Risky risk management
LONDON: Mainstream economics subscribes to the theory that markets "clear continuously. The theory's big idea is that if wages and prices are completely flexible, resources will be fully employed, so…
Why did the Palestinian dialogue fail and how can it be revived?
RAMALLAH: The sixth round of national dialogue, a two-sided round of talks between Fateh and Hamas meant to produce an agreement that would restore Palestinian national unity, has ended in…
COMMENTARY: Rethinking the Global Crisis: A Time for Change(makers)
There is a critical mass of creativity and knowledge among us in the Middle East, and it is our duty to cultivate it. Our oldest socio-economic challenges are in dire…
Women, refugees at heart of UN report on Arab development
BEIRUT: Arab states must take measures to combat an expanding list of issues including rising populations, trafficking, unemployment and water scarcity, a UN-sponsored report said on Tuesday.The 288-page report, Challenges…
Word on the street: How Egyptians celebrate the July 23 revolution
CAIRO: Next Thursday will mark the 57th anniversary of the military coup d'etat by a group of young officers, commonly known as "The Free Officers, who revolted against King Farouk…
58.7 percent of street children are in Cairo, says study
CAIRO: Cairo hosts 58.7 percent of Egypt's street children, followed by Giza at 6 percent, a survey conducted by the Ministry of Family and Population showed.Minya and Fayoum both rank…
Danish military unit involved in headscarf row
COPENHAGEN: A Danish military unit has become embroiled in a dispute about Muslim headscarves after it allowed a hijab-wearing woman to complete a training course.The Home Guard, a home defense…
Grand Mufti, Doctors' Syndicate chairman advise against Umrah and Hajj trips
CAIRO: Egypt's Grand Mufti Ali Gomaa and Chairman of the Doctors' Syndicate Hamdy El-Sayed advised against going on Umrah trips (lesser pilgrimage to Mecca) this year, after the Ministry of…
Online university application process smooth, says minister
CAIRO: Egypt's Minister of Higher Education and Scientific Research Hani Helal announced that the new online admission process for governmental universities all set for the 2009-2010 academic year. During a…
Al-Gabbas hits brace on Lierse debut
CAIRO: Lierse s newly-signed striker Mohamed Al-Gabbas made a dream debut with the Belgian second tier by hitting a brace and setting up another goal in his side s 11-0…