Egyptian stocks fall in line with global markets
CAIRO: Turmoil in global equity markets hit Egypt s main stock indexes on Tuesday for the second straight session, traders said, with the benchmark CASE 30 falling nearly 3 percent.…
SPECIAL SERIES: RAMADAN: The food and beer industry during Ramadan, the ups and downs
CAIRO: Ramadan is a tricky month for bars and restaurants. During daylight, the rows of shuttered windows, renovations and vacant lounges are enough to make even this lively city look…
Tourist group located as kidnappers threaten to kill hostages
CAIRO: Sudan and Egypt said they have located the whereabouts of the 19 hostages kidnapped from Egypt Monday. Meanwhile, the kidnappers have threatened to kill the hostages if a plane…
Egypt ranks 115 in global corruption index
CAIRO: Egypt has been placed at 115 in an annual list of perceived corruption in 180 countries, according to the Corruption Perceptions Index, published by independent organisation Transparency International.While Egypt…
Kidnapping will not affect tourism, say experts
CAIRO: As 15 or so captives sit somewhere likely south of the Sudanese-Egyptian border, the health of the tourism industry rests in their captors' hands.Experts across the board agree that…
The mysterious realms of 'Nether Matrix'
The Swiss Arts Council Pro Helvetia has repeatedly proven to be one of the most reliable art venues in Egypt in pulling a conceptually sound show.During Ramadan, Pro Helvetia is…
Tzipi Livni's Israel
HAIFA: Famously irreverent, Israelis tend to call their leaders by their first name or childhood nickname. But don't be fooled: Tzipi (Tzipora) Livni is nobody's close friend. Her dry style,…
Farewell to the neo-classical revolution
LONDON: The looming bankruptcy of Lehman Brothers, and the forced sale of Merrill Lynch, two of the greatest names in finance, mark the end of an era. But what will…
Recycling history
CAIRO: O?ver the past month, there's been an ongoing debate over what constitutes the "pure Egyptian identity. It's a strange question at a time when Egyptians are suffering from unprecedented…
Egypt's 'Great Barrier' a growing draw and danger for tourists
CAIRO: The remote plateau where a party of 19 foreign tourists and Egyptians was reported kidnapped on Monday only became known to the Western world in the 1920s but has…
