Army to facilitate transport of goods during curfew: report
CAIRO: Egypt’s Minister of Defense approved a trade ministry proposal to allow the union of chambers of commerce to issue permits for the transport of goods during the imposed curfew,…
Mubarak forms reform committees, constitution reform panel named
By Hamza Hendawi and Maggie Michael /AP CAIRO: In its latest effort to defuse public anger amid mass protests, embattled President Hosni Mubarak's regime set up a committee Tuesday to…
Mubarak may go to Germany for ‘medical visit’: report
By AFP BERLIN: German magazine Der Spiegel reported Monday that preparations were underway for embattled Egyptian President Hosni Mubarak to possibly visit Germany for an "extended medical check-up." Rumors that…
Egypt could crush uprising ‘like Iran’: Netanyahu
By AFP JERUSALEM: Egypt could ruthlessly suppress the uprising against President Hosni Mubarak like Iran crushed mass protests after a disputed June 2009 election, Israeli Prime Minister Benjamin Netanyahu warned.…
Aramex resumes Egypt operations
CAIRO: Logistics and transportation solutions provider Aramex said its Egypt operations have fully resumed following a temporary suspension due to the ongoing nationwide mass protests, according to a statement. Aramex's…
Al Masah fund eyeing Egypt stocks post turmoil
DUBAI: Alternative asset manager Al Masah Capital Management may invest in Egyptian stocks once political unrest there has stabilized as the recent sell-off has made valuations attractive, its fund manager…
Egypt 5-yr CDS edge up, other M.East CDS fall-Markit
LONDON: The cost of insuring Egyptian debt against default edged up on Tuesday but other Middle Eastern debt insurance costs fell sharply, as tensions in the region eased. Protesters in…
Egypt vice president had good ties with Israel: cable
By AFP LONDON: Egyptian Vice President Omar Suleiman had good ties with Israel's military and the Jewish state would have been happy to see him lead the country, US diplomatic…
Telenor seeks injunction in Vimpelcom-Wind deal
OSLO: Telenor stepped up its fight against Vimpelcom by seeking an injunction to force the Russian telecom to issue shares to the Norwegian telecom if a cash-and-shares deal for Wind…
Thomas Cook sees £20 mln hit from Egypt, Tunisia
LONDON: Thomas Cook said it expected the unrest in Egypt and Tunisia to wipe around £20 million ($32 million) off its second quarter profits with holidaymakers being advised to stay…