NBE bank to launch mortgage fund – report
CAIRO: State-owned National Bank of Egypt (NBE), Egypt s largest commercial bank by assets, is setting up a LE 10 billion ($1.79 billion) fund to finance home mortgages, a newspaper…
Egypt: Providing food security
CAIRO: With irrigation efforts moving slowly and imports beset by inconsistencies, Egypt has begun to follow its neighbors lead into overseas farming. In particular, persistently high wheat prices, and the…
Egypt FM meets Darfur rebel leaders in push for unity
CAIRO: Egypt s Foreign Minister Ahmed Aboul Gheit met officials from Darfur rebel groups on Saturday to push for peace talks between them and the Sudanese government, the state news…
INTERVIEW: Trade with countries with poor human rights record not contradiction, says Swedish Ambassador
CAIRO: As Sweden assumed the rotating European Union presidency from July 1, Daily News Egypt sat with Swedish Ambassador to Egypt Malin Kärre to discuss EU policy regarding Egypt, the…
Egypt's Barclays grabs Visa awards
CAIRO: Visa Sunday granted two awards of excellence to Barclays Bank Egypt during a press conference at the Four Seasons Nile Plaza. The awards granted included one for Fastest Growing…
Michael Jackson's sister La Toya says he was 'killed'
Michael Jackson was killed by a band of greedy hangers-on, his sister La Toya alleged in interviews with British Sunday newspapers.The King of Pop s sister spoke about her younger…
Insipidness and misogyny in lackluster theater fest
The official rhetoric of the fourth edition of the National Theater festival, evident in its daily publication, is a celebration of some kind of renaissance in Egyptian Theater. Judging by…
Repairing the dilapidated Syria-US relationship
WASHINGTON, DC: Like a dilapidated house, the US-Syria relationship has been in need of repair and renovation for years. Since President Obama's Jan. 20 inauguration call for engagement with "adversaries…
The darker half of Kuwait
On Tuesday night outside Kuwait's Parliament, sandwiched between the Persian Gulf and Kuwait's eponymous Arabian Gulf Road, around 100 Kuwaitis gathered to protest the disappearance and detention of Hussain Al-Fudalah.…
Creating conditions for sustainable peace in Darfur
Sudan is at a crossroads. The Comprehensive Peace Agreement (CPA) that ended the North-South civil war is on the verge of unraveling. While the international community wants to focus on…