In Pictures: Breaking the fast
During the long days of Ramadan, as people fast, they make preparations for iftar, the meal with which Muslims around the world break their fasts. Ingredients and desserts are bought…
FIFA reaffirms its role as a pillar of established order
By James M Dorsey A recent visit by world football body FIFA president SeppBlatter to the Middle East spotlighted the group’s role as a pillar of the existing political and…
What happened on 30 June?
I would have liked to answer the question: “where is Egypt going after 30 June?” but I discovered that I have to first explain what happened on 30 June. We…
Miracle in Cairo
By Dr. Cesar Chelala Those who don’t believe in miracles should go to Cairo today. Blocks-long gas lines have disappeared, there are no more power cuts, and police are no…
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended a further $3bn in May by agreeing to buy Egyptian bonds at 3.5% interest.
Op-ed review:
Legitimacy and traffic terror Mamdouh Al-Sheikh Al-Watan Newspaper Columnist Mamdouh Al-Sheikh recalls the traffic mayhem last Friday, when the Muslim Brotherhood protesters took to the streets and blocked several streets…
Rising instability pushes reinsurance companies to raise the price of their political violence policies
Recent spikes in violence may cause such companies to refuse coverage all together to those companies and institutions exposed to high levels of risk.
Prospective government faces daunting energy subsidies reforms
Slashing energy subsidies is one of the requirements set by the International Monetary Fund (IMF)to secure the proposed $4.8bn loan package.
Delays in the World Bank’s water project
The project, whose budget is $300m, aims to construct wastewater treatment plants, collection networks, and decentralised treatment systems.
