News in brief
Finance Ministry says 45 pct higher tax revenues in July, AugustA recent report released by the Ministry of Finance revealed that tax revenues in July and August 2008 grew by…
Two Arab homes torched in Acre, says police
JERUSALEM: Two Arab-owned apartments were set ablaze in the Israeli town of Acre amid clashes between Jews and Arabs, police said Saturday. Rioting in Acre - one of only a…
France wants Egypt to represent Arab world in G14
CAIRO: France wants Egypt to be the representative of the Arab world in the proposed expansion of the G8 nations which is to become the G14 with the inclusion of…
Mauro Guillen, 10,000 women, and the global economy
CAIRO: In his first trip to Egypt this week, Mauro Guillen was fortunate to find a few minutes to visit the Pyramids. As part of his whirlwind five-day trip to…
Economic powers stress joint action against feared 'meltdown'
WASHINGTON: Key nations threw their support behind efforts to tackle the financial turmoil and amid grim warnings of a "meltdown European leaders pledged their own action ahead of a crisis…
Egypt forex reserves, banks secure, says central bank
CAIRO: Egypt's central bank, seeking to reassure investors over Egypt's exposure to the global financial crisis, said on Sunday its foreign currency reserves and the external positions of Egyptian banks…
Egypt key stock index bounces back to close 3.1 pct down
CAIRO: Egypt's CASE 30 stock index closed 3.1 percent down at 5,492 points on Sunday after recovering from an initial plunge of 9.01 percent amid fresh concerns about the global…
A KHAWAGA'S TALE: The Baladi Bar takes over Cairo
After a year in the planning it is finally here. Researched by dedicated drinkers, the "Baladi Bar Flyer puts the 50 Downtown watering holes on the map and includes a…
IBM builds online version of China's famed Forbidden City
IBM on Friday opened online doors to a virtual version of the famed Forbidden City in China that served for centuries as an exclusive realm for the nation s emperors.The…
The one-state solution
JERUSALEM: In a recent report, peace now (an Israeli NGO) revealed that since President George W. Bush convened the Annapolis peace talks last November, the number of construction tenders issued…
