Abraaj in talks to buy stake in Citadel : source
CAIRO: Dubai-based Abraaj Capital has held talks with Egypt's Citadel Capital with a view to possibly buying a stake in the rival private equity firm, a source familiar with the…
ICT minister highlights sector’s potential to US delegation
CAIRO: A delegation of US business executives in Egypt comprises 24 of the largest companies in the US, including GE, Coke, Apache, Exxon, PepsiCO and Boeing, said Hisham Fehmy, the…
Minister says Egypt looking for business partners more than aid
CAIRO: Egypt’s General Authority for Investment (GAFI), along with the Ministry of International Cooperation, reached out to the US-Egypt Business Council (UEBC) by vowing to facilitate future business and investments.…
Toshka: A new deal for Egypt
By Amira Salah-Ahmed CAIRO: Kingdom Agricultural Development Holding (KADCO), part of Saudi Prince Alwaleed bin Talal’s Kingdom Holding Co, will invest LE 500 million to further develop Egypt’s Toshka project, the…
PM reopens Imbaba church after renovation
By Heba Fahmy CAIRO: Dozens of Muslims and Copts chanted slogans of national unity as Prime Minister Essam Sharaf reopened the Virgin Church in Cairo’s Imbaba district on Tuesday after its…
Arab museum launches online exhibit on stereotypes
DEARBORN: The Arab American National Museum officially launched an online exhibit Tuesday that aims to explore — and overcome — Arab stereotypes that have influenced popular culture for more than…
Official denies resumption of gas export to Israel, Jordan
AL-ARISH: Senior security official denied media reports about the resumption of gas exports to Israel and Jordan, saying the destroyed pipeline and station haven’t been repaired yet. The North Sinai…
Experts debate how to tackle world hunger
By Judi Rever / AFP MONTREAL: Experts clashed here Tuesday over how to respond to a global food crisis that has sparked riots, toppled governments and threatened the lives of millions.…
US military chief reaffirms support for Egypt army, evades question on military trials
CAIRO: The US Chairman of the Joint Chiefs of Staff Admiral Mike Mullen held talks with his Egyptian counterpart Tuesday and Wednesday, and reaffirmed his country’s continued support for both…
Panel discusses US aid, Tahrir protests and religion-based parties
By Mai Shams El-Din CAIRO: US aid to Egypt, licensing religious parties, supporting Tahrir protests and Egyptians voting abroad were the core issues discussed in a forum titled "Egypt from Tahrir…