Indonesia’s democratic Islam
By Alfred Stepan and Jeremy Menchik NEW YORK: The visit by “Barry Obama,” the Indonesian nickname for the former resident and current United States president, to Jakarta is intended, as much…
New Michael Jackson record to be released
A new album by Michael Jackson is to be released next month, including never-before-heard songs by the self-styled King of Pop before his death last year, his record company said…
Lebanon mandates banks for Eurobond refinancing
Lebanon has mandated Bank of Beirut and Credit Suisse to lead manage a refinancing of Eurobonds maturing this month, a source at the finance ministry said on Friday. Finance Minister…
Mansour subsidiary partners with Souq.com
Mantronix, a subsidiary of Mansour Group and sole agents for Samsung consumer electronics in Egypt, launched an e-shop on Souq Egypt www.souq.com, the largest online shopping site in the Arab…
Apache acquires BP’s Western Desert assets
Apache Corporation’s subsidiary has completed its acquisition of BP's oil and gas operations, acreage and infrastructure in Egypt's Western Desert, according to a statement. The transaction marks the final step…
Egypt, World Bank sign for $820 mln energy projects
CAIRO: Egypt and the World Bank signed two new loan agreements on Thursday for two projects totaling $820 million, according to a statement from the bank. “The combined amount of…
Short of talent, Islamic finance taps women scholars
KUALA LUMPUR: When Malaysian Aida Othman signed up for the new law program at the Islamic university, she did not expect to become one the few women with their hands…
Exploring the marketability of volunteer tourism in Egypt
By Sarah Daoud CAIRO: After the US embassy in Cairo and the Ministry of Tourism launched a new initiative to tap the volunteer tourism market, experts helped brainstorm its marketability in…
Constitutional Court to decide on expats’ right to vote in Egypt elections
By Marwa Al-A'asar CAIRO: The Administrative Court referred Thursday the lawsuit calling for granting expatriate Egyptians the right to vote in the parliamentary elections to the Supreme Constitutional Court. The…
Protests as MB candidates face obstacles registering for PA elections
By Heba Fahmy CAIRO: Thousands of Muslim Brotherhood (MB) members held a demonstration on Thursday at Al-Mansheya square in Alexandria while dozens protested in front of the city’s security directorate, spurred…