Khaled Hosseini to release second novel
Associated PressIt s an image that haunts Khaled Hosseini, the Afghan-born author whose debut novel, The Kite Runner, has become an international best seller.A bourqa-clad woman is led into a…
Morgan Stanley says plans to open office in Egypt
Investment bank Morgan Stanley said on Wednesday it plans to open an office in the Egyptian capital Cairo after it obtains regulatory approvals. As we continue to grow our business…
Solana aiming to reduce tension in region
EU foreign policy chief reiterates support for Lebanese armyCAIRO: Having met with President Hosni Mubarak and Arab League chief Amr Moussa in Cairo, EU High Representative for the Common Foreign…
Kefaya calls for referendum on privatization, blasts corruption in new report
CAIRO: The Kefaya Movement for Change has taken a stand this week against the privatization of state-owned properties, calling for a national referendum before any further sales can take place.…
Political Parties committee approves the Democratic Front Party
CAIRO: The political parties committee at the Shoura Council officially approved the founding of the Democratic Front Party yesterday. Osama El Ghazali Harb, the appointed member of the Shoura Council…
PA questions government's role in high unemployment rate
CAIRO: The government holds the biggest share of responsibility for the unsolved dilemma of unemployment that Egypt has been suffering for many years, said Mohamed Khalil Kwaitah, a PA member…
Corecap launches the world's first Islamic private equity fund
DOHA: Corecap, the regional investment and advisory firm specialized in alternative investments, announced today the launch of its first $150 million Corecap Islamic private equity Fund I (Cipef I). Cipef…
Egypt to be outsourcing 'India of the Middle East'
Egypt is poised to become the India of the Middle East as it seeks to ramp up its share of the global outsourcing market, experts predict, according to reports by…
Egypt's EFG-Hermes to enter Qatar as joint venture
CAIRO: EFG-Hermes, Egypt s largest investment bank, said on Wednesday it would enter the Qatari market in a joint venture with an unnamed local Qatar company with start-up capital of…