Egypt, China sign trade MOU
Egypt’s Ministry of Trade and Industry and China’s Ministry of Industry and Information Technology signed a memorandum of understanding (MOU) to further bilateral economic cooperation. One of the possibilities discussed…
No new Egypt telecoms licenses seen before 2013-paper
Egypt is unlikely to offer a second fixed-line telephone license or a fourth mobile phone license before 2013, Egypt's telecommunications minister said in remarks published by the daily Al-Mal on…
Egypt says no change to TMG Madinaty terms: paper
Egypt will not change terms for a new contract for Talaat Moustafa's flagship Madinaty project and will take 7 percent of the project's completed housing units, as in the original…
Kuwait defends banning books at annual fair
KUWAIT CITY: Kuwait's information ministry on Tuesday dismissed criticism from liberal MPs for banning books from a fair due next month while Islamists praised the move. The ministry said in…
Israel navy halts Gaza-bound Jewish boat without violence
ASHDOD, Israel: Israeli naval forces on Tuesday intercepted a catamaran carrying nine Jewish activists toward the Gaza Strip, encountering no resistance as they took control of the sailboat and escorted…
The slave ethos and the African economy
DAKAR: The slump in prices for Africa’s natural resources, which led to chronic deficits in the past, has been reversed. Consumption, fueled by huge Asian demand for African commodities, is…
Solidarity in a pluralist age
VIENNA: Solidarity is essential to democratic societies; otherwise, they fall apart. They cannot function beyond a certain level of mutual distrust or a sense on the part of some members…
Fixing America’s broken housing market
NEW YORK: A sure sign of a dysfunctional market economy is the persistence of unemployment. In the United States today, one out of six workers who would like a full-time…
Iran indicates Oman is seeking release of 2 US men
TEHRAN: Iran on Tuesday offered the first official indication that Oman is playing a role in trying to secure the release of two American men imprisoned for more than a…
Syria hails ‘constructive dialogue’ despite US warnings
DAMASCUS: Syria on Tuesday hailed its "constructive dialogue" with the United States after US Secretary of State Hillary Clinton met her Syrian counterpart Walid Muallem in New York and warned…