The security trap
CHICAGO: Even as the world becomes more integrated, the word “security” crops up again and again, as in “food security” or “energy security.” Typically, this means a country creating and…
A Saudi school system that once led the way in the Gulf
ABU Dhabi: What do US Secretary of State Hillary Clinton’s closest adviser, Qatar’s princesses and I have in common? One would think, almost nothing. But as young girls, we were…
INTERVIEW: Muwa’adah valid for forward forex contracts, says scholar
KUALA LUMPUR: Muwa'adah is a permissible basis for forward currency transactions, a respected sharia adviser said on Monday, challenging a widely held view which has limited the range of Islamic…
Global M&A involving sovereign wealth funds pick up in Q2
LONDON: Global corporate mergers and acquisitions activity involving sovereign wealth funds rose to more than $12 billion in the second quarter with 33 deals completed, Thomson Reuters data showed on…
OT says Ramadan may be delaying Djezzy talks
CAIRO: The Muslim fasting month of Ramadan may be delaying the start of talks between the Algerian government and Egypt's Orascom Telecom to buy the mobile firm's Djezzy unit, an…
Eritrean death toll on Egypt-Israel border rises to seven
EL-ARISH: An Eritrean woman shot in clashes with smugglers and police on Egypt's border with Israel earlier in the week died of her injuries Sunday, raising the death toll to…
Tosson residents suspend four-month-sit-in, arrested protestor released
CAIRO: Tosson residents suspended a sit-in in front of the Ministry of Agriculture Saturday as they await the final court verdict in their land dispute case, said lawyer Mohamed Ramadan.…
Water cuts leave residents dry
CAIRO: On Thursday residents of Sixth of October governorate were left with no water when the water supply was cut at around 8pm for almost 24 hours. The main pipe…
President’s intensive public appearances aim to counter rumors, boost trust in government, says analyst
CAIRO: While President Hosni Mubarak’s repeated public appearances attempted to counter rumors about a possible decline in his health, it also aimed to regain citizens’ trust in the government, observers…