Egyptian Resorts H1 net drops, no land sales
CAIRO: Real estate firm Egyptian Resorts' net profit plunged by more than 90 percent in the first six months of 2010, the bourse said on Sunday, after the company failed…
Egypt’s banking is ‘solid’ but MFIs are lacking, says new Oxford Business Group report
CAIRO: “Egypt’s economy managed to pull through the global economic crisis with only minor bruises,” says the latest Oxford Business Group (OBG) annual country report on Egypt. The report says…
Jordan sends aid to Pakistan
AMMAN: A Jordanian plane carrying 3.5 tonnes of food and medical supplies left for Pakistan on Sunday to help aid millions of people hit by devastating floods, an official said.…
Landmark anti-shooting wall razed on Jerusalem outskirts
JERUSALEM: Israeli troops on Sunday began demolishing a huge concrete wall erected nine years ago to prevent shooting attacks towards Gilo, a Jewish neighborhood in occupied east Jerusalem. Soldiers wearing…
Nine killed in Iraq attacks, officials
BAGHDAD: A series of roadside bombs and shootings killed nine people, including two policemen and three worshippers, in and around Baghdad on Sunday, security officials said. Twenty people were also…
Al-Qaeda leader says Turkey kills Muslims
CAIRO: Al-Qaeda's No. 2 offered his condolences for the nine Turkish pro-Palestinian activists killed in a confrontation with Israeli commandos, but slammed the Turkish government for its support of Israel,…
Jordan trying for release of abducted officers in Darfur
AMMAN: Jordan said on Sunday it was trying to secure the release of two nationals deployed with the joint UN-African Union peacekeeping force (UNAMID), abducted at gunpoint in Sudan's Darfur…
Kabylie chairman condemns Ahli bus incident
CAIRO: Algerian JS Kabylie chairman Mohand Cherif Hannachi offered his apologies to the Ahli delegation following an incident where the Egyptian team's bus was attacked Saturday night. The bus incident…
Lebanon bans Iranian-made biopic of Christ
Two Lebanese television networks were banned Friday from showing an Iranian-made biopic on the life of Jesus Christ, officials said after the film sparked outrage among the country's Christians. "General…
Dance crews lock in a livelihood through hip-hop
Matt Nguyen's career options once amounted to hair cutting or maybe military service. But the 21-year-old dancer nicknamed "Dumbo" now makes $4,000 a month cutting up dance floors and battling…