Pakistani REITs seen drawing local and foreign investment
DUBAI/KARACHI: Real estate investment trusts (REIT) will help broaden investment in Pakistan from local and Gulf-based investors as the country struggles to promote itself as a growth market, Pakistan-based real…
Ghana becomes an oil nation, seeks to avoid ‘curse’
TAKORADI: Ghana starts production Wednesday from one of the largest recent oil discoveries in West Africa, transforming it into a significant oil-producer, but raising fears over the associated risks. While…
Al-Wafd’s Sarhan rejects freeze of dissidents’ memberships
By Marwa Al-A'asar CAIRO: Mohamed Sarhan, deputy president of the opposition Al-Wafd, said that the party has no right to freeze the memberships of its candidates who have — against…
Palestinians say US envoy ‘brought ideas’
RAMALLAH: Palestinian leader Mahmoud Abbas held inconclusive talks with George Mitchell on Tuesday, although the US envoy raised a few "ideas" for reviving peace talks, officials said. The two men…
NGO files case against Egypt’s administrative detention policy
By Sarah Carr CAIRO: The Egyptian Initiative for Personal Rights (EIPR) has filed a case with the African Commission against the Egyptian government for its administrative detention policy. The African Commission…
Fines and patrols needed to prevent future shark attacks, say experts
SHARM EL-SHEIKH: Experts in Egypt investigating an unusual series of shark attacks at one of the world's top diving destinations recommended on Monday strict fines for feeding fish and dumping…
Israel deports 150 Sudanese migrants
JERUSALEM: Israel has flown home 150 illegal Sudanese migrants in a secret operation that was the largest such deportation from the Jewish state, an Israeli official confirmed Tuesday. The group,…
America to face Egypt in Cairo friendly
CAIRO: The United States will visit Cairo for a football friendly against the reigning Africa Cup of Nations champions on Feb. 9, the US Soccer Federation announced Monday. The Americans…
Italian ship capsizes in Alexandria port
ALEXANDRIA: Egypt's state news agency says an Italian cargo ship loaded with toxic chemicals capsized in the port of Alexandria after incurring storm damage. The Jolly Amaranto broke down off…
Egypt seeks billions in public-private partnerships
CAIRO: Egypt plans to offer billions of dollars worth of transport, energy and other projects in partnership with private firms over the next five years after rules to ease such…
