Egypt move one place up in FIFA ranking
CAIRO: Egypt made slight progress in the monthly FIFA ranking for national teams, moving to 21st place.Egypt are yet to make it to the top 20 in 2008, as the…
Egypt stocks drop as global, regional markets fall
CAIRO: Shares of Orascom Telecom plunged nearly 10 percent on Wednesday, dragging Egypt s benchmark index to its sharpest single-day fall in two weeks. Orascom Telecom, the sixth-worst performer on…
Algeria abolishes presidential term limits
ALGIERS: Algeria s parliament overwhelmingly approved constitutional amendments that abolish presidential term limits, paving the way Wednesday for President Abdelaziz Bouteflika to seek a third term in spring elections.Critics said…
Sector Service: Trading terminology decoded for the average investor
CAIRO: We've all seen the movies set on the floor of the New York Stock Exchange, the dialogue punctuated with cries of "hold, "stay in line or "hit me. But…
BUSINESS BEAT: Amid credit crunch, regional Islamic banker finds cause for cheer
CAIRO: Crisis brings opportunity, the old saying goes. But it is hard to find many who share that sentiment nowadays, as fallout from the financial crisis pierces the global economy,…
ONE ON ONE: High time for investment, mergers and acquisitions, says Pharos chairman
CAIRO: Mohamed Taymour has been in the game for a long time. It shows in his even-keeled outlook on the economy and his willingness to endure the highs and lows…
Just call him Fisho
While singers like Tamer Hosny and Moustafa Amar are crossing over from music to film, one lone salmon makes his way against the currents into the music industry. The end…
"Lapdogs" explores the fine line between art and class
Conceptual art exhibition "Lapdogs of the Bourgeoisie blurs fiction and reality at several turns. The multi-artist assemblage at the Townhouse Gallery combines work in diverse media: lectures presented by actors,…
Save the Emerging Markets
CAMBRIDGE: If the world were fair, most emerging markets would be watching the financial crisis engulfing the world's advanced economies from the sidelines - if not entirely unaffected, not overly…