China, Mideast draw Jan West arbitrage fuel oil
SINGAPORE: Competing demand for Western fuel oil from China and the Middle East has drawn significant volumes from the Singapore trading hub this month, allowing bullish pricing interests to continue…
Egypt preparing to issue Islamic bond: source
DUBAI: Egypt, which has been forced to rely on local banks for funds in the wake of last year's popular revolt, is laying the groundwork for a debut sovereign Islamic…
Experts say Egypt needs clear policies to prop IMF aid
CAIRO: As formal talks resumed between Egypt and the International Monetary Fund (IMF), economists said the $3.2 billion financial support package needs to be propped by clear policies in order…
World Bank slashes global GDP forecasts, outlook grim
BEIJING/WASHINGTON: The World Bank warned developing countries on Wednesday to prepare for the "real" risk that an escalation in the euro area debt crisis could tip the world into a…
Egypt, Iraq in military talks
CAIRO: Egypt's military ruler Field Marshal Hussein Tantawi on Wednesday held talks with Iraqi Defense Minister Saadoun Al-Dulaimi on ways of boosting military ties between the two nations, officials said.…
German state questions Mein Kampf publication plan
A state government in Germany is looking at legal measures to prevent a British publisher's plans to reproduce excerpts from Adolf Hitler's infamous memoir "Mein Kampf" in Germany. The Finance…
‘Artist,’ ‘Tinker Tailor’ up for UK film awards
It's spry versus spy as frothy silent movie "The Artist" and moody thriller "Tinker Tailor Soldier Spy" lead the race for the British Academy Film Awards, Britain's equivalent of the…
The evolution of Hany Rashed
By Mariam Hamdy The new year has so far brought forth a surge of thoroughly digested thoughts and creations onto Egypt’s art scene. Delighted to be proven wrong, this year has…
Arab justice for Arab violence
By Aryeh Neier NEW YORK: For months now, it has been clear that no peaceful, even satisfactory, resolution of the conflict in Syria is possible without external intervention. Paradoxically, too many…
Democracy in distress
By Dominique Moisi PARIS: Is democratic time too slow to respond to crises, and too short to plan for the long term? At a time of deepening economic and social crisis…