Building on Greek-Turkish detente
WASHINGTON, DC: The world remains focused on the Greek financial crisis. But there could be an important positive spin-off: a deeper Greek-Turkish détente. Greece’s high defense spending has contributed to…
Adjust and reschedule or delay and default
BRUSSELS: As Greece activates its €45 billion rescue package with the International Monetary Fund and the European Union, it is becoming clear that a new, far more comprehensive approach is…
France demands release of Iranian filmmaker invited to Cannes
France on Wednesday called on Iran to immediately release jailed filmmaker Jafar Panahi and allow him to take his seat as a member of the jury at the Cannes film…
Spring of theater kicks off with 'Upstairs'
A new feature of this month’s events-packed Spring Festival is theater productions, the first of which premiered at Rawabet Theater on Monday. The productions are part of Tomorrow sidebar, a…
UN rights forum in hot spotlight of controversy
UNITED NATIONS: Fourteen countries were expected to be elected unanimously Thursday to the UN Human Rights Council, to the dismay of non-governmental groups that argue five of them — including…
Attacked Pakistani ambassador leaves Tehran hospital, says IRNA
TEHRAN: Pakistan's ambassador to Iran left a Tehran hospital in good health on Wednesday, a day after he was injured in an apparent mugging attempt by an Afghan assailant, news…
CI Capital expects CIB 1Q10 net profit at LE 445.9 m
CI Capital expects Commercial International Bank’s quarter one 2010 net profit after tax (NPAT) to reach LE 445.9 million, a 15.6 percent increase over the past quarter, according to a…
Egypt opens LE 221 mln polyester plant
Investment Minister Mahmoud Mohieldin opened a LE 221 million polyester plant of the Artificial Silk Co. in Kafr El-Dawwar, an industrial city and municipality on the Nile Delta near Alexandria.…
France Telecom may discuss Orascom asset buy, Tribune says
France Telecom SA Chief Executive Officer Stephane Richard said he is ready to discuss acquiring other assets from Orascom Telecom Holding SAE, although there are no talks about its Algerian…
Egypt oil deals abroad reach $7.4 bln by 2010
Egypt's Minister of Petroleum Sameh Fahmy said the total value of contracts made by oil companies outside the country reached $7.4 billion in 14 countries by 2010. He added that…