Nile countries delay water sharing pact for six months
ALEXANDRIA: Water ministers from Nile Basin countries on Tuesday delayed signing a water-sharing pact already rejected by Egypt and Sudan, who oppose any reduction in their traditional quotas.Ministers from nine…
Lebanon rivals close to agreement on cabinet: speaker
BEIRUT: Lebanon s rival factions are close to agreement on a new unity government nearly two months after a Western-backed alliance won parliamentary elections, speaker Nabih Berri said on Wednesday.…
IN DEPTH: HDB gets the go-ahead for Damac deal
Banks around the world have been in the news over the past year because governments have been stepping in to bail them out from poor balance sheets and too much…
BUSINESS BEAT: IMF says healthy banking sector, reforms cushioned Egypt from crisis impact
CAIRO: Egypt's economy will continue to decline for the next fiscal year, but the country's financial system has endured the global economic crisis fairly well, said the International Monetary Fund…
Citi Egypt emerges from crisis stronger, says executive
Citigroup is meeting the financial crisis head on. Despite the turmoil surrounding the collapse of the bank in the United States and the echoing effects felt around the world, the…
ONE ON ONE: Retail banking and SMEs the way forward, says CIB's Ezz Al-Arab
We want to remain the best in Egypt. And by being the best, your customers are happy, shareholders are happy, the government is happy, the regulator is happy. The competition…
Palestinian 'terrorist' not amused over 'Bruno' cameo
A Palestinian man presented as a terrorist in Sacha Baron Cohen s new hit movie Bruno said on Tuesday he was not amused at the gay fashionista mockumentary and plans…
Classical good and evil conflicts dominate Sakia Theater Festival
In its seventh year, the Sawy Culture Wheel's Theater Festival attracted professional and amateur talents alike, ranging from newly formed amateur groups, to theater companies with some experience in the…
A Black and White Question
NEW YORK: In the afternoon of July 16 two men appeared to be breaking into a fine house in an expensive area of Cambridge, Massachusetts. Alerted by a telephone call,…
Turkish women make front-page headlines
ISTANBUL, Turkey: At first glance, Turkish newspapers' appear to depict women in one of two ways: either as fashion objects, exhibiting the latest bikinis and glam rags or, on the…