Egypt trims 3- and 5-yr bond sale as yields climb
CAIRO: Egypt's central bank sold half the number of reopened three- and five-year bonds that it offered at an auction on Monday, and the yield ranges on the instruments crept…
The brain drain panic returns
By Jagdish Bhagwati NEW YORK: While developed countries are angst-ridden over mostly illegal immigration by unskilled workers from developing countries, a different set of concerns has surfaced in Africa, in particular,…
Egypt: Facing economic challenges
By Oxford Business Group CAIRO: The New Year sees a very different Egypt from the one that welcomed the opening of 2011, being in the process of instituting multi-party democracy, while…
Peeling, meeting, and shopping
By Esther Dyson NEW YORK: In mid-December, while trying to understand what was happening in Russia, I checked Twitter and found a tweet that somehow signified everything. It was from a…
Egypt’s stock market surge unreflective of overall economy
CAIRO: Witnessing a 25 percent rise since the start of the year, Egypt’s benchmark EGX 30 index has surged surprisingly in January, despite ongoing political uncertainty and economic turmoil. The…
Military considers speeding up transition
CAIRO: Egypt's military rulers are considering ways to speed up the transition to civilian rule, including moving up the date for presidential elections, a spokesman for a civilian body…
A year later, Egyptian neighborhood awaits justice
CAIRO: A year later, the neighbors still speak of those killed the night they attacked the police station: The young man shot in the neck while carrying off his wounded…
Mabrouk, ya Masr?
By Maria Golia I used to live in Bab El Louq and loved every dilapidated inch of it. Birds filled the mango tree outside my window, chattering like mad and occasionally,…
Funding art with food
By Maurice Chammah Wednesday Wagbas, a new initiative at the Townhouse Gallery, is aiming to give funding to artists for new projects at a time of increasing uncertainty in the Egyptian…
Troops seize Damascus suburbs back from rebels
AMMAN: Troops seized eastern suburbs of Damascus from rebels late on Sunday, opposition activists said, after two days of fighting only a few kilometers from the centre of power of…