Fawry, CashU offer online shoppers more payment options
Fawry, an electronic bill payment and presentment network, and CashU, a prepaid online payment gateway, have partnered in a bid to offer online shoppers the opportunity to top up their…
NBD finds niche in Sharia-compliant car financing
CAIRO: The National Bank for Development (NBD), which specializes in Sharia-compliant products and had LE 2 billion in capital at the end of 2010, has been consolidating its market share…
Social media connecting youth and politicians in the Arab world
By Hani Naim BEIRUT: In December, the Online Collaborative Club of the American University of Beirut organized Blogging Lebanon, a conference for more than 150 Lebanese and Arab bloggers, e-activists,…
A role for the United States in Tunisia’s transition?
By Rabab Fayad GENEVA: What started with a desperate act by one individual four weeks ago in Tunisia, turned into a social media campaign and culminated in a revolution that…
Trade Minister says no risk of destabilization
By Alberto Sisto /Reuters ROME: Egypt is not heading towards destabilization and the government will be able to manage discontent that has led to demonstrations, the country's trade and industry…
Why the US needs an ambassador in Damascus
By Mara Karlin President Barack Obama's bold decision to use the holiday recess to bypass congressional opposition and appoint a new US ambassador to Syria, Robert Ford, has been widely…
Five dead, hundreds injured and arrested on ‘Day of Anger’
By Tamim Elyan CAIRO: Five, including a policeman, died in clashes between protestors and security forces in Suez and Cairo in which rubber bullets and teargas were reportedly used. Soliman…
Egypt’s stocks, pound plunge after mass protests
CAIRO: Mass protest on Egypt’s streets have walloped the country’s stock market, with the main EGX 30 index plunging 6.14 percent on Wednesday and the pound dropping to a six-year…
Calm returns to Lebanon after 2 days of protests
By Bassem Mroue/ AP BEIRUT: Lebanon's new Hezbollah-backed prime minister began the process of forming a new Cabinet on Wednesday, as calm returned to the country after two days of…
Afghan president inaugurates new parliament
KABUL: President Hamid Karzai swore in the country's new parliament Wednesday in a ceremony that marked the end of a drawn-out battle over whether the lawmakers would be able to…