IGI launches LE 5 bln housing project

CAIRO: IGI Real Estate, a wholly-owned subsidiary of the International Group for Investment (IGI), launched Wednesday a LE 5 billion middle-income residential development.Kenanah, to be located in Sixth of October…

Sabah Hamamou

Suez Canal nine-month revenues down

CAIRO: Revenues from the Suez Canal remain low, recording a year-on-year decrease of 24 percent for the first nine months of 2009, Al-Gomhuria newspaper reported.A year ago the canal drew…

Annelle Sheline

Egypt to allow 100,000 tons of rice exports: Rachid

CAIRO: Egypt will begin exporting 100,000 tons of rice every month starting Dec. 1 curbing an 18-month ban on rice exports, the trade minister said Thursday in a statement. Under…

Daily News Egypt

An honest, 'up close' look of Cairo

Over and over again, across countless art spaces, foreign artists have shared their view of our multi-layered, metropolitan capital; a theme that has not only been exhausted to death over…

Heba El-Sherif

An Egyptian in Wonderland

His name is Yasser Hamed. You ve probably never heard of him before, but remember him well, because soon you will.An Egyptian-born Australian citizen, Hamed is a senior visual effects…

Joseph Fahim

No Egyptian films at the Cairo International Film Festival, says CIFF president

CAIRO: "Not a single Egyptian movie is entering the Cairo International Film Festival this year, the only film which has applied was withdrawn, said President of the CIIFF, Ezzat Abou…

Safaa Abdoun

Yemen: snapshot of a potential future

The conflict, or should one say, the conflicts in Yemen arise from a mosaic of reasons. On the surface, the ongoing armed conflict in the country was sparked by a…

Daily News Egypt

The death-defying dollar

BERKELEY: The blogosphere is abuzz with reports of the dollar's looming demise. The greenback has fallen against the euro by nearly 15% since the beginning of the summer. Central banks…

Daily News Egypt

Achieving growth in a rebalanced world

MILAN: Although the financial crisis is winding down, the prospects for growth in the global economy are unlikely to pick up. This is, in part, inevitable. But it is also…

Daily News Egypt

Out of focus in Afghanistan

WASHINGTON, DC: One of the most pressing dilemmas facing Afghanistan today is the gap between Afghan and Western views on what constitutes an effective political system and a functional nation-state.…

Daily News Egypt