Foreign currency lending slows at local banks
CAIRO: Local banks have adopted a more conservative stance towards lending in foreign exchange following a restriction in foreign currency supply resulting from the international financial crisis. Central Bank of…
Removal of sugar tariff may pose risk to local supply
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid has removed temporary safeguard measures on imported sugar, according to a ministry press statement released Wednesday.Rachid imposed the temporary protective tariff…
Remembering Youssef Chahine
This week marks the first anniversary of the death of Egypt's greatest filmmaker Youssef Chahine, and a series of events were organized to honor his matchless legacy. The city of…
Life in a leper's colony
Most people fear public scrutiny; we find comfort in belonging to a group, in knowing that someone has our back covered, in believing that we are not being judged on…
A colorful children's guide to Islam
Ramadan . What's that? "What is Zakat? "What does Hajj mean? These are some of the questions young Tarek and Jana Bakkar had running through their minds while growing up.…
Egyptian Museum to offer audio tours
CAIRO: The Egyptian Museum will start offering its visitors audio tours starting November, a statement issued by the Supreme Council of Antiquities said.The new system is meant to substitute tour…
Will the US-Japan alliance survive?
CAMBRIDGE: Next year marks the 50th anniversary of the United States-Japan Security Treaty, a central feature of stability in East Asia for half a century. But now, with the Japanese…
Reviving Pakistan's founding principles
RAWALPINDI, Pakistan: On 11 August 1947, a newly-formed Pakistan had its first session of the Constituent Assembly, which was formed to write Pakistan s constitution and serve as its first…
The psychological-cognitive barriers to peace
JERUSALEM: Yet there remains another wall. This wall constitutes a psychological barrier between us, a barrier of suspicion.of rejection.of fear.of deception...a barrier of distorted and eroded interpretation of every event…
Homeless in Duweiqa
Nearly one year after a massive rock slide killed hundreds of people on the outskirts of Cairo, many residents in Duweiqa are still struggling to find homes. Watch Daily News…