Aboul Gheit meets top Obama advisor
WASHINGTON: Egyptian Foreign Minister Ahmed Aboul Gheit met US national security advisor James Jones Tuesday, for talks arranged after President Hosni Mubarak cancelled a US visit over a family tragedy.Jones…
BUSINESS BEAT: AAIB, Medmark put the 'smart' in smart chip
CAIRO: In mid-April, Arab African International Bank (AAIB) became the first bank in Egypt to launch a credit card making use of smart chip technology. Smart chips are located on…
IN DEPTH: New CBE measures support SME development
Until recently, small and medium enterprises (SMEs) were Egypt's long forgotten offspring. The Egyptian government did little to encourage their growth. Bankers saw them as a not lucrative and overly…
Moving on: An interview with veteran banker Gamal Moharam
Gamal Moharam has been a player in the Egyptian commercial banking sector for much of his career. With his departure late last year from Piraeus Bank Egypt, where he served…
One On One: Cards company MSCC works to expand e-payment in Egypt
Though subtle, the signs are there: Egypt is going wireless. With online services, e-payment and credit options rapidly expanding, the vision of a cashless, wired-in Egypt is no longer a…
CMA rejects FT's offer for Mobinil
CAIRO: Egypt's market regulator rejected Wednesday France Telecom's (FT) bid to buy out Orascom Telecom's (OT) stake in mobile telecom giant Mobinil.In a statement, France Telecom said it "regrets this…
Marilyn's clothes, Elvis' pill bottles for sale
Marilyn Monroe s coffee table and Elvis Presley s prescription bottles are going up for auction.Julien s Auctions will also sell clothing, autographed photos and other Monroe memorabilia, including items…
Adam Lambert keen on Queen, but won't rock only
Will he, will he rock you?Adam Lambert won t rule out a stint as the new frontman of Queen. The legendary band has expressed interest in employing the American Idol…
France and UAE launch 'desert Louvre' project
France and the United Arab Emirates formally launched the desert Louvre project on Tuesday, bringing the iconic cultural name and its tourist pulling power one step closer to the oil-rich…