Labor unrest spreads as bus drivers strike
By Maggie Michael/AP CAIRO: Bus drivers and public transport workers in Cairo joined thousands of state employees on strike Thursday in spreading labor unrest that has pumped further strength and…
Mulling the market: To invest or not invest?
By Sarah Daoud CAIRO: “It seems like a better idea to start spending your money at local businesses instead of the stock market right now,” Ahmed Abdelaziz told Daily News…
Canal authority says Suez strikes not disrupting traffic
CAIRO: Traffic through the Suez Canal will not be affected by ongoing strikes in the area and around the country, an official at the authority said. “Traffic through the canal…
3,000 storm Port Said government building
By AFP ISMAILIYA: Protesters stormed a government building in the canal city of Port Said on Wednesday and set fire to office furniture and the governor's car, witnesses told AFP.…
Five dead, 100 wounded in south Egypt clash: official
By AFP CAIRO: At least five people were killed and around 100 wounded in two days of clashes between police and demonstrators in a town in southern Egypt's New Valley…
Assiut protesters block railway line, motorway
By AFP CAIRO: Anti-government protesters in the Egyptian city of Assiut on Wednesday blocked a railway line and burned tires to cut off a vital motorway linking north and south…
Constitution panel to propose six amendments
By AFP CAIRO: An Egyptian panel, formed by President Hosni Mubarak to pilot constitutional changes in the face of unprecedented protests, agreed on Wednesday to propose six amendments, the state…
Egypt pound weaker second day after central bank intervention
CAIRO: Egypt's currency edged weaker on Thursday, but many banks were holding back from large dollar purchases after Tuesday's intervention from the central bank, dealers said. "Trade is very slow,"…
PHD assets intact, resumes operations
CAIRO: Palm Hills Developments confirmed that all of its assets are intact and the company has resumed operation, according to a news release. The company’s management has confirmed that,…
PHD assets intact, resumes operations
CAIRO: Palm Hills Developments confirmed that all of its assets are intact and the company has resumed operation, according to a news release. The company’s management has confirmed that, to…