'Gas OPEC' loses steam as Iran, Russia back away from idea
MADRID: The proposal for a gas OPEC that would group the world s biggest gas exporters as a cartel took several knocks this week at a leading energy conference as…
Oil prices bubble towards 142 dollars
LONDON: Oil prices climbed on Wednesday ahead of the weekly US energy reserves report as the OPEC crude producers cartel called on the United States to stop badgering its members…
Youth exclusion comes at a high price
CAIRO: The cost of youth exclusion in Egypt amounted to $53 billion in 2006, American University of Beirut professor Jad Chaaban said in a working paper. This shocking number also…
Summer steel prices soar
CAIRO: In line with experts' expectations, Egypt's giant steel producer Al Ezz Steel Rebars increased Tuesday its July market prices by LE 570 per ton.According to local sources, the company…
Egyptian, Spanish hip hop cultures meet
A large crowd gathered at the Townhouse Gallery Tuesday night for what was to be the sneak preview of the First Mediterranean Hip Hop Gathering in Cairo, hosted by the…
Arab singers to boycott Jordan festival over Israel
AMMAN: Arab singers will boycott a music festival in Jordan next month over claims it is being set up by the same company which organized Israel's 60th anniversary celebrations in…
Can the Guantanamo ruling fix America's image?
The recent US Supreme Court ruling that recognizes the rights of Guantanamo detainees to challenge their detention in US civilian courts - possibly paving the way for a permanent closure…
An Afghan Homecoming
As if the armed conflict between Afghan government forces supported by the American-led coalition and the Taliban were not enough, Afghanistan is faced with a crisis that it wishes it…
Not much benefit for Abbas
The latest display of successful political manipulation by Prime Minister Ehud Olmert has given his government a temporary reprieve. He will remain prime minister for at least three months and…
Decoding Egypt: The Challenges of Tomorrow's Egypt
A close look at the writings of Egyptian intellectuals shows that most of them are so immensely consumed by contemporary problems that they lose sight of the challenges of tomorrow…