Egypt's PA passes PPP law
CAIRO: After two years of preparation, the People’s Assembly (PA) ratified the public-private partnerships (PPP) law on Monday. The law seeks to enhance the role of the private sector in…
Egypt GDP growth could hit 5.3 pct in 2009/10
CAIRO: Egypt said on Wednesday its economy could grow 5.3 percent this fiscal year following last quarter's better-than-expected performance and could expand next year faster than previously forecast. Economic Development…
GB Auto Q1 net jumps on Egypt, Iraq sales
CAIRO: Egypt's GB Auto reported on Tuesday a leap in first-quarter net income, as sales extended a rebound from a slump in late 2008 and company the expanded into Iraq.…
Egypt index ends flat on global woes
CAIRO: Egypt's main index ended almost flat with traders expecting negative investor sentiment to remain as a global slump of world stocks continues. Telecom firms Mobinil and Orascom Telecom (OT)…
Lack of standardization hobbles Islamic finance
DUBAI/KUALA LUMPUR: Wrangling among scholars and wiggle room in interpretation of Sharia principles threaten to derail any attempt to arrive at global standards in Islamic finance, holding back the $1-trillion…
Zamalek's Ali set for league comeback
CAIRO: Alaa Ali is set to make his Egyptian Premier League comeback as he was named in Zamalek's squad for their penultimate match this season against Asyut Petroleum. The White…
Ismaili to hold onto Salem
CAIRO: Ismaili defender Moatasem Salem had his transfer request turned down as the Dervishes' coaching staff believes that his services are indispensable. The 29-year-old center-half, who was approached by Ahly…
Peace products
RAMALLAH: The issue of settlements and their illegality under international law should dominate debate surrounding the Palestinian-Israeli conflict and a return to negotiations. Israel’s refusal to adhere to international law…
Ahly targeting Masri's Fawzi
CAIRO: Ahly are looking to land Ahmed Fawzi in the close season, the Masri right back stated. "My agent Tamer Al-Nahas informed me of Ahly's intent to sign me ahead…
Somewhere along the East-West border
KUALA LUMPUR: Living in Malaysia for almost two years has given me new insight into the socially constructed and highly subjective categories of “East” and “West”. Here in Malaysia, I…
