Egypt inches down ahead of long weekend
CAIRO: Egypt's main index inches down as investors switch to cash and close positions ahead of a four-day Easter weekend, traders say, though a handful of construction-related stocks eke out…
Mujaddidun: Not your typical reality show
CAIRO: Ever since he stepped into the limelight, popular televangelist Amr Khaled has been advocating one main concept; development through faith. After numerous methods and campaigns promoting this idea, one…
News in brief
Egypt index retreats, led by OT and PioneersEgypt's benchmark index closed down 2.1 percent on low volume as Pioneers Holding dropped 5.6 percent and heavyweights Orascom Telecom (OT) 5.3 percent.…
Muslim nations 'laughing' at EU woes: Islamic finance chief
BRUSSELS: Muslim nations are laughing at European efforts to grapple with a debilitating debt crisis in Greece, which has serious ramifications for the world s biggest open market, the head…
Egypt's PPP law one step closer to seeing the light
CAIRO: A law regulating public-private partnerships (PPPs) has received initial approval from the People's Assembly (PA), ushering the legislation toward further consideration and bringing it one step closer to ratification.The…
PHD to sell Borooj units worth LE 315 mln
CAIRO: Egyptian real estate developer Palm Hills Developments (PHD) said Sunday that it will sell LE 315 million worth of units to Burooj Properties, the real estate arm of Abu…
Gender takes a back seat at women's film fest
Women in the movies is not just about Marilyn Monroe, after Kathyrn Bigelow picked up the best-director Oscar, and with the likes of Jane Campion or Claire Denis enjoying a…
The eternal life of America's megabanks
WASHINGTON, DC: The world economy faces a major problem: the largest banks in the United States remain "too big to fail, meaning that if one or more of them were…
The long-term cost of violence
JERUSALEM: Covered faces, stones and tear gas - this was the scene on the streets of east Jerusalem in last month's "day of rage declared in response to the opening…
Independence Day and Al-Nakba
JERUSALEM: The inevitable clash between the historical narrative of the Jews and their attachment to the land and that of the Arabs citizens of Israel takes on many forms. The…