Events in Tunisia, Egypt will have huge impact, says Moussa
MADRID: Popular uprisings in Tunisia and Egypt will have "enormous influence" on the Arab world, Arab League chief Amr Moussa said in an interview published Monday. "The winds of change…
Egypt would like EU debt cancelled: EU delegation
CAIRO: Egypt said it would like European Union states to cancel its debts to them but has not made a formal request, the EU's local delegation said on Monday, citing…
Makro’s Qaliubiya store re-opens after losing LE 15 mln
CAIRO: Wholesaler Makro reopened its Qaliubiya branch after losing LE 15 million when the store was looted in the first days of the revolution, according to a press statement. “Makro…
Wind Telecom unit gets commitments to refinance
CAIRO: Wind Telecom, the holding company of Egyptian telecoms tycoon Naguib Sawiris, said on Monday it had obtained "firm commitments" to refinance about €420 million ($575 million) of debt issued…
Egypt must manage workforce’s high expectations
CAIRO: When a housekeeper came to work in Cairo on Thursday, she had a dreamy look in her eyes. According to a calculation she had heard, if all the money…
Egyptian regulator says Jan trades should stand, bourse remains closed
CAIRO: There is no need to cancel Egypt stock market transactions that took place when the bourse was tumbling during political turmoil on Jan. 26 and 27, the country's financial…
Egyptian Museum reopens to intrepid tourists
CAIRO: Dozens of foreign tourists braved the revolution in Egypt on Sunday to visit the world's greatest collection of Pharaonic treasures and were welcomed with roses, as craftsmen meticulously mended…
Middle East: Change is never easy
By John Defterios As an active observer and a consistent visitor of the Middle East, one asks a simple question: Why does it have to be this way? I am not…
Egypt’s political, economic future discussed at Gessoor forum
CAIRO: Attempting to offer a platform for productive political and socio-economic discourse in Egypt, Gessoor (Bridges) hosted a panel of six speakers on Sunday to discuss Egypt’s political and economic…
Egypt’s first nuclear plant tender postponed
CAIRO: The planned tender process for Egypt’s first nuclear power plant has been postponed until the political situation stabilizes, reported a state-owned newspaper. The decision, made by the Ministry of…