Egypt's EFG-Hermes says Q1 profit more than triples
CAIRO: Egyptian investment bank EFG-Hermes on Monday said its net profit more than tripled year-on-year in the first quarter of 2010. The firm made a net profit of LE 484…
Yemen seeks release of kidnapped Chinese oil workers
SANAA: Yemeni security forces have launched an operation to free two Chinese oil workers a day after they were kidnapped by tribesmen in an eastern province, the Shabwa governor said…
Abbas to meet US envoy on Wednesday, say Palestinians
RAMALLAH: Palestinian president Mahmud Abbas will meet US envoy George Mitchell Wednesday to discuss final status issues in indirect peace talks with Israel, the chief Palestinian negotiator said Monday. "The…
Egyptian Gulf Bank Q1 net profit fell 44 percent
CAIRO: Egyptian Gulf Bank's third quarter net profit fell 44 percent to LE 22.6 million ($4.0 million), Egypt's stock exchange said on Monday. Net profit for the first quarter of…
UN Hariri court to file charges by year's end, says official
BEIRUT: A UN tribunal probing the 2005 murder of Lebanese ex-premier Rafiq Hariri could file charges by the end of the year, the head of the tribunal said in an…
Egypt shares dip as EFG-Hermes falls
CAIRO: Egypt's main index slid 0.8 percent, led by EFG-Hermes despite reporting that first quarter net income more than tripled and its board recommending a LE 2 per share special…
Iran inks deal to send low enriched uranium to Turkey
TEHRAN: Iran inked a nuclear fuel swap deal Monday which commits it to ship 1,200 kilograms of low enriched uranium to Turkey, potentially ending a standoff with world powers gearing…
Mubarak head to Italy on first trip abroad since surgery
CAIRO: President Hosni Mubarak will travel to Italy on Tuesday on his first trip abroad since undergoing surgery in March, the official MENA news agency reported. Mubarak, who will be…
Too black, too Brit: Zephaniah's answer
Rastafarian poet Benjamin Zephaniah wears it all on his sleeve: his politics, his veganism, and his dreadlocks. And he talks about it in a grammar and spelling all his own.…
How one Palestinian village started a movement
NEW YORK, New York: Most of the media coverage surrounding the Israeli-Palestinian conflict focuses on stories of violence and despair. Little is known about the growing Palestinian-led non-violent movement that…