Pakistanis cannot afford to encourage intolerance
KARACHI, Pakistan: As soon as I heard that gunmen had attacked two Ahmadi houses of worship in Lahore on 27 May, I posted a despairing comment on my Facebook page,…
Egypt's modern-day brain drain
CAIRO: Developing countries have for years suffered from a common ailment known as the brain drain. Symptoms include high unemployment, low rates of job creation, underdeveloped sectors, nepotism, unsatisfactory salaries,…
Suicide attack on US convoy kills two Iraqis
BAQUBA: A suicide bomber on a motorcycle targeting a US military convoy in central Iraq killed two civilians and wounded five other people on Wednesday, a security official said. The…
Israel allows some once-banned products into Gaza
JERUSALEM: Israeli and Palestinian officials say Israel has allowed some formerly banned food items into the Gaza Strip after widespread international criticism of its three-year-old blockade. Palestinian liaison official Raed…
CIB, Mansour Auto launch financing program
CAIRO: Commercial International Bank is partnering with Al-Mansour Automotive Company to provide various financing schemes to consumers looking to buy Opel and Chevrolet models. In a statement, the bank said…
Expansion of infrastructure projects on Egypt's agenda
Minister of Investment Mahmoud Mohieldin announced Tuesday that infrastructure projects account for 5 percent of investments in Egypt compared to 25-40 percent in South East Asia, reported Al-Ahram He added…
DP to expand Ain Sokhna Port
DP World will invest a total of LE 500 million to increase capacity of Ain Sokhna port. The company will take a LE 250 million loan from Commercial International Bank,…
Israel working out details of flotilla raid probe
JERUSALEM: Israel was working out details on Wednesday of a limited internal investigation into its deadly raid on a Gaza-bound flotilla and reportedly was considering easing its blockade of the…
Cargill Russia wheat ship to Egypt delayed: traders
A shipment of Russian wheat destined for a private wheat buyer in Egypt and handled by international commodity trade house Cargill has been delayed at a Russian port, European traders…
Egypt gives ArcelorMittal plant construction deadline
Egypt's Industrial Development Authority has given ArcelorMittal, the world's largest steel maker, an August deadline to start building work on a steel plant or lose its license, an official said…