Fortune list shows Chinese state firms' dominance: analysts
SHANGHAI: Heads may have turned when more Chinese firms than ever made Fortune s list of 500 top global companies, but experts say the increase reflects Beijing s power -…
Orascom listed companies change names to eliminate confusion
CAIRO: The names of Orascom subsidiaries Orascom Hotel and Development (OHD) and Orascom Hotel Holdings (OHH), will be changed, Orascom Development announced Wednesday at a press conference. The decision to…
The Suez Canal, 140 years on
CAIRO: In the middle of the Sinai desert on April 25, 1859, Ferdinand de Lesseps, a French vice-consul in Egypt, told Egyptian peasants, "You will dig with your pickaxes, and…
Millions wasted on lavish reworking of 'Praxa'
The much-touted revival of Tawfiq Al-Hakim's "Praxa - based on Aristophanes' "Lysistrata - about the role women could play in government and putting an end to a needless war, has…
All stimulus roads lead to China
BEIJING: Now that the "green shoots of recovery have withered, the debate over fiscal stimulus is back with a vengeance. In the United States, those who argue for another stimulus…
Obama will not give
ARLINGTON, VA: President Obama will not give in to Israel when it comes to settlements. Both he, Secretary Clinton and Special Envoy Mitchell have made it abundantly clear: "not one…
Editorial: All hail the Glorious Revolution
CAIRO: In his July 26, 1952 speech calling on Egypt's last monarch King Farouk to abdicate, General Mohamed Naguib, who headed the Free Officers that overthrew the king said: "In…
US image abroad surges under Obama, says poll
WASHINGTON: President Barack Obama s popularity has boosted America s image abroad even though deep suspicions about the US persist in the Muslim world, according to a poll released Thursday.The…
Global financial crisis trickles down, says survey
CAIRO: The global recession has diminished Egyptian individuals' confidence in their financial situation and limited their spending habits, according to a recent survey of the Arab world conducted by the…
Health ministry silent on H1N1 updates as WHO stops reporting new cases
CAIRO: Calls to the Egyptian Ministry of Health regarding the number of swine flu cases in Egypt have gone unanswered since the announcement Sunday of 10 new cases, brining the…