The US must engage Somalia now, before the Horn blows
Unlike the Middle East, which is frequented by senior officials from the United States government, when it comes to Africa, the US prefers to send its second-in-command. This is not…
Experts fear fraud in upcoming union election
Sunday's vote seen as opposition challenge to NDPCAIRO: On Sunday Egyptian workers begin the first round of voting in elections for the national basic union, electing new representatives to a…
China rising: is the emerging superpower colonizing Egypt and Africa?
Mubarak in Beijing for trade talks that could represent major policy shiftCAIRO: While Egyptian leaders are keen on increasing Chinese investment, they should do so carefully, warns an economic expert.Samir…
Another Egyptian bank up for sale?
Bahraini bank says interested in Cairo bankCAIRO: Bahrain Islamic Bank has asked the Central Bank of Egypt for permission to conduct a due diligence study of Cairo-based Arab Investment Bank…
Dubai Based Al Futtaim Group Unveils LE 20 Billion Cairo Festival City Project
CAIRO: At Egypt Invest Conference Al-Futtaim Group Real Estate chief affirms Dubai-based real estate developer s long-term commitment to Egypt Dubai-based Al-Futtaim Group LE 20 Billion Cairo Festival City, the…
Business Recap: Mortgage financing reaches LE 650 million
CAIRO: Mortgage Finance Authority (MFA) Chairman Osama Saleh announced Monday total lending under the government s revised mortgage finance system had reached LE 650 million by the end of September.…
Egypt coaxing Russia to set up shop in local industries
Associated PressMOSCOW: Egypt is offering incentives in an attempt to lure Russian companies to set up operations there in pharmaceuticals, energy and other industries, President Hosni Mubarak said Thursday on…
Efad Holding launches subsidiary in Egypt
CEO: company looking to duplicate Kuwaiti business model locallyCAIRO: Kuwait s Efad Holding, a private company with 16 subsidiaries operating in the real estate, transportation and banking sectors in the…
One American's wish for a more peaceful world
My wish for my country is that we would stop being hypocrites and demand that the Bush administration ends the increasing cycle of violence and suffering in Iraq. If an…
