Most refugees reside in developing countries, says UNHCR
CAIRO: Many of the world’s poorest countries host huge refugee populations, both in absolute terms and in relation to the size of their economies, United Nations High Commissioner for Refugees…
ICT offers some Egyptian companies agility dividends
CAIRO: Thanks in part to an increasingly developed ICT infrastructure, some companies in Egypt, in line with a global trend, have seen the workplace become more virtual and agile in…
Citadel says Egypt lifts travel ban its chairman
CAIRO: Egypt's public prosecutor dropped a travel ban imposed in April on the chairman of private equity firm Citadel Capital, Ahmed Heikal, the company said on Sunday. Heikal was ordered…
Big order helps Airbus glide over glitches
LE BOURGET: Airbus bagged billions of dollars of orders for its revamped A320 plane on day one of a rain-sodden Paris Air Show, where it is vying with rival Boeing…
Oil dives close to four-month low
LONDON: New York oil prices sank close to a four-month low on Monday as traders eyed a deepening Greek debt crisis, stronger dollar and resurgent worries about the Chinese and…
Arabtec says will not reverse provisions in 2011
DUBAI: Dubai builder Arabtec will not reverse provisions in 2011 and has no immediate plans to issue a shelved $150 million convertible bond, its chief financial officer said. The emirate's…
Jolie visits refugees who fled Libya, Tunisia
Angelina Jolie traveled to the tiny Italian island of Lampedusa on Sunday to thank its residents for welcoming in the estimated 20,000 migrants who arrived after fleeing unrest in Tunisia…
In tough Colombia city, life and art merge
Marlon Rengifo is dead. But Leider Abraham has been reborn. In Petecuy, one of the roughest neighborhoods in Cali, one of Colombia's most dangerous cities, life and art are intertwined.…
Strauss-Kahn spurring debate on harassment
The scandal around fallen IMF chief Dominique Strauss-Kahn has proved an awakening for young women in France and has sparked a timely conversation about sexual harassment, a US author says.…
Darfur rebels raid village, 7 civilians dead: army
KHARTOUM: Darfur rebels raided a village in North Darfur killing seven people at the weekend, the Sudanese army said, as UN peacekeepers confirmed deadly clashes between gunmen and government troops.…
