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…

Annelle Sheline

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…

Reuters

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…

AFP
AFP

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…

Daily News Egypt

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…

Heba El-Sherif

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…

Heba Elkayal

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…

AFP
AFP

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…

Daily News Egypt

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,…

AFP
AFP

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…

Katharina Natter