Oil prices spike near $106 as US currency slides
LONDON: Oil prices jumped close to $106 dollars on Friday as investor sentiment was driven by the weak US dollar, tight energy supplies and more bad news on the US…
Developing world gets less aid, donors lagging on targets: OECD
PARIS: Aid to the developing countries fell last year and most donors are falling behind on their stated commitments to increase the amount of money they give, the OECD said…
IMF gives larger developing countries greater role in its operations
WASHINGTON: The International Monetary Fund s directors approved a major change in its voting mechanism Friday, giving some larger developing countries more of a say in how the 185-nation lending…
Lebanon's army chief threatens to quit presidential race
BEIRUT: Lebanon s army commander warned feuding political factions in remarks published Thursday that he would bow out of the presidential race and leave his post by midsummer, if the…
April 6 civil disobedience sees traction, but MB will not join Mahalla strike
CAIRO: The Muslim Brotherhood (MB) will not participate in the Ghazl Al Mahalla cotton workers' strike scheduled for April 6, the group's lawyer told Daily News Egypt. "The Brotherhood will…
Spring in bloom
Entering Eudreiana, the new florists tucked away on Zamalek side street Ahmed Sabry, is a cure for stress relief. A mere glance at the array of lilies, mums and roses…
Racing the desert
To many of us, the desert is synonymous with barrenness, heat and discomfort. While it does not offer the same comforts as your air-conditioned living room, the desert can be…
MEMORY LANE: Home with a view
Over 20 years ago, after aving spent weeks searching for an apartment in Maadi, we were delighted when we found one, not only with lifts but with a large patio…
In the mother of the world
Most of us are forever in search of excellence and quality when we enter a commercial space, and of something to pull at our heartstrings and say "take me home…