Islamic finance may "return to roots" post-crisis
KUALA LUMPUR/MANAMA: The global financial crisis has intensified a push for Islamic finance to return to its roots and move further away from conventional banking, but some warn that more…
Egypt steps up security on Gaza sea border
CAIRO: Egypt is stepping up security on its maritime frontier with Gaza in a bid to prevent smuggling by sea, as work continues on an underground barrier along the land…
Abbas mulls indirect talks with Israel: Palestinian official
RAMALLAH: Palestinian President Mahmoud Abbas has agreed in principle to indirect talks with Israel under US mediation but has requested a number of guarantees, a Palestinian official said Monday.The latest…
Prominent Muslim Brotherhood members arrested in dawn crackdown
CAIRO: Prominent members of the Muslim Brotherhood including its Deputy Supreme Guide Mahmoud Ezzat and members of its Guidance Office were arrested in raids before dawn on Monday.Along with the…
Vastly different realities
It was one of those moments where I needed to run a reality check of my own as I was preparing for our live coverage from Davos and an interview…
Egypt's first PPP venture: A $200 mln wastewater facility
CAIRO: The financial procedures for the first Public-Private Partnership in Egypt were completed late last week, announced the Ministry of Finance and the International Finance Corporation, the lead transaction advisor…
Egypt index adds 2.5 pct, blue chips shine
CAIRO: Egypt's main index shrugged off a Sunday slump to gain 2.5 percent on the back of further gains in blue chips including Orascom Telecom (OT), which added 3.4 percent.…
Scorcese, DiCaprio explore new ground in gothic thriller
Legendary US director Martin Scorsese and his favorite actor Leonardo DiCaprio said Friday they took their collaboration to new heights for the gothic thriller "Shutter Island. The Oscar-winning director who…
US book publishers smiling again as Kindle rivals emerge
Us book publishers are smiling again, after years of watching digital versions of their titles sell for below what they thought they were worth.A host of rivals to the market-dominating…
A riverside street theater fest
Along the walkway to the Sawy Culture Wheel's River Hall where the Street Theater Festival was to unfold over the course of the entire Saturday, were cut-out images of Cairene…
