Billions pledged at food summit, but more needed UN chief says
ROME: Pledges of almost three billion dollars of emergency aid were made at a food price crisis summit on Wednesday but UN chief Ban Ki-moon warned up to $20 billion…
MB: New child law follows Western agenda, says Brotherhood
CAIRO: Participants at the discussion "An Objective Look at the Child Law, organized by the Muslim Brotherhood's parliamentary bloc, condemned the recent amendments made to the Child Law currently being…
Better safe than sorry
Does it come with airbags? This question is being asked more and more in local car showrooms. It's only logical, especially considering the chaotic traffic and the high accident rates.…
The cream of the crop on display at Automech 2008
With a more dynamic and competitive market than ever, Automech Akhbar El Yom is launching its 13th edition today, bringing together over 400 exhibitors from 16 countries, singer Nadia Ali…
Word of mouth proves to be powerful in local auto market
There are cars we see nearly every day on every corner of every street. They are what you call in popular terms best sellers. And unlike other countries, they are…
Customizer reincarnates cars
DAYTON, Ohio: In a business that s attracting older car buffs and creating new fans with the young, Don Boeke is among the masters.The longtime car customizer has reincarnated Porsches,…
Suez canal earns record $487 million in May
CAIRO: The Suez Canal Authority posted a record monthly income of $487 million in May, a 27 percent surge on the previous year, authority chairman Ahmed Fadel said on Wednesday.The…
Taking a bite out of e-crime
CAIRO: Measure taken by the Ministry of Communications and Information Technology (MCIT) have succeeded in lowering the percentage of e-crimes in Egypt by 60 percent, said IT Minister Tarek Kamel.The…
As car financing gains steam, lenders seek stability
CAIRO: When the Egyptian pound's value crumpled in 2003 - idling, for a time, at nearly LE 7 per US dollar - the import-needy auto industry was among the hardest…
Franchisors look to branch in the region
CAIRO: If you are seeking over 80 percent chance of success in your enterprise, then franchising is the answer for you, according to experts at the MENA International Franchise Exhibition…