Real estate prices to continue increasing, say industry insiders
CAIRO: Fears of a real estate bubble bursting were slightly mollified when veteran real estate financiers and developers agreed that they envisioned an additional increase in prices. "I'm afraid to…
Shareholders and clients alike benefit from consolidation in banking
CAIRO: Hot on the heels of mergers and acquisitions (M&A), Egypt's banking environment has moved from a below par sector with around 60 weak banks to a thriving one with…
Reforming public education is necessary to secure a future generation of leaders, say business community
CAIRO: While Egypt may have abundant local talent and a large labor force, the problems and shortcomings of the public education system need to be addressed in order to create…
Energy and IT sectors account for much of economic growth
CAIRO: The energy and IT sectors continue to move ahead and encourage foreign direct investment in Egypt, contributing to the nation's overall growth, said ministers of the sectors at the…
Growth has been Egypt's target: Nazif
CAIRO: "Growth has been our target, and the steps taken by the government since 2004 have created an environment that attracts investment, said Prime Minister Ahmed Nazif during the closing…
Sphinx nabs prime spot to watch over Friday concert
Preparations are under way for another concert at the foot of the Sphinx. With the Great Pyramids in the background, the stage has attracted international artists like Sting, Julio Iglesias,…
Democracy can make democrats
The main question that lies in the debate about Islamic parties and democracy in Indonesia is whether Islamic parties, with their seemingly minimal commitment to democracy, can contribute to the…
Determination and sensitivity
Determination and sensitivity was the prevailing slogan in Israel during implementation of the disengagement plan in August 2005. It expressed the attitude demanded of Israel s security forces toward removal…
The Lebanon War One Year Later
It is now almost one year since the European Union committed to stabilize Lebanon following last summer's war. With its decision to send thousands of soldiers to Lebanon to implement…
Store grains, dried fruit properly to prevent parasite outbreaks
CAIRO: In preparation for the holy month of Ramadan is people are stocking up on beans, lentils and other types of grains usually used to break the fast or for…