Slowing FDI portends emerging markets volatility
LONDON: Emerging economies dependent on overseas financing to balance their books look vulnerable to another looming slowdown in bricks-and-mortar investment, as rising deficits in many countries force reliance on volatile…
Egypt bourse chairman says cutting salaries of senior execs
CAIRO: In a move to restructure the administrative and financial framework of the Egyptian Stock Exchange, the bourse chairman has cut salaries of senior executives by roughly 20 to 40…
Guilty verdict for Jackson doctor ends latest saga
The single word, "Guilty," brought a muffled shriek in the gallery of the packed courtroom and tears from Michael Jackson's family, but no reaction from the doctor convicted of supplying…
Dedication to the hip hop cause
By Lily Grimes Earning something you desire increases its value, and so it was with Voice of the Streets, a free event showcasing rappers from Lebanon, Jordan, Palestine, Tunisia, Libya and…
Asteroid closes in on Earth fly-by
WASHINGTON: A big asteroid is set to make its closest flyby of Earth in 200 years on Tuesday, but there is no chance it will make a crash landing when…
Official election campaigns start Wednesday
CAIRO: Official campaigning for Egypt's parliamentary election will begin on Wednesday and end on Nov. 26, two days before the first round of voting starts, the election commission said on…
Egyptian expats adamant on voting, overcoming obstacles
CAIRO: Amid vague and conflicting statements by the Ministry of Justice, the Ministry of Interior and the Supreme Electoral Commission, Egyptian expats say they are adamant on voting in the…
US to work with Arab Spring’s Islamist parties
WASHINGTON: Secretary of State Hillary Rodham Clinton declared Monday that the Obama administration would work with ascendant Islamist parties of the Muslim world, answering one of the central US policy…
CIA following Twitter, Facebook
McLEAN, Virginia: In an anonymous industrial park in Virginia, in an unassuming brick building, the CIA is following tweets — up to 5 million a day. At the agency's Open…
Muslims gather on Arafat for peak hajj day
MOUNT ARAFAT: More than two million Muslims began massing Saturday on Saudi Arabia's Mount Arafat and its surrounding plain, marking the peak day of the largest annual pilgrimage. Swarms of…