Oil recovers from 10-month low, US leads rates cuts
LONDON: Oil on Wednesday recovered from a 10-month low, but stayed negative after the US Federal Reserve led a global round of emergency interest rate cuts to try to shore…
As Egyptian bourse tumbles, analysts and brokers urge investors to stay cool
CAIRO: Two days back from holiday and still no respite for the Egyptian stock exchange, which has been pummeled alongside emerging markets worldwide since it reopened on Tuesday. Despite a…
THE REEL ESTATE: Of fate, love and all that other hubbub
First of all, let me get this out of my system: I hated, hated "Zay El Naharda (Just like Today), the latest Eid release that, apparently, everyone seems to love.A…
Syria's unlikely shepherd
WASHINGTON, DC: A series of meetings between United States and Syrian diplomats, including Secretary of State Condoleezza Rice and her counterpart, Foreign Minister Walid Moallem, at the United Nations last…
The Pirates of Starvation
NEW YORK: Time is running out for Somalia. As many as three million people - one-third of the country - live under threat of starvation. Their lifeline is the sea,…
US-Muslim relations at stake in US election?
NEW YORK: Following a week of devastating economic news, the latest presidential and vice-presidential televised debates have put concerns of foreign affairs back on the campaign agenda - particularly issues…
Decoding Egypt: The Headache of Gaza
Gaza has turned in the past few years into a major preoccupation of the Egyptian leadership and a potential threat to Egypt's national security.Apparently, the push and pull of a…
Tunnel smuggling is booming in Gaza
RAFAH: Gaza s smugglers are going legit: The owners of hundreds of tunnels running under the Gaza-Egypt border have registered with the Hamas authorities, signed pledges to pay workers compensation…
Twelve dead in Egypt building collapse
CAIRO: At least 12 people were killed in the Egyptian port city of Alexandria before dawn on Wednesday when a four-storey apartment block collapsed as families slept, a security official…
USAID project aims at empowering underprivileged women
CAIRO: Aimed at breaking social barriers and building women's professional and leadership skills is a three-year project under the name "Young Women's Leadership Program (YWLP).The YWLP, launched by USAID in…