Youth disputes, participation of NDP figures mar National Dialogue Conference
CAIRO: The National Dialogue Conference concluded its sessions on Tuesday amid criticism over the participation of figures and former members of the disbanded National Democratic Party and "marginalizing" youth. Youth…
Video of man beating pre-schoolers forces government to take action
CAIRO: A video of a supervisor insulting and beating pre-schoolers with a thick wooden ruler, posted Tuesday on Youtube, outraged Egyptians who called for reform. The video was…
Judges’ Club head calls for protest ban at courthouses
CAIRO: Chancellor Ahmed Al-Zend, head of the Judges’ Club, called for banning protests inside or in front of courthouses to avoid assaults and attacks on judges and prosecutors. “Only citizens…
Egypt banks still lending
Egypt’s loan-to-deposit ratio is currently more than 50 percent, and despite the recent political turmoil, experts said lending is stable. After the nation’s January 25 revolution, the first quarter of…
Credit Suisse upgrades Commercial International Bank
CAIRO: Commercial International Bank (CIB) would benefit from a rebound in fee income and the flow of global aid to Egypt, Credit Suisse said and upgraded the stock to "outperform"…
Financials lead Egypt’s index higher
CAIRO: Banks led Egypt's main index higher, with pledges of financial support from foreign states outweighing caution ahead of a planned protest in central Cairo's Tahrir Square this Friday. Traders…
What are your credit losses? The changing regulations
By Donald MacDonald Having been a relatively stable or improving measure of company performance during the “good times,” the approaches used to measure impairment for credit losses are firmly in the…
Corporate governance key to MENA’s economic future
As the political landscapes of Egypt and the Middle East and North Africa region evolve, corporate governance — the way companies direct and control their businesses — will be important…
Investment funds ‘safest’ bet, says HC
CAIRO: HC Investments and Securities will manage the Misr Al-Mostaqbal investment fund, an idea that stemmed from calls by young Egyptians to support the stock market after its almost two-month…
Steve Earle grapples with mortality in CD, novel
It wasn't part of any master plan that Steve Earle released a CD and his debut novel virtually simultaneously and with the same titles, "I'll Never Get out of This…