Bridge planner: 'thieves of Sharm El-Sheikh'
Mubarak dismisses plans of Egypt-Saudi bridgeCAIRO: A purported bridge to be built linking Saudi Arabia and Egypt has caused consternation in recent days over whether it will actually happen or…
Abu Dhabi says bought 8 pct of Egypt's EFG Hermes
State-owned Abu Dhabi Investment Authority said it had bought an 8 percent stake in EFG-Hermes and would take a seat on the board of the Egyptian investment bank. The authority…
Egyptian economic growth hits 7%, but few benefits trickle down
CAIRO: Africa's economic growth rate is projected to hit 6 percent this year, the highest level in over twenty years, the African Development Bank reported last week. Growth was strong…
Egyptian Company for Mortgage Refinancing to receive World Bank loan
CAIRO: Minister of Investment Mahmoud Mohieldin confirmed yesterday that the Egyptian Company for Mortgage Refinancing (EMRC), due to start its financing operations this year, will be receiving an LE 214…
Ex-Dubai Film Festival president explains his dismissal, discusses festival inadequacies
The regional film circuit was taken by surprise when the Dubai International Film Festival committee announced that Neil Stephenson, the Canadian founder of the festival, submitted his resignation on Feb.…
Desperately seeking security
JERUSALEM: In Israel, the concept of security is a powerful one. It is used to justify all military activity, including the occupation of Palestinian territories and the vast budgets applied…
Positive steps for better GCC-EU relations
The 17th session of the Joint Council between the European Community and the Gulf Cooperation Council (GCC) states was held on May 8, 2007, in Riyadh. Since the previous joint…
Desparately seeking security
In Israel, the concept of security is a powerful one. It is used to justify all military activity, including the occupation of Palestinian territories and the vast budgets applied to…
An army against the clock
America set a long clock ticking when it decided to spend $300 million to rebuild the sprawling military base here in Taji, Iraq, as a logistical center for the new…
Reluctant optimism to Egypt's membership of United Nations Human Rights Council
Egyptian human rights organizations and dissidents are expressing a wary optimism towards Egypt joining the United Nations Human Rights Council. Egypt became one of the new African members, along with…