Israelis and Egyptians meet on Hamas prisoner swap
JERUSALEM: Israeli defense officials say senior negotiator Ofer Dekel has met Egyptian officials in Cairo in an effort to achieve movement on a proposed prisoner swap with Hamas.Dekel is the…
Journalists' Syndicate discusses 'historic verdict' on health sector privatization
CAIRO: Prime Minister Ahmed Nazif's plans to privatize Egypt's health insurance system would have been "a complete waste of public money, said Khaled Ali, chairman of the Hisham Mubarak Law…
Egypt's mortgage finance market is resilient, says Amlak CEO
CAIRO: As the ripple effects of the subprime mortgage meltdown signal a seismic shift in global financial markets with big names biting the dust, Egypt's mortgage finance market remains intact,…
Egypt central bank injects $500 mln into forex market, say reports
CAIRO: Reports indicate that the Central Bank of Egypt (CBE) may be taking a strong stance to protect the Egyptian pound in the face of potential collapse on Wall Street.The…
Egypt stock indexes tumble over 4 pct, Eastern down
CAIRO: Egypt's main stock indexes slid over 4 percent on Thursday as the market reeled on global market woes, with Eastern Tobacco tumbling over 8 percent, traders said. The benchmark…
Don't Panic! New outing for 'Hitchhiker's Guide to the Galaxy'
LONDON: An Irish author has been commissioned to write a new installment of The Hitchhiker s Guide to the Galaxy, the cult science fiction comedy which became a worldwide hit,…
Perfect present continuous
Waiting is a word that best illustrates the term "perfect present continuous - the grammar for tense moments in search of perfection.Coined by independent art curator Nat Muller, the "perfect…
A charismatic street spirit
As throngs of visitors invaded El Hussein Square, opposite the shrine of the reputed Imam, one would have expected to run into a piper, a lute player, a munshid (a…
Yehya Khalil: The Jazz Man
Music is not in the instrument, as famous percussionist Ricardo Gallardo once said. Music is in the person.And Yehya Khalil is that principle personified.The most famous and acclaimed percussionist in…
The Geopolitical Consequences of the Financial Crisis
PRINCETON: Worried investors and policymakers are becoming obsessed with Great Depression analogies. But the lesson of 1931 is only in part financial or economic. The 1931 crisis was so big…