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Latest in Real Estate


Europe’s ‘Big Bang’ probe sends back first image of cosmos

PARIS: A space telescope designed to peer into the enigma of the "Big Bang" has served up its first overall image of the cosmos, the European Space Agency said on Monday. The picture "is an extraordinary treasure chest of new data for astronomers," ESA declared. The image was painstakingly built up, slice by slice, by …

AFP

Particle physics: ‘Honey, I shrunk the proton’

PARIS: Scientists lobbed a bombshell into the world of sub-atomic theory on Wednesday by reporting that a primary building block of the visible Universe, the proton, is smaller than previously thought. More precisely, revised measurements shave four percent off the particle’s radius, according to a study in Nature that is highlighted on the journal’s cover. …

Daily News Egypt

Oil jumps to around $75 on equities, US data

LONDON: Oil rose to around $75 per barrel on Thursday, supported by a rally in stock markets and an industry report showing a sharp fall in crude oil inventories in the United States, the world’s biggest oil consumer. The euro surged to a two-month high and Asian stocks climbed to their highest in more than …

Reuters

BP spill nears a somber record as Gulf’s biggest

NEW ORLEANS: BP’s massive oil spill will become the largest ever in the Gulf of Mexico by Thursday based on the highest of the federal government’s estimates, an ominous record that underscores the oil giant’s dire need to halt the gusher. The oil that’s spewed for two and a half months from a blown-out well …

Daily News Egypt

Scientists say test could predict menopause

LONDON: Doctors could one day use a blood test to predict decades in advance when women will go into menopause, scientists say. In research to be presented on Monday at a European fertility conference in Rome, Iranian experts say their preliminary study could be a first step toward developing a tool to help women decide …

Daily News Egypt

Study pushes back dawn of multicellular life on Earth

PARIS: Scientists unveiled fossils from West Africa Thursday that push back the dawn of multicellular life on Earth by at least 1.5 billion years. Just how complex the newly discovered organisms are is sure to be hotly debated. But there can be no doubt that the creatures unearthed from the hills of Gabon, visible to …

AP

Giant predatory whale named for ‘Moby Dick’ author

LONDON: Scientists have discovered an ancient whale whose bite ripped huge chunks of flesh out of other whales about 12 million years ago — and they’ve named it after the author of "Moby Dick." The prehistoric sperm whale grew to between 13 and 18 meters (up to 60 feet) long, not unusual by today’s standards. …

AP

Oman c.bank sees pressure on currency if CPI rises

DUBAI: Oman’s central bank may continue pursuing an accommodative monetary policy for an extended period and expects a pressure on the currency if inflation differential to the United States widened further, it said on Thursday. The Arab Gulf oil producer needs to keep its monetary policy closely aligned with the United States due to its …

Reuters

Quantum control: New step forward for supercomputers

PARIS: Scientists said they had overcome two hurdles in the quest for quantum computers, whose backers say will pry open an era of computing magic by exploiting a quirk of the sub-atomic world. Dubbed "supercomputers on steroids" but facing daunting technical obstacles, quantum computing is based on a counter-intuitive theory of particle physics. When two …

AFP

Astronomers glimpse distant planet's lethal moods

PARIS: A planet named after ancient Egypt’s Lord of the Dead is a place where human beings would be simultaneously boiled, poisoned and ripped apart by super storms, astronomers reported on Wednesday. The distant world, orbiting a bright star in the constellation of Pegasus 150 light years from Earth, is known officially as HD 209458b, …

AFP

UN climate panel names new authors after criticism

GENEVA: The UN science body on climate change, accused of ignoring its critics and allowing glaring errors to creep into its work, announced Wednesday that a broader range of experts will write its next report on global warming. The Intergovernmental Panel on Climate Change included more women and scientists from developing countries, but also selected …

Daily News Egypt

Nations fail to limit whaling, Japan still hunts

AGADIR, Morocco: An international effort to truly limit whale hunting collapsed Wednesday, leaving Japan, Norway and Iceland free to keep killing hundreds of mammals a year, even raiding a marine sanctuary in Antarctic waters unchecked. The breakdown put diplomatic efforts on ice for at least a year, raised the possibility that South Korea might join …

Daily News Egypt

Suicide bombers kill five as 12 die in Iraq unrest

MOSUL: Three suicide bombers killed four police and a soldier in separate attacks in Iraq’s main northern city of Mosul on Thursday, as violence claimed a total of 12 lives nationwide, police said. Most of the attacks came in Al-Qaeda strongholds as Iraqi and US commanders warned that a persistent political vacuum nearly four months …

AFP

Ahmed Beltagy: Meet the man behind the country's biggest musical concerts

  It was an occasion that created a lot of buzz last September: Could Beyoncé Knowles, the multi-platinum selling American singer, really be coming to Egypt to perform, in Port Ghalib of all places?   To the amazement of many, the concert that took place last November went without a single glitch, and attendees spoke …

Heba Elkayal

At new dating site, love is in the MacBook Air

SAN FRANCISCO: Apple Inc.’s ads used to challenge consumers to "think different." Now a website wants fans of the company’s products to date different, too. Called Cupidtino, an homage to Apple’s home base in Cupertino, Calif., the site aims to connect Apple aficionados with like-minded "Machearts." The idea is that if you love iPhones and …

