Chinese workers freed after Cairo kidnapping: embassy
By AFP CAIRO: Two Chinese workers, kidnapped for ransom in Cairo on Thursday in a sign of growing insecurity a year after the ouster of Hosni Mubarak, were released after…
Dortmund wary of returning Mainz striker Zidan
By Ciaran Fahey / AP BERLIN: Mohamed Zidan has been in good scoring form since leaving Borussia Dortmund, and the Bundesliga leader will hope it doesn't continue when he visits with…
TUB aims to excel in science, engineering
By Mennatallah Fouad Youssef CAIRO: In a bid to offer solutions to Egypt’s challenges, a new German university in El-Gouna will open its doors this year with three specialized Master’s programs…
Solution to wage crisis key to ending corruption, says poll
By Safaa Abdoun CAIRO: Finding a solution to the wage crisis in Egypt is the best means to combat corruption, stated opinion leaders in the country, according to a recent poll.…
Qtel to go for growth in Middle East and Asia
By Leila Abboud and Kate Holton / Reuters BARCELONA: Qatar Telecom is keen to expand via acquisitions while also growing organically in countries like Tunisia, Algeria, and Iraq where its…
Yield edges down at Egypt T-bill auction
By Reuters CAIRO: The average yield on 182-day and 364-day Egyptian treasury bills inched down at an auction on Thursday and the central bank sold all the bills it was…
Egypt mobile phone subscriptions up 18 pct in 2011
By Mohamed Samir / Reuters CAIRO: The number of mobile phone subscriptions in Egypt rose 18 percent to 83.43 million last year, shrugging off an economic crisis sparked by the overthrow…
America’s Islamic blind spots
By Naomi Wolf NEW YORK: In the wake of the Quran-burning by troops at the United States’ Bagram Air Base in Afghanistan, protests continue to escalate, and the death toll mounts.…
EMPH acquires ACET Processing
CAIRO: Emerging Markets Payments Holdings (EMPH), a leading third-party payments processor and merchant acquirer in Africa and the Middle East, has announced the 100 percent acquisition of ACET Processing.…
China’s growing growth risks
By Yao Yang BEIJING: If everything goes right for China, it will surpass the United States as the world’s largest economy, in current dollar terms (and more quickly in real terms),…