When Egyptian mechanical engineer Farid Hassanein received a phone call two years ago notifying him that his application for work in neighbouring oil-rich Saudi Arabia was approved, he thought his long-time dream of owning a car would be close at hand.
The blazing headline read like this: 'Royal intercession saves two lives from the sword'. Literally, the governor of Mecca Province, Prince Makkah Abdelmageed bin Abdelaziz, who heads a committee for securing "forgiveness" for convicted murderers did help spare two from death by the sword.
More than 20,000 Egyptian textile workers have scored a rare win over plans to privatise their publicly-owned company, with a massive strike that forced the company's management and the pro-free market government to back down.
More than 20,000 Egyptian textile workers have scored a rare win over plans to privatise their publicly-owned company, with a massive strike that forced the company's management and the pro-free market government to back down.
Several U.S. business groups have come out against a proposed regulation that would place further control exports on China for fear that Beijing will use U.S. technology to modernise its military. The groups say the plan is unrealistic and unworkable.
Om Samar didn't believe the news. "Muslim scholars banning (female) circumcision? This must be a joke," she said.
The Islamic female veil has again become a bone of contention in this country after Egypt's long-time culture minister, Farouq Hosni, joined an international chorus decrying the practice, despite the growing number of Muslim women donning the attire.
A U.S. deal to give Andean nations trade preferences in return for anti-drugs policies is set to expire, and its renewal looks set to be another tough trade battle, both in Washington and with the four South American partners.
Uruguay has joined a growing list of developing nations that are shunning new loans from the International Monetary Fund and paying their debts in full well before their due dates.
The World Bank has debarred a German engineering company from Bank-backed contracts for seven years for its role in corruption involving an African water project, but Bank watchdog groups say the move is long overdue.
Saddam Hussein doesn't have many friends here, but the death sentence handed down Sunday against the former Iraqi president has invited accusations that the announcement was timed to influence the U.S. congressional elections set for Tuesday, only two days after the verdict.
Angola, Burkina Faso, Chad, Egypt, Mongolia and Vietnam are among the most secretive countries in the world about their own budgets, a new index gauging global budget transparency found Wednesday.
The United States, the world's largest consumer of diamonds, should adopt stronger oversight measures to choke off a trade that fuels wars and human rights abuses in many exporting nations, a U.S. Congressional report finds.
Anti-debt campaigners are hailing as groundbreaking Monday's decision by Norway to cancel 80 million dollars in debt owed by five poor nations after it determined that the loans were not granted in a good faith effort to promote development.
Anti-debt campaigners are hailing as groundbreaking Monday's decision by Norway to cancel 80 million dollars in debt owed by five poor nations after it determined that the loans were not granted in a good faith effort to promote development.
Predominantly foreign male workers who relocated to build massive oil and gas projects, combined with feeble gender policies, have brought prostitution, human trafficking, poverty, HIV/AIDS and greater burdens for local communities around those projects, new research finds.
A leading U.S. labour coalition and an industry group have filed a complaint with the U.S. Trade Representative asking that it formally sanction the government of Jordan for "gross workers' rights violations" under a controversial free trade agreement with the United States and Israel.
One of the world's most exclusive business clubs warned the United States Tuesday that its open-ended national security and war expenditures, along with tax cuts that led to large budget deficits, could affect the country's status as a powerful economic force.
One of the world's most exclusive business clubs warned the United States Tuesday that its open-ended national security and war expenditures, along with tax cuts that led to large budget deficits, could affect the country's status as a powerful economic force.
World Bank President Paul Wolfowitz's anti-corruption crusade could jeopardise those it claims to protect, the poor in developing nations, by letting powerful players off the hook and by not extending corruption probes to the Bank's past lending, a leading U.S. whistleblower group says.
Encouraged by a Russian government decision last week to enforce tougher environmental regulations for the controversial Sakhalin II oil project, international environmentalists say that the European Bank for Reconstruction and Development (EBRD) should change course and withhold funding for the project or risk violating domestic Russian law.