Decree forming Egypt anti-corruption committee underway
CAIRO: Minister of State for Legal Affairs and Parliamentary Councils Mufid Shehab said that the ministerial group for political and legislative affairs has finished reviewing the draft decree by the…
Three Egyptian journalists receive Anna Lindh award
CAIRO: Three Egyptian journalists received the prestigious Anna Lindh Journalist Award, including the Professional Recognition Prize awarded to columnist Mona El Tahawy. Prince Albert II of Monaco presented the awards…
Student electoral lists due Sunday amid tension on Egypt’s campuses
CAIRO: With the final electoral lists of student union candidates due to be announced Sunday, universities around Egypt have witnessed several protests in the past few days after some students…
Australia to play Egypt, UAE ahead of Asian Cup
Australia will play Egypt and the United Arab Emirates in international friendlies ahead of next January's AFC Asian Cup, Football Federation Australia said on Friday. The Socceroos will face Egypt…
African football boss collapses at conference
CAIRO: African Football Confederation president Issa Hayatou was recovering in hospital on Friday after collapsing at the FIFA-CAF World Cup conference in Cairo. Hayatou, 64, fainted during a closed session…
Confidence returns to Middle East investment
DUBAI: Middle East governments and companies are raising cash again from debt and equity markets, while solid oil prices and improving economic fundamentals are helping the region recover and restructure.…
Islamic finance faces political hurdles in US
DUBAI: From Australia to Britain and even France, which recently banned the face-veil, Western economies are adjusting their laws to encourage growth in the Islamic finance sector they hope will…
Lafarge exec says Iraq improving for investors
BAGHDAD: Iraq's investment climate is getting better but foreign investors are awaiting the passage of national industry and consumer protection laws to further improve the environment, the Iraq chief of…
Dubai’s DEWA says offers for bond more than $13 bln
State-owned utility Dubai Electricity and Water Authority's $2 billion two-tranche bond drew demand in excess of $13 billion, the company said on Friday, below the level indicated on Thursday. Lead…
Vimpelcom investor questions Sawiris’ terms
Vimpelcom, Russia's second-largest mobile phone operator, may need to reassess the price it is paying for most of the telecoms assets of Naguib Sawiris, the Egyptian entrepreneur, Telenor has signaled.…