Israeli drug smugglers convicted in absentia
CAIRO: An Egyptian court on Wednesday sentenced two Israeli drug smugglers tried in absentia to five years in prison, a judicial source said. The two men were detained and released…
ArcelorMittal Q4 net profit up only 2.7 percent even as sales surge
LUXEMBOURG: ArcelorMittal SA, the world s largest steelmaker said Wednesday fourth-quarter net profit grew just 2.7 percent to $2.44 billion as higher costs and stockpile sell-offs ate into strong global…
Egypt imposes 'slap regulations' on satellite channels
CAIRO: Activists and media professionals expressed their disapproval of Arab ministers' call to 'regulate' satellite television, but remained skeptical of the effectiveness of such a regulation.The Arab League has voted…
Hamas fires at Egyptian builders to prevent new wall
CAIRO: Hamas fired shots over the heads of Egyptian workers building a new wall on the border between Egypt and Gaza Tuesday night, sources in the area told Daily News…
Delta Securities opens Assiut office
ASSIUT: Dubbing Assiut a province with investment potential, Delta Rasmala Securities - the Egyptian arm of a regional investment bank - inaugurated Tuesday its first branch in Upper Egypt, casting…
Suez Cement launches Oasis Cement
CAIRO: Suez Cement and its affiliated companies (Helwan Cement Company and Tourah Portland Cement Company) launched a new product called Oasis Cement to meet growing market needs, according to a…
THE REEL ESTAE: All hail the ignorant chief
Naturally, the recent string of remarkable Egyptian film releases had to come to an end. Critics expected the likes of "El Gezira (The Island) and "Hena Maysara (In Time) to…
US elections through Arab American eyes
There are about 3.5 million Arab Americans. According to a 2007 Zogby poll, 61 percent of Arab American voters mention Iraq as the leading issue in the election, and 66…
Where freedom is relative
As she opened the door and welcomed me into her home on a snowy morning in Tehran, K. (her name is withheld to protect her anonymity) - a 33-year-old mother…
A Vote against Voting in Pakistan
As Pakistan gears up for its parliamentary election on Feb. 18, many observers hope that the vote will usher in a period of stability and calm by lending popular legitimacy…