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When joggers, pedals rule streets

  Cairo / AFP On a Friday morning in Cairo, Ahmed Shazly stopped a few cars to allow some 3,000 joggers to cross a near-deserted road in the normally gridlocked metropolis. Streets that during the week are snarled with exhaust-spewing cars turn almost silent on weekend mornings — Fridays and Saturdays in Egypt — as most shops and businesses are ...

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Polo’s elite image dissolves in Europe

  Berlin / DPA Legend has it that polo originates in Persia and dates back to around 370 BC. Alexander the Great, whose armies swept through some 40 years later, is said to have become an instant fan. By the mid 19th century the sport had taken hold among Europe’s upper classes, with British army officers among the most passionate ...

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Nasdaq Dubai launches trade in single-stock futures

  Dubai / Reuters The Nasdaq Dubai exchange began trading single-stock futures on shares in some of the UAE’s biggest companies on Thursday, a step towards drawing fresh money into UAE equity markets. Nasdaq Dubai’s standardised, exchange-listed futures, or agreements to buy or sell shares at an agreed price on a future date, are cheaper to trade and more transparent, ...

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