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…
The eyes of the revolution: Carlos Latuff
By Heba El-Sherif Certain elements will remain specific to our revolution; Kentucky Fried Chicken, the battle of the camel and a promised Egyptian Hyde Park. Such absurdities will forever bind…
Public sector banks face remuneration dilemma
Public banks came under the spotlight these past two weeks as strikes caused the closure of the entire banking sector, in turn keeping trading on the stock market suspended…
Interior Minister announces amnesty of all North Sinai detainees
By Abdel-Rahman Hussein CAIRO: Interior Minister Mahmoud Wagdy announced during an interview with Egyptian television Tuesday night that he would grant amnesty to all political and criminal detainees in North Sinai.…