Iran bans controversial Sadat film from its market
CAIRO: The Iranian government has banned from its markets the distribution or sale of the documentary film "Execution of a Pharaoh, which portrays the late Egyptian President Anwar Sadat as…
I.O.U document claims Britain owes Egypt LE 29 mln
CAIRO: A document was recently discovered proving that Britain is indebted to Egypt by 3 million pounds sterling - or LE 29 million - which it has loaned during World…
SECTOR SERVICE: Online banking: It's all about trust
CAIRO: Inconvenient hours, long queues and bad customer service are common complaints among bank patrons in Egypt. That's why online banking, though still relatively new across the Middle East, has…
IN DEPTH: Egypt needs bigger plans for microfinance, say experts
CAIRO: In 2006, Bangladeshi Dr Muhammed Yunus won the Nobel Peace Prize for his achievements in microfinance with the Grameen Bank, changing the way the world views the kind of…
BUSINESS BEAT: Economists disagree on outcome of CBE rate hikes
CAIRO: The Central Bank of Egypt (CBE) raised overnight interest rates by a cumulative 2.75 percent this year to battle 16-year high inflation, but economists argue that monetary policy tightening…
ONE ON ONE: AUB Group eyes more acquisitions, says Deputy CEO
CAIRO: In an environment where banks are merging and collapsing on the global scene, Ahli United Bank Egypt is maintaining a bullish, yet steady, growth-oriented approach to its business.One of…
Egypt economists anxious about US bailout plan
CAIRO: It is often said that when the US sneezes, the rest of the world catches a cold. Now, the US has caught pneumonia and the rest of the world…
UNCTAD focuses on getting private money into infrastructure
CAIRO: The United Nations Conference on Trade and Development (UNCTAD) urged developing-market policymakers and business leaders to focus on luring foreign cash to traditionally low-margin but nevertheless crucial infrastructure sectors…
Stone's Bush biopic "W" in cinemas before elections
It s an improbable story about a simple man who somehow becomes the most powerful leader in the world, says director Oliver Stone about his new movie W, a biopic…