Algeria, Egypt to form Selena energy joint venture
CAIRO: Algeria s state-owned energy firm Sonatrach is setting up an oil and gas joint venture with two Egyptian national companies, its chief executive officer told Reuters on Saturday. We…
SODIC starts key project, eyes debt
CAIRO: Egypt s Sixth of October Development and Investment (SODIC) aims to raise about LE 1 billion in debt to fund its key projects over the next 2 1/2 years,…
Egypt says Israel stalling on prisoner swap
CAIRO: Foreign Minister Ahmed Aboul Gheit accused Israel on Sunday of stalling on a prisoner swap with Hamas for a captured Israeli soldier by refusing to free certain Palestinian prisoners.…
Egypt envoy to return to Algiers after compensation, says report
CAIRO: Egypt will return its ambassador to Algeria who was recalled last month over a bitter football row only if it receives compensation for vandalized Egyptian property, a newspaper reported…
Lebanon's Solidere unit eyes Saudi, Montenegro
CAIRO: Solidere International, a real estate firm part owned by Lebanon s Solidere, is eyeing land in Saudi Arabia and Montenegro, and aims to sell projects to investors in 2010,…
Arab Cotton Ginning: Towards vertical integration
CAIRO: Arab Cotton Ginning Company (ACGC), currently identified as an integrated textiles group, detailed its restructuring plans on Sunday, which will see it transform into a holding company specialized in…
Antúnez Roca presents the ugly art
Art does not have to be pretty, at least not according to Marcel-Lí Antúnez Roca. The visiting artist from Spain formulates art in a curious mix of animal, man and…
Man, machine, and in between
TÜBINGEN, GERMANY: We are so surrounded by gadgetry nowadays that it is sometimes hard to tell where devices end and people begin. From computers and scanners to mobile devices, an…
Time for a post-American Europe
PARIS: As Barack Obama arrives in Sweden to collect his Nobel Prize, the celebrations expose an awful truth: Europe's admiration for its ideal of an American president is not reciprocated.…
No more walls
JERUSALEM: There is an extraordinary photo of East and West Berliners standing on the remains of the Berlin Wall on 10 November 1989, carrying a banner which reads in English…