Experts forecast steady performance for Egypt banks
“The Egyptian banking sector’s performance in mirrors the strong fundamentals and the vast liquidity of the sector, which has…allowed Egypt to safely navigate through the global turmoil,” Sherif Khalil, head…
Mobinil Q2 net profit falls 29 pct
CAIRO: Egypt's Mobinil posted a fall in second-quarter net profit to LE 381 million, adding far fewer subscribers than its main rival, blaming the regulatory and competitive environment. "We still…
Room for growth in Mideast private equity
Private equity in the Middle East is emerging stronger and smarter from the financial crisis, finds a new report co-authored by INSEAD and Booz & Company. The report, entitled “Private…
Natural gas could lead to new Lebanon-Israel war
BEIRUT: The discovery of large natural gas reserves under the waters of the eastern Mediterranean could potentially mean a huge economic windfall for Israel and Lebanon, both resource-poor nations —…
What do stress tests on European banks have to do with MENA?
Before we discuss what stress tests for European banks are and why they were conducted — as well as why they matter for the Middle East and North Africa (MENA)…
Barclays Egypt talks CSR
While it may seem that corporate social responsibility goes unnoticed by consumers, Omnia Elnosairy, head of corporate affairs at Barclays Bank Egypt, argues that “customers do care.” “They want to…
Norman Finkelstein to DNE: Israel may target Nasrallah’s deputy (Part 2)
In Part 1 of this special interview with controversial political scientist and writer Norman Finkelstein, best known for his 2000 book “The Holocaust Industry: Reflections on the Exploitation of Jewish…
Decoding Egypt: ‘We started big, and we remain big’!
"We started big, and we remain big" is the clunky, self-praising but deceptive slogan used by Egyptian television to commemorate the 50th anniversary of its establishment. Egyptian TV is now…
British film-makers’ outrage at abolition of funding council
Leading British film-makers have reacted with horror to the announcement of plans to abolish the UK Film Council, a body responsible for funding 900 British films over the past decade.…
Direct or indirect talks: Is there a difference?
Syria and Israel negotiated directly in the US in 2000 and indirectly in 2008. The PLO and Israel negotiated indirectly first in the late 1980s and directly since the start…