I wood, wood you?
By Heba Elkayal The latest accessory trend to hit Cairo is the new watch brand WeWood. Officially launched in Amuse, the Zamalek-based concept store that has become a beacon for a…
A new window to Arab arts
By John Radcliff “Art is the window to man's soul. Without it, he would never be able to see beyond his immediate world; nor could the world see the man within,”…
Oil prices fall on US, Europe debt fears
LONDON: Crude oil prices fell on Monday on growing fears of a sovereign debt default on either side of the Atlantic and on the possibility of another emergency stock release…
Egypt c.bank to offer LE 1 bln in repos on Tuesday
CAIRO: Egypt's central bank said it will offer LE 1 billion ($167.95 million) in seven-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.25 percent.…
835 Palestinians youths held for rock-throwing
JERUSALEM: Over the past five years, Israel's military has detained more than 800 Palestinian youths and children for pelting rocks at Israelis soldiers, and has interrogated and jailed many of…
Egypt to sell first domestic bonds since uprising
CAIRO: Egypt's finance ministry will sell LE 3 billion ($503.8 million) in two-year bonds next week, the first domestic bonds it has offered since Egypt's political uprising erupted on Jan.…
Thousands rally in Morocco over reform plan
RABAT: Thousands of supporters and opponents of constitutional changes offered by Morocco's king protested on Sunday, indicating debate over the country's future sparked by the "Arab Spring" uprisings has not…
Egypt c.bank approves Piraeus unit sale process: paper
CAIRO: Egypt's central bank has given preliminary approval for due diligence to start on the Egyptian unit of Greece's Piraeus Bank after Standard Chartered showed interest in buying it, a…
Global consumer confidence at lowest since late 2009: Nielsen
LONDON: Global consumer confidence fell in the second quarter to its lowest level in a year and a half as an uncertain economic outlook, a deepening euro zone debt crisis…
Libya rebels report heavy street fighting in Brega
BENGHAZI: The battle for the Libyan oil town of Brega switched from the desert to intense street fighting, as veteran leader Moamer Qaddafi vowed never to quit and fresh blasts…
