Reuters Summit: 3 business Islamic banking sees light amid crisis
DUBAI: Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western…
Egypt police raid missile workshop, arrest man
CAIRO: Egyptian security forces raided a workshop in the Sinai peninsula they said was used to make rocket warheads, a security official said on Friday. Police found three rudimentary warheads…
Pirate taxi for hire: Egyptian fishermen change jobs
NAIROBI: An Egyptian fishing vessel and its crew have hung up their nets to venture into the more lucrative business of carrying Somali pirates in the Gulf of Aden, a…
Jordan urges unified Arab stand on peace
AMMAN: Jordan s King Abdullah II on Saturday told Arab foreign ministers that a unified position on the Israeli-Palestinian peace process is key to a solution in the Middle East.…
Bouteflika wins another five-year term
CAIRO: Incumbent Algerian president Abdelaziz Bouteflika, 72, won the presidential race for the third time, as official results indicated on Friday. Bouteflika, who had the constitution changed last year to…
Uproar over Hezbollah leader's televised speech
CAIRO: Egypt is in uproar over the admittance of Lebanese Hezbollah leader Al Sayyed Hassan Nasrallah that a man detained in Egypt is a member of the Shia resistance group.In…
Torture allegations surface in Hezbollah cell case
CAIRO: Allegations of torture surfaced Friday concerning the detainees accused of being members of Hezbollah and planning terrorist attacks in Egypt.Lawyer for five of the detainees, Abdel-Moneim Abdel-Maqsoud, told Daily…
Egypt police kill Bedouin 'weapons smuggler'
AL-ARISH: Egyptian police shot and killed a Bedouin in north Sinai on Saturday and seized munitions concealed in his truck believed to be destined for Gaza, a security official said.…
Brotherhood leader highlights bonds with Iran on Al Jazeera
CAIRO: In an interview with Al Jazeera news channel Friday, Supreme Guide of the Muslim Brotherhood Mohamed Mahdy Akef, praised the young generation of Brotherhood bloggers and highlighted the strong…
Hotel chain sells cars, electronics by machine
In the market for a Bentley sports car, a Jean Paul Gaultier dress or a cell phone, but don t feel like dealing with a pesky salesperson?Literally at the touch…