Moving in the right direction
CAIRO: While no one can deny that the investment climate in Egypt has significantly improved since the government undertook a few bold measures starting in 2002, the year that Egypt…
Following up on a nationwide "makeover"
CAIRO: As part of a national plan to "makeover Egypt so that the country can compete on a global scale and face the challenges bought on by globalization, the Egyptian…
Oriental Weavers sets its sights on growth and is flourishing
CAIRO: As you enter the Oriental Weavers (OW) International factory in 10th of Ramadan City, you are greeted with a black glass pyramid. Inside lays the first carpet weaving machine…
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…
