Black Sea billet stable, Mideast absence weighs
LONDON: Black Sea region billet prices were little changed this week as political unrest in the Middle East and North Africa kept demand low from key buyers while data showed…
Rocco Forte Hotels to renovate, manage Luxor property
CAIRO: Rocco Forte Hotels will help refurbish and then operate the Luxor Hotel in Egypt as a luxury hotel starting 2013, according to a statement. The hotel is owned by…
S. Africa’s Rob Davies on the importance of BRIC
CAIRO: South Africa joined the BRIC summit in China in April as an ambassador for the entire continent. “The invitation recognizes that there is a steady and unmistakable convergence in…
Egypt detains ex-energy minister over Israel gas deal
By Dina Zayed/Reuters CAIRO: Egypt's public prosecutor on Thursday ordered former energy minister Sameh Fahmy and five other senior energy officials detained for questioning into a natural gas deal with Israel…
Egypt reduces jail terms in Van Gogh theft case
CAIRO: Five of the 11 Egyptians held in the theft of a Van Gogh painting saw their jail terms reduced Thursday, while six others have been acquitted, a judicial source…
Egypt tells Ethiopia it will negotiate over Nile
ADDIS ABABA: Egypt's ambassador to Ethiopia said Thursday that his government is willing to negotiate disputed Nile River issues with Ethiopia, including a colonial-era treaty that gives Egypt a majority…
Libya rebel capital pays homage to slain photographers
BENGHAZI: Mourners in the Libyan rebel capital of Benghazi paid homage overnight to Tim Hetherington and Chris Hondros, two award-winning war photographers killed in the besieged western city of Misrata.…
Three Palestinians wounded in Gaza blast
GAZA CITY: A blast in a Gaza Strip factory on Friday wounded three Palestinians, medical officials said. The blast occurred in a factory east of Gaza City and three workers…
Jordan detains 136 on ‘terror’ charges
AMMAN: Jordan has detained 136 people on "terrorism" charges a week after scores were hurt when Islamist Salafist protesters clashed with police in the northern city of Zarqa, a police…
Mubarak detained for further 15 days: MENA
CAIRO: Egypt's state prosecutor has renewed the detention of ousted leader Hosni Mubarak for another 15 days amid a probe into a deadly crackdown on protesters and corruption, MENA news…