Give the Egyptians more tea

KOLKATA: Indian tea exports to Egypt have surged after Egypt slashed import duties, a senior Tea Board official said on Friday. India, the world s largest producer and consumer of…

Daily News Egypt

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…

Noozz

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…

Noozz

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)…

Ahmed A. Namatalla

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…

Agencies

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…

Sarah El Sirgany

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…

Daily News Egypt

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…

Hatem Maher

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…

Alaa Abdel-Ghani