EISA to develop new rules on investment quotas of insurance funds
CAIRO: The Egyptian Insurance Supervisory Authority is close to developing new models and regulations for investment of local insurance funds.Sources told reporters on Tuesday that the bulk of insurers investment…
Israel must come up with peace offer: Arab League chief
AMMAN: Arab League chief Amr Moussa on Tuesday said an Arab summit later this month expects Israel to make a serious offer on peace instead of resorting to tricks to…
Opposition groups urge all Egyptians to boycott referendum
CAIRO: Mohamed Habib, deputy chairman of the Muslim Brotherhood (MB), announced that his group will boycott Monday's referendum on the amendments to the constitution.He says the MB, the largest and…
Rachid increases some steel export duties; defends February's levied duties on cement
Beshay Steel lowers ex-factory rebars price to LE 3,250 per ton CAIRO: The Ministry of Trade and Industry (MTI) raised the export duty for select steel products Wednesday from LE…
Capturing the spirit of Sufi worshippers
Shems Friedlander's name is associated with Sufism, whirling dervishes and spirituality. In any medium Friedlander chooses, whether documentary film, photography, writing or painting, his audience immediately recognizes his passion for…
Rice visits the region, more of the same?
At a time when lack of leadership bounds, the Jordanian monarch delivered what could be easily described as the speech of his lifetime. Speaking to a joint meeting of the…
The Middle East runs after atoms; can it avoid weapons?
A quick evaluation of nuclear capabilities in the Middle East makes it clear that the region is hosting one major military nuclear state, Israel, and one major nuclear-ready state: Iran.…
Rice steps into the maelstrom of peace in Palestine
US Secretary of State Condoleezza Rice is crossing a modest threshold in her efforts to mediate in the Palestinian-Israeli conflict: She is signaling her willingness to meet with some members…
Diana inquest: Fayed's lawyers push for full disclosure
LONDON: Any undisclosed material from police interviews with Britain s Prince Charles should be released before an inquest into the death of Princess Diana can take place, a coroner was…