US arms sales undermine global human rights, says study

WASHINGTON: The US arms trade is booming - sales reached $32 billion last year - and more than half of the purchasers in the developing world are either undemocratic governments…

Daily News Egypt

New York Times enters talks with lenders

NEW YORK: New York Times Co., publisher of the International Herald Tribune, said Tuesday it is in talks with lenders about debt payments coming due in the next two years,…

AP
AP

Hollywood fears piracy may thrive in economic crisis

Copyright piracy could take a bigger toll on US movies in the current global economic slowdown, including in China where nine out of 10 DVDs sold are pirated, Hollywood s…

Daily News Egypt

Duel-listed gains lead index 2.8 pct higher

CAIRO: Egyptian companies with dual listings elsewhere made strong gains on Thursday as global markets rose, boosting the market into positive territory for the second straight day after an extended…

Daily News Egypt

Arabs urge Obama to focus on Mideast peace

CAIRO: The Arab League has urged US president-elect Barack Obama to focus on resolving the Israeli-Palestinian conflict after he takes office in January, spokesman Hisham Youssef said on Thursday.The 22-member…

AFP
AFP

Obama plans major address in Islamic capital: interview

WASHINGTON: President-elect Barack Obama plans to give a major address in an Islamic capital soon after taking office as he seeks to mend America s image in the Muslim world,…

AFP
AFP

One On One: Rachid details Trade Ministry's stimulus package

CAIRO: While the government s recently announced LE 15 billion stimulus package will weigh on the budget deficit, the pressing goal remains to be supporting growth, said Trade Minister Rachid…

Sherine El Madany

Art space flourishes in slumping economy

While it's not unusual to hear that there aren't enough art galleries in Cairo, a lack of purpose can turn an initially good project into a mediocre affair - as…

Mariam Hamdy

Late publishing mogul Madbouli leaves behind a literary legacy

If you want to stay alive after you die, write something that is worth reading, says an old Arabic proverb. While Mohamed Madbouli, known as "Hajj Madbouli, never wrote a…

Safaa Abdoun

Hail the British pub band

Sometimes it's nice to be reminded of what you're missing by living abroad, either to provoke a little homesick nostalgia, or to re-confirm your resolve to stay away.For some of…

David Stanford