Citigroup executive foresees higher growth in retail banking and increased bond issues
CAIRO: The Egyptian banking sector has witnessed substantial developments since the unified banking law was introduced in 2003. The law strengthened the independence of the central bank and increased the…
How low can you go?
If the Juventus football match-fixing allegations have got you wondering whether indeed soccer games are rigged, the short answer is: of course they are, silly, at least some of them.…
Friction mixes clothes, sports, music and furniture
CAIRO: Whoever said there are no good places to shop in Egypt? Throughout the past year, several new stores have opened, providing us with a number of the most demanded…
La Pietra's specialties now available at El Gezira Club
CAIRO: Imagine yourself sitting in a garden with grass swaying to the rhythms of a cool summer breeze on a hot sunny day; sipping an icy chocolate drink under the…
Tensions rise after Hamas aide caught with cash on Egypt-Gaza border
Reuters GAZA: Rival Palestinian forces faced off briefly at Gaza s border crossing with Egypt on Friday after a Hamas official was caught with 639,000 euros hidden in his clothing,…
Developing nations want more say in selection of next UN chief
Associated PressUNITED NATIONS, Egypt: A group of poor nations might reject the next candidate for UN secretary-general in protest unless it gets more say in finding Kofi Annan s replacement,…
Olmert deputies to meet Abbas in Sharm El-Sheikh
Reuters JERUSALEM: Israeli Prime Minister Ehud Olmert s top two deputies will hold talks with Palestinian President Mahmoud Abbas on Sunday in the highest-level contact since Hamas swept to power…
Rachid pushes for more intra-Arab trade
CAIRO: Increased economic integration of Arab countries is one of the priorities of Minister of Trade and Industry Rachid Mohamed Rachid, who discussed the measures being taken to address some…
Egypt protects WEF from sea attack
SHARM EL-SHEIKH, Egypt: Egyptian security closed jetties and moved boats for divers away from the scene of a World Economic Forum event opening on Saturday in the Red Sea resort…
Key Sinai bombing suspect killed in blast
CAIRO: A leader of an Islamist group blamed for a spate of deadly attacks in tourist resorts in the Sinai Peninsula over the past two years was killed in an…
