Ahli United Bank purchases Delta International
CAIRO: The Ahli United Bank Group celebrated the acquisition of Delta International Bank, one of Egypt s leading private banks in a press conference held at the Four Seasons Garden…
Greeks, Arabs bids for Egypt's Alwatany: paper
DUBAI: Egypt has asked five Greek and Middle Eastern banks to conduct due diligence on Alwatany Bank of Egypt and offer to take over the lender, Dubai-based Al-Bayan daily said…
Malaysia's Tanjong buys 7 more power plants
KUALA LUMPUR: Malaysian power and gaming group Tanjong Plc agreed on Monday to buy control of another seven power plants in Egypt and Asia for $493 million.Tanjong said its 55-percent-owned…
Adieu to the troops in the trenches
Running, managing, and editing a newspaper is very much like operating on a battlefield, sticking it out in the muddied trenches with your troops, barking orders at the crack of…
Egypt could be 'India of the Middle East'
CAIRO: The Boston-based Yankee Group, an independent technology research and consulting firm, announced this week that Egypt's growing global outsourcing potential may make it the next India, which currently accounts…
Mermaids and crocodiles for your chest
What is Egyptian jewelry? If Khan El-Khalili market is any way to judge, then silver kafs and turquoise eyes are "Egyptian jewelry. But after four thousand years and multiple heritages,…
Health activists look to religion for case against female genital mutilation
Associated Press NAIROBI: Trying to stop a bloody ritual undergone by millions of Muslim women in sub-Saharan Africa and the Arab world, health activists are trying a new appeal -…
Four Israeli tourists, Egyptian injured in road accident in Sinai
Associated Press EL ARISH: Four Israeli tourists and their Egyptian driver were injured Friday when their minibus overturned in the Sinai peninsula, police and hospital officials said.The minibus was driving…
Egypt stock benchmark jumps to highest in 15 months
CAIRO: Egypt s benchmark Hermes stock index jumped to its highest close in more than 15 months on Sunday as surging markets in the United Arab Emirates boosted confidence among…
Burkina Faso delays production of genetically modified cotton
OUAGADOUGOU: Burkina Faso has postponed until 2009 the start of genetically modified cotton production, a controversial process that the country s authorities say is necessary to compete. We cannot produce…
