Al Massy Fund Achieves subscription of 152 pct
CAIRO: The Al Massy Fund has seen exceptional demand, with a subscription rate of 152 percent following its launch in February, according to a press statement.Originally launched with a cap…
Al Watany merges with Kuwaiti bank
CAIRO: National Bank of Kuwait (NBK) marked its entry into the local market by acquiring Al Watany Bank of Egypt (AWB) for $1 billion. In a statement to the press,…
China overtakes France in international art stakes
PARIS: China s art market overtook France s for the first time last year in world rankings still dominated by New York and London auction houses, according to figures released…
A KHAWAGA'S TALE: Point and shoot: the Cairo Camera Club
Photography is the basic human art form; it is part of being human. We didn't learn to point and shoot, cameras just come naturally. It is as though we learned…
Reflections: Bread or freedom?
A good offence is the best defense, as we all learnt yesterday. As I drove through Talaat Harb square at around 9 am, the scene looked all too familiar: at…
Toward building peace
I was eating breakfast one morning when my father slapped down the New York Times Magazine in front of me. You might want to check out this article. I believe…
Ignoring Al-Jazeera
It appears that Israel is taking a page from the George W. Bush book of public diplomacy: attempting to influence coverage by Arab media by boycotting the most influential television…
Bush's New Middle East
President George W. Bush's declaration of "mission accomplished in Iraq five years ago was as hubristic as his current assessment that the "surge has "delivered a major strategic victory in…
Word On The Street: Egyptians speak out on general strike
CAIRO: With an announced strike, Sunday morning began as a somewhat slower day in Cairo. On Saturday government news sources warned citizens of participating in protests citing heavy penalties. Small…
PA turns down request to privatize Cairo stadium
CAIRO: The People's Assembly (PA) turned down a request recently filed by the government to privatize Cairo International Stadium, Mohamed Khalil Kwaitah, MP affiliated with the National Democratic Party (NDP),…