Is Chinese mercantilism good or bad for poor countries?
CAMBRIDGE: China’s trade balance is on course for another bumper surplus this year. Meanwhile, concern about the health of the US recovery continues to mount. Both developments suggest that China…
Interfaith dialogue for a globalized world
BORDEAUX, France: In these times, it is essential to engage in interfaith and intercultural dialogue, given the way our world is evolving. With post-modern globalization there has been a decline…
In talks, no progress seen on Israeli settlements
SHARM EL-SHEIKH/JERUSALEM: Under pressure to compromise, Israeli and Palestinian leaders on Tuesday dug into the central issues blocking a peace deal but the latest talks produced no visible progress on…
Al-Ghad Party to boycott PA elections, says Ayman Nour
CAIRO: Al-Ghad opposition party has officially announced its intentions to boycott the November People’s Assembly elections, party head Ayman Nour told Daily News Egypt Wednesday. “The party took this decision…
UNCTAD report predicts 3.5 pct growth in global GDP
CAIRO: Real GDP will grow by 3.5 percent globally in 2010, with Africa growing by an estimated 5 percent, according to a UN report released this week. Emerging market economies…
TMG plays down court ruling, shares tumble again
CAIRO: Egypt’s Talaat Moustafa (TMG) said on Wednesday the government had given commitments to respect its contracts, a day after a court upheld a ruling that could threaten the real…
Pieces of ancient Egyptian necropolis found in Spain, says police
MADRID: Pieces of an ancient Egyptian necropolis that was pillaged in 1999 have been found in Spain by an expert in Middle Eastern antiquities who spotted them in a shop,…
What the media thinks about Egypt’s economy
Over the summer, with our partners TRACCS, Euromoney has carried out a series of media audits — survey’s designed to research how the media approaches the key issues of economic…
Mitsubishi appoints new distributor in Egypt
Mitsubishi Motors Corporation appointed its new distributor for Egypt, which will be a joint venture between Al Mulla Group Holding Company and Mohamed Abdulmohsin Al Kharafi & Sons. In a…
Ibrahim Hassan blames Zamalek’s poor form on ‘magic’
CAIRO: Zamalek's football director Ibrahim Hassan believes the Cairo giants have been stuttering because of evil magical practices. The White Knights have suffered a poor start to the season, having…