AUB Egypt's net income rises
Ahli United Bank Egypt, a subsidiary of Bahrain's Ahli United Bank, posted a net income of LE 107.3 million for the first half of the fiscal year, a slight increase…
Egypt liquidity on the rise, says CBE
CAIRO: Domestic liquidity increased 6 percent during July and August from LE 45.8 billion to LE 812.4 billion, according to a report issued this week by the Central Bank of…
BUSINESS BEAT: Mobinil, NGOs launch Ramadan microfinance initiative
Mobinil, the leading mobile operator in Egypt by number of subscribers, recently launched a new initiative to support the budding microfinance sector in Egypt. Throughout the month of Ramadan, Mobinil…
Moody's ups Egypt rating to stable on healthy banking sector
Moody's Investors Service moved Egypt's sovereign ratings and ceilings back to stable from negative in a report issued last week. Moody's ratings reflect the rating agency's outlook on fundamental credit…
Comic artists defy Tehran with 'Persepolis 2.0'
Two Shanghai-based young Iranians are defying the Tehran regime with a reworked version of the award-winning graphic novel Persepolis, telling the story of Iran s bloody post-election uprising.Written by Iranian-French…
Jakarta, the city of music
Indonesia's strategic location is undeniable. Positioned between two oceans and two continents, with the equator running through it, Indonesia is a gateway between the northern and southern hemispheres, a hub…
The Return of Franco-German Leadership
PARIS: Whoever wins September's parliamentary election in Germany, the time has come once again for a major Franco-German initiative. Regardless of their economic conditions or their confidence - or lack…
Turning of the tide with Afghan elections?
WASHINGTON, DC: The future of Afghanistan - and with it, global security - is being decided as the results from the Aug. 20 Afghan elections are trickling in, with current…
Winds of change in Turkish-Kurdish relations
ISTANBUL: After decades of conflict and repressive policies, Turkey appears to be taking crucial steps toward introducing a peace initiative to resolve longstanding unrest among its Kurdish population. But for…
Decoding Egypt: 2011
Egypt is in a transitional phase. Presidential elections are scheduled for 2011, but Egyptians are still uncertain about whether incumbent President Hosni Mubarak is intending to run for a sixth…