Muslim-Christian tension threatens to erode culture of tolerance, says Boutros-Ghali
By Marwa Al-A'asar CAIRO: Simmering tensions between Egypt’s Muslims and Christians threaten to permanently erode our historic culture of tolerance, Boutros Boutros-Ghali wrote in an opinion article published in The Wall…
Egypt striker Mido ready to rejoin Cairo’s Zamalek
CAIRO: Egyptian striker Ahmed “Mido” Hossam is set to rejoin Cairo club Zamalek on a three-and-a-half-year contract. The Egyptian club's website said Thursday the much-traveled Ajax player arrived in Cairo…
New climate data shows warming world, says WMO
GENEVA: Last year tied for the hottest year on record, confirming a long-term warming trend which will continue unless greenhouse gas emissions are cut, the World Meteorological Organization (WMO) said…
People rushing to premature conclusions on Tunisia, says former American diplomat
CAIRO: People are rushing to conclusions about the repercussions of the Tunisian revolution and whether Egypt could follow suit, former US Deputy Secretary of State John Negroponte told Daily News…
UAE’s Masdar closes $290 mln fund, eyes third fund
Abu Dhabi's green energy firm Masdar plans to launch its third investment fund, after it closed a $290 million clean-tech fund late last year, highlighting growing interest in renewable energy,…
Jordan buys 150,000 T US hard wheat
Jordan bought 150,000 tons of US origin hard wheat for March/April shipment at $382 a ton C&F to raise stockpiles and hedge against further price increases, a grains official told…
Lebanon’s Bank Audi 2010 net up 22 percent
Lebanon's Bank Audi said on Thursday its 2010 net profit increased by 22 percent in 2010 to $352 million as its loans and deposits grew. The bank said total assets…
Qatar tenders to buy 24,000 tonnes rice
Qatar's state purchasing agency is tendering to buy 24,000 tons of basmati rice, European traders said on Friday. Bidding deadline was Feb. 21. Optional origin was sought. Qatar had previously…
Cairo upgrades battered taxis, cleans up image
CAIRO: Grimy old Fiats and Ladas have long been a defining feature of Cairo's creaking taxi fleet, clogging the city's streets and sputtering out fumes. Now the scruffy black-and-white cabs…
Emerging consumers relatively upbeat: CS survey
LONDON: More than a third of people in the major developing economies expect their finances to improve in the next six months, reflecting relative confidence about the outlook as only…