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,…

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DNE

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…

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DNE

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…

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DNE

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…

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DNE

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…

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DNE

Egypt’s real GDP slumps in second quarter, up yearly

CAIRO: Egypt’s real GDP contracted by 1.7 percent in the second quarter of fiscal year 2010/11 compared to the previous quarter, while growing 6 percent from the same period last…

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DNE

UN hopes for Libya aid access ‘as soon as possible’

TUNIS: The United Nations is talking to all parties in the Libyan conflict to provide aid to those in need "as soon as possible," an envoy said on Sunday. "Nothing…

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DNE

FM says no intention to cancel Egypt-Israel peace treaty

CAIRO: Foreign Minister Nabil El-Araby denied Saturday any intention to cancel Egypt’s peace treaty with Israel signed in 1979, a year after the Camp David Accords. In a live interview…

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DNE

Egypt army denies report that Mubarak left country

CAIRO: Egypt's military council denied on Sunday a report carried by Al Jazeera television channel that former president Hosni Mubarak had left the country for Germany. Asked whether Mubarak had…

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DNE

PM replaces figureheads at ERTU

CAIRO: Prime Minister Essam Sharaf appointed Ibrahim El-Sayed as head of the news sector at the Egyptian Radio and Television Union (ERTU), replacing Abdel Latif El-Minawy, amid a reshuffle of…

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DNE