US criticizes Mideast ally Egypt’s elections
By Agencies WASHINGTON: US President Barack Obama's administration on Monday raised serious questions about the fairness of Egypt's weekend parliamentary elections, saying it was disappointed by widespread reports of irregularities…
Egypt says will amend law to solve TMG dispute
CAIRO: Egypt's government plans to amend legislation to resolve a legal challenge to the auction of public land for Talaat Moustafa Group's flagship Madinaty real estate project, the government said…
Ain Shams professors questioned following controversial attack
CAIRO: Four Ain Shams professors have been summoned for questioning by the university’s administration regarding an incident that occurred on campus earlier this month. A delegation of 10 professors from…
US ambassador responds to leaked documents on Egypt as more dispatches emerge
CAIRO: The US Ambassador to Egypt Margaret Scobey responded to leaked documents of embassy dispatches by the site Wikileaks Tuesday, saying that it did not represent official US foreign policy.…
MB says NDP rigged votes, mulls withdrawing from elections
By Marwa Al-A'asar CAIRO: The Muslim Brotherhood accused Tuesday the ruling National Democratic Party (NDP) of ballot-rigging during this week’s People’s Assembly (PA) elections, and said it is considering pulling…
Egypt’s Orascom Telecom plunges on tax fears
CAIRO/DUBAI: Egypt's Orascom Telecom (OT) suffered its largest decline in five weeks on Tuesday on talk that Algeria will reject its appeal against back-tax claims totaling hundreds of millions of…
Private equity competition rife in the region
CAIRO: “The private equity market is growing too fast, there is only so much ‘sand in the box,’ and there is more competition than before in the market,” Karim Sadek,…
IT experts optimistic on progress of virtualization, cloud technology
CAIRO: The impact of virtualization and cloud servers on data centers is simply making better use of IT equipment by decreasing the amount of hardware used, said Ragy Raouf Egypt’s…
Private equity competition rife in the region
CAIRO: “The private equity market is growing too fast, there is only so much ‘sand in the box,’ and there is more competition than before in the market,” Karim Sadek,…
Egypt Citadel looks for improvement in holdings
Egyptian private equity firm Citadel Capital said on Monday it will focus on improving the management of the companies it controls after it narrowed its losses in the third quarter.…
