Mideast bankers defend sovereign wealth funds
SHARM EL-SHEIKH: Mideast bankers on Monday staunchly defended sovereign wealth funds - the vast government-directed pools of investment money that have raised controversy in the West - contending they helped…
EU extends mandate of its halted Gaza border crossing mission
BRUSSELS: The European Union has extended for six months the mandate of its halted mission to help control the Rafah border crossing between Egypt and Gaza.Under the decision taken Monday,…
Egypt pricks up its ears at Bush comments
CAIRO: Comments alluding to Egypt made by US President George Bush during his opening speech at the World Economic Forum on the Middle East drew a storm of criticism from…
No crash on the radar for GCC economies, say experts
SHARM EL-SHEIKH: The booming economies of Gulf nations will continue to grow in spite of increasing inflation, labor unrest and instability in global financial markets.At least that's what experts predicted…
Education takes the spotlight as WEF closes
SHARM EL-SHEIKH: Education was the talk of the town as the three-day World Economic Forum on the Middle East came to a close Tuesday in Sharm El-Sheikh, Klaus Schwab, founder…
Beatlemania comes to Britain's Chelsea Flower Show with George Harrison-themed garden
LONDON: Beatlemania erupted at London s Chelsea Flower Show on Monday, as Ringo Starr joined George Harrison s widow for the opening of a garden inspired by the quiet Beatle.…
A KHAWAGA'S TALE: Cairenes take their seats as Chelsea clash with Man United
Tonight's Champions League Final in Moscow will practically be a home game for English football team Chelsea, as the West London millionaires take on football's favorite global brand, Manchester United.I…
The Apocalyptic Mind
It was only to be expected that former US Vice President Al Gore would give this month's Burmese cyclone an apocalyptic twist. "Last year, he said, "a catastrophic storm hit…
Two Asias
In discussing the Asian century , people talk most about the overall development of the South and East Asian countries, including China, India, Korea and Japan. The GNP of the…