Israel’s Barak says Arab uprising positive in ‘long run’
TEL AVIV: Popular uprisings sweeping through Arab states will bring positive change in the "long run," Israeli Defense Minister Ehud Barak said on Thursday, despite his country's fears of instability.…
Late MP Kamal El-Shazly’s family fortune to be investigated
CAIRO: An investigation into the wealth of late National Democratic Party MP Kamal El-Shazly was launched in the latest crackdown on former government officials and ministers. Deputy Minister of Justice…
Oil nears $106 amid unrest, strong demand
Oil prices moved up closer to $106 a barrel Friday as political upheaval in the Middle East and signs of strong global demand kept crude near two-year highs. By early…
Alcatel upbeat on Europe, sees risk in MidEast
PARIS: Telecom gear maker Alcatel-Lucent is taking market share from rivals in Europe, but sees risks in some fast-growing Middle East markets because of political unrest, the executive who oversees…
Israel ready to react with ‘great force’: Netanyahu
CAESAREA: Prime Minister Benjamin Netanyahu said Friday that Israel is ready to act with "great force" in response to a spate of rocket fire by Gaza insurgents and a deadly…
Trade ministers studies trade ties, boosting SME with officials
CAIRO: Minister of Industry and Foreign Trade Samir Al-Sayyad met this week with ambassadors of England, Turkey and Hungary to discuss a scheme to attract investments to Egypt and open…
Protests revolutionize political culture of Iraq Kurds
SULAIMANIYA: Protests sweeping North Africa and the Middle East have transformed Iraq's Kurdish region, where an angry public is awakening to political life beyond the authoritarian leaders once seen as…
ICC may open 2nd war crime case against Qaddafi
CAIRO: The International Criminal Court prosecutor said on Thursday he would present a case for possible war crimes by Libya's Moammar Qaddafi in May and that he could open a…
Invest AD asset mgt arm buying Egyptian stocks
LONDON: Abu Dhabi-owned Invest AD's asset management arm has been buying Egyptian stocks this week as the stock exchange reopened after seven weeks and stock prices reached attractive levels, the…
Yemen general says has no desire for office
SANAA: A top Yemeni general who has thrown his weight behind street protests demanding the immediate resignation of President Ali Abdullah Saleh said he has no desire to take power…