Cash aid for Africa
STOCKHOLM: Europe has made an ambitious commitment to scale up its aid to Africa, and Africa's challenges call for that greater engagement. But boosting aid to countries that are already…
Decoding Egypt: Egypt's pathetic foreign policy
CAIRO: Three years ago an expert on Egyptian politics argued that Egyptian foreign policy "sometimes seems like an aging movie star. Last month, Egyptian Foreign Minister, Ahmed Aboul Gheit, confirmed…
Robert Fisk lashes out against Egyptian regime
CAIRO: In a scathing article by British journalist Robert Fisk titled "The Rotten State of Egypt is too Powerless and Corrupt to Act published in the Independent on Wednesday, the…
Hassan refutes Ahly exit rumors
CAIRO Veteran midfielder Ahmed Hassan insisted on Thursday the notion of leaving Ahly did not cross his mind.The Egyptian international joined Ahly in the close season after his contract with…
Local sports in 2008: achievements, failures and disputes
CAIRO: Sports in 2008 was more like a fluctuating chart: football and individual sports' victories intertwined with Olympic disappointments and administrative conflicts on the local scene. "Winning the African Cup,…
Al-Weeshi reveals Zamalek interest
CAIRO: Arab Contractors striker Reda Al-Weeshi said Zamalek opened talks with him over a possible move in January. I m ready to join them once an official bid is tabled,…
Egypt index rises on foreign buying on OCI
CAIRO: A surge of buying by institutional investors on market heavyweight Orascom Construction Industries (OCI) saw Egypt s benchmark CASE 30 index rise more than 3 percent on Tuesday. OCI…
Egypt to cut some import tariffs to zero pct, says paper
CAIRO: The Egyptian government plans to cut import tariffs on some capital and intermediary goods to zero percent from between 2 and 5 percent to boost investment, the daily newspaper…
Oil dips below $40 over world economic concerns
VIENNA, Austria: Resurfacing concerns over the world economy sent crude prices lower Tuesday, eclipsing fears that the Israeli attack on Gaza could inflame tensions in the oil-rich Middle East.Prices have…