Arab Spring leaders recognized as ‘top global thinkers’
WASHINGTON: Foreign Policy magazine named 14 "brave" individuals who helped bring the pro-democracy Arab Spring movements to the Middle East and North Africa as the top global thinkers of 2011.…
Google launches platforms to support Egypt’s elections
CAIRO: In line with Google’s mission to organize the world’s information and make it universally accessible and useful, the company unveiled its plans to help empower Egyptians with information during…
Copts keen on voting in first post-Mubarak elections
CAIRO: Egypt’s Coptic community is eager to participate in the first post-Mubarak parliamentary elections amid repeated calls by Pope Shenouda to vote. While some claim their votes are aimed at…
Army sees vote turnout exceeding 70 pct
CAIRO: A member of Egypt's ruling military council said on Tuesday that he expected turnout in the first stage of a parliamentary election to exceed 70 percent. Egypt's first parliamentary…
Source gold ETP finds eager Europe, Mideast takers
LONDON: The euro zone crisis has driven investment in gold-backed exchange-traded assets so high that newcomer Source now owns the world's sixth largest physically-backed gold product and sees no need…
Commentary: Egypt fosters false economic expectations
By Una Galani/Reuters Breakingviews DUBAI: Egypt is fostering false economic expectations. In the post-Mubarak era, the moderate Muslim Brotherhood movement's call for "social justice" is now popular with almost every political…
Piraeus says StanChart ends talks to buy Egypt arm
CAIRO: Standard Chartered has ended talks to acquire the Egyptian unit of Greece's Piraeus Bank because of a worsening economic climate, Piraeus said on Monday. Egypt's crisis-hit economy suffered a…
Morgan Stanley resumes Middle East gasoline trading operations
SINGAPORE: Wall Street bank Morgan Stanley has resumed gasoline trading operations in the Middle East after a gap of about 12 months, with the recent lease of 380,000 barrels of…
Egypt to offer reopened bonds 2nd time in a week
CAIRO: Egypt's Finance Ministry will offer LE 5 billion ($832.78 million) in reopened three- and five-year bonds at an auction on Dec. 5, its second such sale in a week,…
Egypt pound falls to weakest in almost 7 years
CAIRO: The Egyptian pound was bid as weak as 6.0036 to the US dollar on Tuesday, its lowest in almost seven years, as the country's deepening funding crisis overshadowed a…