NY mosque developer claims classic NYC background
NEW YORK: Eight years ago, Sharif El-Gamal was just another ambitious striver from Brooklyn, casting about for career leads and dreaming of a grander future in real estate. A handful…
Dubai World sale of crown jewels seen as last option
DUBAI: Dubai World's willingness to sell prized assets such as ports operator DP World to pay down its debt pile is considered such a drastic move that analysts see it…
Sawiris faces new creditor tussle over Wind Hellas
LONDON: Egyptian billionaire Naguib Sawiris will struggle to pull the same rabbit from the hat that last year left him in control of ailing Greek telecoms group Wind Hellas at…
Hamas politician plays nice with Egypt
GAZA CITY: Despite persistent tensions between the Egyptian government and the leadership of Hamas, which effectively rules Gaza, a high ranking Hamas official sought to tamp down the controversies in…
Egyptian pound weakens against US dollar
CAIRO: The Egyptian pound reached 5.7038 against the dollar this week, its lowest point since January 2007. According to the Economist Intelligence Unit (EIU) Egypt country report for August 2010,…
RIM suggests forum on BlackBerry solution in India
Research in Motion offered on Thursday to lead an industry forum to look at India's need to have "lawful access" to BlackBerry's encrypted mail and messenger in the latest effort…
Citadel completes Rift Valley Railways restructuring
Private equity firm Citadel Capital said its shareholding in the national railway of Kenya and Uganda reached 51 percent after completing a restructuring deal, according to a statement. Through its…
Sports Talk: Possibly Qatar
From one World Cup we jump to another. Not long after South Africa 2010 ended do we now wait to see who will host the 2018 and 2022 World Cups.…
Japanese animated film director Kon dies at 46
Acclaimed Japanese animated film director Satoshi Kon, known for "Tokyo Godfathers," "Millennium Actress" and other prize-winning movies, has died of pancreatic cancer. He was 46. Considered one of Japan's most…
Federer sees Nadal, Murray, Djokovic as Open foes
NEW YORK: Roger Federer will try to reach his seventh consecutive US Open final and reclaim the crown he won five times in a row but Rafael Nadal, Andy Murray…
