The most interesting part of the story
By Mustafa Akyol ISTANBUL: Since the Justice and Development Party (AKP) came to power in Turkey in late 2002, the media have had a hard time finding an apt word to…
Burma: India’s bad neighbor policy
By Shashi Tharoor NEW DELHI: As stage-managed elections ratify the consequences of three decades of military rule in Burma, the perspective from its neighbor India may help explain why there is…
Justice for Some
By Joseph Stiglitz NEW YORK: The mortgage debacle in the United States has raised deep questions about “the rule of law,” the universally accepted hallmark of an advanced, civilized society. The…
Pope moves Holy See celebration to Wadi Natrun
By Essam Fadl CAIRO: Pope Shenouda III decided on Monday to move his 39th Holy See anniversary celebration for the first time from the Cathedral’s headquarters in Abbaseya to Bishop Bishouy…
Germany’s will to compromise
By Michael Bolle and Cordelia Friesendorf BERLIN: “Confront, then compromise” could well become Germany’s mantra for successful European Union negotiations. Germany is willing to bail out member states in exchange for…
MCIT to invest in Abraaj’s RED fund
Egypt’s Ministry of Communications and Information Technology (MCIT), through its newly established Technology Innovation and Entrepreneurship Center (TIEC), pledged to support $80 million Egypt Growth Capital Fund (EGCF) managed by…
Egypt, Iraq sales lift GB Auto’s Q3 net profit
Egypt's GB Auto said on Monday its third-quarter net profit rose 11.4 percent year-on-year, bolstered by higher passenger car sales in its home market and in Iraq. The firm, Egypt's…
Palm Hills Q3 sales jump, boosting net profit
Palm Hills Developments' (PHD) posted a 53 percent jump in third quarter sales, driven partly by luxury home developments on Egypt's north coast, the property company said on Monday. Sales…
Orascom Telecom not revising Vimpelcom sale plan
Egypt's Orascom Telecom is not revising its $6.6 billion plan to sell assets to Russia's Vimpelcom to exclude its Algerian unit, the company's chairman said on Tuesday. Egyptian billionaire Naguib…
ICLD workers entitled to LE 400 minimum wage, says NGO
CAIRO: Information Center for Local Development (ICLD) workers are entitled to receive the recently set LE 400 minimum monthly wage, according to the Egyptian Center for Economic and Social Rights…