AP

Sea creatures flee oil spill, gather near shore

GULF SHORES, Ala: Dolphins and sharks are showing up in surprisingly shallow water just off the Florida coast. Mullets, crabs, rays and small fish congregate by the thousands off an Alabama pier. Birds covered in oil are crawling deep into marshes, never to be seen again. Marine scientists studying the effects of the BP disaster …

DNE

Scientists retrieve capsule, seeking asteroid dust

ADELAIDE, Australia: Scientists recovered a Japanese space capsule that landed in the Australian Outback after it traveled to an asteroid and hopefully obtained samples with clues into the evolution of the solar system. The Hayabusa explorer returned to Earth overnight Monday after a seven-year, 4-billion mile (6-billion kilometer) journey, burning apart on re-entry in a …

Daily News Egypt

Study says, Shrinking glaciers to spark food shortages

DUBAI, United Arab Emirates: Nearly 60 million people living around the Himalayas will suffer food shortages in the coming decades as glaciers shrink and the water sources for crops dry up, a study said Thursday. But Dutch scientists writing in the journal Science concluded the impact would be much less than previously estimated a few …

AP

EU may send naval mission towards Gaza, says Ashton

STRASBOURG: The EU may send a naval mission towards Gaza to help control the transit of goods if Israel lifts its blockade of the Palestinian territory, the bloc’s foreign affairs chief said Wednesday. Catherine Ashton said there may be a "maritime option for a CSDP (Common Defense and Security Defense Policy) mission," adding however that …

AFP

Activists, MPs call for Netanyahu, Barak arrest over flotilla raid

CAIRO: Egyptian activists and MPs filed a complaint to Prosecutor General Abdel Meguid Mahmoud on Thursday, calling for the arrest of Israeli Prime Minister Benjamin Netanyahu and his Defense Minister Ehud Barak upon entering Egypt. The group says the Israeli officials committed war crimes and crimes against humanity during the Israeli attack on the ‘Freedom …

Essam Fadl

Nokia launches bicycle-powered charger

HELSINKI: The world’s top mobile phone maker Nokia on Thursday released details of four new cheap phone models and a battery charger powered by the energy generated from riding a bicycle. The charger, which can be fitted into any Nokia phone with a 2 mm charger jack, uses a dynamo to generate electricity from the …

AFP

Is the Palestinian Israeli Peace Process savable?

CAIRO: Creating a political climate conducive to the advancement of the peace process is an important but daunting task, particularly as the international consensus for establishing a Palestinian state on the basis of the pre-1967 borders is being challenged by aggressive Israeli expansionist policies, as well as ethnic cleansing in East Jerusalem. In fact, we …

Daily News Egypt

Scientists warn of unseen deepwater oil disaster

NEW ORLEANS: Independent scientists and government officials say there’s a disaster we can’t see in the Gulf of Mexico’s mysterious depths, the ruin of a world inhabited by enormous sperm whales and tiny, invisible plankton. Researchers have said they have found at least two massive underwater plumes of what appears to be oil, each hundreds …

Daily News Egypt

Six men to be locked up on 520-day 'Mars mission'

MOSCOW: Six men from Europe, Russia and China will on Thursday be voluntarily locked away in a module for almost one and a half years to simulate the effects of a mission to Mars. An Italian, a Frenchman, three Russians and a Chinese man will spend the next 520 days in the 550 cubic meter …

Daily News Egypt

Tasweeq keeps high premiums; buyer opts out

SINGAPORE: Tasweeq is keeping its plant condensate premiums for third quarter at about $21 a ton above Middle East quotes on a free-on-board (FOB) basis, unchanged from second-quarter, causing a buyer to forego the parcels for the stated period due to the high prices, traders said on Thursday. Some 50,000 tons of plant condensate — …

Daily News Egypt

Obstacles remain to effective legal system

CAIRO: While access to justice is protected by Articles 66 and 68 of the constitution, there remain obstacles to implementing them, a two-day workshop concluded last week. Around 35 people – lawyers, government and NGO representatives, as well as researchers – attended the Regional Workshop on National Assessments on Access to Justice and Legal Aid, …

Katharina Natter

Second Iceland volcano 'could erupt' in near future

LONDON: An Icelandic volcano neighboring Eyjafjoell, whose eruptions paralyzed Europe’s skies last month, could come to life in the near future, according to experts. "An eruption in the short term is a strong possibility," experts said, referring to Katla, which is larger and fiercer than Eyjafjoell, in a report from the University College London (UCL) …

AFP

BP launches 'top kill' to stop US oil leak

NEW ORLEANS: BP launched a complex, risky deep-sea operation to cap the Gulf of Mexico oil leak, under huge pressure to get it right this time and staunch the five-week-old spill. Shortly after winning final approval from US officials, the British energy giant announced the maneuver dubbed a "top kill" had begun at 1800 GMT. …

Daily News Egypt

Elton John wows fans at 'memorable' Morocco concert

British pop star Elton John performed before some 40,000 adoring fans in Morocco late Wednesday, living up to his promise of a "memorable" concert in a country whose main Islamic party had called for a ban on the openly gay singer. John wowed the audience at Rabat’s international Mawazine festival with a selection of hits …

AFP