Food for revolution
By Harold James PRINCETON: Summits are defined by their location. It is quaint that the 1933 World Economic Conference took place in the Geological Museum in London’s Kensington, at a time…
IMF says welcomes Egypt draft budget, talks ongoing
CAIRO: The IMF welcomed on Thursday the Egyptian government's draft 2011/12 budget, which will increase spending to create jobs and help the poor, and said talks on possible IMF financing…
Egypt judges investigated after criticizing military
By AFP CAIRO: Egypt's justice ministry is investigating three judges who spoke out against military trials of civilians, state media reported on Thursday. The three judges, in media interviews, criticized…
Egypt denies Al-Qaeda presence in Sinai
CAIRO: Egypt on Thursday denied the presence of Al-Qaeda members in Sinai, following charges by Israeli Prime Minister Benjamin Netanyahu that terror groups were mobilizing in the peninsula. "There are…
Why credit cannot bridge the spending gap
By Tarek Elhousseiny As the Egyptian economy slowly starts getting back on track, there have been discussions in the business community, both here and abroad, about the country’s vast potential across…
Islamic trusts could revive Gulf property market
DUBAI: Jordanian Ashraf Hamdan began investing in Dubai's real estate market in 2006, with a few modest rental investment forays before turning his sights on flashier projects as a wave…
Oil falls in Asia amid US economic concern
SINGAPORE: Oil fell in Asian trade Friday, erasing early morning gains that were brought about by a slightly weaker dollar amid concerns over the US economy, analysts said. New York's…
IEA urges OPEC to pump more as oil demand grows
LONDON: Global markets urgently need extra oil as refinery demand is about to rise, the West's energy watchdog said on Friday in another bid to press OPEC to push up…
Singer Shania Twain gets Hollywood star
Canadian country pop diva Shania Twain has been honored with a star on Hollywood's storied Walk of Fame, and voiced surprise that she had come so far. "I mean, why…
Jim James leads My Morning Jacket on new journey
Jim James is on a spiritual quest of sorts, and you're invited to listen in. The My Morning Jacket frontman sat in the prayer room of a church in a…