Standard Chartered eyes Piraeus Egypt
CAIRO: In an effort to mitigate risks in the coming period, Greek-based Piraeus Bank agreed to sell Piraeus Egypt to Standard Chartered Bank. After being subject to the European Union-wide…
New finance minister needs to ‘move forward’, says expert
CAIRO: Executive Director of the Egyptian Center for Economic Studies, Magda Kandil said that although finance minister Samir Radwan resigned, the fiscal year budget is still in place, highlighting the…
Seven hurt in Israeli raid on Gaza: Palestinians
GAZA CITY: Seven people were wounded in Gaza on Sunday by what Palestinian medical sources said was an Israeli air strike, but Israel denied it had carried out any such…
Qaddafi defiant in face of rebel assault on Brega
TRIPOLI: Fresh blasts rocked Tripoli on Sunday after veteran Libyan leader Moammar Qaddafi vowed never to give in to mounting calls to go into exile despite a new offensive by…
Deschanel appeals to kids, parents with Pooh music
When Zooey Deschanel was a little girl, she listened to children's music by Harry Nilsson, Carole King and others — and those songs remain on her playlist today. So when…
Hacked off celebrities lead war on British tabloids
It took the hacking of a murdered girl's phone to make the News of the World scandal explode, but British celebrities have wasted no time in using the row to…
Khaled Saeid: Justice and dignity
By Philip Whitfield ALEXANDRIA: The scene of the crime is surprisingly unassuming. Hassan Messbah and his assistant Ahmed Nasr are calm, reflective and unwavering as third-party observers to the killing that…
Securing food in volatile markets: From rhetoric to action?
By Stefan Tangermann Spiking food prices, and their impact on hunger, were finally given the attention they deserve at a recent summit of agriculture ministers from the G-20 group of major…
Green bootleggers and Baptists
By Bjørn Lomborg NEW YORK: In May, the United Nations’ International Panel on Climate Change made media waves with a new report on renewable energy. As in the past, the IPCC…
Arab UK Festival celebrates multiculturalism
By Nada Akl LONDON: In recent years, multiculturalism in Europe has sometimes been framed as negative, the cause of trouble and the marker of societies undergoing an identity crisis. But multiculturalism,…