Health minister responds to demonstrators’ demands
CAIRO: Newly appointed Minister of Health, Ahmed Sameh Farid, has responded to the demands made during a strike by workers of the ambulance facility last week. In a ministry statement,…
Mubarak’s one-time ruling party in disarray
By Hamza Hendawi/AP CAIRO: In retrospect, Hosni Mubarak's one-time ruling party may have made the biggest single contribution to his stunning downfall. The National Democratic Party (NDP), for decades the country's…
Jefferson’s books found in Mo. university library
Dozens of Thomas Jefferson's books, some including handwritten notes from the nation's third president, have been found in the rare books collection at Washington University in St. Louis. Now, historians…
Egyptians, fleeing Libya chaos, spill over border
SALLOUM: Terrified Egyptian migrant workers in Libya poured over the border by the thousands for the safety of home on Wednesday, fleeing the rebellion against Muammar Qaddafi’s regime. Clutching their…
EU’s Ashton urges clear timetable for Egypt democratic transition
CAIRO: European Union Foreign Policy Chief Catherine Ashton said during a press conference in Cairo Tuesday that it was evident that the Egyptian people were demanding a clear timetable for…
Former assistant FM announces new party, eyes presidency
By Heba Fahmy CAIRO: Former assistant foreign minister and current professor of international law and political science at the American University of Cairo, Abdallah Al-Ashaal announced on Wednesday that he was…
Ex-police set fire to interior ministry building
CAIRO: Former low-ranking policemen protesting outside the interior ministry in Cairo on Wednesday set fire to an adjacent administration building, a security official told AFP. The policemen — demanding…
New EU bank could quadruple N. Africa, Middle East aid
European financing for North Africa and the Middle East could rise four-fold to €10 billion a year if EU states back a plan for a regional development bank, an EU…
Precision over ubiquity: A new reality for tomorrow’s banks
By Ron McMillan As the global financial sector is undergoing dramatic changes, the banks of tomorrow will have to adopt a new mantra: precision over ubiquity. Before the onset of the…
Abraaj Capital says investments may be on hold in short run
Regional private equity group Abraaj Capital says that none of its assets were damaged during the recent events in Egypt, and that it only experienced disruption in business operations, which…