For squash's sake
Egyptian squash players fare well internationally, but where are the rewards?CAIRO: Egyptian squash has never seen a year quite like this one. In April, Amr Shabana became the world's number…
Gulf group offers to take over Egyptian bank
Consortium looks to acquire Delta International BankReutersCAIRO: Bahrain s Ahli United Bank and four other Gulf companies have offered to buy Delta International Bank for LE 1.85 billion ($322 million).The…
Electronic payment remains modest despite growth in credit cards
Visa executive says credit bureau crucial component of promoting alternatives to cash CAIRO: Every so often one bank announces that its number of credit cards has reached a record high…
MB leader says ready to send fighters to Lebanon
CAIRO: The leader of the Muslim Brotherhood said Thursday he was ready to send 10,000 fighters to Lebanon to combat Israel alongside Hezbollah. I am ready to send immediately 10,000…
Muslim nations warn of potential surge in radicalism
PUTRAJAYA, Malaysia: The Islamic world s biggest bloc on Thursday demanded an immediate cease-fire between Israel and Hezbollah, as Iran s hard-line president called for the obliteration of the Jewish…
Imprisoned politician Nour to have heart stents
CAIRO: Imprisoned opposition politician Ayman Nour is scheduled to go into hospital on Saturday to have stents inserted in his arteries, his wife said on Thursday. It will take them…
Legislating the Brotherhood out of existence
Group claims that recent government legislation is directed at obliterating themCAIRO: After winning 88 seats in the 2005 parliamentary elections, the Muslim Brotherhood has become the single largest opposition bloc…
Stance towards international community in question
Many critical of Egypt's position, but few solutions suggestedCAIRO: The Israeli-Hezbollah conflict continues to dominate the news and consequently editorials. Articles are covering numerous angles. These are from critics of…
Companies will be able to make a graceful exit
GAFI ready to announce amendments to the currently complex bankruptcy proceduresCAIRO: As part of the national financial banking reform program undertaken by the Egyptian government with the help of the…
Building a better future
Plan to boost construction exports to $7.5 bn by 2008CAIRO: The government is poised to provide more support to the construction and building industry to increase the industry's annual turnover…