Gulf investments in Egypt surge, research companies work to change domestic culture
CAIRO: A stable economy and a sound political regime have contributed to Egypt's role as a regional hub for Gulf investors in the Middle East and North Africa.In a workshop…
Private equity firms take struggling companies into the future
CAIRO: Private equity in Egypt has taken on the task of investing in growing local companies through acquisitions, consolidations, greenfield sites and turnarounds, in hopes of making them regional leaders.ASCOM…
Minister of Finance to slash real estate tax
CAIRO: The Egyptian government will reduce the real estate tax significantly, announced Minister of Finance Youssef Boutros Ghali at the Euromoney Egypt Conference Tuesday."The current real estate tax of about…
THE REEL ESTATE: Tired formulas, average pictures and the end of El Limby in a lackluster summer
The summer film season of 2007 will always be remembered for two main reasons: Egypt witnessing the worst box-office tumble in quite some time and the long-awaited end of the…
Middle East talks: Syria first
TEL AVIV: Once again, the US peacemaking efforts in the Middle East are focused on an international convention -which is to include, this time, only the region s moderate forces.…
Kurdish women prefer death to compliance
The Women's Union of Kurdistan sounded an alarm bell recently about the increase of suicide rate among Kurdish women due to forced marriages. Most of the cases reported were of…
Repeating old mistakes
The Israeli, Palestinian and international boycott of Hamas and its government since the Palestinian elections in 2006 has backfired and is defeating its purpose. For a start, the boycott enabled…
Egypt condemns 'odious' Swedish Mohammed cartoon
CAIRO: The Parliament on n Tuesday condemned the publication by a Swedish newspaper of a cartoon of Prophet Mohammed (PBUH) as a dog saying such odious acts fanned religious hatred.…
Policeman acquitted of torture killing
CAIRO: A Cairo court on Tuesday acquitted a state security officer of charges of torturing to death a man he had arrested in 2003, a judicial source said. The court…