Juhayna Q3 net falls 21 percent
Egyptian dairy and juice maker Juhayna Food Industries Co reported a 21 percent drop in third quarter consolidated net profit to LE 73.7 million ($12.8 million) compared with a year…
Raya nine-month net profit grows 15 pct
Raya Holding for Technology and Communications made a consolidated nine-month net profit of LE 29.2 million ($5.1 million), up 15 percent from a year earlier, the company said on Thursday.…
Egypt October core annual inflation rises to 7.75 pct
Egypt's core annual inflation accelerated to 7.75 percent in the year to October from 7.59 percent in September, the central bank said on Wednesday, on the top end of analysts'…
Iraqi PM to stay on as political deadlock ends
BAGHDAD: Prime Minister Nouri Al-Maliki will return to power for another four-year term after Iraqi lawmakers working late into the night agreed on a tentative deal to form a new…
EU and Israel-Palestine
By Rory Miller LONDON: It is not difficult to understand the European Union’s determination to play a constructive role in solving the Israel-Palestine conflict. Generations of European policy-makers have believed that…
ICLD workers protest after rejecting new gov’t contract
CAIRO: Around 1,000 Information Center for Local Development (ICLD) employees were prevented from reaching the public prosecution office on Wednesday by police officers who penned them in outside Cairo’s Lawyers’…
The Big Blink
By Raghuram Rajan CHICAGO: World growth is likely to remain subdued over the next few years, with industrial countries struggling to repair household and government balance sheets, and emerging markets weaning…
Students must pay for their education
By David B Roberts DURHAM: Some time ago, a tiny island called the United Kingdom ruled the world. Somehow an auspicious confluence of events transpired that meant that the sun…
We the People: restoring sanity in America
By Susan Koscis WASHINGTON, DC: “Hug a Muslim Today” was the first hand-held sign I saw upon arriving at the Rally to Restore Sanity, which was recently held on a beautiful…
Rights groups blast Egypt detention of blogger
By AP CAIRO: An Egyptian blogger who served his prison term is still under detention and being beaten by Egyptian security officers, two human rights groups said Wednesday. In a…
