Export Promotion Bank to Launch New Mutual Fund at End of October
CAIRO: The Egyptian Export Promotion Bank will launch a new E£100 million cash mutual fund with accumulative daily return to invest in low risk securities, such as treasury bonds and…
Tough competition for Egyptian bank
CARIO: There was a fierce bidding war before victory went to Italy's Sanpaolo IMI for $1.6 billion in what had been Egypt's biggest ever auction of state assets. It gave…
Business Highlights
Kuwaitis lead establishment of LE 1 billion north Africa private equity firmCAIRO: Kuwait-based KIPCO Asset Management Company (KAMCO) announced Monday the launch of a KD 50 million (LE 992.4 million)…
Al Jazeera tops Forbes list of Arab brands
Forbes CEO forum comes to the Middle East for the first timeDUBAI: Television news channel Al Jazeera won the top spot in a list of the best-known Arab brands compiled…
Egypt bars public from budget process
Economist say obscurities in budget handling could overburden tax payersCAIRO: Egypt is one of six countries that keep their constituents in the dark about the state of their budgets until…
Veiled Prejudice
Britain's ex-foreign secretary's recent commentary on the Muslim niqab, or full veil, as a "visible statement of separation and of difference that "makes it more difficult for people "to acknowledge…
Al-Ahly eases past helpless Mahalla
Team moves into sixth spot on league tableCAIRO: Two goals from Flavio Amado and Mohamed Abu Treika gave Al-Ahly an easy 2-0 home win over Ghazl Mahalla in the Egyptian…
SPORTS TALK: Cover girls
Sports and religion can coexistFor millions of people, sport is very nearly a religion, yet few, save neglected wives and girlfriends, complain. Why, then, is there dispute when we want…
Sa'deya wants to try
Tale of peasant woman turned prostitute delves into the forbiddenCAIRO: Hussein Abdel Alim's "Sa'deya wa Abdel Hakam wa Akhroun (Sa'adeya, Abdel Hakim and Others) reads like a short film, a…
