Repeat MSCI snub to Gulf shows extent of investor angst
DUBAI: Index compiler MSCI's latest snub to the United Arab Emirates and Qatar underlines the need for the Gulf neighbors to push through reforms, but problems plaguing UAE stocks run…
Investors’ cash grab shreds gold’s safe-haven status
LONDON: Investors' dash for cash has overwhelmed gold's traditional status as a haven from risk, putting the metal on course for its first quarterly fall since end-September 2008, when the…
Egypt has not requested IMF loan: IMF spokesman
WASHINGTON: Egypt has not requested an International Monetary Fund financing, an IMF spokesman said on Thursday, after an Egyptian minister said the country may resume talks with the global lender…
US wheat suppliers eye more Egypt sales
CAIRO: US grain suppliers are likely to start winning tenders to sell wheat to Egypt in February, when Russian wheat loses its competitive edge and Argentina retreats from the market,…
Al-Azhar to preach Islamic message on satellite TV
CAIRO: Al-Azhar, Egypt's 1,000-year-old seat of Islamic learning, will soon be preaching its doctrines on satellite television, a space it has previously left to Islamist parties now leading the country's…
The worst and the vest of austerity
By Jean Pisani-Ferry BRUSSELS: In June, it was Greece. In August, it was France, Italy, Spain, and Portugal. In September, it was Greece again — and Spain. In November, France took…
The climate extremists
By Bjørn Lomborg COPENHAGEN: Extreme weather is often said to be one of the main reasons for taking firm action on global warming. Nowadays, no hurricane or heat wave passes without…
Will a united government lead Yemen to peace?
By Abubakr Al-Shamahi LONDON: In the presidential palace in Sana’a, a new Yemeni cabinet has just been sworn in. For the first time in 33 years, however, President Ali Abdullah Saleh…
Africa affected by the Arab Spring?
By David Kode JOHANNESBURG: The Arab awakening, with its inspiring uprisings and historic elections (most recently in Tunisia and Egypt) has been seen by citizens in other African countries as a…
Editorial: Egypt’s democracy rehearsal
By Rania Al Malky CAIRO: Egypt's first post-Mubarak parliamentary elections, some say, are too good to be true. Despite reports of some violations, mainly centered around continued illegal campaigning by the…