Starry starry starry night: Star count may triple
By Seth Borenstein/ AP WASHINGTON – The universe may glitter with far more stars than even Carl Sagan imagined when he rhapsodized about billions upon billions. A new study suggests there…
Egypt producer prices up 22 pct yr-on-yr to Oct
Egypt's producer price index rose 21.9 percent in the 12 months to October, compared to a rise of 14.1 percent in the 12 months to September, a government website showed…
TransGlobe expects 33 pct higher production in 2011
Canadian oil and gas company TransGlobe Energy Corp said it expects 2011 production to be about 33 percent more than the estimated current year volumes, and set a higher capital…
Jul-Sep current account deficit widens to $802 mln
Egypt's current account deficit widened in the July-Sept quarter as imports grew faster than exports and payments to overseas investors increased, the central bank said on Tuesday. Revenue from tourism,…
Rasmala expands reach with RBS partnership
CAIRO: The Royal Bank of Scotland (RBS) has set up a full capability research team for the Middle East and North Africa region by teaming up with Rasmala Holdings, a…
Hamas PM denies Al-Qaeda presence in Gaza
GAZA CITY: The prime minister of the Hamas government in Gaza denied Israeli allegations that Al-Qaeda operates in the coastal strip and that Palestinian militants had planned to carry out…
Amending land auctions law positive for investors
CAIRO: Egypt is considering an amendment to the public auctions law that would solve the legal dispute over Talaat Mostafa Group’s Madinaty project and similar lawsuits that have hit property…
Ashour seeks record cash prize in Gulf’s squash World Open
AL KHOBAR: World number one Ramy Ashour will have the richest payday any squash player has ever had if he regains the World Open title this Thursday in Al Khobar,…
Shark maims four Russian swimmers in Egypt’s Red Sea
CAIRO: An oceanic white tip shark badly mauled four Russian tourists swimming close to their beach hotels in two separate attacks at an Egyptian Red Sea resort, a local conservation…
Court ruling obliges Pope to approve Copts’ remarriage
CAIRO: The Higher Administrative Court recently declined two requests to override its previous court ruling that allows Orthodox Copts to remarry, upholding a ruling it issued last May. The two…
