Leaders discuss impending global water crisis at WEF
Triggered by the rise in commodity prices, water scarcity and the high demand for food security, experts expressed the necessity for a series of policy reforms and investment flows to…
Innovative industry ideas get ministerial nod
The winners of Egypt's first Business Plan Competition for Industry were announced at an awards ceremony Monday at the World Economic Forum on the Middle East in Sharm El-Sheikh. Minister…
Fueling the future: towards sustainable energy
In a session discussing scenarios for sustainable energy titled "Fueling the Future, participants from leading energy companies and government representatives discussed the challenges that lie ahead.Springing from a notion that…
Bush fails to win Saudi help for oil increase big enough to cut high gasoline prices
RIYADH: President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a setback for the former Texas oilman who took office…
Interpipe's results continue to improve in 2007
DUBAI: Interpipe Limited, a major global producer of steel pipes and railway wheels, announce its key financial results for 2007, reporting a growth in revenue and net profit by 24.3…
Dubai group acquires 49 pct stake in Sphinx Glass factory
CAIRO: Dubai Group, the diversified financial services company of Dubai Holding, has acquired a 49 percent in Egypt's Sphinx Glass Company in partnership with Cairo-based private equity firm Citadel Capital.Dubai…
A mausoleum fit for a king
The untimely death of Khedive Tewfiq, ruler of Egypt from 1879 to 1892, took the nation, not to mention the rest of the world, somewhat by surprise.An article in The…
Getting Governance Right
Economists used to tell governments to fix their policies. Now they tell them to fix their institutions. Their new reform agenda covers a long list of objectives, including reducing corruption,…
A modern day Silk Road
In its time, the ancient Silk Road was a network of trade routes that facilitated commerce through regions of the Asian continent, connecting East and West Asia by bringing traders,…