ERC sees occupancy rates creeping up
By Reem Abdellatif CAIRO: Egyptian Resorts Company (ERC), a developer of mega communities, is seeing occupancy slowly return after the January 25 Revolution, with a 40-50 percent capacity. “The first couple…
Interior minister terminates service of 669 officers, denies police snipers shot protesters
By Mai Shams El-Din CAIRO: The Ministry of Interior terminated the service of 669 police officers, including those implicated in the killing of peaceful protesters during the Jan. 25 uprising in…
Suez protesters continue sit-in for 10th day, despite vendetta clashes
By Marwa Al-A'asar CAIRO: Suez protesters continued on Wednesday their sit-in in the main El-Arbaein Square for the tenth consecutive day, saying they won’t leave until their demands were entirely met.…
World oil demand to strain supply in 2012: IEA
LONDON: World oil demand growth will accelerate next year, adding to the pressure on available supplies, the International Energy Agency said on Wednesday, contradicting a more conservative outlook from producer…
North Sudan faces economic challenges after split
KHARTOUM: While southern Sudanese are enjoying their first heady days of independence, people in the north, like Khartoum food vendor Mutasem Suleiman, see hard times ahead. When South Sudan split…
Jordan says Egypt to fix gas pipeline in 7-10 days
AMMAN: Jordanian Energy Minister Khalid Tuqan said on Wednesday that Egypt is expected to fix its bombed gas pipeline in the Sinai peninsula within seven to 10 days. "The Egyptian…
Makro opens makeshift Salam outlet, launches export initiative
CAIRO: Makro Egypt began rebuilding its Salam store after receiving final approvals from the government, according to the press statement, and has set up a tent for its wholesale products…
Egypt hosts U10 Tennis Circuit for the first time
CAIRO: Egypt’s U10 Tennis Circuit was held for the first time in Egypt from May 20–June 18 in four different clubs throughout Cairo namely Dokki Shooting Club, Heliopolis Club, Gezira…
Egypt tax revenues increase 16 pct in 2010/11
CAIRO: Egypt’s government collected LE 169.7 billion in taxes for fiscal year 2010/11, a 15.6 percent increase over the previous year, Finance Minister Samir Radwan said Tuesday. Radwan pointed out…
Crowds calling for change again pack Cairo square
By Hamza Hendawi and Maggie Michael / AP CAIRO: The tens of thousands of Egyptians whose chants for faster change are ringing through Cairo's Tahrir Square months after they brought down…