Chinese ‘gold’ brings Egyptians a little taste of luxury
A Cartier ring for just $8? In Egypt, "Chinese gold" — an affordable imitation of the precious metal — has swamped the jewelry market, granting the poor a little taste…
Viva Vogue Italia? Oil-inspired spread stirs muck
The model is in black, prone and dirty on jagged rocks, netting draped around her legs like a dead sea creature. There she is again, lying on her back in…
Parents find ways to include children in Ramadan
Kulsum Tasnif's children might be too young to fast Ramadan, but that does not mean they are off the hook for the month. The Mason, Ohio, resident has resolved to…
Egypt to review cement export ban in October
CAIRO: Egypt is currently studying the local cement market to determine whether it will extend the cement export ban, which is set to end in October. Egynews.net, the state-run news…
Africa eyes East for help on sovereign wealth funds
LONDON: Africa's nascent sovereign funds are turning to Asia and the Gulf for a steer on how to manage resource revenues, a move that could shield wealth for the future…
Egypt pound again tests strong support
The Egyptian pound has again tested chart support against the dollar at 5.70 in line with the global trend to dump riskier assets on concern over the fragile US economy.…
Maridive Q2 profit hit by sluggish oil sector
Egyptian group Maridive and Oil Services posted second-quarter net profit below forecasts as it suffered from a continued oil industry downturn. The biggest oil services company in the Middle East…
Oriental Weavers quarterly profit drops
Oriental Weavers, the world's largest maker of machine-woven carpets, posted a 6 percent drop in second-quarter net profit, as a fall in cash from a government stimulus program offset sales…
Orascom Tel says not party to any Vimpelcom talks
Egyptian mobile firm Orascom Telecom said on Thursday it was not party to any discussions with telecoms group Vimpelcom, responding to inquiries from the bourse, a stock exchange statement said.…
Yes You Can: A sense of belonging
It is very strange how people behave to fulfill their sense of belongingness, it makes us followers without being conscious that we follow without any reason other than to feel…