Egypt stock upgraded to 'Overweight'
CAIRO: Morgan Stanley upgraded its rating of the Egyptian stock market to "overweight , adding Egypt to the ranks of China, Russia, Brazil, India, Malaysia and Poland as markets in…
'A Prophet' sweeps César French film awards
Director Jacques Audiard s bleak prison drama A Prophet swept France s César cinema awards on Saturday, winning a total of nine prizes including best film and best actor.The film,…
Statue head of King Tut's grandfather found in Luxor
CAIRO: Egyptian archaeologists have unearthed a colossal statue head of the pharaoh whom DNA tests revealed last week was King Tutankhamun s grandfather, the government said on Sunday.The red granite…
Is Fiscal Stimulus Pointless?
The Harvard economist Robert Barro, writing in The Wall Street Journal, recently made an intelligent argument against America's fiscal stimulus. After wading through the drivel of ethics-free Republican hacks and…
Greek lessons for Europe
"It's when the tide goes out that you find out who has been swimming naked, the legendary investor Warren Buffet aptly remarked when the global economic crisis hit. And, as…
Tea Time in America
NEW YORK: Ever since the first "Tea Party convention was held last month in Nashville, Tennessee, with Sarah Palin as one of the keynote speakers, America's political and media establishments…
Learning from the Sadat Years
BRUSSELS: Nearly three decades after his death, the former Egyptian president, Anwar El-Sadat, remains a controversial figure. In Israel and many parts of the West, he is best remembered for…
Dwindling Religiosity: Changing moral standards (Part 2)
CAIRO: The tide of public piety that swept the country in the past few decades was hailed by some social groups as a move towards religiosity, but according to some…