SODIC buys into Syrian developer to form Palmyra
CAIRO: Egyptian real estate developer Six of October Development and Investment Company (SODIC) said it bought a 50 percent stake in a Syrian developer forming a new company called Palmyra-SODIC.…
Egypt central bank holds interest rates as expected
CAIRO: Egypt's central bank kept key interest rates at a nine-month floor as expected on Thursday, signaling uncertain developments in Europe could crimp foreign investment as an economist warned inflationary…
Egypt GDP growth seen edging up over next 2 years
CAIRO: Egypt's economic growth is seen edging up over the next two years as the most populous Arab country continues to outperform many other regional states, a Reuters poll showed…
Arab 2010 GDP growth seen rising to at least 4 pct: AMF
Growth in Arab economies will accelerate to at least 4 percent on average this year on higher oil prices, while the impact of the euro zone debt crisis will be…
Rachid meets Argentina, Paraguay on upping trade
Minister of Trade and Industry Rachid Mohamed Rachid met with Argentine Ambassador to Egypt Luis Enrique Cappagli and Paraguay Ambassador Ausberto Rodriguez to discuss ways to boost trade and…
Rachid meets Argentine, Paraguay on upping trade
Minister of Trade and Industry Rachid Mohamed Rachid met with Argentine Ambassador to Egypt Luis Enrique Cappagli and Paraguay Ambassador Ausberto Rodriguez to discuss ways to boost trade and…
High-energy E3 bodes well for videogame lovers
Scintillating titles, hot motion-sensing controllers and rich 3-D play dazzled videogame lovers at a high-energy Electronic Entertainment Expo that heralded stellar times ahead. The E3 show floor was packed with…
Ahmed Beltagy: Meet the man behind the country's biggest musical concerts
It was an occasion that created a lot of buzz last September: Could Beyoncé Knowles, the multi-platinum selling American singer, really be coming to Egypt to perform, in Port…
Bahais demand inclusion in unified personal status law
CAIRO: Egypt’s Bahais are demanding they be included in the unified personal status law for non-Muslims or the formation of a new legislation that includes them altogether. Bahais, whose numbers…
Mixed feelings define Mubarak's children in Egypt
CAIRO: To the millions of Egyptians who have known no other president, Hosni Mubarak is the "Father of the Nation." But as with many fathers, they also have deeply mixed…