Apicorp sells Egypt firm stake to Indian group
The Arab Petroleum Investments Corp (Apicorp) said on Tuesday it sold its 12 percent stake in Egypt's Alexandria Carbon Black Co (ACBC) to India's Aditya Birla Group to free up…
Orascom Telecom sees arbitration on Algeria unit: CNBC
CAIRO: Orascom Telecom (OT) will seek international arbitration soon in a dispute with Algeria's government over the Egyptian company's unit Djezzy, OT's chairman was quoted as saying on CNBC Arabia…
Intel optimistic about local ICT sector for 2011
CAIRO: Intel, which raked in a record $40 billion in revenue this year, is eager to watch that figure expand by entering adjacent markets in not just advanced economies but…
Forum to enhance role of private sector in Arab economic integration
CAIRO: In an initiative to increase the role of the private sector in Arab economic integration, CEOs and presidents representing 27 of the Arab region’s largest cross border companies met…
Kuwait opposition grills PM in secret session
KUWAIT CITY: Kuwaiti opposition lawmakers on Tuesday began quizzing the oil-rich emirate's prime minister behind closed doors over allegations of breaching the constitution and suppressing freedoms. "I am ready to…
WikiLeaks: UAE considered keeping Hamas hit quiet
DUBAI: Diplomatic cables recently released by WikiLeaks indicate authorities in the United Arab Emirates debated whether to keep quiet about the high-profile killing of a Hamas operative in Dubai in…
Iran hangs ‘Mossad spy’, say state media
TEHRAN: Iran on Tuesday hanged a man found guilty of feeding Israeli spy agency Mossad with Iranian military secrets and information on its missile program over a period of six…
Haifa’s fire and the world’s double standards
By Diana Buttu With several international aircraft maneuvering the skies, the scene resembled a synchronized air show with airplanes diving and peaking in perfect tune. Bright yellow fire-extinguishing aircraft ascended sharply…
America’s political class struggle
By Jeffrey Sachs NEW YORK: America is on a collision course with itself. This month’s deal between President Barack Obama and the Republicans in Congress to extend the tax cuts initiated…
Is eradicating polio a good idea?
By Arthur Caplan PHILADELPHIA: Polio broke out in Central Asia this year, with 560 cases reported in Tajikistan. Cases have also been diagnosed in Russia and Uzbekistan, apparently transmitted by infected…
