It's high time for reform, say banking experts
Despite the air of uncertainty hovering over world markets, focusing on modernization and going forward with reform is the only route towards economic development in the region, experts said at…
Bank results roundup
The banking sector, which has been releasing its 2008 numbers over the past couple of weeks, has been showing mixed results. With earnings all over the map, the banks have…
Mobiserve managing to hold its own
As mobile phone and e-banking services prove more indispensable, service providers and maintenance companies find their businesses thriving even during financially troubled times.In Egypt, mobile phone operators continue building and…
BUSINESS BEAT: Liquidity in Egyptian banks still strong
The phrases "good news and "global economy are rarely found in the same sentence these days as world markets continue to plummet, companies continue to announce bankruptcy and more jobs…
A history captured in smiles
German Culture Center Goethe Institute is currently hosting an exhibition of a refreshingly simple collection of studio portraits charting renowned German photographer Charlotte Mathesie's lifelong career via her work.Charlotte Mathesie…
Gay Asians criticize Oscar speech's TV censorship
Gay Asians voiced indignation Wednesday after television broadcasts of the Academy Awards in their region censored the words gay and lesbian in speeches that called for equal rights for homosexuals.The…
There must be recourse to law
The period during and after the three-week long Israeli war on Gaza has witnessed numerous calls by different parties to investigate allegations of Israeli war crimes. These include calls by…
Firewalls to Freedom
NEW YORK: Even the most cold-hearted realists would agree that the failure of Communist censorship played a role in the collapse of the Iron Curtain: Voice of America, the fax…
Shaky Social Contracts
LONDON: "Enrich yourselves, China's Deng Xiaoping told his fellow countrymen when he started dismantling Mao Zedong's failed socialist model. In fact, elites everywhere have always lived by this injunction, and…
Decoding Egypt: Against the National Interest
CAIRO: Although the concept of the "national interest (or "public interest ) is frequently used by scholars and practitioners, little agreement has been reached on its exact definition and the…