Egypt PM sees inflation in single digits in summer
SWEIMEH: Egyptian Prime Minister Ahmed Nazif said on Friday he expected inflation in Egypt to fall to single digit levels in the summer. Inflation fell to 11.7 percent in the…
Kuwaiti Global investment posts narrower loss
KUWAIT CITY: Global Investment House, a leading Kuwaiti investment firm, on Thursday said its net loss narrowed to 69.5 million dinars ($240 million) from a loss of $1.16 billion in…
Egypt's Central Bank cuts key interest rates
CAIRO: The Central Bank of Egypt (CBE) cut overnight deposit and lending rates, the bank said Friday, in a bid to encourage lending. The bank cut its overnight deposit rate…
THE REEL ESTATE: 'Ein Shams' success may inspire generations
Last time I met independent filmmaker Ibrahim El-Batout, just a couple of months ago, he seemed wary regarding the prospects of a commercial release for his award-winning film "Ein Shams…
The Price of Inaction
BERKELEY: Are the world's governments capable of keeping the world economy out of a deep and long depression? Three months ago, I would have said yes, without question. Now, I…
Towards Muslim-Christian Harmony
Pope Benedict's visit to the Middle East this week has accentuated the need to improve relations between Muslims and Christians at multiple levels. Despite sharing a common Abrahamic lineage, both…
Taking odds: Obama vs. Netanyahu?
WASHINGTON, DC: Reporters are always asking me if I think President Barack Obama would prevail in the oft-predicted "knock down, drag out fight with the Israeli government (and lobby) over…
COMMENTARY: Defining the 'obscene'
CAIRO: In 1964, Nico Jacobellis, manager of an Ohio film arts theater, was convicted and fined $2,500 for showing Louis Malle's controversial film "The Lovers. After extensive deliberations, the US…
US couple who wanted to adopt on trial in Egypt
CAIRO: An American couple, Iris Botros and Louis Andros, thought they were finally reaching their dream of having a child when they came to Botros' homeland, Egypt, to adopt twin…
Rights group criticizes delay of police officer trial
CAIRO: The trial of a police colonel who allegedly physically assaulted a man with learning disabilities is being unnecessarily hampered by the public prosecution office, a rights NGO said.The Nadim…
