Military head of ERTU denies interference in editorial policy
By Tamim Elyan CAIRO: General Tarek Al-Mahdy, acting head of the Egyptian Radio and Television Union's board of trustees (ERTU) and member of the Supreme Council of the Armed Forces (SCAF),…
Conservatives and Renaissance parties coalesce
By Reem Abdellatif CAIRO: political parties Al-Muhafzeen (Conservatives) and Al-Nahda (Renaissance) announced on Wednesday they will unify in order to “strengthen and enhance” their chances in the elections. Mostafa Abdel-Aziz, former…
Egypt’s antiquities minister cleared in appeal
By AP CAIRO: An appeals court cleared Egypt's antiquities minister on Wednesday of failing to implement a court order, sparing the international face of Egyptian archaeology from a year in…
ElBaradei to appear on state TV after canceled interview
By Mai Shams El-Din CAIRO: Presidential hopeful Mohamed ElBaradei said he will appear on State TV’s Channel Two on Thursday with Islamic preacher Amr Khaled after his appearance on Wednesday was…
Islamic Development Bank to loan Egypt $2.5 billion
CAIRO: The Islamic Development Bank said on Wednesday it will grant Egypt a $2.5 billion loan to finance infrastructure projects and as insurance for imports and exports. The three year…
Converts demand religion on ID cards be corrected as per court order
By Essam Fadl CAIRO: Six Christians who converted to Islam and then back to Christianity filed a complaint to the Prosecutor General against the interior minister and his assistant, the head…
Copt stripped of citizenship files int’l complaint against Egypt
By Marwa Al-A'asar CAIRO: Coptic lawyer Morris Sadek filed a complaint earlier this week before a UN body against the Egyptian government for stripping him of his nationality on charges of…
Real estate drags Egypt’s index down, regional markets mixed
DUBAI/CAIRO: Real estate stocks dragged Egypt’s main index down 0.9 percent after a newspaper reported a new lawsuit to scrap a land sale to Saudi billionaire Prince Alwaleed bin Talal,…
Egypt analysts question timing of short selling, trading tools
CAIRO: With the Egyptian Stock Exchange planning to introduce short selling and other trading tools to the market, some experts welcomed the idea while others seem somewhat skeptical. “Short selling…
Saudi, US debated oil reserve swap before OPEC: sources
WASHINGTON/LONDON: It was to be a swap felt around the world — a plan privately discussed by the world's largest oil exporter and the globe's biggest consumer to take the…