The Dragon and the Crescent: Chinese investment in the Arab world – The potential and the problems
By Richard Banks During my last visit to China, I had continuous meetings with leading Chinese companies. I went to Beijing to discover the Chinese reaction to the Arab spring and…
Egypt traders wary as Mubarak summoned
CAIRO: Egypt investors are likely to be cautious after the country's public prosecutor summoned former president Hosni Mubarak as part of probes into the killing of protesters and the embezzlement…
Egypt freezes Saudi Prince Alwaleed land
CAIRO: Egypt's public prosecutors' office said on Sunday it had frozen land in southern Egypt controlled by Saudi billionaire Prince Alwaleed bin Talal because the original sale of the land…
Egypt nominates former diplomat to Arab League
CAIRO: Egypt nominated a career diplomat and former assistant to ousted president Hosni Mubarak to be the next head of the Arab League, replacing outgoing Egyptian Amr Moussa, the foreign…
Tahrir protestors say sit-in will continue, brawl with army
By Tamim Elyan CAIRO: Hundreds of protestors in Tahrir Square said Monday that they will continue their sit-in until their demands of prosecuting ousted president Mubarak and his family and appointing…
Army steps in to end sectarian clashes in Saft El-Laban
By Essam Fadl CAIRO: Army and police forces intervened late on Sunday to end sectarian clashes between Muslims and Copts in Saft El-Laban, Giza, arresting 10 people from both sides after…
GlaxoSmithKline to invest LE 500 mln in Egypt healthcare
CAIRO: GlaxoSmithKline Consumer Healthcare (GSK CH) announced Sunday they will invest approximately LE 500 million in Egypt’s healthcare sector. “Our main goal over the next five years is to focus…
Egyptian-German initiative to increase energy efficiency in local industry
CAIRO: Egypt and Germany signed an MOU to launch an initiative allowing Egypt to benefit from the German experience in industrial energy management and efficiency. The MOU, titled "Energy Management…
Land owners complain of squatters, lack of security
CAIRO: Egyptian Peter Nashaat Matta said a 290-acre piece of agricultural land he owned on the Cairo-Alexandria desert road was taken over by thugs in an act of illegal land…
Steve Jobs authorized biography coming in 2012
Apple CEO Steve Jobs has finally agreed to participate in a book about his life. Simon & Schuster announced Sunday that Walter Isaacson's "iSteve: The Book of Jobs" will be…