Egypt lets utilities sell bonds, first issue soon
CAIRO: Egypt has changed its laws to let utilities and other quasi-government organizations issue bonds in a move to expand its debt market, officials and fixed-income specialists said.A first offering…
Egypt property tax could raise millions, faces ire
CAIROL Egypt expects a revised property tax to bring in LE 1.8-2.4 billion a year after it comes on stream at the end of 2010, but the reform must first…
Calm returns to Rafah border after violence leaves Egyptian dead
CAIRO: Calm returned to the Egypt-Gaza border Thursday after clashes between Palestinian protesters and Egyptian border guards left one guard, 22-year-old Ahmed Shaaban dead, and nine injured from both sides.…
Foreign ministers meet to revive Mediterranean Union
CAIRO/MADRID: The nascent Mediterranean Union is very close to naming its first secretary general, who will be from an Arab country, Spanish Foreign Minister Miguel Angel Moratinos said Tuesday.He was…
Egypt ups third stimulus package to LE 11.2 bln
CAIRO: Prime Minister Ahmed Nazif announced this week a third stimulus package to the People's Assembly, amounting to LE 11.2 billion (over $2 billion). In October, the government said that…
A digested record of art history in 'Alexandria'
One of the most tantalizing things about Cairo is the little surprises it always manages to tuck away in its street corners. Of those surprises are the tiny galleries that…
A far-off museum to save an Ethiopian tribe's soul
Women jump up in their fluffy orange cotton skirts, waggling their shoulders at men who are swift to join the dance, sporting white feathers in their hair and shepherd s…
"Blood Wedding" and the Suite Flamenca
Only art can make of tragedy an enjoyable occasion. "Bodas de Sangre (Blood Wedding), a tragedy written by renowned Spanish poet and writer Federico Garcia Lorca, opened at the Cairo…
Islamic limits to fighting oppression
PESHAWAR, Pakistan: Whenever terrorism strikes in Pakistan and innocent lives are lost, people wonder which Islamic injunctions the perpetrators abused to justify their acts. The North West Frontier Province of…
