Palestinians prepare for Mecca crisis talks
GAZA CITY: Palestinian president Mahmoud Abbas and Hamas supremo Khaled Meshaal will Tuesday hold crunch talks in a bid to broker an elusive national unity deal and end fighting that…
Islamic finance market worth $500 billion grows up to 15 percent a year
DUBAI: The director of Dow Jones Islamic Index Group has said the Islamic finance market valued at $500 billion was edging up at an annualized growth rate of 10-15 percent,…
IFC to fund Egypt hospitals
CAIRO: In response to a strong need for private medical services in Egypt, the International Finance Corporation (IFC), the private sector arm of the World Bank Group, has stepped in…
Suez Canal blocks large ships due to bad weather
CAIRO: The Suez Canal was closed on Sunday to large ships because of bad weather in the country, an official in the Suez Canal Authority said.The official said three ships…
Attempted rape at Sadat metro station shocks the nation
CAIRO: Two policemen were arrested Wednesday after they allegedly attempted to rape a girl at the Sadat metro station in broad daylight, local press reported. The prosecution is carrying out…
Turks to supply World Bank chief with socks
ANKARA: Turkish manufacturers have rushed to supply World Bank President Paul Wolfowitz with new socks after he revealed two large holes in his socks during a visit to an Ottoman-era…
Ahly coach thought undressing was no foul
CAIRO: Manual Jose, the Portuguese coach of Egyptian and African champions Al Ahly, apologized on Sunday for starting to undress in public in protest against a referee s decision.Jose took…
