T. Rowe Price bullish on Egyptian stocks
CAIRO: An investigation into Ezz Steel's chairman over links to ousted Egyptian President Hosni Mubarak poses little threat of nationalization, said T. Rowe Price's Middle East fund manager, who is…
Egypt eyes Gulf investments to face expected drop in FDI
CAIRO: Foreign direct investment (FDI) inflows to Egypt are expected to drop by over 40 percent this fiscal year, according to Chairman of Egypt’s General Authority for Investment (GAFI) Osama…
Arab revolts lesson to African states: Tanzania minister
DAR ES SALAAM: The political upheaval in Libya and other Arab states should be a lesson to African countries that time has run out for dictatorial regimes, a Tanzanian deputy…
Egypt says Arab identity of Gulf a ‘red line’
CAIRO: Egypt said Wednesday Gulf states' Arab identity is a "red line" after they accused Iran of trying to destabilize Bahrain, while praising a Saudi-led force that quelled pro-democracy protests…
Egypt in talks with Uganda over new Nile treaty
KAMPALA: A 40-member Egyptian delegation held talks with Uganda's president on a new treaty signed by upstream countries for the equitable sharing of the Nile waters, an official said Thursday.…
Prosecutor sequesters funds of former PM Ebeid: agency
CAIRO: Egypt's prosecutor genera; sequestered funds belonging to former Prime Minister Atef Ebeid, MENA said on Wednesday, in line with popular demand for tougher action against figures of the past…
April 6 meets Sharaf, to turn into a political organization
CAIRO: A delegation of the April 6 Youth Movement met Wednesday with Prime Minister Essam Sharaf at the Cabinet headquarters on the movement’s third anniversary. The youth-based movement, which had…
Media conference discusses local channels reform
CAIRO: Reforming local television channels was at the heart of the discussion at the closing of a conference titled "Evaluating and Developing Local Television Channels in Egypt," hosted by the…
Forum discusses bridging the gap in mutual perceptions
CAIRO: More than 150 experts, media managers, journalists and civil society representatives came together at the Arab League headquarters for the forum “A New Era for Arab-West Relations” to discuss…
Fear of Islamists grows as Salafis plan to form new party
CAIRO: Egypt’s Salafis, who have been the center of controversy lately, are slated to establish Al-Nahda, or the Renaissance Party, open for all Egyptians to join, according to Mamdouh Ismail,…