Iraqi Shia militia hints of Iran’s hand in south
BAGHDAD: Nearly four minutes of shaky, hand-held video clips show roadside bombs hitting US convoys, a battery of Katyusha rockets and a soldier who appeared to be downed by sniper…
Iraq rival for power holds talks with Syrian leader
DAMASCUS: Former Iraqi prime minister Iyad Allawi, who is vying to return to the premiership, held talks with Syrian President Bashar Al-Assad on Wednesday about his country's protracted coalition talks,…
Egypt asset management agency may launch in July
An agency to manage Egypt's state-owned assets could be operational as early as next July, the start of the country's financial year, the outgoing investment minister said on Tuesday. Mahmoud…
Pakistan probes reports of Qaeda insurgent’s death
ISLAMABAD: Pakistan is investigating reports that a CIA missile strike killed a senior Al-Qaeda commander as he traveled in a tribal region near the Afghan border, security officials said Wednesday.…
Orascom says Algerian police question Djezzy’s CEO
Egyptian firm Orascom Telecom said on Wednesday its Algerian unit Djezzy's chief executive had been called in by police for questioning over allegations that the firm violated Algerian foreign exchange…
New judge to oversee Van Gogh theft trial; resumes Oct. 5
CAIRO: The trial of the Van Gogh painting theft was on Tuesday adjourned to Oct. 5, when witnesses will testify before a new judge that will be assigned at the…
Investigation launched into assault of public prosecutor lawyers by SSI officer
CAIRO: Investigations are being carried out into allegations by three members of Rashid’s public prosecution office that a state security investigations (SSI) officer verbally assaulted and threatened to open fire…
US pressing Israel to halt West Bank construction
JERUSALEM: Washington's special envoy to the Mideast is in Israel Wednesday to try and get the stalled peace process back on track and press for a halt to new settlement…
How to bet on SMEs and win
It can be said that the small- and medium-sized enterprises (SMEs) sector has traditionally been treated as something of an afterthought by many banks in Egypt. This point was illustrated…
CIB launches health-focused foundation
Hisham Ezz El Arab, chairman of Commercial International Bank (CIB), recently launched the CIB Foundation, a corporate social responsibility (CSR) initiative dedicated to enhancing health and nutrition services for underprivileged…