RenCap eyes Egypt, targets Angola deals
JOHANNESBURG: Emerging markets investment bank Renaissance Capital aims to expand its African presence with a move into Egypt soon, possibly through an acquisition, its head for the region said on…
Patience, tenacity key to business in Africa
JOHANNESBURG: Doing business in Africa is not for the faint-hearted and requires patience, good local staff and above all respect for the continent, bankers and executives say. Speakers at this…
Tourists still wary of revolutionary Egypt, Tunisia
BERLIN: Tour operators and travel officials may be encouraging people to travel to Egypt and Tunisia after their largely peaceful revolutions, but it will take time for holidaymakers to return…
Record quake unleashes tsunami on Japan
TOKYO: The strongest earthquake ever to hit Japan Friday unleashed a terrifying 10-meter tsunami that washed away homes and tossed ships inland, with a nuclear plant among multiple sites set…
Egypt 2010/11 growth expected to fall to 3 percent: minister
CAIRO: Egypt's growth rate in 2010/11 is expected to fall to 3 percent from an initial forecast of 5.8 percent if protests continue, Finance Minister Samir Radwan said on Thursday.…
Zimbabwe court postpones Egypt talk activists’ case
HARARE: Zimbabwe's high court said Friday it would rule next week on a bail application by six activists charged with treason for discussing the mass protests in Egypt that toppled…
Arab League won’t let Tripoli envoys attend meeting
CAIRO: The Arab League will not let a Libyan delegation from Tripoli attend an emergency session on Saturday but could meet the envoys outside the meeting to discuss ways to…
US senators unveil investment aid to Egypt, Tunisia
WASHINGTON: Senior US senators were working Thursday to create special "enterprise funds" to help Egypt and Tunisia's economies recover from revolutionary turmoil and showcase Washington's goodwill. Senators John Kerry, Joe…
Copts in talks with army as thousands join Maspero protest
By AFP CAIRO: Military authorities running Egypt and representatives of Christian Copts demonstrating in central Cairo held talks on Thursday amid concerns over growing insecurity after deadly religious clashes. "A…
Egypt rulers order 2 Sadat plotters freed, police back on the streets
By Sarah El Deeb/AP CAIRO: Egypt's military rulers on Thursday ordered the release two cousins jailed for their role in the assassination of then-president Anwar Sadat in 1981. Abboud and Tarek…