Will the real Robin Hood please stand up?
And so the legend begins … No, those aren't the opening lines of Ridley Scott's latest reimagining of the Robin Hood myth/fable. They're actually part of the film's epilogue. Confused?…
60% of Palestinians favor indirect talks
BETHLEHEM: The Palestinian Center for Public Opinion (PCPO) released the findings of its most recent poll on Wednesday, which revealed surprising results, including that 60% of Palestinians support the current…
Influential Moroccan intellectual leaves international legacy
BONN, Germany: "Reason is a light which is certainly needed to illuminate the darkness, but it can also be useful in full daylight." (Mohammed Abed Al-Jabri (27 December 1936 –…
Good policies for great countries
NEW YORK: We are in a protracted period of international transition, one that began more than two decades ago with the Cold War’s end. That era of strategic rivalry between…
The gambler of North Korea
SEOUL: North Korean leader Kim Jong-il’s recent visit to China has further complicated South Korea’s response to the probable culprit — North Korea — in the sinking of its warship,…
Government to increase steel and cement tax
CAIRO: The People’s Assembly budget and planning committee approved a 5 percent sales tax on cement price as part of a “a supplementary budget report”, the state-run daily Al-Ahram reported.…
Oil drops to $68 on high stocks, German ban
LONDON: Oil fell to $68 a barrel after touching its lowest in more than seven months on Wednesday, pressured by high US stockpiles and as concern over tighter financial regulation…
Egyptian pound hits 14-mth low versus dollar
CAIRO: The Egyptian pound weakened to its lowest point against the dollar since March 16, 2009, after the US currency strengthened against the euro on concerns about euro zone debt.…
Egypt 14-day deposits average yield at 8.288 pct
CAIRO: The weighted average yield at a 14-day deposit auction was 8.288 percent, compared with 8.321 at last auction on Dec. 2, Egypt's central bank said on Wednesday. The bank…
SODIC posts Q1 net loss of $1.9 mln
CAIRO: Egyptian developer Sixth of October Development and Investment Company (SODIC) posted a first quarter net loss of LE 10.9 million ($1.94 million), well below analysts' expectations. Forecasts from three…