HDB nine-mth profit down 13.3 pct
Egyptian lender Housing and Development Bank (HDB), preparing for a possible merger, posted a 13.3 percent fall in nine-month net profit to LE 170 million ($29 million). The figure was…
GB Auto ends talks with Tata Motors
GB Auto, Egypt's biggest listed automobile assembler, said on Thursday it had ended talks with Tata Motors about selling the Indian group's vehicles in the Arab world's most populous market.…
Editorial: Towards an Ivory Coast scenario
By Rania Al Malky The world has been watching in amazement as two men claimed a right to the top job in a fellow African country, the conflict-plagued Ivory Coast. Clashes…
Egypt’s real shark problem
By David Faris International attention remains focused on the recent spate of gruesome shark attacks in Egypt. But the real threat is not from wandering Makos in the glittering alternate tourist…
Reviving the West
By Gordon Brown LONDON: In 2008, at a time of financial peril, the world united to restructure the global banking system. In 2009, as trade collapsed and unemployment rose dramatically, the…
The Berlusconi paradox
By Paolo Messa ROME: One storm has passed in Italy. Another, perhaps bigger storm, has yet to begin. Not for the first time, Italian politics are a landscape of paradoxes and…
Pope calls Christians the most persecuted
VATICAN CITY: Pope Benedict XVI said Thursday that Christians suffer more religious persecution than any other group, denouncing lack of freedom of worship as an "intolerable" threat to world security.…
Orange Square: Tailored suits in Zamalek for men
Just a couple of meters away from the famous Zamalek café area of Om Kalthoum Hotel is Orange Square, a formal men’s wear shop best known for their tuxedos and…
Marks & Spencer: Now open in Cairo
Shoppers in Egypt, rejoice. Marks & Spencer has opened its doors in Cairo, offering a selection of women’s and men’s wear, children’s clothing and household items. Located on the ground…
Golden Dragon: Pleasant Chinese restaurant in Zamalek
Many in Cairo have strong feelings when it comes to good Chinese cuisine, or rather its lack thereof in Cairo. We bear good news worth rejoicing. A new Chinese restaurant…
