Egypt’s Golden Pyramids scraps S.Valley takeover
CAIRO: Shareholders in Golden Pyramids Plaza, owner of the City-Stars mega-mall in Cairo, have rejected a share swap with South Valley Cement, putting an end to their planned merger, Golden…
Egypt 182-day, 91-day T-bills yield steady
CAIRO: The average yield on Egyptian 182-day Treasury bills was 10.084 percent at an auction on Sunday versus 10.086 percent at last week's auction, Central Bank said. The central bank…
Egypt 364-day T-bill avg yield rises to 10.503 pct
CAIRO: The average yield on Egyptian 364-day treasury bills rose slightly to 10.503 percent at an auction on Thursday from 10.380 percent at the last auction on Aug. 5. The…
Direct talks and their potential consequences
The Obama administration's success in moving the Israeli-Palestinian talks from proximity to direct negotiations is an important achievement for making real progress. However, direct talks will not produce substantive results…
The incoherence of the North African state
All Arab governments preside over deeply incoherent institutional structures and systems of governance that negatively impact their ability to effectively serve the public interest. And yet, most regimes purposefully perpetuate…
Environmental hazards know no boundaries
NEVE ILAN: The Central Galilee is known for its expansive open spaces, nature reserves and breathtaking views, but these won't last long if action isn't taken to organize proper waste…
More security flops unveiled in Van Gogh theft
CAIRO: Investigations into the theft of a $50 million Van Gogh painting from a Cairo museum last week, continue to reveal more security flops. Only one single security guard manned…
Thousands flee as Indonesia volcano erupts
JAKARTA: A volcano on the Indonesian island of Sumatra erupted for the first time in 400 years Sunday, spewing a vast cloud of smoke and ash into the air and…
Scientists: We’ve cracked wheat’s genetic code
LONDON: British scientists have decoded the genetic sequence of wheat — one of the world's oldest and most important crops — a development they hope could help the global staple…
Egypt seizes weapons ‘bound for Gaza’
EL-ARISH: Egyptian police in the Sinai Peninsula have seized 190 rockets from which the explosives were to have been removed for smuggling into the Gaza Strip, a security official said…