Another star is born in the East
By Chitra Kalyani What was Om Kolthoum like when she was young? If Nai Barghouti has already evoked a comparison with the Egyptian legend, one wonders where the 14-year-old will be…
Ezz Dekheila sets annual dividend at LE 35
CAIRO: Shareholders of Ezz Dekheila Steel, a unit of Egypt's Ezz Steel, approved a dividend of LE 35 per share from 2010 profits at their annual meeting on Saturday, the…
Abraaj buys Amundi’s N. African PE business
DUBAI: Dubai's Abraaj Capital acquired the North African private equity operations of French asset manager Amundi, it said on Sunday, aiming to beef up its presence in the fast-growing region.…
Jordan, Egypt to sign natural gas deal
AMMAN: Jordan's energy czar says his country will sign an agreement with Egypt next month to resume natural gas supplies. Energy Minister Khaled Toukan says several attacks this year on…
EgyptAir resumes Baghdad flights after 21-year break
CAIRO: National carrier EgyptAir on Saturday resumed direct flights to Iraq after a break of 21 years, the airline's chairman Hussein Massoud told AFP. "The first Cairo-Baghdad flight left today…
Egypt court gives Orascom Devt chairman jail term
CAIRO: An Egyptian court sentenced the executive chairman of real estate and hotels firm Orascom Development to two years in jail for manipulating the firm's stock price and providing incorrect…
Egypt mulls reducing energy subsidies
CAIRO: Egypt is currently studying the possibility of reducing energy subsidies to the industrial sector, Trade and Industry Minister Mahmoud Eisa said in a statement. The move would reduce subsidies…
Jordan, Egypt to sign natural gas deal
AMMAN, Jordan: Jordan's energy czar says his country will sign an agreement with Egypt next month to resume natural gas supplies. Energy Minister Khaled Toukan says several attacks this year…
The fate of the Assad dynasty
By Nizar Abdel-Kader As the rule of Colonel Muammar Qaddafi appears to be reaching its end after rebel forces took over his Tripoli stronghold, it is legitimate to wonder about the…
More war or jaw-jaw?
By Philip Whitfield CAIRO: Is Libya murderous mayhem or a just war? Is mass death justified? When do the ends violate the moral principles of the means? What are the consequences…