Israel arrests Palestinians over settler slaying
AWARTA: Israel has arrested two main Palestinian suspects in connection with the grisly murder of a young settler family, Israeli security officials said on Sunday. The announcement was the first…
Libya rebels launch raids in west, targeted in east
MISRATA: Libyan rebels said they mounted successful raids on Moammar Qaddafi's troops in the besieged western city of Misrata as loyalist forces pounded them Sunday in the eastern town of…
Syrians protest despite Assad’s promises of reform
BEIRUT: Hundreds of people chanting "God, Syria, Freedom!" took to the streets Sunday in southern Syria but security forces beat them back with batons, one day after President Bashar Assad…
Egypt’s EFG-Hermes board member Cararah resigns
CAIRO: Egypt's EFG-Hermes board member and head of brokerage Sherif Cararah has resigned, Chief Executive Yasser el Mallawany said on Sunday. Mallawany said the resignation would help to reduce costs…
Egypt stock index drops over 3 percent
CAIRO: Egypt's benchmark stock index plunged by more than 3 percent on Sunday, in a decline brokers attributed to the decision to ban the chairman of a major Mideast private…
Egypt’s Citadel plunges 10 pct after travel ban
CAIRO: Egypt's Citadel Capital stock plunged 10 percent on Sunday after the public prosecutor ordered that its chairman, Ahmed Heikal, be banned from travel pending a probe of corruption allegations.…
Egyptian Resorts removes Mubarak associate from board
CAIRO: Egyptian Resorts removed Ibrahim Kamel, a senior member of ousted President Hosni Mubarak's party now under detention, from its board, the company said on Sunday, without citing a reason.…
Egyptian Google exec urges investments for Egypt
WASHINGTON: The Google Inc. executive who helped spark the Egyptian revolt invited Americans to visit Egypt and urged the world Friday to invest there to ensure the country's economic success.…
Kuwait launches firm to invest in Egypt economy
KUWAIT: The Kuwait Investment Authority (KIA), the Gulf Arab state's sovereign fund, has launched a company with 1 billion Egyptian pounds ($167.8 million) to invest in Egypt's economy, an official…
Property market faces volatile year, experts say
CAIRO: Egypt’s real estate market is looking at a slump in 2011, despite a high demand among the middle class. As a result of the recent 18-day popular uprising that…