15 Jun 2008 23:00:16 EDT Iranian leader Mahmoud Ahmadinejad called President Bush a "wicked man" Wednesday. Addressing thousands of people in this central city, he said Bush had set out to damage Iran but failed to halt its nuclear program and would not succeed in his goal of attacking the Islamic republic. http://hk.ibtimes.com/data/articleimgs/2271-.jpg http://hk.ibtimes.com/articles/20080612/iranian-bush.htm http://hk.ibtimes.com/articles/20080612/iranian-bush.htm Thu, 12 Jun 2008 01:00:49 EDT A Sudanese Airbus carrying 214 people veered off the runway in a thunderstorm and burst into flames late Tuesday, killing dozens unable to escape the inferno. Officials said more than 100 people fled the plane before it was engulfed by towering orange flames. http://hk.ibtimes.com/data/articleimgs/2251-officials-sudanese-plane-crash-kills-dozens.jpg http://hk.ibtimes.com/articles/20080611/sudanese-crash.htm http://hk.ibtimes.com/articles/20080611/sudanese-crash.htm Wed, 11 Jun 2008 15:33:08 EDT A Sudanese Airbus carrying 214 people veered off the runway in a thunderstorm and burst into flames late Tuesday, killing dozens unable to escape the inferno. Officials said more than 100 people fled the plane before it was engulfed by towering orange flames. http://hk.ibtimes.com/data/articleimgs/2244-.jpg http://hk.ibtimes.com/articles/20080611/sudanese-plane-bursts.htm http://hk.ibtimes.com/articles/20080611/sudanese-plane-bursts.htm Wed, 11 Jun 2008 11:00:49 EDT Iraq's prime minister made little headway in easing Iranian opposition to a U.S.-Iraqi security pact, as Iran's supreme leader told him Monday that American troops must leave the country. http://hk.ibtimes.com/data/articleimgs/2236-irans-supreme-leader-opposes-us-iraq-deal.jpg http://hk.ibtimes.com/articles/20080610/iran.htm http://hk.ibtimes.com/articles/20080610/iran.htm Tue, 10 Jun 2008 15:33:08 EDT Green bunches of Yves Saint Laurent's beloved wheat dressed the yellow cloth covering his casket, which stood like a ray of light amid a sea of mourning luminaries clothed in funereal black, his favorite color. http://hk.ibtimes.com/articles/20080606/saint-laurent.htm Fri, 06 Jun 2008 11:23:11 EDT Egyptian archaeologists unveiled on Thursday a 4,000-year-old "missing pyramid" that is believed to have been discovered by an archaeologist almost 200 years ago and never seen again. http://hk.ibtimes.com/data/articleimgs/2195-egypt-uncovers-missing-pyramid-of-a-pharaoh.jpg http://hk.ibtimes.com/articles/20080606/egypt.htm http://hk.ibtimes.com/articles/20080606/egypt.htm Fri, 06 Jun 2008 10:23:11 EDT As of Thursday, June 5, 2008, at least 4,092 members of the U.S. military have died in the Iraq war since it began in March 2003, according to an Associated Press count. http://hk.ibtimes.com/articles/20080606/iraq.htm Fri, 06 Jun 2008 10:23:11 EDT A huge car bomb exploded outside the Danish Embassy in the Pakistani capital on Monday, killing at least six people and wounding dozens more, officials and witnesses said. http://hk.ibtimes.com/data/articleimgs/2142-.jpg http://hk.ibtimes.com/articles/20080602/pakistan-bomb-explodes.htm http://hk.ibtimes.com/articles/20080602/pakistan-bomb-explodes.htm Mon, 02 Jun 2008 20:11:58 EDT Iran may be withholding information needed to establish whether it tried to make nuclear arms, the International Atomic Energy Agency said Monday in an unusually strongly worded report. http://hk.ibtimes.com/data/articleimgs/2093-iaea-iran-may-be-withholding-info-in-nuke-probe.jpg http://hk.ibtimes.com/articles/20080527/iaea.htm http://hk.ibtimes.com/articles/20080527/iaea.htm Tue, 27 May 2008 10:51:09 EDT A U.S. helicopter strike north of Baghdad killed eight people in a vehicle, including at least two children, Iraqi officials said Thursday, insisting all the dead were civilians. The U.S. military said six were al-Qaida militants but acknowledged children were killed. http://hk.ibtimes.com/articles/20080523/iraq.htm Fri, 23 May 2008 18:08:09 EDT The presidential runoff between President Robert Mugabe and opposition leader Morgan Tsvangirai will be held by July 31, election officials said — but the opposition has insisted that it should be next week. http://hk.ibtimes.com/articles/20080516/zimbabwe-president.htm Fri, 16 May 2008 14:00:04 EDT