IFC invests in Egyptian Refining Company
The International Finance Corporation will invest $120 million in Egyptian Refining Company, which will be used to build a $3.7 billion hydro-cracking and coking refinery. The new refinery…
Appeals Court Chairman back-peddles on dissolving judicial district 119, says judge
CAIRO: The Appeals Court chairman has rescinded his decision to dissolve judicial district 119, Vice Chairman of Cassation Court Ahmed Mekky told Daily News Egypt Wednesday. Earlier last week, the…
Popular South Korean actor-singer commits suicide
A popular South Korean actor and singer killed himself Wednesday in distress over career pressures while caring for his terminally ill father, police said, the latest in a string…
Egypt index slips, big caps lead
CARO: Egypt's main index EGX30 succumbed to a global equities sell-off, extending its declines into a seventh session, with big caps leading. Commercial International Bank (CIB) shed 2.1 percent, and…
Here's the Hitch: Hitchens writes a memoir
The coffee is strong, the wine a dry red poured from a tall, swanlike beaker. On a sunny afternoon at his apartment near Dupont Circle, Christopher Hitchens holds up…
Experts call for accurate media coverage of elections
CAIRO: As Egypt braces an election period, People's Assembly ballot slated for October and a presidential race in 2011, media and political experts are leery of local media's ability to…
Pakistan's blasphemy laws need reforming
KARACHI, Pakistan: Sadly, the recent violence against the Ahmadi community, which left 80 worshippers dead at an Ahmadi mosque in Lahore, is not a new phenomenon. Religious minorities in Pakistan…
The Chinese economy's secret recipe
BEIJING: China’s GDP growth this year may approach 10%. While some countries are still dealing with economic crisis or its aftermath, China’s challenge is — once again — how to…
Listening to arsonists
BERKELEY: I had always thought that Barack Obama made a significant mistake in naming the Republican ex-senator Alan Simpson to co-chair the president’s deficit-reduction commission. Simpson was a noted budget…
Decoding Egypt: Thank God South Africa's hosting the World Cup
CAIRO: Press coverage of South Africa has been boosted to an all-time high thanks to the country’s hosting of the 19th FIFA World Cup. Documentaries and media reports broadcast round…