The 10 best memories of Christmas cheer
The season to be jolly in the heart of CairoCAIRO: Autumn, it is the northern hemisphere's favorite condition, and also Cairo's best season. It is the 'silly season.' A shopping…
Koshary in first class; a new look at airplane food
Lufthansa unveils new gourmet Arab-European fusion menuLufthansa Airlines unveiled a new Middle East-themed menu at a lavish event Thursday night at the Marriott Zamalek. The buzzwords for the evening were…
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…