Oil prices flatten
LONDON: Oil prices were flat on Tuesday when traders turned cautious ahead of key testimony from US Federal Reserve chief Ben Bernanke, analysts said.New York s main futures contract, light…
US Middle East envoy returning to region
WASHINGTON: US special envoy to the Middle East George Mitchell will return to the region at the end of this week, State Department spokesman Philip Crowley said Monday. George Mitchell…
Mubarak in Paris to discuss Mediterranean Union
CAIRO: President Hosni Mubarak attended on Monday the Union for the Mediterranean s second annual meeting in Milan. He addressed those gathered for the event, speaking to the need for…
Quest Means Business: Where the money is
When asked why he robbed banks, the criminal Willie Sutton famously replied: "Because that's where the money is. Willie wasn't wrong. It's less than a year after the threat of…
Mortgage experts discuss Egyptian market
CAIRO: The housing and mortgage sector in Egypt is still at its initial stages, especially when compared to North America or Europe, said Michael Borish, international housing finance director of…
A mirror world reflected in 5th Documentary Film Festival
Al Sawy Culture Wheel's 5th Documentary Film Festival, screening 42 films over July 18-20, provided an occasion to look through many windows to a world afflicted by conflict, poverty, and…
Love in the time of sharia
LAHORE, Pakistan: Today in Pakistan there are two extremes: there are those who wish to impose a rigid, literalist interpretation of religion and then there are the world-weary agnostics who…
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…