Desparately seeking security
In Israel, the concept of security is a powerful one. It is used to justify all military activity, including the occupation of Palestinian territories and the vast budgets applied to…
Positive steps for better GCC-EU relations
The 17th session of the Joint Council between the European Community and the Gulf Cooperation Council (GCC) states was held on May 8, 2007, in Riyadh. Since the previous joint…
Desperately seeking security
JERUSALEM: In Israel, the concept of security is a powerful one. It is used to justify all military activity, including the occupation of Palestinian territories and the vast budgets applied…
Ex-Dubai Film Festival president explains his dismissal, discusses festival inadequacies
The regional film circuit was taken by surprise when the Dubai International Film Festival committee announced that Neil Stephenson, the Canadian founder of the festival, submitted his resignation on Feb.…
Egyptian Company for Mortgage Refinancing to receive World Bank loan
CAIRO: Minister of Investment Mahmoud Mohieldin confirmed yesterday that the Egyptian Company for Mortgage Refinancing (EMRC), due to start its financing operations this year, will be receiving an LE 214…
Egyptian economic growth hits 7%, but few benefits trickle down
CAIRO: Africa's economic growth rate is projected to hit 6 percent this year, the highest level in over twenty years, the African Development Bank reported last week. Growth was strong…
Abu Dhabi says bought 8 pct of Egypt's EFG Hermes
State-owned Abu Dhabi Investment Authority said it had bought an 8 percent stake in EFG-Hermes and would take a seat on the board of the Egyptian investment bank. The authority…
Bridge planner: 'thieves of Sharm El-Sheikh'
Mubarak dismisses plans of Egypt-Saudi bridgeCAIRO: A purported bridge to be built linking Saudi Arabia and Egypt has caused consternation in recent days over whether it will actually happen or…
Muslim Brotherhood prevented from Shoura Council elections in Menufiya
CAIRO: The Egyptian security forces prevented Muslim Brotherhood members from applying for the upcoming Shoura Council (SC, The Upper House of Parliament) elections by force in Menufiya, said Hamdy Hassan…
