Arab protests show hunger threat to world: economist
DAKAR: Uprisings across the Arab world are just a foretaste of the instability facing other poor states unless a global food crisis is tackled, leading development economist Jeffrey Sachs said…
Egypt sugar stocks can last until October
CAIRO: Egypt's state-owned Sugar and Integrated Industries Company (SIIC) has sugar stocks to last until October, Hussein Mohamed, the firm's purchasing manager said. "There is no impact from the recent…
Egypt cbank lengthens transfers clearing to 5 days
CAIRO: Egypt's central bank has lengthened the clearance period for large transfers of funds abroad to five days from the previous two, bankers said on Sunday. One trader in a…
Mobinil says Q4 profit down on competition
CAIRO: Egyptian mobile phone firm Mobinil said on Sunday its net income fell about 38 percent in the fourth quarter of 2010, hit after fierce competition forced it to keep…
Egypt markets may be boosted by optimism: analysts
CAIRO: Egyptian stocks may be boosted by optimism following the downfall of Hosni Mubarak when markets reopen, but confidence is unlikely to be fully restored until political stability is achieved.…
Textile workers suspend strike
By AFP CAIRO: Workers at Egypt's largest factory have suspended a strike in support of the revolt that toppled strongman Hosni Mubarak but will continue to press for higher wages,…
Military vows democracy after Mubarak’s fall
By Joseph Krauss /AFP CAIRO: Egypt's new military leadership vowed Saturday to pave the way for democracy and abide by its peace treaty with Israel, as Egyptians basked in their…
18 items missing from Egyptian Museum after unrest heed
By AP CAIRO: Egypt's antiquities chief says a full inventory of the Egyptian Museum has found that looters escaped with several items during the anti-government unrest, including two gilded wooden…
Egypt’s day of glory
By Alon Ben-Meir Egypt’s day of glory can be sustained only if the revolutionaries, the opposition figures and the establishment work together while realizing that they are shaping Egypt's destiny. I want…
Mubarak: A cautionary tale
By Rania Al Malky Yesterday morning I wrote an editorial titled “Egypt: A Deadlock”, but by 6 pm, everything changed. In a minute long televised statement, Vice President Omar Suleiman announced…