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,…
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…
Iraqi refugee crisis hits Cairo
CAIRO: As violence continues in Iraq, the oil-rich country's neighbors are beginning deal with a widening refugee crisis. According to a November United Nations report, two million Iraqis were estimated…
Egypt should not pursue nuclear energy: EU diplomat
Alternative renewable energy should be developed insteadCAIRO: Contradicting US policy, the European Union (EU) will not fully support Egypt's ambitions to create a nuclear program for peaceful energy purposes, a…
Government's rights watchdog report highlights prisoner, detainee abuse
CAIRO: The National Council of Human Rights (NCHR) called Sunday for amending the penal code and improving the treatment of detainees in its third annual report on the country s…
The strange case files of Egypt-Israel espionage
CAIRO: Long normalized but still tense relations between Egypt and Israel hit a potential snag with the announcement on Saturday that an Egyptian had been arrested inside Egypt, charged with…
Egyptian 'spy' was low-level operative, say officials
CAIRO: Egyptian intelligence had been monitoring the activities of alleged spy Mohammed Essam Ghoneim El-Attar while he lived in Canada, experts have said."He was discovered and tracked in Canada by…
Government to supply PCs to homes across Egypt receives boost from Middle East's No. 2 PC vendor
CAIRO: Acer Computer Middle East and Mantrac have announced today that they will look to supply the lion's share of PC's earmarked for millions of homes across Egypt as part…
Dancing tents, swirling colors and a cloud of controversy
At first glance, a play featuring six women performing surreal modern dances while wearing colorful tents might not appear to be an overtly political statement.Indeed, for the casual viewer, the…