Mubarak sounds warning to workers over strikes in Labor Day speech
CAIRO: President Hosni Mubarak sounded a warning to workers over "unlawful strikes in a speech Wednesday to commemorate Labor Day, stating that it could hurt the economy during the current…
Lieberman's change of heart won't matter unless he apologizes, say analysts
CAIRO: With press reports claiming that new Israeli Foreign Minister Avigdor Lieberman has somewhat changed his hard-line stance, it remains to be seen whether that will mean Egypt will be…
MPs accuse government of overspending
CAIRO: Independent and Muslim Brotherhood members in the People's Assembly filed an investigation request into what they claim is the government's overspending on officials' luxury cars and offices.The request was…
Who should foot the bill for FDI?
One of the main concerns during these times of financial turmoil is how to keep foreign direct investment (FDI) flowing into Egypt. A main propellant of economic growth in recent…
SECTOR SERVICE: Egypt banks introduce new options for consumers
CAIRO: With modern banking services becoming more and more sought after by diverse sectors of the population, Egypt's banks are hurrying to catch up with the trend by offering savings…
IN DEPTH: IFC works with local banks to promote development
CAIRO: Persistent customer service problems and frequent dysfunctions aside, some of Egypt's banks are making serious efforts to improve capacity and quality. Sometimes all it takes is the advice of…
ONE ON ONE: EGB forays into microfinance, targets SMEs
CAIRO: The Egyptian Gulf Bank's (EGB) approach to the global recession has been a unique one. As it continues to push its corporate and retail sides, the bank is also…
Summer heroes: Wolverine, Kirk & Spock, Potter
What a who s who list Hollywood has lined up for its summer action spectacles: Wolverine. Transformers. Harry Potter. James Kirk . G.I. Joe . Terminator.If there s one word…
Forward Music injects new blood in Egyptian music scene
For several years, Diwan Bookstore has managed to revolutionize the book industry in Egypt. Now, Diwan has turned its attention to music, venturing in a new project that would introduce…
Obama's first 100 days
WASHINGTON, DC: During his January 2009 presidential inaugural address, US President Barack Obama sent a clear message to the world s 1.3 billion Muslims when he said: To the Muslim…
