Financials lead Egypt’s index higher
CAIRO: Banks led Egypt's main index higher, with pledges of financial support from foreign states outweighing caution ahead of a planned protest in central Cairo's Tahrir Square this Friday. Traders…
What are your credit losses? The changing regulations
By Donald MacDonald Having been a relatively stable or improving measure of company performance during the “good times,” the approaches used to measure impairment for credit losses are firmly in the…
Corporate governance key to MENA’s economic future
As the political landscapes of Egypt and the Middle East and North Africa region evolve, corporate governance — the way companies direct and control their businesses — will be important…
Investment funds ‘safest’ bet, says HC
CAIRO: HC Investments and Securities will manage the Misr Al-Mostaqbal investment fund, an idea that stemmed from calls by young Egyptians to support the stock market after its almost two-month…
Steve Earle grapples with mortality in CD, novel
It wasn't part of any master plan that Steve Earle released a CD and his debut novel virtually simultaneously and with the same titles, "I'll Never Get out of This…
Egyptian stories take spotlight at independent film fest
A short walk from Tahrir Square lays the quaint open-air courtyard of the Goethe Institute, the site of Cairo’s annual Independent Film Festival. The theme of this year’s festival was…
Appeals court orders Ayman Nour retrial
By Essam Fadl CAIRO: The Appeals Court granted opposition leader Ayman Nour a retrial in the case of fabricating Al-Ghad Party’s founders’ powers of attorney, for which he was convicted to…
Too many cooks spoil the brouhaha
By Philip Whitfield Elvis crooned: Wise men say only fools rush in …some things are meant to be. Are we to believe that villainy preordained Egypt’s crepuscule, a dark place? Or…
Unemployment rises to 11.9 percent
CAIRO: Egypt's unemployment rate has risen to 11.9 percent in the first quarter of 2011, the head of the national census bureau said on Wednesday, blaming the rise on an…
Egypt mobile phone Feb. subscriptions up 29 pct
CAIRO: The number of mobile phone subscriptions in Egypt grew 29 percent from a year earlier to 72.94 million as of February, government figures showed on Wednesday. Mobile phone subscription…