Remembering the importance of forgetting

SINGAPORE: “Be careful what you post on Facebook,” US President Barack Obama warned American high school students this past September. “Whatever you do, it will be pulled up again later…

Daily News Egypt

Let Turkey take part

ANKARA: Amid talk of renewed efforts towards peace in the Middle East, discussion regarding the Syrian-Israeli track in particular is growing. Though an agreement to even restart talks has yet…

Daily News Egypt

PA speaker criticizes educational system

CAIRO: Parliament speaker Ahmed Fathi Sorour criticized educational policies in Egypt as the People’s Assembly discussed a report by the education committee on Thanawiya Amma, Egypt’s Secondary Certificate. Sorour, who…

Safaa Abdoun

Kuwait deportees still unemployed, await resolution

CAIRO: Walid Nasr, an Egyptian residing in Kuwait, was supposed to get engaged in three months. However, his plans went awry after he was deported from Kuwait for attempting to…

Tamim Elyan

Solar dream' takes shape in Middle East deserts

Environmentalists' dreams of a 100 percent renewable energy future are beginning to take shape in the deserts of the Middle East, according to leading industry experts. In an ambitious €400…

Daily News Egypt

CI Capital maintains Palm Hills Strong Buy recommendation

CI Capital maintained Palm Hills Developments (PHD) at a strong buy recommendation and moderate risk rating. CI Capital stated that PHD’s first quarter 2010 financials confirm the company’s growth potential,…

Arab Finance

Egypt reopens LE 4 bln in 3, 5 and 7-year bonds

Egypt's Finance Ministry is reopening three, five and seven-year bonds with offerings worth LE 1.5 billion ($268 million) each for the five-year and seven-year bonds, and one billion pounds for…

Reuters

Djezzy head met Algerian finance min: OT chairman

Orascom Telecom's executive chairman said the CEO of Orascom's Algerian unit met with the Algerian finance minister on Monday, but declined to comment further on the status of talks over…

Reuters

Egypt April core annual inflation dips to 6.62 percent

Egypt's core annual inflation fell to 6.62 percent in the year to April from 7.04 percent in March, the central bank said on Monday. Three out of four analysts polled…

Reuters

Etisalat Egypt says secures $1.3 billion loan

Abu Dhabi telecoms operator Etisalat's Egyptian unit is to borrow LE 7.2 billion ($1.3 billion) for expansion and to improve services. The funds will come from National Bank of Egypt,…

Reuters