PA approves annual budget
CAIRO: The People's Assembly (PA) approved Tuesday the government's proposed budget for fiscal year 2009/10, with plans to increase spending on the health sector and water management. Mohamed Khalil Kwaitah,…
Car buyers not seeing benefit of Agadir Agreement
Despite initial hopes that a 2004 trade agreement between many Middle East and North African countries would play a role in reducing car prices around the country, the results have…
BUSINESS BEAT: Early birds catch best car deals
When is the best time to buy a car? Daily News Egypt went straight to the experts for insider tips on when to get the best deal and what season…
One On One: Abaza Trade foresees momentum in auto industry
Egyptian car importer and distributor Abaza Auto Trade has seen business slow down since the onset of the economic crisis. While their sales figures are nowhere near last year's, the…
New taxis gain speed on Cairo's streets
The white taxis you've been seeing around Cairo's streets lately aren't part of a new fleet of luxurious private cars. Sparkling new and styled with a line of checkered black…
OT, Mobinil trade suspended as FT saga drags on
CAIRO: Trade of Orascom Telecom (OT) and Mobinil on Egypt's stock exchange were suspended for the second day as OT's legal battle with France Telecom (FT) continued. The companies' shares…
Religion is part of the solution in Middle East
JERUSALEM: Bringing religion into the Arab-Israeli conflict cannot be avoided. It is already part of the conflict and has been from its inception. But in public discourse the deeper cultural…
Anatomy of Thatcherism
LONDON: Thirty years ago this month, Margaret Thatcher came to power. Although precipitated by local conditions, the Thatcher (or more broadly the Thatcher-Reagan) revolution became an instantly recognizable global brand…
Bringing Europe's last dictator in from the cold
STRASBOURG: The European Union recently embarked on a policy of "constructive engagement with Belarus. None too soon. Previously, EU policy was to isolate Belarus, which itself was seeking isolation. That…
Decoding Egypt: Don't count on Obama's good intentions
In their first White House meeting, former US President Jimmy Carter told former Egyptian President Anwar Sadat: "I can see the possibility that 10 years from now our ties to…