Egypt, South Africa support 12-month reprieve for Beshir
PRETORIA: Egypt and South Africa Tuesday expressed their support for a 12-month delay of efforts to indict Sudanese President Omar Al-Beshir for war crimes at the International Criminal Court (ICC).…
Emir's family members charged with exploitation in Belgium
BRUSSELS: Seven family members of a deceased Emir from the United Arab Emirates were charged Tuesday with exploiting servants while living in a luxury Brussels hotel, Belgian authorities said Tuesday.The…
Negative rating, high expectations impeded Banque Du Caire auction
CAIRO: Hit by a series of unfortunate events - from a record-high inflation rate to Moody's negative rating - it seems that the auction of state-owned Banque Du Caire was…
Business Focus: ONE ON ONE: Citibank employs wholesale banking strategy
CAIRO: The smell of progress is quite literally in the air at Citibank Egypt these days. Their new office complex in Katameya sits at a nexus of construction in one…
Egypt's stock exchange tumbles to new low
CAIRO: Egypt s bourse rang the distress bell for two consecutive days this week - plunging 4.21 percent - after shares of both Orascoms dragged the benchmark stock index to…
BANK PROFILE: AAIB builds on domestic growth to expand regionally
CAIRO: Capitalizing on its growth in the Egyptian market, Arab African International Bank (AAIB) is looking to act as the gateway for international investments into the regional market."AAIB is currently…
SECTOR SERVICE: Mobile banking taking off in Egypt
CAIRO: As early as 2000, a handful of local and international banks launched electronic banking services to give clients access to cash and allow them to conduct necessary financial transactions…
Sudanese youth fight discrimination with rap
Young men like Reagan and Nour can be spotted on the streets of the Bronx or in South Central Los Angeles, belting out their rap flows and talking proudly about…
Decoding Egypt: The Execution of Reason
Today, as regional and international powers contemplate the choices of war and peace at the historical juncture that will shape the future of the Middle East, Egyptian foreign policy busies…