Baradei’s economic stimulus plan draws mild support
CAIRO: Responses varied towards the economic recovery plan presented by presidential hopeful Mohamed ElBaradei on Sunday — while some said the measures fall in line with the goals of the…
Egypt bond yields at record, currency falls
CAIRO: The yield on an Egyptian dollar-denominated bond touched a record high on Monday as the government struggles to fund a widening budget deficit at affordable rates and sliding foreign…
Gunmen attack Taba hotel, no injuries
CAIRO: Four armed men attacked a hotel in an Egyptian Red Sea resort popular with Israeli holidaymakers before fleeing when police returned fire, security sources and witnesses said on Tuesday.…
Egypt urban inflation rises to 9.5 pct in December
CAIRO: Egypt's urban consumer inflation was 9.5 percent in the 12 months to December compared to 9.1 percent in November, figures on Egypt's state statistics agency website showed on Tuesday.…
Iran jamming Al-Jazeera, says Arabsat
DUBAI: Iran is jamming broadcasts by Qatar-based news channel Al-Jazeera, satellite operator Arabsat said in a statement received on Tuesday. "Al-Jazeera is affected … from two different locations in Iran,"…
Landmark Egypt vote nears conclusion
CAIRO: Egyptians were voting on Tuesday in second-round run-offs for the third and final phase of staggered elections to choose the first parliament since mass protests ousted Hosni Mubarak in…
Winners and losers in the Arab revolutions: Central Europe
By Matyas Eorsi We have more and more reasons to be skeptical about predictions of political analysts and even intelligence services. None of us could foresee that a socially-motivated suicide protest…
Parliamentary vs. presidential system debate reignited ahead of round three run-offs
CAIRO: With the elections race nearing its end, political parties and experts rejected statements by Islamists calling for a parliamentary political system, insisting that a semi-presidential system would best serve…
Pope calls for new ethics in gloomy global message
VATICAN CITY: Pope Benedict XVI on Monday called for new ethical values in the financial crisis in a gloomy world outlook that also pointed to rising violence in Africa and…
Turkey’s balancing act
By Mohammed Ayoob EAST LANSING, MICHIGAN: Turkey has over the past few weeks become the spearhead of a joint Western-Arab-Turkish policy aimed at forcing President Bashar Al-Assad to cede power in…