Nicaragua should confront its demons
By César Chelala NEW YORK: For a long time it has been one of Nicaragua most guarded secrets. But a new Amnesty International report, “Listen to their Voice and Act: Stop…
Transfer pricing policy set to increase Egypt’s tax revenues
CAIRO: The Egyptian Tax Authority (ETA) launched guidelines last week on how to account for transfer pricing from a fiscal perspective, which will help cast a net around a bulk…
World faces oil supply crisis: Iran OPEC chief
TEHRAN: Iran's OPEC governor believes the world faces great uncertainties in security of energy supply and that the price of crude is still undervalued and set to hit $100 in…
Kuwait’s IFA Hotels gets $115 mln Dubai funding
DUBAI: Kuwait-based IFA Hotels and Resorts has secured $115 million in funding to complete a luxury hotel in Dubai, it said, as financing for selective projects remains available despite tough…
Islamic banking superior to Western kind: Mahathir
SINGAPORE: Malaysia's outspoken ex-prime minister Mahathir Mohamad on Tuesday blamed Western lending practices for the world's financial problems and hailed Islamic banking as a "superior" model. Mahathir told a conference…
Israel upset at Argentina recognition of Palestine
JERUSALEM: Israeli Foreign Ministry officials say they are disappointed by Argentina's recognition of a Palestinian state in territories Israel occupied in 1967. Spokesman Yigal Palmor said the recognition…
CIFF recommended movies for Wednesday
The Flowers of Rowan Directed by: Alyona•Semenova/Alexander•Smirnov. Starring: Konstantin Milovanov, Elizaveta Arzamasova and Denis Sukhomlinov. Synopsis: The flowers of rowan are delicate and fragile and bloom for less than 10…
Bringing rock ‘n’ roll to underprivileged kids
Young musicians from the prestigious Berklee College of Music in the United States gave three concerts in Cairo over the weekend. The concert series, which consisted of two public performances…
Iraqi maqam emerges as casualty of modernity and war
By Jacques Clement / AFP BAGHDAD: Performing before a half-empty room at Baghdad's Alwiyah Club, Taha Gharib is conscious that the music he has passionately played for decades — traditional Iraqi…
‘Who am I?’ and ‘The Unfinished Letter’ at CIFF
In his second feature film, “Who am I?”, American-educated Russian director Klim Shipenko delivers an ideal cinematic experience: gripping, twisted plot line; sincere, powerful performances; aesthetically appealing cinematography; and a…