Gaza battles rage, toll passes 1,000
GAZA CITY: Israeli troops battled Palestinian gunmen on Wednesday in Gaza, where more than 1,000 people have now been killed in the war on Gaza, and rockets slammed into northern…
UN Sec Gen refuses to comment on prohibition to visit Gaza
CAIRO: United Nations Secretary General Ban Ki-moon refused to divulge whether Israel had prohibited him from visiting the Gaza Strip 19 days after the Israeli offensive. Asked at a press…
Egypt to tell Israel Hamas 'favorable' to truce plan – Wrap, Lead
CAIRO: Egypt is to pass Hamas favorable response to a Gaza ceasefire plan to Israel, Egyptian officials said on Wednesday, as the death toll from Israel s war in the…
Arab states should shun calls to invest in West, says Arab League
KUWAIT CITY: Arab countries should not bow to pressure from Western countries to use their surplus funds to help resolve the global economic crisis, an Arab League official said in…
Orascom Telecom unit buys Namibia's Cell One
CAIRO: A subsidiary of Egyptian telecom giant Orascom Telecom (OT) has bought Namibian mobile operator Cell One in a $59 million cash deal, OT said on Wednesday. OT, the biggest…
Expert tips to surviving the financial crisis
CAIRO: "Are these bad times? The obvious answer is yes. So what do we do? Mohamed Sultan, general manager of Procter and Gamble Egypt, asked. "We focus on fundamentals that…
Subdued Sundance predicted as festival opens today
The 25th Sundance Film Festival gets underway Thursday with more than 100 movies due to be screened over the 10-day carnival, the world s largest marketplace for independent film.Against a…
Maadi's Kotob Khan joins publishing bandwagon
In recent years, Egypt's publishing houses have started to invest in harvesting a new pool of talent to capitalize on the current literary boom.Malamih, for instance, are chiefly catering their…
Deflation and Democracy
PRINCETON: The history of finance is partly the history of a struggle for a stable, secure way to measure value. And, like any quest for certainty in our unpredictable world,…
The right to self-defence is not a strategy for peace
WASHINGTON DC: From an Israeli perspective, the cost in international outrage and Palestinian civilian lives of the current attacks on Gaza is worth the price of crushing Hamas's firepower. The…