Egypt plummets, Zambia soars in FIFA rankings
ZURICH: Egypt plummeted 25 places in the FIFA rankings, as Zambia soared after winning the African Cup of Nations in monthly standings published Wednesday. Egypt dropped to No. 61 in…
Islamic Al-Azhar calls for bold Arab action on Syria
CAIRO: The head of Egypt's influential seat of Islamic learning, Al-Azhar, called on Tuesday for bold Arab action to stop the Syrian government's "hellish killing machine" while scolding China and…
Egyptian minister’s remarks stoke tensions with US
CAIRO: An Egyptian Cabinet minister has stoked tension with the US over funding nonprofit groups working for democracy in Egypt, accusing Washington of intentionally seeking to create chaos to prevent…
Rise of the debate culture in Egypt
By Heather Moore CAIRO: Egyptians are seeing the rise of a debate culture through organized, monitored debates. Aiming to cultivate that culture is the Young Arab Voices, a regional program teaching…
Sanctions sap Dubai’s role as Iran trade hub
DUBAI: Reza, an Iranian businessman in his mid-30s, moved to Dubai 10 years ago to make his fortune. For a while, he succeeded — annual sales at his machinery trading…
UN General Assembly to vote Thursday on Syria
UNITED NATIONS: The United Nations General Assembly will vote Thursday on a new resolution calling on Syrian President Bashar Al-Assad to put a stop to deadly attacks on civilians, diplomats…
Egypt shares dip second day after rally
CAIRO: Egypt's main index declined a second day on profit taking, retreating after a rally which has pushed it up by more than 40 percent since the beginning of the…
World Bank approves $240 mln for Giza power project
CAIRO: As part of a broader program that aims to meet the growing need for electricity Egypt, the World Bank’s board of executive directors approved on Tuesday an additional loan…
Credit Suisse raises DP World to outperform
LONDON: DP World, the world's third-largest port operator, is set to benefit in the long term from its presence in regions that have been less hit by the economic downturn…
An alliance to empower and employ the youth
By Lars Thunell and Charlotte Petri Gornitzka Too many people today cannot find a decent job — the result of three years of global financial instability and anemic global growth. But…