Egypt’s school year to start on Sept. 17
CAIRO: The academic year for all Egyptian public schools — kindergarten through secondary — is scheduled to start on Sept. 17, despite rumors stating otherwise, the education ministry said.…
Oil falls $2 after US jobs data
LONDON: Oil futures dropped more than $2 on Friday after data showed US job growth had ground to a halt, adding to evidence of economic weakness that could limit fuel…
The keys to boosting private sector confidence
The economy has struggled in the wake of the revolution, but a turnaround is eminently possible. Major political upheavals may create a financial downturn, but many are followed by a…
Oman: Branching into Islamic banking
MUSCAT: Since issuing a decree to establish an Islamic financial services sector in May, Oman has seen a flurry of activity as banks have started gearing up to move into…
Arab Spring hurts Cyril Sweett, warns on FY results
LONDON: British construction and property consultancy Cyril Sweett warned on its full-year results as the Arab Spring led to a number of projects being scrapped, and the company said it…
Oil falls, awaits US jobs data, storm
LONDON: Oil futures fell on Friday as the market nervously awaited US jobs data for new evidence on whether the world's largest crude consumer can avoid recession. A storm blowing…
Libya says 5 foreign oil firms working to restore ops
PARIS: Five international oil companies have returned to Libya and are working on getting operations running again, the head of the ruling interim council's stabilization team, Aref Ali Nayed, said…
Court case reveals details of secret flights
WASHINGTON: The secret airlift of terrorism suspects and American intelligence officials to CIA-operated overseas prisons via luxury jets was mounted by a hidden network of US companies and coordinated by…
EU foreign ministers gather to discuss Middle East
SOPOT: The European Union's foreign policy chief said the bloc's foreign ministers are grappling at a meeting in Poland with whether to take a unified position on Palestinian statehood in…
Ten years after the mouse roared
By Joseph Nye CAMBRIDGE: Al-Qaeda’s attack on the United States 10 years ago was a profound shock to both American and international public opinion. What lessons can we learn a decade…