Mubarak calls for economic and political stability to achieve growth on all fronts
SHARM EL-SHEIKH: In his inaugural speech at the World Economic Forum (WEF) on the Middle East in Sharm El-Sheikh Sunday, President Hosni Mubarak called on all heads of state, decision-makers…
Meeting infrastructure challenges to maintain Egypt's touristic status
With Egypt's convenient location, year-round sun, beaches and heritage, the nation's tourism has always been one of the prime generators of liquidity.Maintaining the influx of tourists and increasing their rate…
Green politics in the developing world: often conflicted and increasingly practical
CAIRO: There's a legend here that the 19th century sovereign Mohamed Ali, in his fervor to modernize the Egyptian economy, tried to pluck stones from the Pyramids to build dams…
Tax reforms aim for a long neglected target: getting people to pay
What happens when a country outgrows its laws? When nearly a third of the workforce labors in the shadow market and 90 percent of residences go unregistered? To start, collecting…
Metro to enter Egypt market with 10 Cash & Carry stores
Metro Cash and Carry International, Germany's biggest retailer, aims to open around 10 wholesale outlets in Egypt, an investment of up to ?150 million. It plans to open its first…
Notorious female thug caught for the last time
MENUFIYA: Proving to be a rare breed, Hanaa El Sayed has acquired a notorious reputation as a fearsome thug and armed robber. El Sayed had ventured into part of the…
Iran and Egypt: The resonance of Persian music in a Cairo park
CAIRO: As part of the Spring Festival in Cairo, El Genaina Theater at Al-Azhar Park hosted world-class Iranian musician Kayhan Kalhor. About 300 people turned up to enjoy the solo…
Oil price surges to record high above $127
LONDON: The price of oil rocketed to a record high point of $127.43 per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump…
Bush to meet Abbas at Egypt's 'Davos'
CAIRO: US President George W. Bush flies on Saturday to Egypt where he will meet Palestinian President Mahmoud Abbas after celebrating Israel's 60th anniversary and address the World Economic Forum…