Trade Ministry sets LE 7 bln stimulus package
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid announced Tuesday a LE 7 billion support package "to maintain the current levels of investments in industry and trade. In a…
News in brief
Egypt's inflation dips to 20.9 pct in year to November Consumer inflation in Egypt fell to 20.9 percent in the year to November from 21.2 percent in the year to…
Beltone to launch ETF in January
CAIRO: Egypt-based investment bank Beltone Financial recently announced it will launch the region's first exchange-traded fund (ETF) in January.The fund - named XT-Misr - is an open-ended fund investing in…
Italy's Edison signs deal for Egyptian concession
MILAN: Italian power company Edison SpA said Tuesday it has signed a $1.4 billion agreement with Egyptian energy officials for the exploration and development of the Abu Qir oil fields…
Souad Mardam Bey paints with her wand again
Souad Mardam Bey has painted magic again. Ethereal and ephemeral figures and silhouettes grace her canvases in a collection that has outdone her previous exhibitions.All her subjects, humans and animals…
Europe and the New World Order
BERLIN: Nov. 15, 2008, is a date to remember, because on that day history was made. For the first time, the G-20, the world's 20 leading economies, came together in…
Abdullah's interfaith initiative
DUBAI: Watching King Abdullah unveil a landmark interfaith initiative at the United Nations last month, one couldn't help but recall his visit to Vatican last year. He was doing something…
Beyond boots and bombs
CAMBRIDGE, Massachusetts: The terrorist attacks in Mumbai have dramatized how the urgent will often take precedence over the important for the incoming Barack Obama administration.The attacks have plunged relations between…
Decoding Egypt : On Charisma
The concept of charisma - derived from the Greek word for grace - has held a vital place in the vocabulary of social sciences since the German sociologist Max Weber…
Doctors' families demand Mubarak's intervention
CAIRO: Activists and family members of the two Egyptian doctors imprisoned in Saudi called on President Hosni Mubarak to intervene in the case. The group headed to the Abdeen Palace…