Egypt’s NSGB more confident as Q3 net rises 33 pct
Egypt's National Societe Generale on Wednesday posted a 33 percent rise in third-quarter net profit, helped by higher interest margins, and said it felt more confident about the future. Egypt's…
Juhayna expects recovery from fire by Q1 2011
Egyptian dairy and juice maker Juhayna Food Industries said on Wednesday it expected full recovery in the production capacity of a factory hit by fire in April before the end…
We are woven out of many coloured threads
By Alia Hogben KINGSTON, Canada: I must be a slow learner. It is only recently that I startled myself by realizing that my complex identity also includes being Western, along with…
Stabilize Karachi to stabilize Pakistan
By Huma Yusuf WASHINGTON, DC: While Pakistan grapples with the worst recorded flooding of the Indus River Delta, the country’s financial capital, Karachi, is on the brink of what is being…
The cost of America’s free lunch
By Daniel Gros BRUSSELS: For decades, the world has complained that the dollar’s role as global reserve currency has given the United States, in a term usually attributed to Charles de…
Russia’s lost opportunity with Japan
By Yuriko Koike TOKYO: President Dmitri A. Medvedev visit to the south Kuril Islands, which the Soviet Red Army seized from Japan in the closing days of World War II, has…
Blogger once detained without charge fired for absence from work
By Sarah Carr CAIRO: A blogger detained for almost two years before being released without charge has been dismissed from his teaching position, an NGO said on Thursday. The Qena Directorate…
HSBC Islamic arm eyes 125 branches by 2012
DUBAI: HSBC Amanah, the Islamic arm of bank HSBC, plans to have 125 branches throughout the Middle East and Asia by the end of 2012 eyeing rapid growth in the…
Egypt, Tunisia, Libya set sights on gas development
VIENNA: Egypt, Tunisia and Libya are setting their sights on boosting natural gas output both to satisfy growing domestic demand and to sell to Europe, industry experts said here Wednesday.…
Egypt fears refugee exodus if south Sudan opts to break away
CAIRO: Egyptian Foreign Minister Ahmed Aboul Gheit expressed fear on Wednesday that a referendum on independence for south Sudan scheduled for January could spark violence and an exodus of refugees.…
