Demand or supply?
By Raghuram Rajan CHICAGO: Economics is all about demand and supply. Typically, the two are equal, and, if not, powerful forces push them towards each other. But, with high and persistent…
Silent momentum on climate change
By Achim Steiner NAIROBI: The last two years have been a roller coaster ride in respect to securing a new global treaty to combat climate change. Some even despair that the…
Political lockdown at root of Algeria riots, say experts
ALGIERS: Youths involved in Algeria's worst rioting in decades were protesting not just against rising prices, but against a system that has left them no other way to voice their…
Iconic Sudan singer eyes the future with sadness
KHARTOUM: Adored nationwide, Sudanese musical icon and former exile Mohammed Wardi, who hails from the Nubian north and has sung about unity for decades, says he will be saddened to…
Gunman to appear in court over lawmaker shooting
TUCSON: A 22-year-old man will appear in court on Monday charged with attempting to assassinate a US congresswoman during a shooting spree in Arizona in which six others died, prosecutors…
George Clooney uses Hollywood starpower in S.Sudan
How do you get a long-suffering but little-known slice of Africa on the White House agenda and onto American TV screens? George Clooney knows how. Humble, self-effacing and dressed for…
Arafa to distribute one-for-10 bonus share
Arafa Holding, Egypt's biggest garment exporter, has approved a one share dividend for every 10 owned, it said on Tuesday. The company also distributed one share for every 10 held…
Suez Canal Dec revenue up at $423.4 mln
Revenue from Egypt's Suez Canal rose 2.6 percent month-on-month to $423.4 million in December, the Suez Canal Authority website showed on Sunday. Revenue in November was $412.8 million. The waterway…
Egypt’s auto industry moves up a gear
CAIRO: Reforms in Egypt’s car industry designed to ensure the quality and standardization of car components, along with measures to encourage exports and a scheme to modernize the country’s ageing…
Poll on Muslim-Western relations advocate action, and interaction
NEW YORK, New York: The vast majority of individuals in both Muslim-majority and Western countries surveyed in a recent poll believe greater interaction between them would be a benefit rather…