Egyptian rights activist honored by HRW
CAIRO: Egyptian human rights activist Hossam Bahgat will be one of seven advocates honored in November 2011 by Human Rights Watch (HRW), with the Alison Des Forges Award for…
Alternative media grows, restructures industry
CAIRO: A common feeling of resentment towards the coverage of the revolution in both state-owned and private media has led young activists to launch their alternative media outlets using social…
Ex-agriculture minister charged with misappropriation
CAIRO: Egyptian state investigators accused a former agriculture minister and a businessman with illegally confiscating land, state media reported on Thursday. "Former Agriculture Minister Amin Abaza and businessman Amr Mansi…
British PM unveils anti-riot measures
LONDON: British Prime Minister David Cameron unveiled Thursday new measures to end the worst riots in decades, and admitted he had considered ordering the army to quell the violence. As…
Gold prices surge in Egypt as investors seek safe haven
CAIRO: In a period of uncertainty in the global economy, the price of gold, traditionally seen as a safe haven for investors, has surged in Egypt, jumping LE 30 per…
BofA talks to Gulf funds to cut $17 bln CCB stake: sources
HONG KONG/DUBAI: Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its $17 billion stake in China Construction…
Egypt reduces size of T-bill sale: ministry
CAIRO: Egypt's Ministry of Finance said the central bank sold LE 3.325 billion ($558 million) in domestic treasury bills on Thursday, less than the LE 4.5 billion it had asked…
My cloud based life: Business at the sharp end of the cloud
It is incredible how connected our lives are today. Increasingly sophisticated wireless devices are becoming common every day tools, leading us to expect — and as business people be…
IPLMedia supports Zewail’s City of Science
CAIRO: In support of Nobel laureate Ahmed Zewail’s City of Science and Technology, IPLMedia decided to dedicate 5 percent of its revenue to the project starting July. The project, which…
Islamists reject Cabinet promises of supra-constitutional principles
CAIRO: A number of Islamist powers rejected statements by Prime Minister Essam Sharaf and his deputy Ali Al-Selmy about the issuance of supra-constitutional principles. The Islamists groups said this would…
