Climate change floods developing countries with challenges
Children on one of southern Africa's mightiest rivers are playing the Limpopo board game, literally for their lives. Piloted in places like Zimbabwe s Matabeleland and Mozambique s Gaza Province,…
Sensible ideas on why to engage Iran
You know you're in the heartland of the global energy world when the front page of the local newspaper carries daily oil and gas prices. I have had the good…
Mubarak in Libya for talks with Kadhafi
CAIRO: Egyptian President Hosni Mubarak traveled to Libya on Monday for talks with Libyan leader Moamer Kadhafi, official media said. During a visit that was only to last a few…
Egypt's benefit from Arab GDP hike minimal, says expert
Government looks to industrial contribution to GDP for future growthCAIRO: Egypt is less likely to reap the benefits of the latest increase in total Arab gross domestic product, says economist…
EFG adjusts cement valuations on costs
CAIRO - Investment bank and equities researcher EFG-Hermes has raised its long-term fair value estimates for three Egyptian cement companies because of their exposure to a more favorable export market.But…
Amlak Finance to offer first Islamic mortgage loans in the Egyptian market
NoozzAfter nearly four years of bargaining between the United Arab Emirates' Amlak Finance Company and the Egyptian Mortgage Finance Authority, the company has decided to launch an operation in Egypt.The…
AMOC bidders seek feedstock details-minister
CAIRO: Potential buyers have asked Egypt s government for more details on supply of raw materials before they commit to buy 50 percent of Alexandria Mineral Oils Company (AMOC), a…
Orascom Telecom looks to control Hong Kong's Hutchison
Subsidiary Mobinil enters 3G negotiations with NTRASINGAPORE: Orascom Telecom (OT) Chairman Naguib Sawiris said Monday the company is looking to buy a controlling stake in Hong Kong s Hutchison Whampoa…
US civil rights lawyer to be sentenced for aiding Egyptian sheikh convicted in terror plot
Associated PressNEW YORK: A judge is to decide Monday whether to send a civil rights lawyer to prison for what could be the rest of her life for allegedly allowing…