Egypt Invest 2006 will look at implementation, impact of investment
CAIRO: While there is no denying the success that Egypt has been enjoying in attracting foreign direct investment (FDI) into the country over the past two years, it is also…
Loan expected to support reform
ADB continues participation in developmentCAIRO: Egypt has been awarded a loan of $500 million (LE 4.2 billion) from the African Development Bank (ADB), which will be used to support the…
Insurance holding company established
Move may be precursor to privatizationCAIRO: President Hosni Mubarak issued a decree yesterday to form a holding company for insurance, bringing the four main public insurance firms as well as…
Outpouring of private aid for war-torn Lebanon
NGOs, private corporations organize donation campaigns and transportation to LebanonCAIRO: With the continuous escalation of violence in Lebanon and mounting frustration with official Arab responses to the Israeli aggression, civil…
Egypt hopes UN will call for Lebanon ceasefire in 48 hours
BEIRUT: Foreign Minister Ahmed Abul-Gheit expressed hope Wednesday that the United Nations Security Council would issue an appeal for a ceasefire between Israel and Hezbollah within the next 48 hours.…
Germany: Mideast Quartet to help address Lebanon crisis
Egypt named as Arab candidate to be associated with QuartetAssociated PressBERLIN: Germany suggested yesterday that the so-called Quartet of Middle East negotiators, be reactivated with help from Arab nations to…
CBE names shortlist for Bank of Alexandria sale
CAIRO: The government said on Wednesday it had short-listed six candidates to buy a 75-80 percent stake in the state-owned Bank of Alexandria, and will allow them to carry out…
Miss Beach
ŠΘ###The judges included musician Helmy Bakr, actress Hala Sidki, and writer Ikbal Baraka, here, Samo Zein and Nahla Zaki##Photography by Hassan IbrahimThe winner was the beautiful Alexandrian Nahla Zaki. Guest…
Camels for sale
Traders cater to tourists, trekkers, and those with an exotic palette CAIRO: Abdul Hakim has his camels to thank. After 40 years of buying and selling them, he was able…
Navigating the transportation maze
Gas prices prompt people to consider other means of traveling around CairoCAIRO: Whichever way you choose to travel through the city, taking transportation in Cairo is an adventure shared with…
