Stagnant and paralyzed
By Michael Spence MILAN: The recent dramatic declines in equity markets worldwide are a response to the interaction of two factors: economic fundamentals and policy responses — or, rather, the lack…
Women and religious radicalism in Indonesia
By Inayah Rohmaniyah YOGYAKARTA, Indonesia: Perhaps surprisingly, women’s issues have become a top priority on the major political and theological agendas of the Indonesian Mujahideen Council (MMI). MMI is a radical…
Palm Hills slips into H1 net loss
CAIRO: Egyptian real estate firm Palm Hills Developments, the country's second-biggest developer slipped to a 2011 first-half net loss of LE 81.4 million ($13.6 million), the stock exchange said on…
Egypt sells LE 5 bln in T-bills, yields rise
CAIRO: Egypt's central bank sold LE 5 billion ($837.82 billion) in domestic treasury bills on Sunday, the same amount it had offered, the bank said. The bank sold LE 1.5…
No proof Mubarak has cancer: newspaper
CAIRO: There is no proof that Hosni Mubarak has cancer, the Al-Ahram daily said Saturday, contradicting lawyers of the ousted Egyptian president who is on trial on charges of corruption…
MFO says Israel entered Egypt, committed violations: MENA
CAIRO: A monitoring force stationed in the Sinai in keeping with the 1979 peace treaty between Egypt and Israel said Israel violated it when its troops entered Egyptian territory and…
Egypt tells Israel to stop Gaza attacks
CAIRO: Egypt called on Israel Saturday to immediately halt punitive strikes on the Palestinian Gaza Strip after militants carried out deadly attacks in Israel. "Egypt denounces the use of force…
Egypt ‘Spiderman’ earns hero status with Israel flag protest
CAIRO: A lone protester became a hero to an exultant crowd of Egyptians and many more online by hauling down the Star of David flag atop Israel's embassy in Cairo…
Rockets fired from Gaza land in Egypt-security source
CAIRO: At least two rockets fired from the Gaza Strip landed in the Egyptian border town of Rafah on Sunday morning, but there was no damage and no one was…
Egypt to recall envoy to Israel; demands official apology, investigation
CAIRO: Egypt has decided to withdraw its ambassador from Israel to protest the deaths of five policemen killed on the border, state television said Saturday. "Egypt has decided to withdraw…