Government to cancel Sidi Abdel Rahman deal
CAIRO: The Holding Company for Tourism (HCT) announced yesterday it is launching legal action against Emaar Misr to reclaim the Sidi Abdel Rahman land plot sold for LE 1.2 billion…
Four local banks finance $450 million for Port Said propylene plant
CAIRO: A consortium of four banks, headed by Commercial International Bank (CIB), has finalized a deal with the Egyptian Propylene and Polypropylene Company (EPPC) to finance $450 million (LE 2.6…
France's losing battle to control the onset of globalization
When President Jacques Chirac bid farewell to politics this month, he summed up what is known here as French "exceptionalism by insisting that "France is not a country like the…
The Arab summit can kick-start peace in Darfur
After four years of genocide in Darfur, the world continues to try managing a conflict in desperate need of resolution. Today, the Arab League will issue a final statement at…
Michel Aoun can cut the Gordian knot
Lebanon is locked in stalemate as the majority and opposition remain encamped behind their red lines. But there is a way out, and the solution lies in the hands of…
Between Iran and Israel, all is lost
Do not put any hope in the Riyadh Summit of the League of Arab Nations. The Arab heads of state are meeting at a time that will go down in…
Youth views: Welcome, Mr Ban, to the "most impossible job on Earth"
CAIRO: "As Secretary-General, I will make the most of the authority invested in my office by the Charter and the mandate you give me. I will work diligently to materialise…
Walk like an Egyptian or sing like a football fan?
Arabs, Muslims, Copts, what defines us?CAIRO: Only football speaks Egyptian louder than politics, economics and religion. And as religious chants and slogans, coupled with quasi-pop fanfare music, replace the patriotic…
Commentary: It is now Israel's call
The Israeli government should accept the Arab initiative because it has a solemn obligation to explore any possibility, however remote, to peacefully end the Arab-Israeli conflict. Israel can accept the…