Swiss rankle as scholar hints at Heidi's German origins
The legend of Heidi, the storybook character cherished as a national icon in Switzerland, has been shaken in recent weeks after a German scholar questioned her Swiss origins. Peter Buettner…
SODIC: Transforming Cairo's suburbia
As the population explosion in Cairo has experts worried about a potential meltdown of the megacity, Egyptian real estate developer Sixth of October for Development and Investment (SODIC) has embarked…
Al Ahly's Sabbour sees new real estate boom
A year and a half after the start of the global financial crisis, the Egyptian real estate sector is still one of the strongest industries in the country. “The crisis…
PPPs key to African infrastructure development, says IFC CEO
Infrastructure is the key to development and improved quality of life in Egypt and Africa as a whole, according to Lars Thunell, CEO and executive vice president of the International…
Crowell & Moring foray into Egypt with Hegazy partnership
When Crowell & Moring looked into embarking on its largest international initiative in a decade, the law firm decided it was prime time to foray into the Middle East, and…
Hezbollah cell defendants get between 6 months and 15 years
CAIRO: The Supreme State Security Emergency Court on Wednesday found guilty 26 defendants accused of belonging to a Hezbollah cell in Egypt. The 22 defendants in custody were handed down…
Social ratings: Can MFIs achieve a double bottom line?
It was 6 am last Thursday when Saeed, a 42-year-old small farmer from the Sharqiya governorate, woke up to the call of the dawn prayer. Like every day, he prayed…
Indian actress wins court battle over sex comments
An Indian actress won a legal battle over comments she made about pre-marital sex when the Supreme Court Wednesday threw out 22 cases lodged against her by outraged members of…
Teen star's mom knocked down in New Zealand
Hundreds of frenzied teenagers mobbed 16-year-old pop star Justin Bieber and knocked down his mother as he arrived in New Zealand, stealing his hat as he was rushed through the…
Australian officials apologize over Banksy blunder
Australian officials apologized Wednesday after cleaners scrubbed graffiti by famed British street artist Banksy from a city wall. Melbourne's city council said the cleaners were simply carrying out orders to…