Arab states should shun calls to invest in West, says Arab League
KUWAIT CITY: Arab countries should not bow to pressure from Western countries to use their surplus funds to help resolve the global economic crisis, an Arab League official said in…
Orascom Telecom unit buys Namibia's Cell One
CAIRO: A subsidiary of Egyptian telecom giant Orascom Telecom (OT) has bought Namibian mobile operator Cell One in a $59 million cash deal, OT said on Wednesday. OT, the biggest…
Expert tips to surviving the financial crisis
CAIRO: "Are these bad times? The obvious answer is yes. So what do we do? Mohamed Sultan, general manager of Procter and Gamble Egypt, asked. "We focus on fundamentals that…
Subdued Sundance predicted as festival opens today
The 25th Sundance Film Festival gets underway Thursday with more than 100 movies due to be screened over the 10-day carnival, the world s largest marketplace for independent film.Against a…
Maadi's Kotob Khan joins publishing bandwagon
In recent years, Egypt's publishing houses have started to invest in harvesting a new pool of talent to capitalize on the current literary boom.Malamih, for instance, are chiefly catering their…
Deflation and Democracy
PRINCETON: The history of finance is partly the history of a struggle for a stable, secure way to measure value. And, like any quest for certainty in our unpredictable world,…
The right to self-defence is not a strategy for peace
WASHINGTON DC: From an Israeli perspective, the cost in international outrage and Palestinian civilian lives of the current attacks on Gaza is worth the price of crushing Hamas's firepower. The…
Decoding Egypt: The broken wings of Egypt's propaganda machine
CAIRO: Since the beginning of Israel's war on Gaza, the official Egyptian propaganda machine has been working at full capacity, but what it has produced is a mixture of sheer…
Israel's online information war
CAIRO: When Israel launched Operation Cast Lead on Gaza, it simultaneously launched a media war in an attempt to justify its offensive.But instead of limiting itself to conventional mainstream media,…
Media banned from entering Rafah, say frustrated journalists
CAIRO: Egyptian authorities have reportedly banned the media from entering the village of Rafah, citing "safety concerns. The village lies approximately two kilometers away from the Rafah crossing which the…
