New generation, new challenges in Bahrain
MANAMA: First impressions mean a great deal. Mine go back three years in Bahrain at an Arab Business Council meeting. The voice seemed nearly out of place, a mid-Atlantic accent…
THE REEL ESTATE: Ramadan and death of Egyptian TV Part I
My first memories of Ramadan have always been closely associated with TV. Looking at my ancient video collection, I discovered taped episodes of Rahmy's hugely popular children's series "Bogy and…
Egyptian pound caves in as foreign investors pull out
CAIRO: The Egyptian pound fell to its weakest level in five months, prompting concerns that the troubled global economy could lead the pound to falter further by the year's end.…
With fat revenues and thinning stocks, some Egypt execs say they are 'guilty by association'
CAIRO: As word of bankruptcy at Lehman Brothers and a takeover at Merrill Lynch, two of the world s largest and most influential financial firms, rippled across the globe Monday,…
Rafah crossing to reopen for pilgrims next week
CAIRO: Egypt will temporarily reopen the Rafah border crossing with Gaza next week to allow Palestinians to travel to Mecca, Saudi Arabia to perform the umrah, or lesser pilgrimage.For Muslims,…
Egypt bourse plunges over 4 pct with world markets
CAIRO: Egypt s benchmark index plunged 4.73 percent on Tuesday to its lowest since March 2007 as foreign hedge funds continued to sell big caps, spurring retail panic, brokers said.…
IMF chief warns more banks may close
CAIRO: The global financial crisis is not over and more banks could close, possibly leading to the disappearance of the independent investment houses, IMF chief Dominique Strauss-Kahn told AFP. The…
Kylie Minogue to sing at Dubai private party
Speculation about Madonna s high-priced performance in the oil-rich Gulf was put to rest on Sunday when a managing company for music industry s biggest stars announced that it will…
Le Carre: I considered defecting to Soviets
British espionage writer John le Carre admitted he was tempted to defect to the Soviet Union during the Cold War, in an interview with The Sunday Times newspaper.The 76-year-old author,…
Ramses II temple discovered in Cairo
CAIRO: An Egyptian archaeological team has unearthed a temple and parts of a statue belonging to one of Egypt s most famous pharaohs, in a rare find inside the capital,…
