British Airways says confident in Egyptian market despite 70 pct drop
CAIRO: British Airways announced its commitment to the Egyptian market, despite recent declines that hit the company following the country’s January 25 Revolution. “That time last year, our activity was…
MENA unrest dampens property market outlook, says report
DUBAI: Unrest in the Middle East and North Africa region will lead to delays and cancellations of many real estate projects and may dampen the outlook of regional property markets,…
Egypt sells T-bills worth LE 6 billion as planned
CAIRO: Egypt's central bank said it sold LE 6 billion ($1.01 billion) in domestic treasury bills on Thursday (CBEY), with yields on its 182-day bills declining. The bank sold LE…
OT’s Sawaris casts doubt on Vimpelcom’s Djezzy talks
CAIRO: Egypt's Orascom Telecom (OT) chairman on Thursday ruled out Russia's Vimpelcom succeeding in talks over dispute with the Algerian government over its Djezzy unit. The long-running dispute over Djezzy,…
No nukes?
By Bjørn Lomborg NEW YORK: When parts of Japan were devastated recently by an earthquake and subsequent tsunami, news of the human toll was quickly overshadowed by global fears of radioactive…
A universal library
By Peter Singer MELBOURNE: Scholars have long dreamed of a universal library containing everything that has ever been written. Then, in 2004, Google announced that it would begin digitally scanning all…
Wickets and wariness
By Shashi Tharoor NEW DELHI: India-Pakistan relations — a challenge at the best of times, and in the doldrums since the terrorist attacks on Mumbai of November 2008 – received an…
From victim to survivor: a foundation for peace
By Colin Parry LONDON: My 12-year-old son Tim was killed on 20 March 1993 by a bomb planted by the Irish Republican Army in Warrington, England. He was shopping for football…
Almodovar, Malick films selected for Cannes competition
Spanish director Pedro Almodovar's "The Skin That I Inhabit" and US director Terrence Malick's "Tree of Life" are among 19 films competing at the 64th Cannes Film Festival, organizers said…
The Doctor’s in for Another Season
The medical drama “Lahazat Harega” (Critical Moments) has already started rolling its cameras for its run into the third season. Produced by Dubai-based Outlook Entertainment , “Lahazat” is the first…