26 questions Egyptians are asking
By Rania Al Malky CAIRO: In an ironic numerical coincidence, 67 days after the January 25 outbreak of the popular revolt that toppled Egypt’s 30-year regime and its dictator ex-president Hosni…
Libya’s troubles: no clear way out yet
By Richard Dalton Three weeks ago I wrote something that helps explain why foreigners have interfered in this crisis and not in others: "Humanitarian intervention is not yet firmly rooted as…
The Arab spring and interventionism
By Vitaly Naumkin There is an age-old tradition of explaining everything that happens in the Middle East in terms of external conspiracies. The present-day "Arab revolutionary spring" is no exception. I…
Tourists, businesses flee to Dubai to escape storm
DUBAI: Regional turmoil is creating an unexpected boom for Dubai as tourists and businessmen flock once again to the shopping and skyscraper oasis after fleeing just a few years ago…
France Telecom still bullish on Mideast, Africa
PARIS: France Telecom aims to continue its expansion in the emerging markets of Africa and the Middle East via two or three acquisitions a year, but will not bid for…
Oil rises ahead US payrolls; supply disrupted
LONDON: Oil prices rose on Friday, with Brent crude nearing $118, as investors anticipated US payrolls data later in the session will confirm the improving economic outlook of the world's…
EFG Hermes upgrades Ezz Steel to buy
CAIRO: EFG Hermes upgraded Ezz Steel Co , Egypt's largest steel maker, to "buy" from "sell" on valuation, and said it views any fall in the share price from current…
Eastern Co sees drop in 2011-12 net profit
CAIRO: Egypt's cigarette monopoly Eastern Co forecasts a drop in net profit in fiscal year 2011-12, a statement from the firm showed on Wednesday. Eastern, whose brands include Cleopatra, said…
Orascom shareholder meeting set for April 14
CAIRO: Egyptian group Orascom Telecom will hold a shareholder meeting on April 14 to approve a split of the company and a capital increase, it said on Tuesday. Financial regulator…
Palm Hills approves 1-for-10 bonus share
CAIRO: Shareholders of Palm Hills Developments, Egypt's second-biggest listed developer, approved a dividend of one new share for every 10 held, the firm said in a statement on Thursday. Palm…