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…
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,…
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…
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…
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…
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,…
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…
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…
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…
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…