Arab League meets Assad foes on Syria’s future
CAIRO: The Arab League has asked Syrian opposition groups to submit their vision for a transition of power ahead of a bigger conference on Syria's future, a League official and…
Nasr City Housing 9-mth profit falls 31 pct
CAIRO: Egyptian developer Nasr City Housing posted a 31 percent drop in nine-month net profit to LE 40.7 million ($6.8 million), the stock exchange said on Tuesday. The formerly state-run…
Gold hit by market sell-off, Europe debt fears grow
LONDON: Gold fell on Tuesday, hit by a sell-off in financial markets and a drop in the euro against the dollar, with persistent doubts about Europe's ability to tackle its…
In dramatic reversal, Qatar signs $6.5 bln Airbus deal
DUBAI: Qatar Airways finally returned to the table to sign a $6.5-billion deal with Airbus hours after cancelling an announcement at the last minute and bluntly telling the European planemaker…
Egypt bourse cancels Orascom Construction trades
CAIRO: Egypt's stock exchange said in suspended trading in Orascom Construction Industries shares on Tuesday and cancelled the day's trades in the stock after the company announced plans for an…
Sofitel Winter Palace Luxor hotel still dazzles
By Heba Elkayal At the Winter Palace Luxor hotel’s gift shop, Gaddis, hangs an old sign that reads: “You are requested to consider yourself at home here. The staff will serve…
From Bamako to Cape Town at Paris Photo fair
Twenty years ago, a retired Malian portrait photographer called Seydou Keita sat at home in Bamako, quietly tinkering with his motorbike, when a Paris art dealer came knocking on his…
Egypt tourist arrivals up in Q3
CAIRO: Tourist arrivals in Egypt, after a slump during the unrest which led to the downfall of president Hosni Mubarak, rose by 23.2 percent in the third quarter, official statistics…
Jonas Oliveira gives Brazil 2-0 win over Egypt
DOHA: Jonas Oliveira scored once in each half Monday to give Brazil a 2-0 win over Egypt in a friendly in Qatar. The Valencia striker struck in the 39th and…
‘Spring-less’ Palestine?
By Ibrahim Shikaki In recent years, and for various ecological reasons, Palestinians have been witnessing a "two-seasoned" year. Each year more noticeably than the one before, two seasons prevail: a colder-than-average…