The art of finance
PRINCETON: In the middle of September's financial meltdown, a remarkable event occurred in London. While the City of London was shaken by the collapse of Lehman Brothers and the run…
Israel and Iran have much in common
WASHINGTON: On its 60th anniversary, Israel is still concerned about survival. Even with nuclear weapons and the strongest military in the Middle East, the Jewish state remains anxious. Iranian leaders…
Wanted: An Arab Jean Monnet
The Middle East is beyond doubt one of the most dangerous crisis regions worldwide. The next war, terrorist attack, or failed peace initiative may lurk just around the corner. Compared…
Homer's epic spread thin in entertaining dance opera
After the notable success of past popular productions "Carmen and "Zorba the Greek, the Cairo Opera House has decided to take literary adaptations to the next level with "Odysseus, the…
Land dispute over Agrium plant site
CAIRO: Residents of Damietta are concerned that Agrium has not yet vacated the site of its proposed fertilizer plant in Ras El-Bar although the project has been cancelled since August.Local…
Youssef Boutros Ghali appointed chairman of the IMFC
CAIRO: In a widely anticipated move, the International Monetary Fund (IMF) appointed Egyptian Finance Minister Youssef Boutros Ghali as Chairman of the International Monetary and Financial Committee (IMFC) Monday.The appointment…
Cairo stock market hits two- year low
CAIRO: Egyptian stocks hit a two-year low Tuesday as traders returned from a week-long religious and national holiday to find little to cheer about amid a financial crisis that has…
Iran claims process of normalization with Egypt underway
CAIRO: Iran claimed Monday that the process of normalization with Egypt is currently underway.The Islamic Republic News Agency (IRNA) reported that Foreign Ministry spokesman Hassan Qashqavi told reporters that talks…
Pioneers says buys 50 pct of brokerage firm
CAIRO: Egyptian investment bank Pioneers Holding said on Tuesday it had signed an agreement to buy 50 percent of Egyptian Securities Brokerage, but declined to say how much it would…
