Oil prices down as bailout talks continue
NEW YORK: Oil prices fell just over $1 a barrel Friday as a US financial bailout plan remained stuck in legislative limbo, raising investor worries that the economic crisis could…
Sudan claims hostages close to freedom
CAIRO: Sudanese officials have claimed that the group of hostages abducted from El-Gilf Al-Kabir last week are on their way back to Egypt and may be freed very soon."Sudanese security…
Citadel Captial denies postponing IPO date
CAIRO: Cairo-based private equity firm Citadel Capital said Wednesday it did not postpone the date of its initial public offering (IPO), contrary to some local news reports.The company told Daily…
Crédit Agricole to address career development
CAIRO: Marking a further expansion of the private sector into Egyptian education, Crédit Agricole Egypt inked a deal with the Egyptian Junior Business Association (EJB) Thursday to devote nearly LE…
Paul Newman, Hollywood's anti-hero, dies
Paul Newman never much cared for what he once called the rubbish of Hollywood, choosing to live in a quiet community on the opposite corner of the US map, staying…
A KHAWAGA'S TALE: The taste of Egypt
Since 1897, Stella has been the Egyptian beer and the brand is almost a euphemism for the laid back national character. The iconic star on every bottle is familiar to…
No blank check for Paulson
NEW YORK: US Treasury Secretary Hank Paulson's $700 billion rescue package has run into difficulty on Capitol Hill. Rightly so: it is ill-conceived.Congress would be abdicating its responsibility if it…
Marginalizing malaria
SAN FRANCISCO: Last fall, Bill and Melinda Gates sent shock waves through the global health community when they announced the audacious goal of eradicating human malaria from the face of…
Collaboration could transform the ME
JERUSALEM: The process for replacing Israel s prime minister began in earnest last week when the ruling Kadima Party held primary elections. As one would expect, candidates have been discussing…