Peacemaking's added angle
BENSALEM, Pennsylvania: Reports that the Obama Administration will propose a peace initiative clearly hints at the level of frustration Washington is feeling. It is also clear that a real peace…
Kyrgyzstan's new window of opportunity
WASHINGTON, DC: After resigning in the wake of bloody anti-government protests that left 86 dead and more than 1,500 wounded, the exiled former President of Kyrgyzstan Kurmanbek Bakiyev told reporters…
A cloud over airplane safety
PRINCETON: When airports across Europe reopened after the closure caused by the eruption of Iceland’s Eyjafjallajökull volcano, it was not because the amount of ash in the atmosphere had dropped,…
The abuse of history and the Iranian bomb
TEL AVIV: Saturated with their often tragic history, Jews tend to pay great reverence to the past. But the past, especially when not handled with care, can be the enemy…
Egypt's Eastern eyes 3 pct export rise in 2010-11
CAIRO: Egyptian cigarette monopoly Eastern Company said it planned to raise exports 3 percent to LE 62.1 million ($11.2 million) in its 2010-11 year. Eastern, whose trademark brands include Cleopatra…
MP who proposed shooting protestors 'reprimanded'
CAIRO: The People’s Assembly (PA) reprimanded National Democratic Party member Nasha’at El-Qassas on Sunday for proposing that police “shoot” protestors last month in the wake of the April 6 demonstrations.…
Egypt opens bidding for two cement licenses
Egypt opened bidding for two cement production licenses on Monday but will not allow existing cement firms in Egypt to bid in an effort to boost competition and bring down…
Egypt's HDB says rights issue 71 pct covered
Egypt's Housing and Development Bank said a rights issue had been 70.8 percent covered, the stock exchange reported on Monday. The rights issue was part of plans to raise the…
Egypt 266-day T-bills average yield rises to 10.413 pct
The average yield on Egyptian 266-day treasury bills rose to 10.413 percent at an auction on Monday, compared with 10.141 percent at the last auction on April 12. The central…
Nigeria's pay TV launches 24-hour news service
LAGOS: Nigeria's private pay TV station NN24 on Monday began a 24-hour news coverage service in a first for the west African country, its promoters told AFP. "Today is the…