Egypt, US aim to double bilateral trade
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid and United States Trade Representative (USTR) Ron Kirk said both nations plan to "double the US-Egyptian trade volume in the next…
Egypt dips 0.5 pct in low volumes
CAIRO: Egypt s main index ended 0.5 percent down in low volumes, with Orascom Telecom (OT) dipping to a seven-week trough after more than 3 billion newly issued shares begin…
Stream steps into Egypt's outsourcing industry
CAIRO: An outsourcing call center with the capacity of 1,000 employees will be inaugurated today in Sixth of October. The investor company, Stream, is one of the biggest international outsourcing…
Jailhouse rocks for Philippine Internet dance sensations
From the moment teenager Egan Torrecampo and his fellow prisoners step out of their crowded cells, the maximum-security Philippine jailhouse rocks.Dressed in tangerine jump suits, the roughly 1,500 convicted murderers,…
It's not just about the money
Last year's downturn in art prices flagged up more than ever the precarious nature of the market. Yet there's much more to the Middle Eastern art scene than the business…
Indonesia's multicultural Islam in action
JAKARTA: The birthday of the prophet Muhammad, which fell on Feb. 26 this year, is celebrated by Muslim communities throughout Indonesia with religious services and other special events. In Java,…
Japan's financial truant
TOKYO: When asked if he had ever read the classic economics textbook by Paul Samuelson, something almost all first-year students in the subject read, Japanese Minister of Finance and Deputy…
The EU vs. Democracy
ROME: One of the ways in which the European Union effectively asserts the fundamental values of democracy and the rule of law is through its External Cooperation Programs, whereby, on…
A free people in our land
JERUSALEM: It was never really about the timing. Prime Minister Binyamin Netanyahu s apology to US Vice President Joseph Biden enabled the Tel Aviv University speech to conclude the visit…
Austrian skydiver aims to break record
CAIRO: When he makes that 120,000-foot leap out of his balloon next April, Austrian Skydiver Felix Baumgartner will be the first man to free-fall at supersonic speed equivalent to 690…