Urgent political action needed to stem Darfur crisis, concern worldwide
NAIROBI: The humanitarian crisis in the western Sudanese region of Darfur will deteriorate this year unless key political decisions involving the government, the Darfurian rebel groups and the international community…
FTA not on agenda, US-Egypt trade volume up by 30 pct
CAIRO: The time is not right for the proposed Free Trade Agreement (FTA) between Egypt and the US because economic considerations are not yet ripe, Minister of Trade and Industry…
Banks compete over loans to finance Vodafone's 3G license
CAIRO: State-owned Banque Misr has launched sober negotiations with Vodafone Egypt on a LE 2 billion loan ($350 million) to finance the company s license for 3G services obtained last…
Minimum capital requirement for LLCs reduced to LE 1,000
IFC official: positive potential of decision outweighs negativeCAIRO: Minister of Investment (MOI) Mahmoud Moheiddin issued a decree Saturday lowering the minimum capital requirement for limited liability companies (LLC) from LE…
Egypt ranks low in annual Heritage Foundation Economic Freedom report despite reforms
Economy scores behind Yemen and Oman regionallyCAIRO: Egypt advanced one position to No. 127 out of 161 countries on the Heritage Foundation's annual Economic Freedom Report. An overall score of…
Golden fingers: Up close with Ramzi Yassa
What do you do if you've been dubbed "the most important of all Egyptian musicians by your country's flagship publication; have won a string of international awards, and performed with…
Abandon the notion of a binational state in Palestine
As progress towards a two-state solution to the Israeli-Palestinian conflict stalls, an old idea has gained increased currency in some circles, that of one binational state for both Israelis and…
Without the rule of law, an Asian Union can't be the EU
It is tempting for Europeans to project their own history onto Asia and to view current developments there as a mere repetition, if not an imitation, of what occurred in…
The US is better on Palestine, but we're not there yet
US Secretary of State Condoleezza Rice's recent visit to Jerusalem and Ramallah was different from her eight previous trips to Israel and the Palestinian Authority in her current job. This…