Beltone chairman to sell stake: Egypt bourse
CAIRO: The chairman of Beltone Financial is to sell his 20 percent stake in the Egyptian investment bank to Arabiyya Lel Estithmaraat (AIC), the stock exchange said on Wednesday. Egyptian…
Expanding access to credit will help business across the region
A well developed financial sector, in which businesses can obtain working capital and long-term financing, improves productivity in the real economy and is crucial for helping the private sector drive…
Military ruler warns of ‘grave dangers’
CAIRO: Egypt is facing unprecedented "grave dangers" but its military will protect it, military ruler Field Marshal Hussein Tantawi said in remarks published on Wednesday which appeared aimed at rallying…
Egypt open to trade talks with US: trade minister
WASHINGTON: Egypt's trade minister on Tuesday courted badly needed US investment with a promise Cairo would maintain open markets, and said the Egyptian government was open to pursuing free…
Alexandria police says attempts to smuggle fuel outside Egypt thwarted
CAIRO: Police officers thwarted attempts to smuggle fuel outside Egypt as well as sell it in the black market, the Alexandria Security Directorate said Tuesday, as part of efforts to…
Kuwait to deport stateless protesters, say reports
KUWAIT CITY: Kuwait has decided to deport stateless people who took part in protests demanding citizenship which turned violent, newspapers reported on Tuesday. The decision was taken at a meeting…
Attackers kill 51 in South Sudan clashes: governor
JUBA: Gunmen killed at least 51 people in the latest ethnic clashes in South Sudan's troubled Jonglei state, the region's governor said Tuesday. "The whole night (Monday) they burned the…
Music and dance in celebration of India’s Tagore
A body of work that inspires generations of artists in various fields and continues to provide enjoyment to millions of people, more than seven decades after his death, is the…
Iranians proud over US award win for ‘A Separation’
Iranians reacted with pride on Monday after an Iranian film, "A Separation," won a major US prize — a triumph on the international stage that, for a moment, eclipsed geopolitical…
Tahrir and parliament must cooperate, AUC academics say
CAIRO: Cooperation between the parliament and Tahrir revolutionaries is a must to end the troubled transitional period Egypt is undergoing since toppling the country's strongman Hosni Mubarak, a group of…