Egypt's central bank holds interest rates
CAIRO: The Central Bank of Egypt's (CBE) Monetary Policy Committee left overnight interest rates unchanged at their meeting on Thursday. Rates have hovered at 9.75 percent lending and 8.25 percent…
Egyptian property boosted by Europe bank bonuses
CANNES, Fra.: The return of European bank bonuses will breathe life into the world's catatonic market for overseas residential investment in 2010, the developer behind Egypt's biggest building project told…
In sushi bars, tuna vanishes bite by bite
As chefs at the upscale New York sushi restaurant Megu slide huge knives through their latest bluefin tuna, the possible extinction of the species is far from their minds.Only the…
A 13,000-mile drive south: NYC to Argentina
It was just like driving to work, except that I kept on going: From New York to Argentina, through 12 countries, for four months and more than 13,000 miles (21,000…
Somewhere between a hotel and your own home
Believe it or not, there are those of us who are not fond of lodging in five star hotels, and no it's not about being finicky.To the grounded, more down-to-earth…
100% Cairo: Novelty t-shirts with a sense of humor
It is often hard to find souvenirs in Egypt that aren't kitsch or inexpensive. The battle for sourcing souvenirs is a battle waged by both locals seeking gifts for friends…
Watchmakers go back to basics as 'extravagance' ends
Luxury watchmakers are going back to basics with classic designs, as industry players at the world s biggest watch fair in Switzerland warned Wednesday that the years of extravagance were…
I collect art and I happen to be a woman
It has not escaped the notice of art aficionados that many of the Middle East's leading collectors of Contemporary works are female. Canvas Daily asks some of them how they…
Egypt TV shows footage of Mubarak talking, working
CAIRO: Egyptian television on Friday aired new footage of President Hosni Mubarak, who has been recovering in Germany after surgery, showing the 81-year-old making phone calls from hospital.Footage showed Mubarak,…
US military delegation in Rafah on 'routine visit'
CAIRO: Four US Embassy officials traveled to North Sinai Wednesday on a routine visit, spokesperson of the US Embassy in Cairo Margaret White told Daily News Egypt in an email…