New investment tools set to spur Egypt's capital market
CAIRO: When securities regulators in the United States and the United Kingdom banned short-selling on a host of financial companies shortly after the demise of banking giant Lehman Brothers, some…
IMF launches probe into director's affair with employee, initiated by Egyptian
NEW YORK: The International Monetary Fund has opened an investigation of its director Dominique Strauss-Kahn and his intimate ties to a subordinate employee - an affair that echoes the scandal…
Special Euromoney Coverage: Reform is not a popularity contest, says Youssef Boutros Ghali
CAIRO: Fresh off the plane from Washington, where he had gone to help address the global economic crisis, Egyptian Finance Minister Youssef Boutros Ghali sat down with Daily News Egypt…
Special Euromoney Coverage: Saving capitalism from the capitalists
CAIRO: After building his practice in the United States - a run that climaxed in his admittance before the Supreme Court and appointment as full partner at Baker and McKenzie,…
Future of FDI lies in playing up non-traditional sectors
CAIRO: Over the last several years, a cadre of Cabinet ministers, a barrage of new policy and the strength of free market capitalism have conspired to dramatically increase international investment…
US academic first woman to lead Muslim prayers in Britain
OXFORD: An American academic has become the first woman to lead British Muslims in mixed congregational prayers and deliver the Friday sermon, organizers said.Amina Wadud, who converted to Islam more…
18 arrested in latest Samalut clashes
CAIRO: Eighteen people were arrested for clashing with police forces in the town of Samalut as the fall-out from the death of the pregnant Mervat Abdel-Sattar continues.Those arrested were charged…
