Egypt celebrates past Sinai victory, but for the young frustration outweighs pride
CAIRO: Egypt celebrates Sinai Liberation Day today, marking 35 years since the victories of the 1972 war against Israel which eventually led to the return of the Sinai Peninsula from…
Oryx acquires 30 pct of HC
CAIRO: Oryx Regional Private Equity Fund, based in Bahrain, acquired 30 percent of "HC Securities and Investment Company , HC announced late last week. Oryx Regional Private Equity Fund is…
Mice, changing travelers' behavior: surge in sales
CAIRO: Marriott International Sales Office announced a 12 percent growth in sales for 2006 in the Middle East, Africa and the Subcontinent in comparison to 2005. The increase was driven…
Medical solutions for Egypt's health system
Siemens signs contract for Children s Cancer HospitalCAIRO: Medical solutions for Egypt s health care system were discussed at Siemens First Annual Medical Solutions Awareness Day held Sunday in Giza.…
Egypt to supply Lebanon with natural gas
Prime Minister Ahmed Nazif announced that Egypt plans to supply Lebanon with natural gas, the official news agency Mena reported on Monday.Cabinet spokesman Magdi Radi was reported to have said…
Dubai's Abraaj seeks takeover of Egypt Fertilizers
Dubai-based private equity company Abraaj Capital is in talks to take over Egyptian Fertilizers Co. EGFR.CA, the general manager of the Egyptian company said on Monday.Mustafa Kamel said that Abraaj…
Gabr speaks out on Emaar furor, Artoc chief refutes newspaper talk
CAIRO: Artoc Chairman Mohammed Shafik Gabr spoke to the press Monday on the infamous Emaar project which had tongues wagging in the Egyptian press over Gabr's reasons for selling his…
Serious talks must start with a prisoner exchange
When it comes to a prisoners exchange between the Palestinian Authority and Israel, there are still difficult negotiations lying ahead. The internal dynamics on both the Palestinian and the Israeli…
Japan is changing, but few seem to be noticing
Mention Asia, and most people think of the region's fascinating, rising giants, China or India - or both. Or people think about North Korea's nuclear program, some terrorist incident, or…
Tourism meets terrorism in Morocco
The three suicide bombings on April 10 in Casablanca, and two more on April 14, not only called attention to Morocco's rising terrorism problem, but also exposed one of the…