Egypt's Consumer Spending on the Rise
Credit bureau and electronic payment critical in supporting sound credit decisionsCAIRO: The establishment of a credit bureau and the increasing use of electronic payments are two important factors that support…
There is no Democratic solution in Iraq
The Democrats in the United States declared the recent congressional elections a "referendum on the Republican President George W. Bush's stewardship of the Iraq war. On the campaign trail, they…
Palestinians must still rely on the US to achieve peace
More than two decades ago I had the honor to speak about Palestinian-Israeli peace on a panel with former Secretary of State Henry Kissinger. Although much has changed in the…
Accepting Hamas' victory might save Olmert's plan
Washington may soon replace its failed regional policy of isolation and confrontation with a renewed policy of engagement. Correspondingly, Israel's policy vis-a-vis the Palestinians is about to change as well.…
Egyptian films leave a little something to be desired, say critics
Best productions of recent years, but can they compete internationally?CAIRO: When an announcement was made in October that three Egyptian films would be screened in the main international competition of…
No wonder the Israelites wandered for 40 years!
The wonders of Sinai's wadis offer an entrancing weekendAfter spending 40 hours wandering through the wadis of the high Sinai Mountains, I have a new appreciation for the geographically challenged…
EU official: Egypt is an economic tiger on the Nile
CAIRO: While the Egyptian economy has benefited from reforms which have made it increasingly competitive and open to foreign investment, more work is needed to ensure future prosperity, according to…
Technology exports hit $500 mln
Technology and communications' services exports recorded approximately $500 million over the first ten months of 2006, according to Gamal Mohamed Ali, deputy chairman of the Information Technology Industry Development Agency.Speaking…
Japanese auto parts producers look to investment opportunities in Egypt
A Japanese business delegation of 22 auto parts producers is poised to visit Cairo during the middle of the week.According to Abdul Monem Saudi, chairman of the Egyptian Japanese Business…
Mortgage Loans approvals hit LE 241 mln in six months
The Mortgage Finance Authority has signed mortgage contracts valued at LE 241 million over the past six months, which, according to MFA chairman Osama Saleh, will enhance opportunities for achieving…
