SECTOR SERVICE: Using credit wisely amid the crunch
Although the global credit crunch provides an unlikely context for attracting new customers, credit card use in Egypt continues to rise. The convenience of credit cards, the ability to buy…
US working on its first resolution at UN rights council
GENEVA: The United States will soon introduce its first draft resolution since its election to the UN Human Rights Council, a text on freedom of speech being prepared with Egypt,…
Al-Qaeda predicts Obama's downfall by Muslims
CAIRO: Al-Qaeda predicted President Barack Obama s downfall at the hands of the Muslim world in a new video released Tuesday.The 106-minute video in Arabic, entitled The West and the…
Egypt calls for UN monitoring of Israel nuclear program
CAIRO: Egypt has sent a letter to the 15 members of the UN Security Council calling for a nuclear free Middle East and the monitoring of Israel's nuclear program.Foreign Minister…
MSCC signs with 40 African banks
The Mediterranean Smart Cards Company (MSCC) recently signed with four bank groups in Africa, to extend its services to a total of 40 subsidiaries. The agreements - signed with United…
ONE ON ONE: Keeping an eye on consumer banking
The ink on Kashif Sohail's business cards is hardly dry. Barclays' new director of consumer banking in Egypt (he's four weeks into his tenure) comes into the job at a…
IN DEPTH: Egypt's interest rate cuts expected to spur growth
The Central Bank of Egypt cut last week key interest rates, signaling the government's continued stance of encouraging economic growth while worrying less about inflationary pressures.Analysts have been quick to…
San Sebastian film fest turns eye on blind faith
French film director Bruno Dumont rocked the San Sebastian film festival Tuesday with the screening of Hadewijch, his disturbing film about the blind religious faith of a young Parisian woman.The…
Crestfallen, 'Idol' host who inspired Afghans flees to US
Back in Afghanistan, Daoud Sediqi recalls, he could rarely walk the streets without fans cheering him on, grateful he brought some hope back to the country with his blockbuster Afghan…
Decoding Egypt: Egypt after Mubarak
Egypt is politically at a crossroads, and it is important to attempt to look ahead and predict the most plausible forms of regime in the post-Mubarak era. As a rule,…