Tender for wind power station within days: Younes
A tender for establishing a wind power station in the Gulf of Suez area will be launched within the coming few days, Egyptian Minister of Electricity Hassan Younes said. This…
Investment ministry finalizes new bills on investment
The Investment Ministry has finalized a set of new legislations that aim to develop the legislative framework governing investments in Egypt. The legislations also aim at modernizing the non-banking financial…
Egypt wants diversified wheat origins: Rachid
Egypt wants to maintain imports of wheat from a diversified range of origins, the trade minister said on Sunday, after Egypt tightened terms for tenders that some suppliers said…
Vodafone-Tel Egypt talks end over sale size: report
Talks to boost Telecom Egypt's stake in Vodafone's Egypt unit ended because the British firm insisted on selling all or none of its share, the unit's head said in…
Germany's Metro to open Egyptian store, plans others
CAIRO: Germany's Metro Group said on Sunday it would open its first wholesale store in Egypt this month and might add about 20 more, a move Cairo said would…
Amer Group eyes more home sales to Europeans
CAIRO: Egyptian real estate developer Amer Group is eyeing a boost in home sales to Europeans, banking on the North African country's relatively low prices and Mediterranean climate, an…
Palestinian settlers?
The question of Israel's illegal settlements in occupied Palestine is one of the core issues of the conflict. In blatant violation of international law, the continuing expansion of new and…
A rentier coup in a rentier state
The quickly declining health of Ras Al Khaimah’s ruler is precipitating a round of intrigue and succession stories in the northernmost Emirate of the UAE. Sheikh Saqr Al Qasimi, 92,…
From 'Les Bleus' to 'the Blues'
PARIS: Is football (soccer) just a mirror that reflects the collective emotions of a country? Or should it instead be seen as a magnifying glass, if not sometimes a distorting…
The greening of growth
NAIROBI: The G-20 summit in Toronto offers an opportunity for a long, hard look at how green investments are assisting economic recovery and job growth in many countries, while generating…