Justice Minister says army ousted Mubarak on Feb. 10: report
CAIRO: Egypt’s army ousted president Hosni Mubarak from power 24 hours before he officially stepped down, the state-owned Al-Akhbar newspaper reported Sunday citing Justice Minster Abdel-Aziz El-Gindi. El-Gindi was quoted…
IMF may be tougher on Europe after Strauss-Kahn
PARIS: Whatever the outcome of sexual assault charges against its managing director, the International Monetary Fund may take a more distant and tougher line on sovereign debtors in Europe under…
Saudi bourse in talks to join MSCI index: official
DUBAI: Saudi Arabia's stock exchange is in talks with several index providers, including influential index compiler MSCI, to become one of its component, the president of the Saudi Capital Market…
Iraq to bring banks to the masses – by mobile
BAGHDAD: Just a fifth of Iraqis have bank accounts, but 70 percent have mobile phones, so Baghdad is hoping to close the gap by getting people to open accounts, make…
Dubai and Egyptian stock markets eye cooperation
DUBAI: Dubai's main stock market is working with the Egyptian Exchange to make it easier for companies to list their shares on both trading boards. The Dubai Financial Market and…
Egypt’s CPG market sees decline, report says
CAIRO: Egypt’s Consumer Packaged Goods (CPG) market saw a decline of 10.5 percent in February 2011 from January 2011, according to a recent study conducted by The Nielsen Company. The…
Presidential hopeful questioned by Egypt military
CAIRO: A candidate for president of Egypt was hauled in for questioning Saturday because of her outspoken criticism of the nation's military rulers and said she is facing allegations of…
Christian-Muslim affair tests Egypt’s revolution
CAIRO: It started with a Christian woman who wanted a divorce to marry her Muslim lover. With divorce strictly banned by Egypt's Coptic Christian Church, she found no other way…
Rafah convoys turned back, activists protest at Israeli embassy
CAIRO: Convoys carrying activists and aid heading to the Rafah border were turned back at Ismailia on Sunday as hundreds protested in front of the Israeli embassy in Cairo to…
Diana film slams UK royals as ‘gangsters’
According to a provocative new documentary at the Cannes Film Festival, Britain's royals are racist "gangsters in tiaras" and Prince Philip is a womanizing psychopath. The movie "Unlawful Killing" revives…