NAM summit kicks off with bold statements by world leaders
CAIRO: UN Secretary General Ban Ki-moon, Egyptian President Hosni Mubarak and Cuban leader Raul Castro chaired the opening session of the 15th Non-Aligned Movement summit in Sharm El-Sheikh Wednesday. The…
Egypt's minister meets Iranian counterpart
CAIRO: The Egyptian and Iranian foreign ministers have met three times this week, signaling a thaw in the tense relations between the two Muslim nations, Egyptian and Iranian diplomats said…
Warship passage indicates Egypt-Israel front against Iran, says Hezbollah leader
CAIRO: The passage of two Israeli warships through the Suez Canal Tuesday are indicative of Egyptian/Israeli security cooperation against Iran's nuclear program, said prominent Hezbollah leader Mohamed Yazbek. Yazbek told…
Mobile phone ownership high among Egypt's youth, says repor
CAIRO: Mobile phone ownership is high among Egypt s younger generation, a report issued by the Nielsen Company, a global information and media company, found out. The report focused specifically…
Banque du Caire and Misr Beltone Asset Management launch LE 100 mln fund
CAIRO: Banque du Caire and Misr Beltone Asset Management, subsidy of the Cairo-based Belton Financial investment bank, established a new LE 100 million money market fund, Al-Qahirah Al-Youmy, they announced…
Growth may slow down to 3.5 pct in 2009, says report
CAIRO: Egypt's economic growth for fiscal year 2009/2010 could slow down to 3.5 percent, Cairo investment bank HC securities predicted in a report released Tuesday. The report, entitled "Egypt Macro…
A 'melancholic' rendezvous in a coffee shop
In the middle of Cairo's downtown bustle is a little café that doubles as a gallery space named "Kunst. With barely enough room to encompass its tables and chairs, the…
Sing when you're moaning: Hong Kong's complaints choir
In a city where people daily take to the streets to shout and wave placards about everything from food scares to tax hikes, one enterprising group has decided to voice…
India's next outsourcing boom: comedy
In 1979, Don Ward opened a small club in London to provide a stage for the best of Britain s undiscovered comic talent. After 30 successful years, he now wants…