Sadat’s grandniece briefly kidnapped in Egypt
CAIRO: Gunmen abducted the 12-year-old grandniece of the late Egyptian leader Anwar Sadat but released her nearly 24 hours later for LE 5 million (about $840,000) in ransom, security officials…
CAF disciplinary board to meet over fan violence
CAIRO: Egyptian football was thrown further into disarray after the African Football Confederation said Monday it will investigate a violent pitch invasion by fans of Cairo club Zamalek in an…
Egypt apologizes to Tunisia for football ‘thuggery,’ postpones league
CAIRO: Prime Minister Essam Sharaf described Saturday’s events, when angry Zamalek fans stormed the pitch of Cairo Stadium during a home game against Tunisian side Africain, as an “act of…
Obama plays long game as crises rage
By Stephen Collinson / AFP WASHINGTON: A crisis-battered presidency has revealed Barack Obama as a sometimes elusive, cards-close-to-the-chest leader, fixed on a political horizon often distant from Washington's daily partisan brawl.…
Arab revolts set to transform Middle East
By Alistair Lyon / Reuters BEIRUT: The astonishing popular protests against Arab autocrats that have churned the region for three months are the authentic birth pangs of a new Middle East.…
The Muslim Brotherhood’s new guard rocks the boat
By Hanan Solayman CAIRO: The Muslim Brotherhood’s Shoura Council (legislative branch) is soon to vote on the Guidance Bureau’s initiative to establish the Brotherhood’s own political party named Freedom and Justice,…
Revolutionary art takes over Abdeen Square
The Cairo glitterati were out in force to support the arts in Abdeen Square on Saturday in the biggest post-Jan. 25 cultural event to date. “Al Fann Midan” (Art is…
Egypt’s regulator rejects Palm Hills dividend
CAIRO: Egypt's financial regulator rejected a Palm Hills Developments plan to distribute a dividend in the form of a new share for every 10 held, the Egyptian Financial Supervisory Authority…
Egypt central bank says no target level for pound: agency
CAIRO: Egypt's deputy Central Bank governor said the bank had no target for the Egyptian pound and the level of the currency would depend on supply and demand, state news…
Demographics, war for resources and state-directed capitalism
By Ron McMillan and Graham Hayward The future of the banking industry remains uncertain, but there are a number of long-term catalysts such as the expected demographic shift and the rise…