Egypt interbank rate edges up to 8.8%
CAIRO: The median overnight interbank rate on Egypt s pound edged up slightly to 8.8 percent on Thursday from 8.788 percent on Wednesday, but traders said the market was still…
Electrical dry gas generators production starts
The Ministry of Electricity and Energy carried out a program to produce dry gas generators for the first ever time in Egypt in cooperation with the Egyptian and international companies,…
Al Islami Foods enters Egypt
Consolidating its presence in the Middle East, Al Islami Foods, a leading provider of quality halal products, today announced a strategic expansion into Egypt s huge processed food market by…
US administration loses top-ranking Egyptian American
The highest-ranking Egyptian American in the Bush administration has resigned from her post at the US State Department to take a job with Wall Street investment firm Goldman Sachs, officials…
The International Compact: a roadmap to stability for the region
SHARM EL-SHEIKH, Egypt: The International Compact with Iraq (ICI) to be launched Thursday at a conference in Egypt is a five-year plan aimed at stabilizing the war-torn country politically and…
UN Secretary General calls for violence in Iraq to stop, Rice meets Syrian FM
CAIRO: UN Secretary General Ban Ki-moon has stated that more needs to be done to halt the incessant and ongoing violence in Iraq.The secretary general was speaking at the launch…
Need for available agricultural land increasingly critical
CAIRO: Given the fact that agriculture alone constitutes around 50 percent of the country's economic resources and the fact that soil of land is as valuable as money stashed away…
Just tango on
I must confess, I'm a tango virgin. One of my very few experiences of the Argentinean dance was that great bit in the film "Scent of a Woman when Al…
Virginia Tech massacre reopens debate on violence on local screens
The Virginia Tech University massacre is expected to make moviemakers think twice before producing any films that might lead to violent behavior. After all, allegations have been made that violence…
Experiments in electronica
Last Friday night the Goethe Institute and 100Copies Records invited music lovers to sample the best of Cairo's electronic and experimental music scene. The heavy beats and unnatural sounds of…