TMG fourth-quarter net profit dips
CAIRO: Talaat Moustafa Group (TMG), Egypt's biggest developer by market value, reported a 16.7 percent drop in 2010 full-year net profit, the firm said in financial daily Al-Mal on Sunday.…
Egypt wins squash World Cup
CHENNAI, India: Egypt fulfilled all expectations by brushing aside defending champion England 2-0 to win the squash World Cup on Saturday. World No. 2 Ramy Ashour beat No. 4 James…
2 US warships cross Egypt’s Suez Canal
CAIRO: Egyptian officials say two US vessels have crossed the Suez Canal en route to the Mediterranean Sea to be close to Libya. The nuclear-powered submarine USS Providence and Destroyer…
Suez Canal revenue up 16.3 pct yr/yr in Feb
CAIRO: Revenue from Egypt's Suez Canal rose 16.3 percent year on year in February but fell from January, the canal authority's website showed on Friday. Many canal employees were on…
Two involved in Sadat assassination released
CAIRO: Two cousins jailed for their role in the assassination of then-president Anwar Sadat in 1981 were released Saturday to a huge welcome, their lawyer Nizar Ghorab said. The ruling…
Media rights group hails Tunisia, Egypt online progress
PARIS: A press freedom watchdog took Egypt and Tunisia off its online censorship blacklist following their recent revolutions and awarded a web media award to Tunisian news bloggers on Friday.…
Bourse to resume trade before week’s end
CAIRO: Egypt's bourse will reopen before the end of this week, the head of the Misr for Central Clearing, Depository and Registry told Reuters on Sunday. The stock exchange has…
Arab League asks UN for no-fly zone over Libya
CAIRO: The Arab League called Saturday for the UN Security Council to impose a no-fly zone over Libya, a surprisingly rapid and aggressive move for a bloc known more for…
Army says to lift restrictions on political parties
CAIRO: Egypt's military rulers plan to scrap a law that has severely restricted the formation of political parties, a government official said Saturday, the latest liberalization of the strict regime…
Army says to rebuild torched church in Helwan
CAIRO: Egypt's army will on Sunday begin rebuilding a church that was set ablaze last week, sparking deadly clashes between Muslims and Christians, a senior officer said. "The Egyptian armed…