Euro-Med alliances call for fast action on economic recovery
ALEXANDRIA: “It’s time for us to walk the talk,” said Ahmed El-Wakil, head of the Alexandria Chamber of Commerce on Wednesday at the Euro-Mediterranean Trade and Investment Summit held in…
Euro-Med alliances plan to boost SME development
ALEXANDRIA: MedAlliance networks announced an intensive action plan that aims to give the Mediterranean region’s small and medium enterprises (SMEs) the sustainability and support they need. Among the key points…
GE wins $300 mln electricity contracts in Egypt
CAIRO: GE will supply six gas turbines and associated services to the Egyptian Electricity Holding Company, contracts which are worth $300 million in total, according to a statement. The contracts…
Egypt’s EGPC offers 15 blocks in latest bid round
CAIRO: State-owned Egyptian General Petroleum Corporation (EGPC) said it was offering 15 blocks in its 2011 oil and gas bid round. The blocks are located in the Gulf of Suez,…
TUI Travel sees Egypt, Tunisia recovery taking time
LONDON: TUI Travel is on track to meet full-year profit expectations due to strong late summer bookings although Europe's biggest tour operator has yet to see a revival in demand…
Egyptian stocks slip as OT, world shares fall
CAIRO: Egypt's benchmark ended down 2.2 percent, led lower by Orascom Telecom (OT) which extended losses after a report about the valuation of its Algerian unit was denied. Tumbling global…
Do not veto
By Alon Ben-Meir American, Israeli and Palestinian officials today are frantically grappling with the various pros and cons concerning the Palestinian Authority's (PA) plans to seek recognition from the United Nations…
Taxi to nowhere: Meter running on America’s ME policy
By David Faris Temperatures may be falling across the Middle East as the long, hot summer finally recedes into fall, but the political heat is rising. Arab publics are using their…
From the perpetual foreigner to the quintessential American
By Min Zhou LOS ANGELES, California: This July, former Secretary of Commerce Gary Locke became the first Chinese American to be appointed US Ambassador to China, after having been nominated by…
Why Europe should vote ‘yes’ for Palestine
By Anno Bunnik This Friday, 193 UN member states will get the chance to vote for the accession of a new member to the United Nations: Palestine. Looking at the map…