Egypt's A.T. Lease to sell $100 mln in Islamic CMOs
CAIRO: Egypt's A.T. Lease is selling up to LE 570 million ($100 million) of Islamic collateralized mortgage obligations (CMOs), the first in Egypt to be split into separate tranches, the…
Etisalat to invest $1.4 bln in Egypt unit over 3 yrs
DUBAI: Abu Dhabi's Etisalat said on Saturday it planned to invest LE 8 billion ($1.41 billion) in its Egyptian unit over the next three years, as it eyes growth in…
OT sale talks continue after MTN deal fails, says paper
CAIRO: Orascom Telecom is still negotiating the sale of some of its African assets, a newspaper reported on Sunday, reviving hopes for a possible deal after failed talks with South…
Egypt's El Wadi Cement seeks license return, says report
CAIRO: Egypt's El Wadi Cement has filed a court case seeking to regain a production license that was cancelled over start-up delays, Al-Mal newspaper reported on Sunday. In November, the…
ANALYSIS: Rafah opening seen as PR move by government after flotilla attack
CAIRO: The government’s decision to keep the Rafah border crossing open indefinitely after the deadly Israeli raid on an aid flotilla brought the issue of the Gaza blockade to the…
ElBaradei answers online questions on his strategy, criticism
CAIRO: Former head of the IAEA and reform advocate Mohamed ElBaradei was in a hot seat Wednesday as he answered 25 questions voted upon by users on his website as…
Women say they earn less for equal hours, shows Middle East poll
CAIRO: Four out of 10 women across the Middle East consider that their salaries are lower than those of their male counterparts, according to a recent study conducted by the…
Lifestyle Highlight: Vintage Couture Jewelry: An Art and Addiction
An Italian artist and hobby collector of vintage couture jewelry, Maurizio Vetrugno has amassed a considerable collection of costume jewelry over the years that was oftentimes designed as accessories for…
Kempinski: A Hotel with Humor and Fashionable Flair
It was an unexpected and wholly original idea when the soon to open Kempinski Nile Hotel decided to host a small fashion show for a few select members of the…
Weekend escape to Jordan
Jordan’s Ma’in hot springs run through a canyon gorge 264 meters below sea level, and feeds the Dead Sea. The canyon’s red rock boulders are reminiscent of Arizona’s Grand Canyon,…