Egypt braces for Libya refugee exodus
SALLUM: Aid agencies on Egypt's border with Libya are preparing to face a refugee exodus if Muammar Qaddafi’s forces make good on their threat to fight their way into rebel-held…
Aswan steel plant to reopen after years of ‘monopoly’
CAIRO: Aswan Governor Moustafa El-Sayed has ordered the reopening of a steel production plant in the governorate after a 12-year closure, according to local reports. El-Sayed attributed the plant’s closure…
Aswan steel plant to reopen after years of ‘monopoly’
CAIRO: Aswan Governor Moustafa El-Sayed has ordered the reopening of a steel production plant in the governorate after a 12-year closure, according to local reports. El-Sayed attributed the plant’s closure…
Capital flight threatens Bahrain, FX peg safe
DUBAI: Capital flight from Bahrain is starting to pressure its currency and threaten its position as a Gulf financial center, though it looks likely to avoid a full-blown currency crisis…
SODIC posts 2010 net profit, reversing loss
CAIRO: SODIC, Egypt's third-biggest listed developer, swung to a net profit of LE 135.3 million ($22.8 million) in 2010 and doubled project sales, it said on Thursday. The high-end real…
Egypt’s enduring tourism appeal
CAIRO: There are signs that Egypt’s tourism industry may be set to recover far more quickly than expected from the two months of political turmoil and protests that brought the…
Iraqi city rushes to get ready as Islamic culture capital
A half-billion-dollar effort to showcase Iraq's holiest Shia city to the world is coming down to the wire as many contracts remain unsigned and funds are being hastily re-allocated. Preparations…
Egyptian experimental film rediscovered
In the long history of Egyptian cinema, experimental film has always been a rarity, overlooked by critics and ignored by art-house audiences. Produced in early 1970s, Nagy Shaker’s experimental film…
Not up to the task
The Obama administration had no contingency plan for addressing revolutions in the Middle East. Intelligence officials explained that regime changes were possible: this particular country faced dangers of one kind,…
A wakeup call for Americans
LOS ANGELES, California: Last month, the Islamic Circle of North America (ICNA) Relief sponsored a fundraising dinner in Yorba Linda, California to raise money for women’s shelters and hunger relief…