Al-Wafd most powerful party, Al-Badawy tells British delegation
CAIRO: Head of Al-Wafd Party Al-Sayed Al-Badawy told a delegation of representatives of British parties Sunday that Al-Wafd is currently the biggest political party in Egypt and is only rivaled…
Prime Minister, Grand Mufti highlight importance of spreading moderate ideology
CAIRO: In a meeting with Prime Minister Essam Sharaf on Sunday, Egypt’s Grand Mufti Ali Gomaa said that Dar Al-Iftaa is keen on spreading a moderate religious ideology in Egypt…
Qatar to nominate diplomat for Arab League chief
CAIRO: Qatar plans to propose one of its top diplomats to the post of Arab League secretary-general to replace outgoing Egyptian Amr Moussa. Moussa, whose tenure ends May 15, plans…
Sawiris launches new Free Egyptians Party
CAIRO: Business tycoon Naguib Sawiris announced Sunday the establishment of the "Free Egyptians Party" as a new liberal party that promotes the principles of a civil state and where youth…
Egypt-bound plane makes emergency landing in Athens after bomb threat
ATHENS: A British airliner traveling from Britain to the Egyptian resort of Sharm El-Sheikh made an emergency landing at Athens airport on Monday after receiving a bomb threat. All 213…
Minister says no ‘fiscal space’ to increase spending on needy sectors, but ‘not impossible’
CAIRO: Minister of Finance Samir Radwan said that there is no “fiscal space” to increase the expenditure on the education and health sectors, during a press conference on Monday. Titled…
Army freezes assets of three former Mubarak aides
CAIRO: Egypt's army rulers froze assets belonging to three former aides of deposed President Hosni Mubarak, meeting a demand of reformers seeking tough action against figures of the past administration.…
OHC maintains construction and delivery dates for new phase ‘Haram Life’
CAIRO: Building on the success of their flagship project in Egypt “Haram City,” Orascom Housing Communities maintains its scheduled progress of the newest phase “Haram Life.” The new phase…
Egypt sees deficit of 9.5 pct of GDP in 2011/12
CAIRO: Egypt's finance minister said on Monday he expected Egypt's budget deficit to rise to 9.5 percent of gross domestic project (GDP) in the financial year that begins next July,…
Egypt cbank to offer 6 bln EGP in repos Tuesday
CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.0 billion) in repurchase agreements in the money market on Tuesday at a fixed rate of 9.25 percent. The…