News in brief
OT leads Egypt index to 6th session of gains Egypt s benchmark index extended its rally for a sixth session, rising 0.9 percent on continuing speculation heavyweight Orascom Telecom (OT)…
Islamic insurers to see period of consolidation-E&Y
DUBAI: The crowded Islamic insurance industry, which is expected to surpass $8.8 billion in premiums in 2010, will see more consolidations over the next three years as insurers are struggling…
Middle East firms sign $6.6 bln of loans in Q1
LONDON: Middle Eastern companies signed $6.65 billion of syndicated loans in the first quarter, up 30 percent from $5.13 billion in the same quarter a year before, according to Thomson…
Member states push for infrastructure investment at COMESA
SHARM EL-SHEIKH: "The image of Africa does not reflect the positive economic developments that have taken place . and it's time to portray a new image and put Africa on…
Seine River is star of first Impressionist festival
Monet lived near it, Caillebotte sailed on it and any number of them likely spent time in the picturesque cafes along its banks.Now one museum in France has set out…
The return of King Eric
A statement made by an Ahly fan about his dedication to his team sums up the sentiment of millions of Egyptians for whom football represents far more than a game,…
Egypt archaeologists uncover Roman mummy
CAIRO: Egyptian archaeologists unearthed a Roman mummy entombed in an elaborate sarcophagus at an ancient grave site alongside gypsum masks, the antiquities council said in a statement Monday.The one meter…
Distance, not differences, at root of Pakistani integration in Italy
ISLAMABAD/ROME: A closer look at the pattern of Pakistani immigration to Italy and integration into Italian society indicates that it's the distance - and not the difference - between the…
The health of American politics
CAMBRIDGE: When the United States Congress approved President Barack Obama's plan to extend health-care coverage to nearly all Americans, it marked the most important social legislation the country had seen…
Afghanistan is lost without better governance
NEW YORK: President Obama s recent trip to Afghanistan highlighted the growing American and international perception that without better governance Afghanistan will fail. As President Obama apparently made clear in…