‘Low-carbon economy’ presents early escape from darker future
By Amir Makar CAIRO: A future of water scarcity, flooding, and desertification, especially in the already vulnerable Middle East and North Africa (MENA) region, could be avoided with a switch to…
One in three Arab women participates in workforce, says study
CAIRO: Only one in three Arab young women participates in their country's labor force as opposed to eight in 10 Arab men, a recent poll showed. Only 32 percent of…
Egypt sells 3- 7- and 10-year bonds worth LE 4 bln
By Reuters CAIRO: Egypt's central bank sold three-year, seven-year and ten-year bonds worth LE 4 billion ($662.4 million) on Monday, the same amount that was offered, the Ministry of Finance…
Profits drop 34 pct at Egyptian cable firm Sewedy
By Tamim Elyan / Reuters CAIRO: Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, reported on Monday a 34 percent drop in its consolidated net profit for 2011,…
Egypt’s Alcotexa sells 275 T cotton in past week
By Mohamed Samir / Reuters CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 275 tons of cotton in the week that ended on March 31, an Alcotexa official said…
Red Cross sends emergency diesel to Gaza
By AFP GAZA CITY, Palestinian Territories: The International Committee of the Red Cross on Monday began transferring emergency supplies of fuel to the Gaza Strip where an electricity crisis has…
UK fund launches groundbreaking equity sukuk
By Bernardo Vizcaino / Reuters DUBAI: London-based Ethical Asset Management has launched what it calls the world's first "investment sukuk", aiming to resolve a major area of controversy in Islamic finance…
Copts abandon constitution talks
By Reuters CAIRO: Egypt's Coptic Orthodox Church has announced it is withdrawing from talks on a new constitution, saying Islamist domination of the drafting body made its participation "pointless", Egypt's…
Exclusive Interview: Art Dubai’s Antonia Carver
By Heba Elkayal If there’s anything that could be said about Art Dubai this year is that it’s overwhelming in the most positive sense: not least for the hundreds of carefully…
Jordan play pokes fun at Arab despots
By Kamal Taha / AFP AMMAN: Week after week Jordanians pack the Concorde theater in Amman where they shed their usual reserve to laugh uproariously at the shortcomings of their government…