Muslim Brotherhood launches US diplomatic push
By Andrew Quinn / Reuters WASHINGTON: With PowerPoint presentations and political promises, Egypt's influential Muslim Brotherhood made its US diplomatic debut this week hoping to persuade Washington that the Islamist group…
German author Grass says Israel endangers world peace
By Gareth Jones/Reuters Nobel Prize-winning German writer Guenter Grass has described Israel as a threat to world peace and said it must not be allowed to launch military strikes against Iran,…
Yields rise at Egyptian 182-day T-bill auction
By Mohamed Samir / Reuters CAIRO: The average yield on 182-day Egyptian treasury bills inched up at an auction on Thursday and the central bank sold all the bills it was…
Five parties eye Egypt arm of Greece’s Piraeus Bank: sources
By Dinesh Nair and David French / Reuters DUBAI: The sale of the Egyptian arm of Greece's Piraeus Bank, valued at over $200 million, has attracted five potential bidders from the…
Islamic finance pressured to join accounting mainstream
By Anjuli Davies / Reuters LONDON: Rapid growth of Islamic finance is increasing pressure for the industry to enter the accounting mainstream, by seeking guidance from the International Accounting Standards Board…
Political uncertainty plagues Egypt stocks
By Tom Pfeiffer and Nadia Saleem / Reuters CAIRO/DUBAI: Political uncertainty is sapping demand for Egyptian equities and is likely to take the momentum out of any rebound in the coming…
Emirates increases weekly flights to Cairo
By Reem Abdellatif CAIRO: Emirates Airlines increased its flights to Cairo to 13 per week after witnessing a continuous growth in passenger and cargo demand from Egypt to the United Arab…
Egypt denies rocket was fired from Sinai
By Agencies CAIRO/JERUSALEM: Egypt denied in an official statement Thursday that the rocket that slammed into the Israeli Red Sea resort of Eilat was fired from the Sinai Peninsula. Egyptian…
Healing the sick man of South Asia
LAHORE: Pakistan is undergoing three transitions simultaneously. How they unfold matters not only for Pakistan, but also for much of the Muslim world, particularly as the Arab Spring forces change…
Mr Successful and SCAF
CAIRO: Once more the Muslim Brotherhood’s Guidance Bureau has presented Egyptian politics with a black box by fielding their business tycoon Khairat Al Shater in the presidential race. This move…