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With all the turmoil in the Middle East, few took much notice when Egyptian businessman Naguib Sawiris signed a deal last December involving a firm from a neighboring country. This was no routine transaction. Sawiris, CEO of Orascom Telecom Holding SAE, in Cairo, purchased 9.9% of Partner Telecommunications Co. Ltd., in Tel Aviv, considered to be the biggest investment, valued at $150 million, ever made in the Jewish state by an investor from an Arab country. Sawiris expected the rebukes he received from some fellow Arabs for doing business with Israelis even as the Israeli-Palestinian conflict still rages...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...which is headquartered in Athens. About 100,000-150,000 tons of oil is spilled into the Mediterranean every year from accidents and operational dumping by ships, according to the U.S. National Academy of Sciences' National Research Council, which monitors ocean oil spills. Industrial waste, too, pollutes the waters. Egyptians have long called their port city, Alexandria, the jewel of the Mediterranean, but it has lately earned another reputation as "the outstanding champion of pollution," according to Mifsud. Factories dump waste water into the port's bays and into Lake Maryut, 1 km from the sea. Egypt's government blames...

Author: /time Magazine | Title: The Mediterranean's Tuna Wars | 7/16/2006 | See Source »

...thought of the things you enjoy when you stay with friends," says Hunter, "swhether it's the little touches they put in your room, a great meal or a cold drink on the terrace." Guest rooms are tastefully opulent: plush pink, red and orange fabrics, modern dark-oak furniture, Egyptian cotton sheets and bespoke artwork. But the details feel like home: a chess set on the table, candles by the bathtub, books you might actually read and a welcome bag with a little rubber duck inside. If you can pull yourself away from the Bang & Olufsen entertainment center, the hotel...

Author: /time Magazine | Title: Reading Rooms | 7/10/2006 | See Source »

...ARRESTED. Marco Mancini and Gustavo Pignero, officials with sismi, Italy's military-intelligence agency; for involvement in the 2003 kidnapping in Milan of Hassan Mustafa Osama Nasr, a radical Egyptian cleric suspected of ties to terrorism; in Milan. Italian prosecutors are also seeking the arrest of 26 Americans?most of them believed to be CIA operatives?in connection with the abduction of Nasr, who was spirited to Egypt, imprisoned and, he says, tortured under interrogation by U.S. agents about his alleged terrorist ties...

Author: /time Magazine | Title: Milestones | 7/10/2006 | See Source »

...been forced to defuse such hostage conflicts by releasing prisoners - including ranking members of Hamas and other militant organizations - in order to win release of their soldiers or, in some cases, soldiers' bodies. Shalit's captors are demanding it does so now. Thus far, to no avail. Negotiations through Egyptian mediators are ongoing, says Palestinian President Mahmoud Abbas, but many obstacles remain. While Baroud, like many parents of Palestinian prisoners, wants Gilad's captors to treat him well, none would advocate that he be freed without getting something in return. For years, Palestinians have tried to call attention...

Author: /time Magazine | Title: Families Held Captive | 7/9/2006 | See Source »

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