Syria moving slow and steady
DAMASCUS: In March, the long-anticipated Damascus Stock Exchange (DSE) was launched and now, some six months into trading, the DSE has 11 companies listed, with three more currently undertaking initial…
Global M&A activity involving SWFs recovers in Q2
LONDON: Global corporate M&A activity involving sovereign wealth funds recovered sharply to $3.61 billion in the second quarter, although the figure is less than a fifth of the volume at…
Oil rises to 6-week high on US jobs data
LONDON: Oil posted gains on Friday, briefly touching a six-week high as markets rose on the release of better-than-expected job-loss numbers out of the United States. By 1300 GMT US…
Palestinian Fatah party to renew leadership in 20-year first
BETHLEHEM: Fatah members were preparing on Friday to elect a new leadership for the first time in 20 years, hoping to breathe new life into the secular Palestinian party weakened…
Rafah crossing remains open for five days
CAIRO: The Rafah border crossing remained open Friday for Gazans, which meant the scheduled opening was extended to five days instead of the initially planned three.The decision to extend the…
Police: 37 die in Iraq as bombs target Shias
BAGHDAD: A series of bomb attacks targeting Shia pilgrims and worshippers struck Iraq on Friday, killing at least 37 people and seriously damaging a mosque, police and medical officials said.The…
Tipping point: Richest nations see baby boom
The once ironclad axiom that the wealthier a nation the lower its birthrate is reversed when countries pass a certain threshold of development, according to a study released Wednesday.Most of…
Researchers identify cells that say 'scratch me'
Got an itch to scratch? Scientists have pinpointed a key group of cells that sends itch-alerts to the brain. When researchers at Washington University in St. Louis knocked out those…
Eating and relaxing: Orders of the day
Whenever friends come to visit me from abroad, we usually head over to the Four Seasons Nile Plaza for some reason or another. How can we resist? The city's premier…
Foie gras or caviar? Ice creams to surprise the taste buds
French chef Philippe Faur believes his delicacies are more than just desserts.He dares to make savory ice cream.His caviar, foie gras and Roquefort flavors accompany dishes at his restaurant and…