HSBC report sees bright trade future for Egypt as deficit narrows
CAIRO: Egypt's economic situation should stabilize on the long-term, according to a trade forecast published last week by HSBC Bank. The next 15 years will witness the rise of…
Egypt finance minister says foreign borrowing necessary: paper
CAIRO: Egypt's dependence on local borrowing to support the state budget is not sustainable and it will have to borrow from overseas, a state newspaper quoted Finance Minister Hazem El-Beblawi…
Stunned by bloodshed, Egyptians torn over army
CAIRO: An army crackdown on a protest that killed more than 25 Christians has not only stunned Egyptians, it has left them with deeply torn feelings toward the force seen…
Arms smuggling into Syria flourishes: experts
BEIRUT: As the revolt in Syria drags on, experts say weapons smuggling into the country has flourished, especially from Lebanon, with automatic weapons, grenades and hunting rifles in high demand.…
Obama sends troops to help fight Africa rebels
WASHINGTON: US President Barack Obama said Friday he is sending 100 combat troops to central Africa to help and advise forces battling the Ugandan Lord's Resistance Army rebels accused of…
Tunisia Islamists set for big election gains
TUNIS: As the land that launched the Arab Spring heads into historic elections next week, all eyes are on the long-repressed Islamists — and whether a big victory for them…
Relatives of Qaddafi regime officials flee Sirte: NTC
SIRTE: Families of former Libyan regime officials streamed out of Sirte on Monday, including the mother and brother of Moammer Qaddafi's spokesman Mussa Ibrahim, an NTC field commander said. "These…
Asia powers PC rebound in computer gaming industry
It looks like many other industrial buildings in Singapore with its squat form and grey exterior. But make your way past firms producing lights and prams to the top floor…
Poland and Egypt, in music and verse
On Friday night, Egyptians and expats gathered under the glow of orange and blue lights outside Darb 1718 for an evening of music celebrating the diplomatic and cultural relationship between…
India’s nuclear path
By Shashi Tharoor NEW DELHI: When the Commonwealth heads of government meet in Australia later this month, one prominent leader is almost certain to be conspicuously absent: India’s Prime Minister Manmohan…